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FDI in retail will bring investment of $700 million

Last Updated: Monday, October 15, 2012, 22:19

Defending FDI in retail and other sectors, Union Minister V Narayanasamy Monday said the country was expecting an investment of about 700 million USD besides provision of huge employment and creation of agro- infrastructure.

FIPB to consider 50 FDI proposals this week

Last Updated: Sunday, October 14, 2012, 12:20

"The 182nd Meeting of the Foreign Investment Promotion Board (FIPB) is scheduled to be held on October 19, 2012," the Finance Ministry communication said.

14 FDI proposals worth Rs 113.35 cr cleared

Last Updated: Monday, October 08, 2012, 19:07

The government Monday said it has cleared 14 FDI proposals worth Rs 113.35 crore including three from the pharmaceutical sector.

Farm sector biggest beneficiary of FDI in retail: Kamal Nath

Last Updated: Tuesday, September 25, 2012, 18:10

Union Minister Kamal Nath on Tuesday strongly defended FDI in multi-brand retail, saying the agricultural sector would benefit from the move in a big way.

Liberalised FDI policy to revive investors’ confidence: DIPP

Last Updated: Tuesday, September 25, 2012, 17:57

On September 14, the government allowed 51 percent FDI in multi-brand retail, 49 percent investment by foreign airlines in aviation sector and sale of equity in four public sector units.

FDI in multi-brand retail to help farmers: Pawar

Last Updated: Monday, September 24, 2012, 20:23

FDI in multi-brand retail will boost investment in cold-chain facilities and bring down post-harvest losses, benefiting farmers and consumers, Agriculture Minister Sharad Pawar said on Monday.

FDI in multi-brand retail comes into effect

Last Updated: Thursday, September 20, 2012, 20:44

With this notification, multinational retailers can invest up to 51 percent to open stores in 10 states and UTs which, till date, have agreed to implement the decision.

'Multi-brand retail may attract FDI of up to $3 bn in 2 yrs'

Last Updated: Monday, September 17, 2012, 21:08

Allowing 51 percent FDI in multi-brand retail can attract investments of up to USD 3 billion in India in the next two years, according to consultants.

Experts divided on benefits of FDI in retail to farmers

Last Updated: Monday, September 17, 2012, 16:21

Agriculture experts seem divided on the issue of benefits to farmers from government's decision to allow foreign direct Investment (FDI) in multi brand retail in India.

FDI in retail would help farmers, boost economy: Vayalar Ravi

Last Updated: Monday, September 17, 2012, 16:19

The minister gave an example of how in Kochi, the commercial capital of Kerala, there are shopping complexes and retail stores, but the blooming of such stores had no negative impact on the farmers and traders.

'FDI in retail to help improve supply chain, boost growth'

Last Updated: Sunday, September 16, 2012, 19:06

Foreign direct investment (FDI) in India's largely unorganised retail sector will help curb inflationary pressure by easing supply side constraints and revive economic growth, analysts said.

'FDI in retail would hit Indian traders'

Last Updated: Sunday, September 16, 2012, 18:56

Demanding immediate roll back of the decision, BJP's Odisha unit vice-president Ashok Sahu told reporters here that even the allies in the UPA are reported to be against allowing FDI in multi-brand retail.