Pranab In Chicago

Many India watchers say they remain unconvinced that Indian leaders can push through bigger changes - such as opening India to multibrand retailers like Walmart or revamping government policies that have prolonged market and agricultural inefficiencies by awarding $33.8 billion a year in subsidies for food, fuel and fertilizers. Much will depend on...

India pays Iran about $1 billion every month through Turkey for the 3,70,000 barrels per day of crude oil.

Speaking at the end of a two-day visit in Chicago, he said that nations were free to adopt policies that suited their requirements, but the policies should not lead to protectionism. Moreover, he stressed, the World Trade Organisation (WTO) too is working to free flow of goods and services across the globe.

"Our efforts to open up the FDI in multi brand retail trading has not been operationalised yet. We are in the process of building up consensus among the various stakeholders to take the next steps in that regard," Finance Minister Pranab Mukherjee said.

Pranab Mukherjee asked the US investors to access the Indian debt market through a mechanism of regulated entities with a sustained long-term interest rate.

On a two-day visit to the US, Finance Minister Pranab Mukherjee today met with American investors and business leaders of the corporate world and told them that the decision on allowing 51 per cent Foreign Direct Investment (FDI) in retail has only been put on hold for now. Mr Mukherjee also told them that this is how things sometimes work in a dem...

Many India watchers say they remain unconvinced that Indian leaders can push through bigger changes - such as opening India to multibrand retailers like Walmart or revamping government policies that have prolonged market and agricultural inefficiencies by awarding $33.8 billion a year in subsidies for food, fuel and fertilizers. Much will depend on...

India pays Iran about $1 billion every month through Turkey for the 3,70,000 barrels per day of crude oil.

Speaking at the end of a two-day visit in Chicago, he said that nations were free to adopt policies that suited their requirements, but the policies should not lead to protectionism. Moreover, he stressed, the World Trade Organisation (WTO) too is working to free flow of goods and services across the globe.

"Our efforts to open up the FDI in multi brand retail trading has not been operationalised yet. We are in the process of building up consensus among the various stakeholders to take the next steps in that regard," Finance Minister Pranab Mukherjee said.

Pranab Mukherjee asked the US investors to access the Indian debt market through a mechanism of regulated entities with a sustained long-term interest rate.

On a two-day visit to the US, Finance Minister Pranab Mukherjee today met with American investors and business leaders of the corporate world and told them that the decision on allowing 51 per cent Foreign Direct Investment (FDI) in retail has only been put on hold for now. Mr Mukherjee also told them that this is how things sometimes work in a dem...