Last Updated: Monday, June 15, 2015, 17:53
The Foreign Investment Promotion Board (FIPB) had taken up the application in its meeting, but the decision was deferred in want of comments from the Department of Financial Services (DFS), sources said.
Last Updated: Sunday, June 14, 2015, 11:46
The services sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had received foreign direct investment (FDI) worth USD 2.22 billion in 2013-14.
Last Updated: Saturday, June 6, 2015, 15:50
The synthetic textiles industry has sought a complete recast of excise and customs regime for itself, relating it with cotton, to be able to compete with Bangladesh, China and Vietnam and not lose out on the Make in India campaign.
Last Updated: Thursday, June 4, 2015, 23:08
The government Thursday restricted free outbound shipments of goods by large exporters for export promotion activities to Rs 10 lakh.
Last Updated: Tuesday, May 19, 2015, 13:02
Jaitley also evaded giving a direct reply to a question on what the government's response will be if a retailer was to submit an FDI proposal.
Last Updated: Tuesday, May 12, 2015, 23:37
Government has retained the previous UPA regime's decision allowing foreign retailers to open multi-brand stores with 51 percent ownership, in its consolidated FDI policy released Tuesday, notwithstanding the political slugfest over the issue.
Last Updated: Wednesday, May 6, 2015, 22:22
With an aim to increase FDI inflows, the government Wednesday enhanced FIPB's powers to recommend foreign investment proposals of up to Rs 3,000 crore.
Last Updated: Thursday, April 30, 2015, 18:22
An inter-ministerial panel Thursday deferred Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent.
Last Updated: Thursday, April 16, 2015, 23:46
The government has set the record straight on tax disputes, maintaining they are not covered by the Bilateral Investment Promotion and Protection Agreement (BIPA) and need to be judicially and legally settled.
Last Updated: Sunday, March 22, 2015, 11:03
During the full 2013-14 fiscal, India had received USD 1.18 billion FDI through the government approval route, according to the figures collated by the Department of Industrial Policy and Promotion (DIPP).
Last Updated: Friday, March 20, 2015, 14:56
Government is in the process of finalising a policy to promote BPO activities in the country after implementing a scheme to incentivise these operations in the Northeast, claiming it would be a "game changer".
Last Updated: Monday, March 16, 2015, 22:38
Emphasising on the need for India to achieve higher growth trajectory, a senior government official today said that ease of doing business must be ensured for the country's own sake and not just for achieving higher ranking on this index at the global level.
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