Foreign Direct Investment In Aviation

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  Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman

  Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...

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  Home Ministry Gave Security Clearance To 6,200 Proposals, FDI In 2 Years

  The Home Ministry has given security clearance to more than 6,200 proposals, including 134 foreign direct investment plans, in the past two years in critical sectors such as defence, civil aviation and telecom, the government told the Lok Sabha Tuesday.

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  FDI Okayed For Air India, Congress Says Government Doesn't Care

  The Narendra Modi government today opened the doors for foreign investment in Air India -- a move that is expected to expedite the divestment process of the debt-ridden national carrier. Under the plan cleared by the cabinet this morning, foreign airlines will be able to make up to 49 per cent direct investment in Air India, leaving the control of ...

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  Dassault To Invest 100 Million Euros In Indian Venture With Reliance

  French major Dassault Aviation will invest over 100 million euros in a joint venture with Reliance Aerospace to manufacture aircraft components as part of the 'offset obligation' connected to the purchase of 36 Rafale fighter jets from France.

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  India Now Most Open Economy In World For FDI, Says PM Modi

  Prime Minister Narendra Modi said sweeping liberalisation of rules on foreign direct investment announced on Monday would make Asia's third-largest economy the most open in the world.

• PM Manmohan Singh hints at more liberalisation of FDI regime

  Expressing commitment to continue with reforms, Prime Minister Manmohan Singh today indicated government will further liberalise Foreign Direct Investment or FDI regime in the coming months and push the land reforms measures.

• Cabinet reshuffle on cards; change of guard likely in Maharashtra, Andhra Pradesh: Sources

  After announcing big reforms on Friday and allowing foreign direct investment or FDI in multi-brand retail and aviation, the government is now gearing up for a cabinet reshuffle next week, sources have told NDTV. And there are indications that this reshuffle could lead to a change of guard in Maharashtra and Andhra Pradesh.

• Govt allows FDI in multi-brand retail, aviation: Top 10 developments

  The UPA government has begun to shed its policy paralysis, introducing the boldest reforms yet in its second term today by allowing foreign super-market chains to enter India and foreign airlines to invest in Indian carriers. Industry is cheering; ally Mamata Banerjee has threatened once again to withdraw support.

• Mamata Banerjee sets 72-hour deadline to withdraw decision on FDI, diesel price hike

  The Trinamool Congress has given the government 72 hours to withdraw its decision to allow Foreign Direct Investment in multi-brand retail and aviation, the hike in diesel prices and the restrictions on subsidised cooking gas or face the "consequences".

• Anand Sharma, Ambika Soni on FDI in multi-brand retail, aviation: Highlights

  Commerce Minister Anand Sharma and Information Broadcasting Minister Ambika Sonio address the media after the Centre today announced Foreign Direct Investment in multi-brand retail and aviation.

• Foreign Direct Investment in multi-brand retail, aviation: Who said what

  The Manmohan Singh government followed up Thursday's politically tough decision on fuel with another reform-oriented policy move - to allow foreign direct investment in multi-brand retail and the aviation sector.

• FDI in aviation: 10 big facts

  After huge political opposition to its decision to raise diesel prices by 12% or Rs 5, the government will today discuss how to relax the guidelines for Foreign Direct Investment or FDI in aviation

• Cabinet to discuss FDI in aviation; will it pass the Trinamool test?

  The Manmohan Singh government is set to follow up Thursday's politically tough decision on fuel with another reform-oriented policy move - it proposes to allow foreign airlines to invest in the aviation sector to bring in more foreign direct investment or FDI. This time the government also hopes to get past its main hurdle, ally Trinamool Congress.

• Cabinet to consider FDI in aviation, broadcast sectors today

  Notwithstanding resistance by allies, the Congress-led UPA government is determined to push economic reforms with the Cabinet set to take up proposals today for allowing Foreign Direct Investment in aviation and trading exchanges besides raising its cap to 74 per cent in various segments of broadcast sector.

• Mamata Banerjee opposes foreign direct investment (FDI) in retail, other sectors

  The Trinamool Congress today strongly opposed allowing FDI in key sectors like retail, insurance and aviation arguing that it would be harmful for the people of the country.