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Nirmala says no to FDI in multi-brand retail

Last Updated: Tuesday, May 27, 2014, 18:05

Sitharaman, who took charge of the ministry, was replying to a question whether the government would rescind the current FDI policy of allowing foreign investment in MBRT.

Nirmala Sitharaman says no to FDI in multi-brand retail

Last Updated: Tuesday, May 27, 2014, 17:07

Reaffirming BJP`s stand on FDI in multi-brand retail, new Commerce and Industry Minister Nirmala Sitharaman on Tuesday indicated that foreign players will not be allowed to open mega stores in the country as it may adversely impact the small traders and farmers.

Govt may relax FDI norms for muti-brand retail on Thursday

Last Updated: Wednesday, July 31, 2013, 22:26

The government is likely to liberalise FDI norms for multi-brand retail on Thursday, a move that Finance Minister P Chidambaram expects will help attract first foreign investment in the sector.

FDI in retail will fetch better price for farmers: Rahul Gandhi

Last Updated: Wednesday, December 12, 2012, 00:05

Voicing his support for FDI in multi-brand retail, Rahul Gandhi said entry of international supermarket chains will allow farmers to get better price.

I voted as per my conscience on FDI motion: JMM MP

Last Updated: Tuesday, December 11, 2012, 21:42

JMM LS member Kameswar Baitha said he went by his "conscience" while voting along with UPA against the Opposition motion on FDI in multi-brand retail.

FDI in retail would lead to slavery: INLD

Last Updated: Monday, December 10, 2012, 22:48

Haryana`s principal opposition party INLD claimed that foreign investment in multi-brand retail would push the country back to pre-Independence era.

Parliament to transact normal business today

Last Updated: Monday, December 03, 2012, 09:20

With the UPA govt agreeing to hold a debate and a vote on the controversial FDI in multi-brand retail from December 4, the Parliament is expected to function smoothly as it convenes after a two-day break on Monday.

BJP shifting stand on FDI in retail everyday: Khurshid

Last Updated: Thursday, September 27, 2012, 16:51

Law Minister Salman Khurshid on Thursday took a dig at the BJP over its opposition to FDI in multi brand retail saying the party has been shifting its position "everyday".

FDI in multi-brand retail to benefit only capitalist: CPI

Last Updated: Tuesday, September 25, 2012, 21:30

CPI MP Gurudas Dasgupta said the FDI in multi-brand retail decision will help only capitalists and not the farmers and consumers in the country.

Bharat Bandh estimated to cause economic loss of over $2 billion

Last Updated: Thursday, September 20, 2012, 16:31

The nation-wide strike against the government decision to allow foreign direct investment (FDI) in multi-brand retail and hike diesel prices is estimated to cause losses of Rs 12,500 crore (2.25 billion USD) to the Indian economy, the Confederation of Indian Industry (CII) said Thursday.

Retail to attract $3 bn investments in 5 yrs: Crisil

Last Updated: Tuesday, September 18, 2012, 22:59

The government's move to allow 51 percent FDI in multi-brand retailing will attract investments of USD 2.5-3 billion in retail sector in next five years, Crisil Research said in a report Tuesday.

Mamata to traders: Build mass opinion against FDI in retail

Last Updated: Saturday, September 15, 2012, 18:01

West Bengal Chief Minister Mamata Banerjee on Saturday urged the trading community in the state to build up mass opinion against the Centre`s `anti-people policies`, like FDI in retail.