FICCI, CII welcome changes in FDI norms

Last Updated: Wednesday, July 17, 2013, 09:12

The government has cleared 100 percent FDI in telecom, raised FDI in insurance to 49 percent, in asset reconstruction from 74 percent to 100 percent and in credit information companies from 49 percent to 74 percent.

No decision on FDI in media

Last Updated: Tuesday, July 16, 2013, 23:22

The I&B ministry had earlier informed DIPP that consultations with TRAI and PCI would take time so existing limits of FDI caps and entry routes may continue.

Govt liberalises FDI limits in 12 sectors: Highlights

Last Updated: Tuesday, July 16, 2013, 22:07

Following decisions on FDI limits were taken at a meeting chaired by Prime Minister Manmohan Singh.

Antony prevails, FDI cap in defence remains 26%

Last Updated: Tuesday, July 16, 2013, 21:52

FDI cap in defence sector will remain at 26 percent and proposals beyond that will be considered by the Cabinet Committee on Security on case to case basis.

Govt announces 2nd round of FDI reforms; 100% in telecom

Last Updated: Tuesday, July 16, 2013, 20:31

The government decided to hike foreign direct investment (FDI) in a dozen sectors, including 100 percent in telecom and higher caps in insurance and defence sectors.

100% FDI has nothing to do with security: Sibal

Last Updated: Tuesday, July 16, 2013, 18:58

The Ministry of Home Affairs in the past has raised concerns on increasing FDI in telecom sector.

Steps to push reforms, investment soon: Chidambaram

Last Updated: Thursday, June 13, 2013, 10:27

In a bid to accelerate the process of economic reforms and spur investment, government will soon decide on coal and gas pricing and review FDI cap in various sectors including defence, Finance Minister P Chidambaram said on Thursday.

India committed to taking 'hard' decisions on economy: PM

Last Updated: Tuesday, May 28, 2013, 11:33

Singh assured Japanese industry that the long-awaited Goods and Services Tax (GST) regime facing hurdles from states will be in place in an "appropriate type" by 2014.

Govt clears 17 FDI proposals worth Rs 262.56 cr

Last Updated: Tuesday, May 7, 2013, 21:53

The proposals were cleared following recommendations by Foreign Investment Promotion Board.

Double-digit growth without reforms dangerous: Moody's

Last Updated: Thursday, March 7, 2013, 16:34

Moody's has cautioned the government against targeting double-digit GDP expansion saying any growth beyond 7 percent without reforms will fuel inflation that will result in "more painful" future adjustments.

It’s time for a pragmatic Budget

Last Updated: Wednesday, February 13, 2013, 16:39

It’s high time that the government made a balanced budget which is devoid of both populism and unreasonable reforms.

India assures full support to Walmart, Tesco

Last Updated: Friday, January 25, 2013, 00:05

India Thursday assured global retail giants Walmart and Tesco that it will hand hold them for their entry into the just opened multi-brand retailing in the country.