Manmohan Singh On Fdi

The newly elected state government in New Delhi on Monday barred foreign supermarkets from setting up shop, a blow to Prime Minister Manmohan Singh's efforts to attract overseas investment and revive the economy.

The newly elected state government in New Delhi on Monday barred foreign supermarkets from setting up shop, a blow to Prime Minister Dr Manmohan Singh's efforts to attract overseas investment and revive the economy.

Hinting at a possible cut in the country's defence budget, Prime Minister Manmohan Singh on Friday said the services will have to exercise prudence in acquisitions in view of the economic slowdown, stressing on the need to "cut our coat according to our cloth".

In big-ticket reforms push, the government on July 16 decided to hike FDI in sectors like telecom, insurance and defence, to boost the sagging economy.

A high-level meeting, chaired by Prime Minister Manmohan Singh, today approved raising FDI limit in the telecom sector to 100 per cent. In insurance, it raised the sectoral FDI cap from 26 per cent to 49 per cent under the automatic route.

Prime Minister Manmohan Singh will on Tuesday discuss the proposal to increase Foreign Direct Investment (FDI) cap in sectors like telecom, retail and defence with his senior Cabinet colleagues.

He flew to the US on Monday for meetings with the CEOs and other top executives of potential investors, including Microsoft Corp, Wal-Mart Stores Inc, Lockheed Martin International and Boeing International. He is due to return to India on July 14.

Strongly favouring the hike in FDI cap to 100 per cent in the telecom sector, Commerce and Industry Minister Anand Sharma said on Sunday that he would soon move the Cabinet for further liberalisation in other sectors as well which hold potential for FDI inflows.

Finance Minister P Chidambaram on Monday said he wanted to remove or relax "outdated" caps on foreign direct investment (FDI) in different sectors, as his government struggles to revive an economy that has posted its weakest growth in a decade.

Government has approved 63 proposals for FDI in single brand retail so far, Union Commerce Minister Anand Sharma said on Friday.

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.

The government's double victory in parliament votes on retail reform opens the way for financial sector reform bills to be taken up in parliament next week, Parliamentary Affairs Minister Kamal Nath said on Friday.

The government's double victory in the Lok Sabha and the Rajya Sabha on its decision to allow Foreign Direct Investment or FDI in multi-brand retail opens the way for financial sector reform bills to be taken up in Parliament next week, Parliamentary Affairs Minister Kamal Nath said on Friday.

The government today won the vote on its controversial decision to allow foreign direct investment or FDI in multi-brand retail. Out of the 212 members present and voting, 116 voted with the government and 95 voted against FDI.

The Manmohan Singh government has won the vote on Foreign Direct Investment or FDI in multi-brand retail in the Lok Sabha. In division, 471 votes were cast, 253 MPs voted against the BJP motion challenging the government's policy decision and 218 voted for it. The BSP and Samajwadi Party, which provide external support to the government, helped it ...

The newly elected state government in New Delhi on Monday barred foreign supermarkets from setting up shop, a blow to Prime Minister Manmohan Singh's efforts to attract overseas investment and revive the economy.

The newly elected state government in New Delhi on Monday barred foreign supermarkets from setting up shop, a blow to Prime Minister Dr Manmohan Singh's efforts to attract overseas investment and revive the economy.

Hinting at a possible cut in the country's defence budget, Prime Minister Manmohan Singh on Friday said the services will have to exercise prudence in acquisitions in view of the economic slowdown, stressing on the need to "cut our coat according to our cloth".

In big-ticket reforms push, the government on July 16 decided to hike FDI in sectors like telecom, insurance and defence, to boost the sagging economy.

A high-level meeting, chaired by Prime Minister Manmohan Singh, today approved raising FDI limit in the telecom sector to 100 per cent. In insurance, it raised the sectoral FDI cap from 26 per cent to 49 per cent under the automatic route.

Prime Minister Manmohan Singh will on Tuesday discuss the proposal to increase Foreign Direct Investment (FDI) cap in sectors like telecom, retail and defence with his senior Cabinet colleagues.

He flew to the US on Monday for meetings with the CEOs and other top executives of potential investors, including Microsoft Corp, Wal-Mart Stores Inc, Lockheed Martin International and Boeing International. He is due to return to India on July 14.

Strongly favouring the hike in FDI cap to 100 per cent in the telecom sector, Commerce and Industry Minister Anand Sharma said on Sunday that he would soon move the Cabinet for further liberalisation in other sectors as well which hold potential for FDI inflows.

Finance Minister P Chidambaram on Monday said he wanted to remove or relax "outdated" caps on foreign direct investment (FDI) in different sectors, as his government struggles to revive an economy that has posted its weakest growth in a decade.

Government has approved 63 proposals for FDI in single brand retail so far, Union Commerce Minister Anand Sharma said on Friday.

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.

The government's double victory in parliament votes on retail reform opens the way for financial sector reform bills to be taken up in parliament next week, Parliamentary Affairs Minister Kamal Nath said on Friday.

The government's double victory in the Lok Sabha and the Rajya Sabha on its decision to allow Foreign Direct Investment or FDI in multi-brand retail opens the way for financial sector reform bills to be taken up in Parliament next week, Parliamentary Affairs Minister Kamal Nath said on Friday.

The government today won the vote on its controversial decision to allow foreign direct investment or FDI in multi-brand retail. Out of the 212 members present and voting, 116 voted with the government and 95 voted against FDI.

The Manmohan Singh government has won the vote on Foreign Direct Investment or FDI in multi-brand retail in the Lok Sabha. In division, 471 votes were cast, 253 MPs voted against the BJP motion challenging the government's policy decision and 218 voted for it. The BSP and Samajwadi Party, which provide external support to the government, helped it ...