Fdi Opposition

The Budget, which has been at the receiving end of the opposition's ire because of the alleged preferential treatment given to certain states - especially Andhra Pradesh and Bihar - is not discriminatory, finance secretary TV Somanathan has said.

A month after India announced monumental changes to foreign direct investment (FDI) rules, aggressive pushback has emanated not just from opposition parties, but from trade unions linked to the ruling BJP.

While we will support the move towards GST, in the coming session, we are equally vehemently going to announce our opposition to the new FDI limits announced by the government in a slew of sectors.

On Tuesday, when the Lok Sabha passed the controversial land bill, the Congress and some other opposition parties were not present in the House. They had walked out, signalling to the government that they are united in their resolve to not let its key reforms pass the Rajya Sabha test.

Rare agreement between the ruling BJP and the opposition Congress is likely to clear the way for the Insurance Bill that represents the Narendra Modi government's first major legislative reform.

The Narendra Modi government's first big reform - the Insurance Amendment Bill - is now expected to come up in the Rajya Sabha on Monday. The government is trying to talk opposition parties into supporting it.

Opposition candidate for prime minister Narendra Modi said on Thursday India's millions of family-owned traders must learn to work with large modern shops and online retailers, in comments that could signal a shift in thinking.

Wal-Mart has also been requesting the Indian government to further relax norms for FDI in multi-brand retail business, where 51 per cent foreign equity was allowed last year despite opposition by various political parties.

It was an eventful year for the retail sector, where the government permitted foreign direct investment in multi-brand segment, as it courted controversies with several opposition parties, eventually turning into a political issue in Parliament.

Retail giant Walmart has said it will provide "relevant information" to the Indian authorities for the judicial probe announced due to pressure from Opposition parties on the issue of the company's lobbying efforts in the US regarding India's multi-brand retail sector.

Amid fierce opposition to Foreign Direct Investment (FDI) in multi-brand retail and the Indian government agreeing to an inquiry into lobbying by Wal-Mart, the global retail giant says it's confident of setting up shop in the country.

The government said today that it is willing to commission an investigation to determine if retail giant Wal-Mart lobbied in India for access to the country's vast retail sector.

Opposition uproar over the issue has repeatedly caused Parliament to be adjourned in recent weeks.

Finding itself in a "complex" situation, the Congress is doing a fine balancing act in trying to resolve the Rajya Sabha deadlock over the bill on reservations for the Scheduled Castes and the Scheduled Tribes (SC/ST) in job promotions and says it hopes for a positive result. The bill is possibly the next acid test for the government with the Samaj...

The government said today that it is willing to order an inquiry to determine if Wal-Mart lobbied in India for access to the country's vast retail sector. There were multiple disruptions in the Lok Sabha today before the house discussed the issue at 2 pm this afternoon.

The Budget, which has been at the receiving end of the opposition's ire because of the alleged preferential treatment given to certain states - especially Andhra Pradesh and Bihar - is not discriminatory, finance secretary TV Somanathan has said.

A month after India announced monumental changes to foreign direct investment (FDI) rules, aggressive pushback has emanated not just from opposition parties, but from trade unions linked to the ruling BJP.

While we will support the move towards GST, in the coming session, we are equally vehemently going to announce our opposition to the new FDI limits announced by the government in a slew of sectors.

On Tuesday, when the Lok Sabha passed the controversial land bill, the Congress and some other opposition parties were not present in the House. They had walked out, signalling to the government that they are united in their resolve to not let its key reforms pass the Rajya Sabha test.

Rare agreement between the ruling BJP and the opposition Congress is likely to clear the way for the Insurance Bill that represents the Narendra Modi government's first major legislative reform.

The Narendra Modi government's first big reform - the Insurance Amendment Bill - is now expected to come up in the Rajya Sabha on Monday. The government is trying to talk opposition parties into supporting it.

Opposition candidate for prime minister Narendra Modi said on Thursday India's millions of family-owned traders must learn to work with large modern shops and online retailers, in comments that could signal a shift in thinking.

Wal-Mart has also been requesting the Indian government to further relax norms for FDI in multi-brand retail business, where 51 per cent foreign equity was allowed last year despite opposition by various political parties.

It was an eventful year for the retail sector, where the government permitted foreign direct investment in multi-brand segment, as it courted controversies with several opposition parties, eventually turning into a political issue in Parliament.

Retail giant Walmart has said it will provide "relevant information" to the Indian authorities for the judicial probe announced due to pressure from Opposition parties on the issue of the company's lobbying efforts in the US regarding India's multi-brand retail sector.

Amid fierce opposition to Foreign Direct Investment (FDI) in multi-brand retail and the Indian government agreeing to an inquiry into lobbying by Wal-Mart, the global retail giant says it's confident of setting up shop in the country.

The government said today that it is willing to commission an investigation to determine if retail giant Wal-Mart lobbied in India for access to the country's vast retail sector.

Opposition uproar over the issue has repeatedly caused Parliament to be adjourned in recent weeks.

Finding itself in a "complex" situation, the Congress is doing a fine balancing act in trying to resolve the Rajya Sabha deadlock over the bill on reservations for the Scheduled Castes and the Scheduled Tribes (SC/ST) in job promotions and says it hopes for a positive result. The bill is possibly the next acid test for the government with the Samaj...

The government said today that it is willing to order an inquiry to determine if Wal-Mart lobbied in India for access to the country's vast retail sector. There were multiple disruptions in the Lok Sabha today before the house discussed the issue at 2 pm this afternoon.