New Delhi, Oct. 8: Union minister of commerce and industry Kamal Nath today ruled out foreign direct investment (FDI) in retail.
New Delhi, Oct. 8: Union minister of commerce and industry Kamal Nath today ruled out foreign direct investment (FDI) in retail.
Despite keeping tight controls on nearly every aspect of commerce in the former Czechoslovakia, the communist regime that ruled for decades made no effort to regulate industry?s impact on the environment. The result was disastrous for the air, water and land.
Re-bruised export target cut 13%
The government on Monday scaled down its export target for this fiscal by over 12.5% to $140 billion, acknowledging the impact of the rising rupee on shipments. The commerce ministry had set an export target of $160 billion at the beginning of this fiscal. The value of the rupee has strengthened by over 11% since January to close at a nine-and-a-half year high of 39.37 a dollar on Monday, …
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