Single Brand Retail
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Union Cabinet to consider relaxing FDI norms in single brand retail, digital media today
•FDI helps in improving the country's balance of payments situation and strengthen the rupee value against other global currencies, especially the US dollar.
Local sourcing norms for FDI in single brand retail to be eased in few a weeks: Commerce Minister Piyush Goyal
•India will be easing mandatory local sourcing norms for FDI in single-brand retail trading in the next few weeks, Commerce and Industry Minister Piyush Goyal said
Walmart International CEO Judith McKenna meets Piyush Goyal to discuss local sourcing norms for domestic market
•Walmart International President and CEO Judith McKenna has met Commerce and Industry Minister Piyush Goyal to discuss local sourcing norms for the domestic market
Union Budget 2019: Govt proposes FDI norm relaxation in media, aviation, insurance, single brand retail
•The government on Friday proposed relaxation in the FDI norms for sectors such as media, aviation, insurance, and single brand retail with a view to attract more overseas investment
IKEA waited six years for an amenable FDI regime; Swedish retailer to trigger price war in India’s fragmented furniture market
Sindhub •The journey to its first store in India shows IKEA has been able to navigate the power corridors, coaxing successive governments into relaxing policies to suit its needs.
E-commerce firms deeply engaged in predatory pricing, says retail trade body CAIT
•Traders' body CAIT on Monday expressed apprehension over the commerce ministry not taking any action on the e-commerce issues and its detrimental impact on the country's retail trade
No foreign direct investments in defence, ports, coal in April-December period, says government
•During April-December 2017-18, foreign direct investments (FDI) into the country grew by a meagre 0.27 percent to $35.94 billion
Budget 2018: Liberalised FDI norms may benefit retail, Air India, but audit restrictions remain bottleneck
Atulpandey •The Narendra Modi-led government has been actively liberalising foreign direct investment (FDI) routes in India in order to improve the ease of doing business
Cabinet nod for 100% FDI in single brand retail via automatic route; 49% in Air India through approval
Fp Staff •Foreign investment(s) in Air India including that of foreign Airline(s) shall not exceed 49 percent either directly or indirectly
Why easing of FDI caps by Narendra Modi govt is largely cosmetic, changes little on the ground
Sindhu •Any easing of FDI norms is welcome and it cannot be denied that under the Modi government, FDI inflows have jumped substantially