Fdi In Developing Economies

Asian Development Bank on Wednesday said the Indian economy is projected to grow by 7.5 per cent in the current financial year

India eased rules for foreign investment in the country's aviation sector on Monday in a bid to boost air travel and develop new airports in Asia's third-largest economy.

Brexit is a "tail risk" for India which is the third largest investor into the UK in terms of number of projects, Development Bank of Singapore (DBS) has said as Britain gears up for the crucial referendum next month.

The government is considering a proposal to make it mandatory for foreign players entering the food processing sector to invest part of their FDI in developing back-end agriculture infrastructure.

Foreign Direct Investment flows into India nearly doubled in 2015 while the US emerged as the top host country for FDI last year, the UN's trade agency has said.

The Department of Industrial Policy and Promotion on Tuesday notified the recent liberalisation of FDI policy in several sectors including defence, retail and construction development sector.

Prime Minister Narendra Modi on Tuesday said the decision to ease foreign direct investment (FDI) norms in 15 sectors demonstrates the government's "unequivocal and unwavering" commitment to development and reforms whose fruits should touch "every citizen" and "every part" of India.

Railways has opened for 100 per cent FDI more than a dozen areas including station development, installation of bio-toilets, setting up of laundries and cleaning of trains and stations.

While acknowledging that barriers to FDI have been reduced by India in various sectors, the Paris-based think tank said that more needs to be done for efficient allocation of capital.

"A lot of that came from the US. There are significant returns as India grows and develops and as we build trillion dollar infrastructure," he said.

Rating agency Fitch said on Tuesday that easing of foreign direct investment (FDI) rules in the realty sector would improve the liquidity situation of developers and boost supply but could also result in increased price competition among them.

After recently liberalizing foreign direct investment (FDI) norms for the construction development sector, the government is expected to soon come out with some clarifications on the rules of the policy.

The government on Wednesday relaxed rules for foreign direct investment (FDI) in construction development, aiming to make it easier for overseas capital to invest in building in Asia's third-largest economy.

The Defence Ministry has suggested raising the cap on FDI in defence to 49 per cent from the current 26 per cent to help in developing partnerships between Indian and foreign military hardware manufacturing firms.

Narendra Modi, the frontrunner for prime minister, today promised good governance and inclusive development as his BJP released its much-delayed manifesto on the first day of polling for the nine-phase general election.

Asian Development Bank on Wednesday said the Indian economy is projected to grow by 7.5 per cent in the current financial year

India eased rules for foreign investment in the country's aviation sector on Monday in a bid to boost air travel and develop new airports in Asia's third-largest economy.

Brexit is a "tail risk" for India which is the third largest investor into the UK in terms of number of projects, Development Bank of Singapore (DBS) has said as Britain gears up for the crucial referendum next month.

The government is considering a proposal to make it mandatory for foreign players entering the food processing sector to invest part of their FDI in developing back-end agriculture infrastructure.

Foreign Direct Investment flows into India nearly doubled in 2015 while the US emerged as the top host country for FDI last year, the UN's trade agency has said.

The Department of Industrial Policy and Promotion on Tuesday notified the recent liberalisation of FDI policy in several sectors including defence, retail and construction development sector.

Prime Minister Narendra Modi on Tuesday said the decision to ease foreign direct investment (FDI) norms in 15 sectors demonstrates the government's "unequivocal and unwavering" commitment to development and reforms whose fruits should touch "every citizen" and "every part" of India.

Railways has opened for 100 per cent FDI more than a dozen areas including station development, installation of bio-toilets, setting up of laundries and cleaning of trains and stations.

While acknowledging that barriers to FDI have been reduced by India in various sectors, the Paris-based think tank said that more needs to be done for efficient allocation of capital.

"A lot of that came from the US. There are significant returns as India grows and develops and as we build trillion dollar infrastructure," he said.

Rating agency Fitch said on Tuesday that easing of foreign direct investment (FDI) rules in the realty sector would improve the liquidity situation of developers and boost supply but could also result in increased price competition among them.

After recently liberalizing foreign direct investment (FDI) norms for the construction development sector, the government is expected to soon come out with some clarifications on the rules of the policy.

The government on Wednesday relaxed rules for foreign direct investment (FDI) in construction development, aiming to make it easier for overseas capital to invest in building in Asia's third-largest economy.

The Defence Ministry has suggested raising the cap on FDI in defence to 49 per cent from the current 26 per cent to help in developing partnerships between Indian and foreign military hardware manufacturing firms.

Narendra Modi, the frontrunner for prime minister, today promised good governance and inclusive development as his BJP released its much-delayed manifesto on the first day of polling for the nine-phase general election.