-PTI Bowing to opposition pressure, the government on announced a time-bound inquiry by a retired judge into reports of lobbying by retail giant Walmart to gain entry into India. Parliamentary Affairs Minister Kamal Nath made the announcement as soon as the Lok Sabha met for the day. “Government will appoint a retired judge to hold a time-bound inquiry into the media reports regarding Walmart,” Mr. Nath said. The issue of retail giant Walmart lobbying...

-The Times of India The government has said that it is ready to probe the Wal-Mart lobbying report. The government is also concerned about the disclosure and is open to an inquiry to know the truth, parliamentary affairs minister Kamal Nath told reporters outside Parliament on Tuesday. The BJP wants a time-bound judicial probe into the isues Earlier, the row resonated once again in the Parliament on Tuesday leading to adjournment of both the...

-NDTV A day after the UPA government won Parliament's approval on its proposal to allow foreign direct investment or FDI in multi-brand retail, Prime Minister Manmohan Singh has said FDI will create a revenue model for farmers. "FDI has been passed by Parliament and it was strongly supported by organisation in Punjab. Agriculture and food retail business will be benefited by it, farmers and consumers will be benefited by FDI," the Prime...

-The Hindustan Times The much-anticipated two-day debate on the government’s decision to allow FDI in multi-brand retail got off to a spirited start in the Lok Sabha on Tuesday, with both the Opposition and the Congress fiercely defending their stands. But, the Samajwadi Party (SP) and the Bahujan Samaj Party (BSP) had the government on tenterhooks a day ahead of the vote on a resolution opposing the FDI move. Even as...

-The Times of India Congress faces an array of opponents keen to corner it over its decision to allow foreign direct investment in multi-brand retail raising the possibility of raucous disruptions as the winter session of Parliament gets underway on Thursday. The bone of contention is the Opposition's demand that the FDI policy be discussed under a rule that entails a floor test and the government's determination not to accept such a...