FDI

The government is likely to set up a ‘single window' system for the numerous clearances required by retail ventures to set up shop in this country.A long standing demand of the retail industry, presently the issue is being debated...

Finance Minister P Chidambaram, while approving 18 Foreign Direct Investment proposals recommended by Foreign Investment Promotion Board (FIPB) in its meeting held on May 9, has recommended DLF Limitless Developers Private Limited’s proposal to be deferred.DLF had proposed to...

“Almost 97 per cent of the retail business is unorganised, and nothing will be done that can lead to job loss or have an adverse impact on those involved in this sector,” was a simple statement that Union Commerce...

The UPA government at the centre has decided not to take any rush decision on FDI in retail.“The government is in the midst of deciding a policy on FDI in retail sector. However, the decision can’t go that easy,...

Foreign direct investment (FDI) in retail sector for multi-brand products will be examined only after government receives reports from two analyst agencies, Rajya Sabha was informed yesterday.The two agencies are Indian Council for Research on International Relations (ICRIER) and...

More than 20,000 traders, farmers and shopkeepers today marched through the streets of Mumbai, to protest entry of retail giants like Wal-Mart fearing loss of livelihood.Farmers wearing traditional long white shirts and white caps marched through the streets of...

India will open up its $330 billion retail market to foreign investors after convincing mom-and-pop store owners that their jobs are not at threat from big players, Finance Minister P Chidambaram has said."In course of time their fears will...

Union commerce and industry minister Kamal Nath has won the ‘Global FDI Personality of the Year’ award from the Financial Times Group magazine FDI, for his efforts to make India an attractive destination for FDI.Courtney Fingar, editor of FDI,...

To monitor retail trade and act upon complaints of illegal practices in the $328 billion retail sector, the government is looking at the possibilities of setting up a national authority.The authority will keep check on areas ranging from procurement...