RBI notifies new FDI policy for defence, railways infra

Last Updated: Monday, December 8, 2014, 22:16

The Reserve Bank Monday notified the government's decision to increase foreign investment ceiling in defence sector and permitting 100 percent FDI in railways infrastructure.

India's decision on FDI a positive step: US defense industry

Last Updated: Thursday, July 18, 2013, 15:04

India's decision to increase FDI in defence is seen as a long-awaited positive move in the US, but major American defense industry players noted that there is unlikely to be a rush towards the country unless New Delhi is ready with fairly applied regulations.

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.

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 panel for hiking FDI limits in retail, telecom

Last Updated: Tuesday, June 18, 2013, 21:34

A government panel Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.

Govt considering hiking FDI cap in defence sector: Rajan

Last Updated: Tuesday, June 4, 2013, 19:15

Amid concerns over rising Current Account Deficit (CAD), the Finance Ministry Tuesday said the government is examining the scope for raising foreign direct investment (FDI) cap in various sectors including defence.

Govt not considering amending FDI policy in defence sector

Last Updated: Monday, April 22, 2013, 18:07

Commerce and Industry Minister Anand Sharma Monday informed Parliament that the government is not considering any proposal to amend FDI policy in defence, warehousing and food storage sectors.

Sharma favours raising FDI cap in defence, insurance sectors

Last Updated: Thursday, April 18, 2013, 18:09

Commerce and Industry Minister Anand Sharma Thursday "strongly" favoured raising foreign direct investment (FDI) ceiling in the defence sector so as to boost manufacturing locally.

India mulling raising FDI limit in defence to 49%

Last Updated: Wednesday, April 3, 2013, 17:20

Commerce and Industry Minister Anand Sharma said Wednesday the government is considering raising the foreign direct investment limit in defence sector at least to 49 percent from the existing 26 percent.

Raise FDI limit in defence to attract investment: US to India

Last Updated: Monday, July 23, 2012, 22:19

Seeking closer military ties with India in high technology areas by "knocking down bureaucratic barriers", the US on Monday said that New Delhi should raise the FDI limit in defence sector for attracting more American investment.