-The Telegraph The BJP has slammed the Centre’s move to allow FDI in multi-brand Retail, alleging this would destroy self-employment, create monopolies, facilitate foreign takeover of farming units and impair local manufacturing. Sources in the BJP, which has a following among small and medium traders who own the most of the mom-and-pop “kirana” shops, warned that this section would start an agitation as the Centre’s decision amounted to the “Wal-Martisation” of India. The...

-PTI Government decision to allow FDI in Retail saw uproar in both Houses of Parliament, with ruling UPA ally Trinamool Congress leading the charge and the entire opposition joining them. Soon after Speaker Meira Kumar condemned the attack on agriculture minister Sharad Pawar, Trinamool Congress members rushed near the well of the Lok Sabha demanding cancellation of the decision of the Union Cabinet to allow 51 per cent FDI in multi-brand Retail...

India has approved long-awaited proposals to open up the Retail market to global supermarket chains. Food Minister KV Thomas said the cabinet has agreed to 51% foreign ownership of multi-brand Retail stores, allowing groups like Wal-Mart and Tesco to open stores. Such operators currently can only sell wholesale in India and not directly to customers. A decision on the issue has been pending for two years. Mr Thomas told reporters that the cabinet decided...

-The Times of India   The Competition Commission of India (CCI) has given an assurance that as a regulator, it is committed to discharging its legal mandate on any anti-competitive behaviour by potential entrants arising from the government's decision to raise the FDI limit to 51% in multi-brand and 100% in single brand Retail. This statement is expected to soothe the nervousness of those with genuine concerns about the adverse competitive implications...

-The Hindustan Times   After losing the first week of the winter session in Parliament to disruption, the government is bracing for more opposition salvo next week as the Left parties and the BJP are mulling adjournment motions on Monday against the Union Cabinet's decision to allow 51% FDI in multi-brand Retail. On Friday, the two Houses could only condemn the attack on agriculture minister Sharad Pawar. Trinamool Congress, key ally of...