FDI

The Government said that there is no proposal under its consideration to review the foreign direct investment (FDI) policy in the multi-brand retail sector. According to a PTI report: "No proposal is under consideration of the Government to review the...

The Government is weighing the option of permitting overseas retailers to open stores for selling ‘Made in India’ products only as it looks to relax the norms for multi-brand retail for attracting more funds and generating more jobs. According to...

Amazon, Grofers and Big Basket have submitted FDI proposals to the Government for undertaking retail trading of food products. According to a PTI report: The Government had last year allowed 100 per cent foreign direct investment (FDI) for trading, including...

The Government is actively considering a proposal to allow foreign direct investment (FDI) in non-food items, along with food products, under the multi-brand retail policy and a decision may be taken ahead of the mega world food event in...

Global e-commerce major Amazon has sought government’s approval for online selling of food products produced and manufactured in India. The US-based company has proposed to invest about Rs 3,400 crore for the purpose, people aware of the development said, adding that the...

The retail sector will get an impetus from the spur in economic activity in rural areas on the back of rise in rabi crop planting, according to a report by Dun & Bradstreet issued to PTI. Besides, low level of...

The Budget 2017-18 has provided an impetus to manufacturing, export infrastructure and government e-marketplace, Commerce and Industry Minister, Nirmala Sitharaman said. She said that Finance Minister Arun Jaitley has announced several measures for the ministry. The Budget "provides renewed impetus to manufacturing...

I appreciate the dynamic economic vision of the Government in the promotion of growth and development of the Indian economy. The focus on financial reforms, infrastructure build-up, industrial development, growth of MSMEs and agriculture reforms is highly encouraging. The financial...

The US-based iPhone maker Apple will on Wednesday meet Commerce and other ministries' officials to seek tax concessions for setting up stores in India. Apple officials on Tuesday met Commerce Minister Nirmala Sitharaman to discuss "the issues". "They (Apple) are putting...

British appliances maker Dyson has sought approval of the Government to set up single brand retail stores in India. It has also demanded relaxation of mandatory local sourcing norms citing its products' are state-of-art, an official said. As per the current...