Mayaram panel bats for FDI hike in defence, telecom, retail, p...

Arvind MayaramA government panel today 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. "We have ...

The Indian government is in the last stage of reviewing caps on foreign direct investment in all sectors including defence and will decide on easing or removal of these caps soon, finance minister P. Chidambaram said

The government is readying a slew of measures, which includes allowing upto 100% foreign direct investment (FDI) in the telecommunication sector and opening the defence production sector to 49% FDI, from the current limit of 26%. Gaurav Choudhury reports.

Currently, foreign direct investment (FDI) up to 26 percent is permitted in the defence sector. "The intent is to expand the cap wherever possible, including defence " The proposal for defence is being examined,? Chief Economic Advisor to the ...

With an effort to attract more foreign capital, the Government intends to raise the foreign investment limit in various sectors including defence. "The intent is to expand the cap wherever possible," Chief Economic Advisor Raghuram Rajan told ...

The chorus for increasing the foreign direct investment limit in the defence sector is growing louder by the day. The parliamentary standing committee on defence has also now urged the government to raise the limit to mitigate the "steadily expanding ...

Commerce and Industry Minister Anand Sharma today pitched for raising foreign direct investment ceiling to at least 49 percent from the current 26 percent to make India a major defence equipment manufacturer.

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.I am in favour of raising FDI limit in the defence ...

India is planning to eliminate the cap on foreign-direct investment (FDI) in telecommunications and raise the limit in defence to lure funds and boost the rupee, reports Bloomberg citing two Finance Ministry officials with direct knowledge of the ...