The levels which we had seen cement stocks would probably now be justified by the fact that cement prices were low and that was very expectedly low.

Making a strong case for FDI in India’s multi-brand retail, Indian Commerce and Industry Minister Anand Sharma has said that entry of global retail giants would help create millions of jobs and not weaken the unorganised sector as feared. Dismissing “septics and scare mongers” who say FDI in the sector would lead to job losses, [...]