New Delhi: The BJP-led government may not permit foreign retailers to open mega stores in the country as such a move may adversely impact small traders and farmers, new Commerce and Industry Minister Nirmala Sitharaman
New Delhi: Singapore has replaced Mauritius as the top source of foreign direct investment into India, accounting for about 25 per cent of FDI inflows in 2013-14.During the last financial year, India attracted USD 5.98
New Delhi: The final decision on HDFC Bank's proposal to raise foreign shareholding will be taken by the Foreign Investment Promotion Board, the Finance Ministry said today. “It (ambiguities in HDFC Bank's proposal) will be cleared
New Delhi: Regressive foreign direct investment (FDI) policy of the government has hurt Indian defence industry, the Federation of Indian Chambers of Commerce and Industry (FICCI) has said.In a communication addressed to the secretary of
New Delhi: Allaying fears that the withdrawal of fiscal stimulus programme in the US will impact foreign investments into India, a Finance Ministry report has said the country is an attractive destination on its own
New Delhi: India's services sector received foreign direct investment (FDI) of $2.18 billion during April-February period of financial year 2013-14, down 54 per cent compared with figures of the corresponding period a year ago. Services such
Varanasi: Aam Aadmi Party convener Arvind Kejriwal today appealed to the people to vote for his party candidates, promising to “fight till our last breath” to stop the gas price hike in Parliament.Addressing a rally
Washington: After supermarket giant Walmart, it is online retail major Amazon which appears to be lobbying hard with U.S. lawmakers to seek their support for facilitating its “foreign direct investment in India”.According to the latest
New Delhi: Contentious issues like construction of a Ram Temple in Ayodhya, abrogation of Art 370 giving special status to Jammu and Kashmir and enactment of Uniform Civil Code have been included in the BJP's
New Delhi: The BJP Monday released its manifesto focusing on improving the country's economy and infrastructure, ending policy paralysis and curbing corruption.Releasing the manifesto on the first phase of the Lok Sabha election, party leader
New Delhi: Foreign direct investment (FDI) in the services sector declined by about 61 per cent year-on-year to $1.8 billion during April-January. The services sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had
New Delhi: Foreign direct investment (FDI) in India dipped by 3 percent to USD 22.03 billion in 2013, according to the official data.In 2012, India attracted USD 22.78 billion of FDI, according to the data
New Delhi: Against the backdrop of speculation about Narendra Modi's comments suggesting a rethink on the FDI policy, BJP today said their opposition to FDI in retail will not change.“As far as FDI in retail
New Delhi: Expressing surprise at the "arbitrary" decision of the AAP government to disallow FDI in multi-brand retailing, the Congress party plans to take up the issue in the state assembly."I don't think there is
New Delhi: UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to
Mumbai: Pick-up in exports and decline in gold imports are likely to keep the country's Current Account Deficit lower during the rest of the fiscal as compared to the same period last year, a report
New Delhi: Foreign Direct Investment into the country declined by about 38 per cent, year-on-year, to USD 2.91 billion in September, according to the Department of Industrial Policy and Promotion.In September 2012, the country had
New Delhi: The I&B Ministry has accepted broadcast sector regulator TRAI's recommendations on guidelines for accreditation of TV rating agencies and will soon approach the union cabinet for its nod, Union Minister Manish Tewari said.
New Delhi: Foreign direct investment in the pharma sector has more than doubled to USD 1.07 billion during April-August period amid concerns over increasing acquisitions of domestic firms by multinationals.FDI in drugs and pharmaceuticals was
New Delhi: The Foreign Investment Promotion Board will take a decision on November 13 on British telecom major Vodafone's proposal seeking approval to invest Rs 10,141 crore for raising its stake in India unit to
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