07 Jan 2015
New Delhi: Retail e-Commerce sales in India are expected to grow by 45 percent to USD 7.69 billion this year, research firm eMarketer said.
04 Jan 2015
New Delhi: The first meeting of the Foreign Investment Promotion Board this year, to be held on January 22, will see thirty six FDI proposals being considered including those of Indian Energy Exchange, Viacom 18 Media, Glenmark Pharmaceuticals and Johnson & Johnson.
09 Oct 2013
New Delhi: Rejecting the demand of global retailers like Walmart, the government said that there is no plan to relax the mandatory 30 percent local sourcing norms for foreign players in the multi-brand retail sector.
14 Jan 2014
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.
06 Oct 2012
FDI in retail is being projected as a panacea for all the ills plaguing agriculture. It is expected to raise farmers income, remove middlemen, help consumers get a low price, and of course remove the massive wastage that we see in the farm supply chain.
02 Jan 2015
New Delhi: The Commerce and Industry Ministry plans to release the next edition of its consolidated FDI policy document on March 31, incorporating all the changes made over the past year.
08 Jan 2014
New Delhi: The government will wait for views of all stakeholders before allowing Foreign Direct Investment (FDI) in e-commerce retailing, Commerce and Industry Minister Anand Sharma said.
25 Nov 2011
The government on Friday asserted that opening up of multi-brand retail for foreign players will create over 10 million jobs in the next three, brushing aside all criticism including from key UPA ally Trinamool Congress.
03 Feb 2015
Mumbai : The Reserve Bank on Tuesday decided to liberalise FDI norms by allowing greater flexibility in the pricing of instruments with a view to attract more investments from overseas.
30 Dec 2014
New Delhi: Government has cleared eight foreign investment proposals worth about Rs 34.77 crore including that of CSC Computer Sciences International Operations and Life Positive Pvt Ltd.