-The Times of India Retail giant Walmart has disclosed that it is investigating alleged violations of the US anti-bribery law in India, China and Brazil. The development could trigger fresh opposition to the opening up of the domestic retail market to global companies. The disclosure is likely to provide ammunition to political parties that are planning to corner the government on its decision to allow FDI in multi-brand retail when Parliament reconvenes...
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Government unlikely to agree for vote on retail FDI
-The Times of India The government may not agree to a resolution on FDI in multi-brand retail under the voting clause, reasoning that there was no precedent to put on vote an executive decision that did not involve any legislation. The UPA allies got together on Friday at a dinner hosted by the PM to discuss the strategy for the Parliament session in which the opposition has threatened to seek a division...
More »Left hints at FDI reprieve
-The Telegraph The four Left parties today iterated the need for a debate and vote in Parliament on FDI in multi-brand retail, but suggested they might not press beyond a point if the government refused a vote, stressing that Parliament needs to function. “A decision of this nature is the right of the executive. But any major decision affecting a vast number of people must reflect the opinion of Parliament. If not,...
More »Economy to top Parliament agenda: FM
-The Indian Express Ahead of the Winter Session, Finance Minister P Chidambaram on Friday said the government is reaching out to political parties to seek their support for passage of important economic bills. "The Parliament session has a very heavy legislative agenda. We are reaching out to the various political parties to carry through these agenda in the four weeks that we have for the session", he said addressing a press conference...
More »Left Parties to Oppose FDI in Retail in Parliament
-Outlook The issue of FDI in retail is expected to generate a storm in the Winter Session of Parliament beginning next week, with the Left parties today announcing their decision to move motions entailing voting to oppose the government's proposal. At a time when BJP and several other parties have also opposed FDI in retail, the Left leaders said they have appealed to all parties to support the motions in both Houses...
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