-The Times of India   Traders across the country have downed their shutters to join the protest against government's decision to allow foreign direct investment (FDI) in retail.  The impact of the strike has been visible in several cities. In some cities, shopkeepers took out marches demanding a rollback of the government move.  In Maharashtra, around 35 lakh small and medium traders have kept their shops shut in response to the bandh.  "We have received...

-The Times of India   UPA partners Trinamool Congress and DMK rejected Prime Minister Manmohan Singh's appeal to drop their opposition to FDI in retail on Thursday, enhancing the possibility that the government may have to announce that it will not roll out the decision.  Although a formal notification to make the Cabinet decision operational has already been put off, the unrelenting opposition from Trinamool and DMK may force the government to put...

Farmers, a holy-cow constituency considered more valuable than small traders to the political class, have begun to ask uncomfortable questions to those opposing foreign direct investment (FDI) in retail. Several farmer groups, some of them led by politicians with ties to the Congress, have asked why some parties are standing in the way of a measure that is expected to reduce the clout of middlemen and increase farm earnings. Although Prime Minister...

-The Hindu   In a bid to break the impasse over foreign direct investment (FDI) in multi-brand retail, the government made a vain attempt on Wednesday night to persuade the Opposition to tone down the wording of its motion. But it was told in categorical terms that the demand for a rollback of the decision was non-negotiable. The Opposition stance was conveyed by the Working President of the National Democratic Alliance (NDA) and...

Manmohan Singh today refused to yield to pressure on the question of allowing foreign direct investment in retail and appeared ready for a protracted battle, including the risk of a vote in Parliament despite his government’s fragile majority. Somewhat reminiscent of his nuclear deal stand, the Prime Minister confronted those who had accused the government of taking a hasty decision on retail. “We have not taken this decision in haste, but after...