The Budget proposal to raise Foreign Direct Investment (FDI) cap in the insurance sector to 49 per cent is a positive step and will increase the capital inflow, say industry experts. "Its a very positive announcement and we have been expecting it for a long ... The Financial Chronicle, 2 months ago
Finance Minister Arun Jaitley presented the Union Budget in Parliament on Thursday. We present here some reactions:Marginal reduction in excise duties in the food processing sector is welcome: Sanjay Kaul, MD & CEO, NCML The expectation that there would be a special thrust to the agriculture and food sectors in the Budget has been belied. There has also been no policy shift to signal greater engagement of the private sector and attract investment in this vital sector. It is also surprising ...Rediff.com, 2 months ago
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