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FDI in multi-brand retail to push growth: Goldman Sachs

The government Wednesday won an Opposition motion against 51 percent FDI in multi-brand retail with a comfortable margin in the Lok Sabha. The motion will be voted up on in the Rajya Sabha on Friday.

Industry hails Lok Sabha approval to FDI in retail

Indian industry on Wednesday welcomed the approval accorded by Lok Sabha to FDI in multi-brand retail, saying it will send a strong signal to foreign investors and enable the government to take up further economic reforms.