
A day after Parliament cleared foreign direct investment (FDI) in retail, Prime Minister Manmohan Singh on Saturday assured the nation again and said that the reforms push will benefit both farmers and consumers. "I am confident that it will benefit the farmers, and the consumers and our country," said Manmohan. ...

12:49 PM, Dec 08, 2012

Opposition parties on Friday cried foul after their motion against FDI in multi-brand retail was defeated in Rajya Sabha, accusing government of "manoeuvring" votes by "colluding" with BSP and SP. Parties like BJP, CPI-M, CPI and Trinamool Congress insisted that the victory for the government came even as a majority of the parties in the House did not favour the measure. ...

07:40 PM, Dec 07, 2012

The Himachal government will not implement FDI in the retail markets of the state as it will harm a large number of educated unemployed persons engaged in petty trades, Chief Minister Prem Kumar Dhumal said on Friday. In a letter written to Union Minister of Commerce and Industry Anand Sharma, Dhumal cleared the stand of the state government on the issue, an official release quoting him said. ...

07:34 PM, Dec 07, 2012

BSP supremo Mayawati on Thursday declared that her party will support the UPA government on FDI vote in the Rajya Sabha. "The government's proposal on FDI has some loopholes but the plus point for the current FDI policy of Central government is that states won't be forced to implement it," said Mayawati. ...

02:53 PM, Dec 06, 2012

The Samajwadi Party (SP) on Wednesday said that it will not vote in favour of the government on FDI in retail. Samajwadi Party leader Naresh Aggarwal said, "We won't vote in the Rajya Sabha in favour of the government. We won't make our stand clear on walking out." ...

12:43 PM, Dec 06, 2012

The Trinamool Congress (TMC) on Thursday compared the debate on FDI in retail to match-fixing. The former UPA ally said that a minority government has no locus standi to fix the debate. "Match fixing won't do, minority government won't be allowed to fix debate. The government has to go," TMC leader Derek O'Brien said. ...

12:17 PM, Dec 06, 2012

It was joy all over the Treasury benches as the opposition motion to withdraw the decision on FDI in retail was defeated in the Lok Sabha. Soon after the vote, Prime Minister Manmohan Singh congratulated Commerce Minister Anand Sharma and Parliamentary Affairs Minister Kamal Nath for their efforts in ensuring the government's victory. ...

09:56 PM, Dec 05, 2012

The UPA on Wednesday defeated the Opposition motions in the Lok Sabha over FDI, including the motion against FEMA amendments. ...

09:19 PM, Dec 05, 2012

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05:50 PM, Dec 05, 2012

PepsiCo on Wednesday said it is looking to double procurement of potato in India annually over the next five years from the current 2.4 lakh tonnes, a day after BJP leader Sushma Swaraj stated that the food and beverages major rejected local produce in Punjab. "We work with around 24,000 farmers right now and last year we procured about 2.4 lakh tonnes of potatoes through contract farming and the programme...

05:16 PM, Dec 05, 2012

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05:07 PM, Dec 05, 2012

Leader of the Opposition in Rajya Sabha Arun Jaitley on Wednesday claimed that the disruption in the House is a tactic adopted by the UPA government and its allies in order to stay way from the FDI debate. Jaitley accused the government of diversionary tactics in the Rajya Sabha and said that the UPA constituents have been deliberately disrupting proceedings to avoid the vote. ...

01:10 PM, Dec 05, 2012

It is a huge day for Parliament as the Lok Sabha is set to enter into a debate on Tuesday on FDI in multi-brand retail. The debate will be carried out under rule 184, which allows voting. The Congress is putting up a brave front saying it's confident that it has the numbers and can pull through this. ...

07:45 AM, Dec 04, 2012

The deadlock over FDI in retail came to an end in Lok Sabha on Thursday as the Speaker fixed the date for a debate and vote on the issue which will take place on December 4 and December 5. Leader of the Opposition Sushma Swaraj said the Opposition will let the house function since the government had agreed to a debate and vote on FDI in retail under rule 184....

01:17 PM, Nov 29, 2012