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Tuesday, April 27, 2010

FDI stance on retail unchanged - Anand Sharma

There is no change in India's policy on opening up retail sector to more foreign direct investment (FDI) as of now, Trade Minister Anand Sharma told reporters on Tuesday.

The current policy allows 51 percent FDI in single-brand retail only.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Jun 03
19:30 JOLTS Job Openings 2 7.391M 7.100M 7.200M Revised from 7.192M
n/a GDT Price Index 1 -1.6% -0.9%
22:15 Fed's Goolsbee speech 2
22:30 Fed's Cook speech 2
Wednesday, Jun 04
n/a Total Vehicle Sales 1 16.3M 17.3M
02:00 API Weekly Crude Oil Stock 1 -4.236M
04:30 AiG Industry Index 2 -15
04:30 Ai Group Manufacturing PMI 1 -26.5
04:30 S&P Global Services PMI 2 50.5 50.5
04:30 S&P Global Composite PMI 2 50.6
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