FDI limits for defence, railways to be hiked; e-commerce to wait

o bring more foreign direct investment ( FDI) in the country, Department of industrial policy & promotion (DIPP) is likely to circulate Cabinet note by the next month proposing liberalised rules for FDI in defence, railways and construction. The ...

While new proposals will continue to be on the approval route, foreign institutional investments (FIIs), which so far were not permitted, will be allowed.

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.

NEW DELHI: India is all set to raise the foreign direct investment (FDI) limit in the insurance sector to 49% with prior government approval while it will still be automatic for anything up to 26%, as the government seeks to put in place the ...

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 ...

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 ...

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 ...

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 ...