India re-approves a plan (first passed and then revoked last year) to allow big-box retailers...


India re-approves a plan (first passed and then revoked last year) to allow big-box retailers like Wal-Mart (WMT) to own controlling interests in local ventures. Together with a new law allowing (minority) foreign ownership of airlines, it's among the more important economic reforms for the country in 2 decades. One India ETF: EPI +3.8%.

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