India needs to do more to attract large FDI: US leaders
There is more concern among US businesses now about investing in India than was a few years ago though New Delhi was pursuing reforms, senior American leaders have said.
Antony opposes proposal for hiking FDI in defence to 49 per cent
New Delhi: Defence Minister A.K. Antony has shot down Commerce Ministry's proposal to raise FDI in defence from 26 per cent to 49 per cent, saying it will be a ‘retrograde’ step and ‘stymie’ the grow
Telecom Commission approves 100% FDI in telecom sector
Inter-ministerial body Telecom Commission today approved hiking foreign direct investment limit in the sector from 74 per cent to 100 per cent.
FDI plans gather pace
New Delhi: Moving forward on the proposal to raise the FDI cap across sectors, the Department of Industrial Policy and Promotion (DIPP) on Monday held meetings with various ministries on the issue.
A
No need for panic on Rupeee dip, RBI will take necessary action: Chidambaram
New Delhi: Expressing unhappiness over decline in the value of Rupee, Finance Minister P. Chidambaram on Friday said there was no need for panic and the Reserve Bank will take action when necessary.
Finance Ministry proposes sweeping changes in FDI regime
New Delhi: Seeking to promote India as an investment destination, the Finance Ministry on Tuesday proposed sweeping changes in the FDI regime, favouring higher sectoral caps in almost all sectors inc
Sebi board to take up Chandrasekhar panel report on Jun 25: FM
New Delhi: Terming suggestions of a panel on simplifying foreign investment norms as positive, Finance Minister P. Chidambaram on Thursday said market regulator Sebi will take decision on the report
Walmart continues lobbying in US for India entry
Amid a probe being initiated into Walmart’s US lobbying with regard to its India entry, the global retail giant has continued to lobby with the American lawmakers on this issue, as also others, and spent a total amount of USD 6.13 million on the same during 2012.
BSP stand on FDI smacks of deal with Cong: BJP
The BJP today alleged that the manner in which the BSP changed its stand on the FDI in retail issue within “one day” by announcing that it will vote with the government in the Rajya Sabha smacks of a deal between the party and the ruling Congress.
Govt confident of numbers in RS, SP not to back UPA
Bouyed by its win in Lok Sabha on FDI issue, the government today said it is confident of a victory in Rajya Sabha as well though the numbers are close even as SP made it clear it will not support UPA during voting on the issue in the Upper House.