Multibrand

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

    The ruling Aam Aadmi Party (AAP) in Delhi has formed a seven-member 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...
  • Finance Minister P Chidambaram wants caps on FDI relaxed March 18, 2013

    New Delhi: Finance Minister P Chidambaram said on Monday he wanted to remove or relax "outdated" caps on foreign direct investment (FDI) in different sectors, as his government struggles to revive an economy that has posted its weakest growth in a decade. Removing investment barriers, many of which date back to...
  • UPA's retail FDI decision against national interest, says Opposition March 8, 2013

    New Delhi: Continuing their attack on the Congress-led UPA government for allowing FDI in multi-brand retail, opposition parties on Thursday accused it of working against the national interest, with the BJP asserting that it will oppose the move till its "last breath". "This FDI (foreign direct investment) is not in favour...
  • 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...
  • Congress tides over difficult 2012 December 25, 2012

    New Delhi: 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...
  • No violation of US laws in lobbying by Walmart: US December 11, 2012

    Washington: Amid controversy over reports that Walmart spent nearly Rs 125 crore for lobbying with lawmakers to get access to Indian market, the US has said the global retail giant did not violate any American law as far as the matter is concerned. "On the US side, I don't have any...
  • 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 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...
  • India @ 9 with Rajdeep Sardesai December 5, 2012

    Watch today's top stories with CNN-IBN Editor-in-Chief Rajdeep Sardesai. ...
  • India @ 9 with Rajdeep Sardesai December 4, 2012

    Watch today's top stories with CNN-IBN Editor-in-Chief Rajdeep Sardesai. ...
  • FDI in multi-brand retail to benefit farmers: Gogoi December 3, 2012

    Guwahati: Coming out in favour of Centre's decision to allow Foreign Direct Investment in multi-brand 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: Anti-corruption 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...
  • Azad meets Karuna on FDI issue ahead of all-part meet November 25, 2012

    New Delhi: Ahead of all-party 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 multi-brand 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 all-party 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 multi-brand retail: Sharma November 21, 2012

    On Board PM's Special Plane: Facing the prospect of a no-confidence motion, government on Tuesday said it will reach out to its sulking ally DMK to convince it about benefits of FDI in multi-brand retail even as it accused those opposing the move of having an "agenda" or "lack of...
  • Govt taking steps to boost investor confidence: Montek November 5, 2012

    Hyderabad: Amid threats that India's credit rating could be downgraded and a slowdown in the economy, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday said that the government has taken several steps to boost investor confidence and more such measures may follow. "Lot of examples can be given on the...
  • 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...
  • 30 Minutes: FDI and You October 7, 2012

    There is political sound and fury about the government's decision to allow 51 per cent Foreign Direct Investment in multi-brand retail. In this episode of 30 Minutes, we will get in touch with different stakeholders in FDI in retail and try to understand how multi-brand retail will effect their lives. ...
  • 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 multi-brand retailers. With their cooperative model, they are not worried by FDI in multi-brand retail. CNN-IBN travelled to Tamil Nadu to see how farmers there responded to FDI. The banana farmers of Theni district in Tamil Nadu are not...
  • FDI needed to bring back capital: Nitin Gadkari October 2, 2012

    New Delhi: Even as the party opposes FDI in multi-brand retail, BJP president Nitin Gadkari on Tuesday pitched for foreign investment in other sectors and conducive atmosphere to bring back capital in the country. "FDI has stopped coming in the country. Whatever had come is going back. Indian industry is taking...
  • BJP will never accept FDI in retail: Venkaiah Naidu September 30, 2012

    Bangalore: Stressing that BJP will continue to oppose the decision taken by UPA government as part of economic reforms, BJP leader Venkaiah Naidu on Sunday said the party would never accept FDI in multi-brand retail and fight against the reforms undertaken by UPA government. Talking to reporters on the sidelines of...
  • FDI decision helped rupee to bounce back: RBI September 30, 2012

    Beijing: India's decision to allow 51 per cent FDI in multi-brand retail has improved the market sentiment and helped the rupee to rebound, RBI Deputy Governor Anand Sinha said in Beijing on Sunday. "On the positive side, it (FDI in retail) improved sentiment as was shown in the market. Rupee has...
  • PM rubbishes Modi's allegation, says US doesn't dictate India September 29, 2012

    Manmohan Singh's statements come in the wake of a public speech by Gujarat Chief Minister Narendra Modi wherein he questioned the PM and his government over the proposed reforms. ...
  • US has nothing to do with reforms: PM Manmohan Singh September 29, 2012

    New Delhi: Taking on the Opposition, Prime Minister Manmohan Singh on Saturday made it clear that the "ongoing" reforms process was here to stay. Speaking to reporters, Singh questioned, "What has America got to do with reforms in India?" before adding that India was an independent country and could not...
  • FDI good, but can't introduce it in Kerala: Chandy September 29, 2012

    New Delhi: Kerala Chief Minister Oommen Chandy on Friday gave his backing to the Centre's proposal to allow 51 per cent foreign direct investment (FDI) in multi-brand retail, however, adding that it won't be implemented immediately in Kerala. Speaking to reporters, Chandy said that he would support FDI in retail, but...
  • Fitch cuts India growth forecast to 6 per cent September 28, 2012

    New Delhi: Fitch Ratings has cut its 2012 growth forecasts for India to 6 percent from 6.5 per cent on deteriorating global growth outlook with diminished willingness or capacity to respond with domestic policy loosening, compared with 2009. India's economic outlook remains challenging. Investment rose just 0.7 per cent YoY in...
  • Walmart can co-exist with kiranas, says its Asia CEO September 25, 2012

    In an exclusive interview to CNBC-TV18's Executive Editor Shereen Bhan, Walmart Asia CEO Scott Price said that the company will rework its joint venture with Bharti soon. ...
  • 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...
  • No FDI in retail, says Karnataka September 23, 2012

    Bangalore: Opposing the Union government's decision to allow Foreign Direct Investment (FDI) in the multi-brand retail sector, the state government has decided not to allow foreign retail giants to open their stores in the state, said Agriculture Produce and Marketing Committee (APMC) Minister SK Bellubbi. He told reporters on Saturday that...