Stock markets are no sole indicator of the economy: Chidambaram
Indian bourses are reflecting the global markets, says FM Noting that some volatility is to be expected in the bourses due to turbulence in global financial markets, Finance Minister P Chidambaram, on Friday, said the stock market is not the sole indicator of Indias economy.
Govt says no plans for FDI in retail Government is not considering any proposal to allow foreign direct investment (FDI) in retail sector, Agriculture Minister Sharad Pawar said on Friday.
Govt nod for 18 FDI proposals The Centre, on Friday, said it has cleared 18 Foreign Direct Investment (FDI) proposals worth Rs 1,553.26 crore.
China poses plethora of problems, says Nike Nike Inc, world's biggest sneaker and sportswear maker, said falsified documents, underage workers and unpaid wages were problems encountered at suppliers in China, despite what experts say is one of top social compliance regimes in the industry.
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