Pranab Mukherjee Fdi In Retail

• FDI in retail: Winter session's Day 1 washed out; PM calls all-party meet on Monday

  The BJP-led NDA and the Left want a discussion on FDI in retail under a rule that allows voting. The government says it is ready to debate its policy decision but does not want a vote. Neither side is budging from its position...

• Don't want FDI in retail, key political parties tell Prime Minister

  The Left, Samajwadi Party and the Janata Dal (S) have written to Prime Minister Manmohan Singh urging him not to open up the multi-brand retail trade to foreign direct investment (FDI).

• BJP might support raising FDI in insurance: Yashwant Sinha

  Government, which has of late been talking of pushing reforms, may get support from BJP on raising the FDI in insurance sector if it "reaches out" to the opposition.

• Govt has limited mandate, need to take others along: Pranab

  The statement assumes significance as some UPA constituents like the Trinamool Congress has forced the government to put on hold a number of decisions, including FDI in multi brand retail and roll back hike in rail fares.

• Retail stocks rally as Budget commits to multi-brand FDI

  Shares of retail companies gained value as the Finance Minister said efforts are on to allow FDI in retail

• Process on for consensus on FDI in multi-brand retail: Pranab

  "We have further liberalised FDI in single-brand retail, and a consensus for operationalising the decision taken to open FDI in multi brand retail trading is being pursued," Finance Minister Pranab Mukherjee said.

• Govt committed to 51% FDI in multi-brand retail, says Pranab Mukherjee

  The Finance Minister said that because of the European crisis, emerging markets had also begun to falter.

• Notification on FDI in multi-brand only matter of time: Sharma

  Industry Minister Anand Sharma assured Indian and European Union CEOs that the government is building a consensus on opening the multi-brand retail and it is only a "matter of time" before the decision is notified. Addressing the CEOs, Sharma said the decision to put on hold FDI in multi-brand retail is "just a pause" and it has "not been taken bac...

• FDI in retail: Government making efforts for consensus, says Pranab

  "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 woos US investors, clears the air on FDI

  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...

• Market cues: Asian markets weak, oil climbs

  Asian shares weak, FDI in single-brand retail soon

• Cantankerous politics hurting India: Sunil Bharti Mittal

  India Inc told Finance Minister Pranab Minister that politics is hurting the Indian economy. Sunil Bharti Mittal highlighted the negative effects of policy paralysis at the NDTV Business leadership Award function in Mumbai. “It is restricting some good things that can happen,” said that Founder, Chairman and Group CEO of Bharti Enterprises, who...

• FDI in retail not shelved, working to build consensus: Pranab

  Finance minister Pranab Mukherjee said on Friday that the government was looking to build political consensus

• FDI in retail suspended to avoid mid-term polls: Pranab

  "I am sorry to those members, who had supported FDI in retail and might be feeling let down. But if we had gone ahead, it could have created a crisis for the government," said Finance Minister Pranab Mukherjee. Trinamool Congress, a UPA constituent and partner in the government, had said it would vote in favour of an Adjournment Motion against FDI ...

• Pranab Mukherjee: FDI decision was not wrong, but did not want mid-term elections

  At a meeting of all Congress MPs this morning, Finance Minister Pranab Mukherjee dissected the government's disastrous attempt to allow reform in retail. Mr Mukherjee told the MPs that the decision to allow 51% foreign ownership of multi-brand stores was not incorrect, but that the government has put it on hold to avoid mid-term elections.