Govt On Fdi

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  Apple Needs to Apply Afresh for Retail Store Licence: Official

  Apple will have to submit fresh application for opening single brand retail stores to seek exemption from local sourcing norms.

• Rupee slips despite govt, RBI steps to bolster dollar inflows

  The government eased rules for foreign investment on Tuesday, adding to measures taken by the RBI to suck out rupee liquidity. However, global investment bank Nomura said these measures are medium-term positives as they will help attract stable long-term capital inflows.

• Rupee pulls back to 59.05 after govt hikes FDI cap

  However, bond yields jumped, adding to Tuesday's large bond price losses. Yield on the most traded 8.33 per cent 2026 bond was 10 basis points higher at 8.27 per cent.

• Govt bites the FDI bullet, raises cap in 12 sectors: Highlights

  The government has increased the limit for Foreign Direct Investment or FDI in nine sectors including telecom where the limit is now 100%. Commerce Minister Anand Sharma briefed the media on the change in policies.

• Govt says it's open to inquiry on Wal-Mart lobbying, Opposition demands probe by parliamentary panel: 10 developments

  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.

• 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.

• Govt wants to experience kolaveri first hand: AIADMK during FDI debate

  The Congress-led UPA government is lying that FDI in retail will help farmers, small manufacturers and create more jobs, AIADMK leader V Maitreyan said on Thursday.

• FDI debate: Anand Sharma defends govt's decision

  Commerce and Industries Minister Anand Sharma on Wednesday defended the government's decision to allow foreign capital in multi-brand retail, saying this was taken after due consultations with all stakeholders and that it would save farm output and generate employment in the country.

• FDI in retail vote: Govt placates Telangana MPs with meeting on statehood issue

  The government has called a meeting of political parties from Andhra Pradesh on December 28 to discuss Telangana statehood. This appears to be a move to placate Congress MPs from Telangana and ensure their support when Parliament votes on the Foreign Direct Investment (FDI) in multi-brand retail issue.

• BJP accuses Govt of staging disruptions in Rajya Sabha

  After repeated adjournments by the SP and the BSP, the Rajya Sabha was adjourned for the day today. The Upper House will begin debating the FDI issue tomorrow and a voting will take place on Friday. Leader of the Opposition in Rajya Sabha, Arun Jaitley accused the government today of disrupting the House as it doesn't have the numbers.

• Mayawati's stand on FDI fronts her terms for support to govt

  Bahujan Samaj Party (BSP) chief Mayawati has toughened stand on quota in promotion bill. She has linked her support on FDI to quota bill. Mayawati is insisting that quota in promotions bill be passed before vote on FDI taken up.

• No pressure on me from govt, Meira Kumar tells NDTV: Highlights

  In an exclusive interview with NDTV, Lok Sabha Speaker Meira Kumar says she allowed a debate on FDI in multi-brand retail in Lok Sabha under Rule 184 after consulting all parties and that there is no pressure on her from the government.

• Vote on FDI in both houses; Mulayam may vote against govt in Rajya Sabha

  This morning, the Speaker of the Lok Sabha, Meira Kumar, agreed to the opposition's demand for a debate followed by a vote on Tuesday and Wednesday next week.

• Vote on FDI in both houses; Mulayam may vote against govt in Rajya Sabha

  The government will have to take a vote in the Lok Sabha on its politically contentious decision to allow Foreign Direct Investment or FDI in retail. The Speaker of the Lok Sabha, Meira Kumar, has agreed to the opposition's demand for a debate followed by a vote, which will take place most likely early next week. With its allies pledging their s...

• Vote on FDI: Govt meets BJP leaders Arun Jaitley, Sushma Swaraj

  With the ally DMK firmly on its side, the government has indicated that it is ready for a vote in Parliament on foreign direct investment (FDI) in retail, signalling a possible end to the House logjam.