Tag: FDI in retail

Walmart Pauses India-Entry; Upset By States’ Veto Power

Concerned over the States’ veto power in matters related to foreign investors’ entry into their states, global retail major Walmart has remained hesitant to enter India. Walmart and along with the US government officials have met Mr. Anand Sharma, Commerce & industry minister for India. The foreign retail major has conveyed its anxiety over the […]

FDI in Retail Policy to Undergo Parliament Houses’ Vote

FDI in Retail Policy is expected to be presented in both the houses of Parliament. UPA government’s decision to seek vote only in LS was opposed by the opposition leaders. UPA government is confident of its overwhelming majority in the lower house- Lok Sabha. However the ruling coalition seems nervous over gaining an upper hand […]

Telecom negatives present challenges to Housing and Real Estate.

FDI in retail could begin in a phased manner in the metros, the survey suggested, a day ahead of the Budget. Though it did not specify the details, experts said the government document hinted at a low FDI cap, perhaps one of 26 per cent. It has also talked of “incentivising” mom-and-pop stores (kirana shops) […]