Finance Minister P Chidambaram said on Monday he wanted to remove or relax "outdated" caps on foreign direct investment (FDI) in different sectors, as his government struggles to revive an economy that has posted its weakest growth in a decade. ...
11:52 PM, Mar 18, 2013
With just a little more than a year left for the next Lok Sabha polls, Congress may be in for a hard grind electorally in 2013 when major states go to polls with the Bharatiya Janata Party on a high after Narendra Modi's hat-trick in Gujarat. It has been another roller coaster year in 2012 for the Congress heading the United Progressive Alliance government with a major ally Trinamool Congress...
12:05 PM, Dec 25, 2012
Antwerp: India has assured global investors that the country will move forward with its decision to open multi-brand retail to foreign investment and it has not pressed the "reverse button" on the proposal. Following strong protests from its key ally Trinamool Congress, the UPA government has suspended its decision to allow 51 per cent FDI in the politically sensitive multi-brand retail sector. "We know that partisan politics delayed the implementation...
10:05 PM, Jun 25, 2012
