Nirmala Sitharaman

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Country is not ready to welcome FDI in multi-brand retail: Sitharaman

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Although the current FDI policy permits foreign players to hold 51 per cent stake in an Indian company, BJP had opposed foreign investment in this segment in its election manifesto.

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Commerce Ministry launches online marketplace for goods procurement

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The Commerce ministry is also planning to expand the initiative in the long run. As per Sitharaman, the ministry wants to make government procurement more comprehensive and transparent.

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44% hike in FDI since June 2014: Nirmala Sitharaman

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Due to the continuous reforms and initiatives being undertaken by the government, the FDI equity inflow has recorded a growth of 44 per cent in its 21 months tenure (June 2014 to February 2016).

Nirmala Sitharaman, stakeholders discuss FDI in e-commerce sector

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Nirmala Sitharaman & online stakeholders discuss FDI

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Betting big on the e-commerce industry,Commerce and Industry Minister Nirmala Sitharaman discussed various issues related to foreign direct investment (FDI) in the online-commerce sector with several stakeholders, including Flipkart, Snapdeal and industry

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Many complaints on Flipkart discount sale: Nirmala Sitharaman

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New Delhi: After receiving "many complaints" from traders on Flipkart's massive discount sale, the government on Friday said it will look into the concerns and take a call on whether more clarity is required on e-commerce retail business.

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Govt will not allow FDI in multi-brand retail: Nirmala Sitharaman

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NDA government will not allow foreign direct investment in multi-brand retail according to Commerce and Industry Minister Nirmala Sitharaman.

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NDA government will not entertain FDI in multi-brand retail: Nirmala Sitharaman

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Clearing government stand on FDI in multi-brand retailing, Commerce and Industry Minister Nirmala Sitharaman today said the NDA government will not "entertain" foreign direct investment in multi-brand retail.

GST likely to be introduced shortly: Sitharaman

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GST likely to be introduced shortly: Nirmala Sitharaman

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The proposed new indirect tax regime, Goods and Services Tax, is likely to be introduced shortly, the government said on Tuesday.

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No proposal to lower gold import duty: Finance Ministry

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"Currently, there is no proposal to reduce the customs duty on gold," Minister of State for Finance Nirmala Sitharaman said in a written reply to the Lok Sabha.

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No decision on FDI in multi-brand retail trading, says Nirmala Sitharaman

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"As per the extant FDI policy, FDI up to 100 per cent is permitted in single brand retail trading. No decision on FDI in multi-brand retail trading has been taken," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sab