Prime Minister Narendra Modi on Friday said his government has carried out major reforms -- including labour reforms and reforms in insurance and defence sectors -- 'in less than 100 days' and stopped reversals Indian economy had been facing.
After supermarket giant Walmart, it is online retail major Amazon which has begun lobbying with the US lawmakers to seek their support for facilitating its "foreign direct investment in India".
Another point of contention is the invoice issued by the e-companies.
An all party-meeting to discuss legislative business in Parliament's monsoon session on Thursday saw a fierce debate on the issue of Telangana with the Bharatiya Janata Party demanding that a bill be brought on it in this session and some other parties fearing repercussions of the decision in other states.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
This could mean an end to the talks for a possible partnership between the two firms in the multi-brand retail space -- less than a year after 51 per cent foreign investment was allowed in the sector.
Against the backdrop of objections by some MPs, Civil Aviation Minister Ajit Singh on Tuesday strongly defended the Rs 2,058 crore (Rs 20.58 billion) Jet-Etihad deal, saying those opposing it were "long on politics and short on facts".
Making it easier to do business is a key element of our strategy, says Foreign Secretary S Jaishankar.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
The Indian government and RBI must keep foreign equity investors happy and avoid crushing growth expectations, notes Akash Prakash.
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