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India Doubles Healthcare Spending, More FDI Allowed In Insurance
India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the pandemic.
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Digital Media, News Agencies Need To Comply With 26% FDI Cap: Centre
News aggregators, news agencies which supply information to digital media firms and companies uploading news and current affairs on websites will have to comply with the 26 per cent foreign investment cap, the government said on Friday.
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74% FDI In Defence Via Automatic Route, With National Security Rider
Foreign firms can directly invest up to 74 per cent in the defence sector, the government said today, raising the Foreign Direct Investment (FDI) cap from 49 per cent through the automatic route. However, foreign investments will be subject to scrutiny on grounds of national security and the government will have the right to review any investment t...
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Foreign Investment Allowed In Digital Media With 26 Per Cent Cap
The Centre today approved 26 per cent overseas investment in digital media as part of a relaxing of Foreign Direct Investment norms across four sectors. The present FDI policy is silent on the fast-growing digital media segment. Currently, 26 per cent Foreign Direct Investment is allowed in the print media with government approval. The correspondin...
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Removing FDI Cap Will Generate Employment, Says Minister Radha Mohan Singh
Union Agriculture Minister Radha Mohan Singh welcomed the government's decision to remove "controlled condition" for 100 per cent Foreign Direct Investment (FDI) in animal husbandry sector and said this will lead to inflow of foreign investments and generate employment.
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'25 Percent Cap on Online Marketplaces to End Monopoly of Few Vendors'
"The condition will give huge opportunities to thousands of small and medium vendors to sell their goods online," an official in the Commerce and Industry Ministry said.
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Government Mulls Raising FDI Cap to 100 Percent for DTH, Cable Networks
Increase in FDI limit will help improve the pace of digitisation of broadcasting services across India.
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Insurance Bill Tabled in Rajya Sabha Amid Sparring on Technicalities
A controversial bill providing for raising the Foreign Direct Investment (FDI) cap in the insurance sector was introduced in Rajya Sabha today but not before a heated debate and adjournments over technicalities as a similar legislation was pending in the House.
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Trinamool to Oppose Bill on FDI in Parliament: Mamata Banerjee
Trinamool Congress chief Mamata Banerjee today said her party would oppose any attempt to pass the Bill in Parliament to raise FDI cap in insurance sector to 49 per cent and will be vocal against the BJP-led government over communal violence.
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Opinion: Jaitley Budget is Astute and Realistic
Disappointments include low FDI cap in defence, writes Ashok Malik.
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Cabinet defers consideration of pharma, housing FDI proposals
The Cabinet today deferred the consideration of proposals to relax foreign direct investment norms in the housing sector and to reduce the FDI cap to 49 per cent in critical areas of the pharma segment.
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Home Ministry opposes any hike of FDI cap in media
The Home Ministry has strongly opposed any move to increase the FDI cap in the broadcasting and print media, saying allowing more foreign investment in the sensitive sectors may compromise country's security.
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BJP hits out at government's FDI push
In a press conference this afternoon, BJP's Ravi Shankar Prasad hit out at the government over the recent increase in cap on FDI.
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AK Antony prevails, FDI cap in defence remains 26 per cent
With the cap in Foreign Direct Investment (FDI) in defence remaining at 26 per cent and proposals beyond that to be considered by the Cabinet Committee on Security (CCS) on a case-to-case basis, senior Congress leader and Defence Minister AK Antony has succeeded in prevailing over the Commerce Ministry.
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FDI: Government relaxes rules for key sectors
The government today relaxed Foreign Direct Investment or FDI guidelines for a range of industries including telecom, single brand retail and oil and gas in a bid to lure capital inflows, prop up the sliding rupee and rev up growth.
-
India Doubles Healthcare Spending, More FDI Allowed In Insurance
India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the pandemic.
-
Digital Media, News Agencies Need To Comply With 26% FDI Cap: Centre
News aggregators, news agencies which supply information to digital media firms and companies uploading news and current affairs on websites will have to comply with the 26 per cent foreign investment cap, the government said on Friday.
-
74% FDI In Defence Via Automatic Route, With National Security Rider
Foreign firms can directly invest up to 74 per cent in the defence sector, the government said today, raising the Foreign Direct Investment (FDI) cap from 49 per cent through the automatic route. However, foreign investments will be subject to scrutiny on grounds of national security and the government will have the right to review any investment t...
-
Foreign Investment Allowed In Digital Media With 26 Per Cent Cap
The Centre today approved 26 per cent overseas investment in digital media as part of a relaxing of Foreign Direct Investment norms across four sectors. The present FDI policy is silent on the fast-growing digital media segment. Currently, 26 per cent Foreign Direct Investment is allowed in the print media with government approval. The correspondin...
-
Removing FDI Cap Will Generate Employment, Says Minister Radha Mohan Singh
Union Agriculture Minister Radha Mohan Singh welcomed the government's decision to remove "controlled condition" for 100 per cent Foreign Direct Investment (FDI) in animal husbandry sector and said this will lead to inflow of foreign investments and generate employment.
-
'25 Percent Cap on Online Marketplaces to End Monopoly of Few Vendors'
"The condition will give huge opportunities to thousands of small and medium vendors to sell their goods online," an official in the Commerce and Industry Ministry said.
-
Government Mulls Raising FDI Cap to 100 Percent for DTH, Cable Networks
Increase in FDI limit will help improve the pace of digitisation of broadcasting services across India.
-
Insurance Bill Tabled in Rajya Sabha Amid Sparring on Technicalities
A controversial bill providing for raising the Foreign Direct Investment (FDI) cap in the insurance sector was introduced in Rajya Sabha today but not before a heated debate and adjournments over technicalities as a similar legislation was pending in the House.
-
Trinamool to Oppose Bill on FDI in Parliament: Mamata Banerjee
Trinamool Congress chief Mamata Banerjee today said her party would oppose any attempt to pass the Bill in Parliament to raise FDI cap in insurance sector to 49 per cent and will be vocal against the BJP-led government over communal violence.
-
Opinion: Jaitley Budget is Astute and Realistic
Disappointments include low FDI cap in defence, writes Ashok Malik.
-
Cabinet defers consideration of pharma, housing FDI proposals
The Cabinet today deferred the consideration of proposals to relax foreign direct investment norms in the housing sector and to reduce the FDI cap to 49 per cent in critical areas of the pharma segment.
-
Home Ministry opposes any hike of FDI cap in media
The Home Ministry has strongly opposed any move to increase the FDI cap in the broadcasting and print media, saying allowing more foreign investment in the sensitive sectors may compromise country's security.
-
BJP hits out at government's FDI push
In a press conference this afternoon, BJP's Ravi Shankar Prasad hit out at the government over the recent increase in cap on FDI.
-
AK Antony prevails, FDI cap in defence remains 26 per cent
With the cap in Foreign Direct Investment (FDI) in defence remaining at 26 per cent and proposals beyond that to be considered by the Cabinet Committee on Security (CCS) on a case-to-case basis, senior Congress leader and Defence Minister AK Antony has succeeded in prevailing over the Commerce Ministry.
-
FDI: Government relaxes rules for key sectors
The government today relaxed Foreign Direct Investment or FDI guidelines for a range of industries including telecom, single brand retail and oil and gas in a bid to lure capital inflows, prop up the sliding rupee and rev up growth.
