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
India Inc should invest at home, not abroad, says FM
Mumbai: Finance minister P. Chidambaram came down heavily on many large investors investing abroad as they feel it is less risky than investing in India.
“This is a short-sighted view, as the advanta
Kerala's major projects jinxed
“I do not have the courage to bring new projects to Kerala”, was how Defence Minister A.K. Antony on Wednesday described the present industrial climate in Kerala. He made this scathing attack against
Walmart denies breaking India investment rules
US retail giant Walmart on Friday denied accusations it broke rules banning foreign investment in Indian supermarkets while the government said no formal inquiry had been ordered.
Any investments wer
India moves to dismantle stifling infrastructure controls
India looks set to begin dismantling a complex web of regulatory requirements that throttle its infrastructure growth, with plans to set up a special body this week to speed up projects in a sector se
Govt. committed to a well-regulated financial market: Chidambaram
Finance Minister P. Chidambaram on Saturday said the UPA government is committed to a well-regulated financial market and help entrepreneurs to raise capital to achieve higher growth.
Chidambaram, wh
FII inflows expected to be stronger in H2 FY 13 at USD 11.2 billion
FII inflows are expected to get stronger in the second half of this fiscal (2012-13) at USD 11.2 billion on account of leading FIIs started looking at India as a good long-term investment destination,
PM meets President amid speculation on Cabinet reshuffle
Amid intense speculation of a Cabinet reshuffle, Prime Minister Manmohan Singh on Saturday met President Pranab Mukherjee during which the two discussed the political situation in the country.
Chidambaram promises more steps to boost investor sentiment
The government will take more steps to push reforms, boost investor sentiment and provide stable tax laws, Finance Minister P. Chidambaram said on Saturday, while expressing satisfaction over the p
PM for building climate that attract investments
Prime Minister Manmohan Singh on Saturday favoured building a climate that attracts investments and establish fair and effective regulatory institutions and legal processes.