The Confederation of All India Traders (CAIT) on Saturday started a 90-day “National Rath Yatra” protesting against foreign direct investment (FDI) in retail and the Walmart-Flipkart deal. The protest movement named “Sampoorn Kranti Rath Yatra” started at Red Fort here. It will cover various parts of the country and culminate[Read More…]
Tag: FDI
100% FDI in retail will harm retailers, shopkeepers: CPI-M
The CPI-M on Wednesday denounced the government decision to allow 100 per cent FDI through the automatic route in single brand retail trade, warning this will have “harmful consequences” for domestic retail traders and shopkeepers. Until now, Foreign Direct Investment up to 49 per cent was permitted under the automatic[Read More…]
Jaitley in Singapore: Lists GST, note ban as major reforms
Finance Minister Arun Jaitley has urged Singaporean businesses to invest in India, highlighting the country as one of the largest FDI recipients with the government undertaking major structural reforms, including Aadhaar, GST and demonetisation. “India has become the most favourable and attractive destination for Foreign Direct Investment (FDI),” Jaitley said[Read More…]
PM attacks Congress for questioning World Bank ranking
Prime Minister Narendra Modi on Saturday attacked Congress for questioning the World Bank Report on ease of doing business in India and said with GST and other reforms, its report next year would show further improvement in ranking. The Prime Minister said those who had worked with the World Bank[Read More…]
POSCO closes last chapter in Odisha project
Won’t allow damage to national interest: Manohar Parrikar on FDI
UNCTAD pegs India 10th in FDI inflows
Due to the surge of investments in the first four months of 2016, India remains in the top ten countries attracting foreign funds, according to the United Nations Conference for Trade and Development’s new World Investment Report 2016. In 2015, India reached a high of $44 billion in foreign direct[Read More…]