FDI In Multi Brand Retail

  • Prithvi Reddy to head AAP's panel on economic policy January 19, 2014

    The ruling Aam Aadmi Party (AAP) in Delhi has formed a sevenmember team to formulate its economic policy ahead of the general elections. The decision to form a committee assumes significance as the party is under pressure from several quarters to make its stand clear on various issues ranging from foreign...
  • AAP's decision to disallow FDI in retail abrupt: Anand Sharma January 14, 2014

    New Delhi: Commerce minister Anand Sharma has criticized the Delhi government for withdrawing approval for FDI in retail. He said that the decision will have an adverse impact on creation of jobs and will hit the rural infrastructure. "50 per cent retail FDI inflows lead to creation of rural infrastructure...
  • Walmart violated Indian rules governing foreign investment: CBI July 20, 2013

    Mumbai: Walmart Stores Inc violated Indian rules governing foreign investment, the Central Bureau of Investigation (CBI) said in a letter to a member of Parliament seen by Reuters. The CBI said in the letter that according to its analysis, Walmart's investment violated Reserve Bank of India guidelines and Foreign Exchange Management...
  • RBI lowers current fiscal growth projection to 5.5 pc January 29, 2013

    Mumbai: The Reserve Bank of India on Tuesday trimmed the economic growth projection for the current fiscal to 5.5 per cent, from 5.8 per cent estimated earlier and said it was necessary to arrest the decline in growth as inflation risks moderate. "While the series of policy initiatives by the Government...
  • Govt manoeuvred votes on FDI motion, claims Oppn December 7, 2012

    New Delhi: Opposition parties on Friday cried foul after their motion against FDI in multibrand retail was defeated in Rajya Sabha, accusing government of "manoeuvring" votes by "colluding" with BSP and SP. Parties like BJP, CPIM, CPI and Trinamool Congress insisted that the victory for the government came even as...
  • India @ 9 with Rajdeep Sardesai December 5, 2012

    Watch today's top stories with CNNIBN EditorinChief Rajdeep Sardesai. ...
  • India @ 9 with Rajdeep Sardesai December 4, 2012

    Watch today's top stories with CNNIBN EditorinChief Rajdeep Sardesai. ...
  • FDI in multibrand retail to benefit farmers: Gogoi December 3, 2012

    Guwahati: Coming out in favour of Centre's decision to allow Foreign Direct Investment in multibrand retail, Assam Chief Minister Tarun Gogoi on Sunday said entry of big multinational companies would benefit local farmers. "The big companies will buy directly from local farmers and this will benefit the farm sector. FDI in...
  • Anna opposes entry of foreign companies in country November 30, 2012

    Jagatsinghpur: Anticorruption crusader Anna Hazare on Friday opposed entry of foreign companies in the country, including steel major POSCO, saying such investors were exploiting the country's natural resources for their own gain in the name of setting up industries. "A brake should be put on entry of all foreign companies including...
  • UPA govt enemy number one of youths: Tripura CM November 29, 2012

    Agartala: Tripura Chief Minister Manik Sarkar on Wednesday said the UPA government led by Manmohan Singh at the Centre is the 'number one enemy' of youths because it was not filling vacant posts and has stopped new employments. Sarkar told a rally by Democratic Youth Federation of India (DYFI) state...
  • Parliament adjourned after uproar over FDI issue November 26, 2012

    New Delhi: The storm over FDI in retail rocked Parliament for the third day in a row with a determined Opposition adamant on a discussion on the issue under a rule that entails voting. While Lok Sabha could not transact any official business because of uproar over FDI issue, the...
  • Azad meets Karuna on FDI issue ahead of allpart meet November 25, 2012

    New Delhi: Ahead of allparty meeting, which is slated on Monday, Union Minister Ghulam Nabi Azad on Sunday met DMK chief Karunanidhi to try and bring the ally on board on the issue of Foreign Direct Investment or FDI in multibrand retail. Azad said, "DMK has requests Centre to have a...
  • PM invites BJP leaders for dinner meeting today November 22, 2012

    New Delhi: With the Lok Sabha Speaker's allparty meeting failing to break the logjam on FDI in retail issue, Prime Minister Manmohan Singh has invited the top brass of main Opposition BJP for a dinner on Thursday to ensure smooth functioning of Parliament in the winter session. Singh had invited BJP...
  • Govt will reach out to DMK on multibrand retail: Sharma November 21, 2012

    On Board PM's Special Plane: Facing the prospect of a noconfidence motion, government on Tuesday said it will reach out to its sulking ally DMK to convince it about benefits of FDI in multibrand retail even as it accused those opposing the move of having an "agenda" or "lack of...
  • Did Walmart flout FDI norms to invest in India? October 10, 2012

    New Delhi: In the midst of the FDI in retail push, controversy continues to surround Walmart's investments in Bharti Retail. Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee has demanded that the deal between the two companies be terminated. The world's largest retailer Walmart has come under question...
  • FDI not good, other countries shutting it down: Gen VK Singh October 7, 2012

    Former Army chief General (retd) VK Singh has slammed the Centre's move to allow 51 per cent foreign direct investment in retail saying it will hurt the farmers. "We must think long and hard before implementing FDI in retail. We must look at why other countries are shutting it down. This...
  • TN: Banana farmers say FDI in retail not a threat October 5, 2012

    Chennai: Banana farmers are confident that they have an edge over big multibrand retailers. With their cooperative model, they are not worried by FDI in multibrand retail. CNNIBN travelled to Tamil Nadu to see how farmers there responded to FDI. The banana farmers of Theni district in Tamil Nadu are not...
  • FDI in retail will increase farmers' income: Montek September 24, 2012

    Planning Commission Deputy Chairman Montek Singh Ahluwalia justifying the opening up the Indian retail sector to foreign direct investment (FDI) said that it will help increasing the income of farmers. Speaking to Karan Thapar on Devil's Advocate, Ahluwalia said that benefits to the farmers are going to come from modernising...
  • FDI in retail will create quality jobs: Montek September 23, 2012

    Planning Commission Deputy Chairman Montek Singh Ahluwalia has sought to justify opening up the Indian retail sector to foreign direct investment (FDI) saying it will create better quality jobs. Speaking to Karan Thapar on Devil's Advocate, Ahluwalia said that it was a complete misreading of reports that the FDI in retail...
  • After India Inc, 'aam aadmi' may be UPA's focus September 22, 2012

    New Delhi: With his back to the wall, Prime Minister Manmohan Singh on Friday night tried to defend a highly contentious move of the Congressled United Progressive Alliance (UPA) government that included hiking prices of diesel, bringing in 51 per cent foreign direct investment (FDI) in multibrand retail and restricting...
  • We support the UPA, not its policies: Samajwadi Party September 21, 2012

    Samajwadi Party chief Mulayam Singh Yadav on Friday announced his support to the UPA government saying it was to keep the "communal forces like the BJP" at bay. ...
  • Modi attacks PM over FDI, illegal immigration September 21, 2012

    New Delhi: Gujarat Chief Minister Narendra Modi on Friday said that Prime Minister Manmohan Singh had "redefined democracy" by turning the Indian government into a "government for the foreigners, by the foreigners and of the foreigners". The Gujarat Chief Minister took on the PM over his government's decision to allow 51...
  • FDI in retail: Investors in no hurry to rush in September 21, 2012

    London: India's recent push for big ticket reforms has cast a shadow on the ongoing World Retail Congress meeting in London. Foreign retailers seem to be cautious about the announcement on many counts. Bijou Kurien, President and Chief Executive, Lifestyle, Reliance Retail Ltd, said, "The first is that they are all...
  • After FDI in retail, Centre plans hike in FDI insurance cap September 21, 2012

    Sources say that the Centre could hike FDI cap in insurance from 26 per cent to 49 per cent. An announcement is likely next week. ...
  • Don't roll back reforms under pressure: India Inc September 20, 2012

    New Delhi: The industry in India on Wednesday asked the government not to roll back the recent reform measures like foreign investment in multibrand retail and hike in diesel prices under political pressure. Such a step, industry leaders said, would raise questions about the government's ability to take policy decisions and...
  • PM must roll back FDI or quit: CPM September 19, 2012

    New Delhi: The Left on Wednesday upped the ante over FDI in multibrand retail and diesel price hike and said that Prime Minister Manmohan Singh must either roll back the measures or resign. "Congress's major allies are against FDI in retail and almost all the Opposition parties are opposing it. Still...
  • PM tried to contact Mamata: Chidambaram September 19, 2012

    New Delhi: Prime Minister Manmohan Singh had tried to speak to Trinamool Congress (TMC) chief Mamata Banerjee four days ago but she did not respond, Finance Minister P Chidambaram said on Wednesday. "We tried to speak to her four days ago, and the prime minister tried to speak to her, and...
  • UPAII will not last till 2014: LK Advani September 19, 2012

    New Delhi: Senior Bharatiya Janata Party (BJP) leader LK Advani has said that the Congressled United Progressive Alliance Government (UPA) will not last its full term till 2014. Demanding a special session of Parliament, Advani said, "After Trinamool Congress's (TMC) decision, the government has been destabilised. It is only a...
  • No express lane for WalMart, rivals in India September 19, 2012

    Mumbai: For five years, Raj Jain fought to bring WalMart to India. After finally getting his wish on Friday, now comes the hard part for Jain, country head for the world's biggest retailer, which must negotiate a thicket of restrictions to set up shop in the world's second mostpopulous country. Turning...
  • Midterm elections unavoidable: BJP September 19, 2012

    The Opposition has been hankering for midterm elections ever since Trinamool Congress leader Mamata Banerjee withdrew her support from the ruling UPA to leave it 17 short of the halfway mark in Parliament. ...