-CNN-IBN The Opposition is crying foul over reports of global retail giant Walmart lobbying US lawmakers to get into India. The BJP and the Left Front joined hands to collectively take on the government, demanding an inquiry into reports that Walmart had spent Rs 125 crore on lobbying with US lawmakers to facilitate its expansion into markets including India over the past four years. The BJP, in fact, compared it to...

-PTI Delhi may soon become the first city in the country to have global retail chains like Walmart and Tesco, with the city government all set bring a bill in the Winter session of assembly beginning on Tuesday to remove hurdles in ensuring "effective" implementation of Foreign Direct Investment (FDI) in multi-brand retail. The city government will bring an amendment to the Agricultural Produce Marketing Committee (APMC) Act for facilitating direct purchase...

-The Hindustan Times In an reply to a query under the Right to Information Act , the Union ministry of commerce and industry has admitted that it has no "specific information to furnish" regarding the Union government's claim in a newspaper advertisement that foreign direct investment (FDI) in retail would create over one crore jobs and that 50% of the total foreign investment would be in villages. A Bhopal-based advocate, NK Jain,...

-PTI Global retail giant Walmart - waiting for years to open its supermarkets in India - has been lobbying with the US lawmakers since 2008 to facilitate its entry into the highly lucrative Indian market. As per the lobbying disclosure reports filed by Walmart with the US Senate, the company has spent close to $25 million (about Rs 125 crore) since 2008 on its various lobbying activities, including on the issues...

-Outlook Talking ‘communal’ about FDI trivialises the secular cause If one adds up the number of MPs in the Lok Sabha belonging to political parties that have a stated position against FDI in retail trade, it will certainly be bigger than the number of MPs in favour of FDI. Actually, the figure goes well past the Lok Sabha majority mark of 272. Yet the resolution opposing FDI received only 218 votes...