India raises foreign investment limit to 49%

New Delhi, July 25: The Congress today opposed foreign direct investment in defence but grudgingly indicated support to 49 per cent FDI in insurance, recalling how the BJP had stalled its reforms agenda and dubbed it anti-national for proposing such measures.

Consultations among ministries on easing foreign direct investment norms in defence and railways are in the final stages and a cabinet note will be moved soon. The cabinet notes for railways and defence are under the final consultative process. Once we get ...

Modi faces the challenge of attracting more investment to build up India's local defence industry as its state-run companies fail to produce weapons needed in border conflicts with China and Pakistan. Photo: Hindustan Times New Delhi: Indian Prime ...

BANGALORE: After increasing caps on various sectors in Foreign Direct Investment (FDI) including defence sectors, the government is likely to take a decision this week on whether they will further the same policy to cash stricken Railways sector. ...

Increased Foriegn Direct Investment (FDI) in the defence sector and a liberalised industrial licensing regime would help to accelerate the indigenisation of the military sector, Secretary (Defence Production) GC Pati said in New Delhi on Wednesday. "Policy ...

RJD chief Lalu Prasad on Monday said the Narendra Modi government "is playing the PPP flute" to invite foreign investors in defence and railways to "earn and go away". "Now they are playing the PPP (public private partnership) flute to bring FDI in railways ...

Union Finance Minister Arun Jaitley in his Budget speech has said that his government was raising the Foreign Direct Investment (FDI) cap in Defence from 26 per cent to 49 per cent. (He is also the Defence Minister.) Worrying as this piece of (...) - 2014 ...

As the government has raised the Foreign Direct Investment slab in various areas like Defence and Insurance, Mamata targeted the NDA government calling it a government "of the FDI, by the FDI and for the FDI". "Only one positive sign of the new government is ...

Top industry body, CII welcomes and fully endorses the government of India's move to raise the bar on Foreign Direct Investment (FDI) in the defence sector as reflected in President of India's address to the Parliament said Ajay Shriram, president, CII in a ...