Fdi Debate

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  IKEA For 'Less Detailed Regulations' On Local Sourcing

  Amid a debate over local sourcing conditions for foreign firms to open retail stores in India, Swedish furniture major IKEA says it is better to have "less detailed regulations" as business will eventually go the place that has the best preconditions to do so.

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  Insurance Bill Tabled in Rajya Sabha Amid Sparring on Technicalities

  A controversial bill providing for raising the Foreign Direct Investment (FDI) cap in the insurance sector was introduced in Rajya Sabha today but not before a heated debate and adjournments over technicalities as a similar legislation was pending in the House.

• All-party meeting on promotion quota bill fails to break deadlock

  An all-party meeting called by Rajya Sabha chairman Hamid Ansari today to resolve differences over the promotions quota bill ended without a solution. This comes following an uproar in Rajya Sabha over the contentious bill that ended in the House being adjourned for the day.

• TDP Rajya Sabha member quits after row over absence during vote on FDI

  One of three Rajya Sabha members of the Telugu Desam Party (TDP), who were absent during the vote on the FDI Bill in the parliament, sent his resignation to party president N Chandrababu Naidu on Sunday.

• Our notice for floor test on FDI exposed Mayawati, Mulayam Singh: BJP

  After the Opposition lost the vote on FDI in multi-brand retail in both Houses of Parliament, the BJP today claimed it gave the notice for a debate and voting against the Centre's move to expose arch-rivals Samajwadi Party and Bahujan Samaj Party, which were against foreign investment in the retail sector.

• TDP shocked after MPs abstain from Rajya Sabha vote on FDI

  The Telugu Desam Party (TDP) is shocked after three of its MPs - T Devender Goud, Y Satyanarayana Choudary and Gundu Sudha Rani - abstained from voting on the AIADMK motion against foreign direct investment (FDI) in Rajya Sabha yesterday evening.

• FDI to bring new technology in agriculture, says Prime Minister

  A day after the UPA government won Parliament's approval on its proposal to allow foreign direct investment or FDI in multi-brand retail, Prime Minister Manmohan Singh has said FDI will create a revenue model for farmers.

• US welcomes Parliament's decision to allow FDI in retail

  The United States has welcomed the decision of the Indian Parliament to allow FDI in multi-brand retail, noting that this is a win-win for all from small businesses to farmers and consumers as well; besides deepening economic co-operation between the two countries.

• Rajya Sabha member arrives on stretcher to vote

  Two Rajya Sabha members were too ill to attend the parliamentary debate on FDI in retail but they came for the voting - with one arriving on a stretcher.

• FDI vote: Mayawati, Mulayam help Govt win in Rajya Sabha too

  The government today won the vote on its controversial decision to allow foreign direct investment or FDI in multi-brand retail. Out of the 232 members present and voting, 123 voted with the government and 109 voted against FDI.

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  Ahead of FDI vote in Rajya Sabha, Anand Sharma spars with Arun Jaitley

  The Bahujan Samaj Party's 15 Rajya Sabha MPs will vote in favour of the government's decision to allow Foreign Direct Investment (FDI) in multi-brand retail. This could help the government scrape through by a whisker and win today's vote in the Upper House, where it is in a minority.

• FDI vote in Rajya Sabha today; Govt likely to sail through with Mayawati's support

  The Bahujan Samaj Party's 15 Rajya Sabha MPs will vote in favour of the government's decision to allow Foreign Direct Investment (FDI) in multi-brand retail. This could help the government scrape through by a whisker and win today's vote in the Upper House, where it is in a minority.

• FDI vote in Rajya Sabha: how the numbers add up

  The Rajya Sabha is all set to vote on the government's decision to allow Foreign Direct Investment (FDI) in multi-brand retail.

• Venkaiah Naidu apologises after woman MP breaks down over his comment

  Senior BJP leader Venkaiah Naidu had to apologise in Parliament today after a woman MP from the Congress broke down when he snapped at her for interjecting during his speech in Rajya Sabha on Foreign Direct Investment or FDI in multi-brand retail.

• FDI in retail not against small shopkeepers, says Ashok Ganguly

  Foreign equity in multi-brand retail is good for the country and would not uproot small shopkeepers, said Rajya Sabha independent member and former chairperson of Hindustan Lever Ashok S. Ganguly.