Advertisement
Singapore markets open in 5 hours 32 minutes

  • Straits Times Index

    3,306.02
    +6.02 (+0.18%)
     

  • S&P 500

    5,464.62
    -8.55 (-0.16%)
     

  • Dow

    39,150.33
    +15.53 (+0.04%)
     

  • Nasdaq

    17,689.36
    -32.24 (-0.18%)
     

  • Bitcoin USD

    64,114.35
    -119.84 (-0.19%)
     

  • CMC Crypto 200

    1,322.10
    -38.23 (-2.81%)
     

  • FTSE 100

    8,237.72
    -34.74 (-0.42%)
     

  • Gold

    2,334.70
    +3.50 (+0.15%)
     

  • Crude Oil

    80.59
    -0.70 (-0.87%)
     

  • 10-Yr Bond

    4.2570
    +0.0030 (+0.07%)
     

  • Nikkei

    38,596.47
    -36.53 (-0.09%)
     

  • Hang Seng

    18,028.52
    -306.78 (-1.67%)
     

  • FTSE Bursa Malaysia

    1,590.37
    -2.32 (-0.15%)
     

  • Jakarta Composite Index

    6,879.98
    -6,819.32 (-49.78%)
     

  • PSE Index

    6,158.48
    -186.08 (-2.93%)
     

No decision on FDI in supermarkets - minister

Reuters
A worker arranges food packets inside a retail store in Kolkata October 24, 2013. REUTERS/Rupak De Chowdhuri/Files (Reuters)

NEW DELHI (Reuters) - The new government has not decided its stance on a policy in place to allow foreign direct investment in supermarkets, trade minister Nirmala Sitharaman told lawmakers in a written reply in Parliament on Friday. The Bharatiya Janata Party-led government opposes the policy put in place by its predecessor to allow foreign supermarkets to operate in India. But the new administration has not been clear whether it will revoke the policy. (Reporting By Rajesh Kumar Singh, Writing by Sruthi Gottipati; Editing by Frank Jack Daniel)