Industrial Policy And Promotion

• FDI in India's Services Sector Drops 54 Per Cent During April-February

  India's services sector received foreign direct investment (FDI) of $2.18 billion during April-February period of financial year 2013-14, down 54 per cent compared with figures of the corresponding period a year ago.

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  Investment Board to Take Up HDFC Bank Proposal on May 13: Report

  HDFC Bank's proposal to hike foreign holding is likely to be taken up by the Foreign Investment Promotion Board (FIPB) at its meeting on May 13, according to a government official.

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  FDI In Services Sector Jumps To $5.28 Billion During April-September

  The services sector contributes over 60 per cent to India's GDP. In 2015-16, foreign investment in services had increased to $6.89 billion from $4.44 billion in 2014-15.

• Government to Come Out With Intellectual Property Rights Policy: Commerce Minister

  Amidst developed nations like the US raising issues over India's intellectual property rights regime, the government has said it will come out with a policy framework within a few months to make IPR more robust.

• Telecom Commission Likely to Meet in Mid-October

  The Telecom Commission is likely to discuss in the middle of next month key pending issues like spectrum auction, full mobile number portability (MNP) and spectrum sharing and trading rules.

• Government Clears 33 Long-Pending Defence Projects

  The government has cleared 33 pending defence projects including those of Reliance Aerospace, Bharat Forge, Mahindra Telephonic Integrated Systems and Tata Advanced Materials, a move that is expected to boost advanced manufacturing and attract huge investments.

• Government Eyes Steps to Improve Business Climate

  The government is considering a series of steps, including drastically reducing the time for registration of business to one day, single registration of all labour laws and a cut in number of taxes to improve ease of doing business in India.

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  Government Aims at 50th Position in Ease of Doing Business Ranking: Report

  The government is aiming to improve India's ranking in the ease of doing business index to 50th position in the next two years from 134th at present.

• Home Ministry Red Flags FDI in Sensitive Areas of Indian Railways: Report

  The Home Ministry has raised objections in allowing foreign direct investment (FDI) in highly-sensitive areas of the Railways sector, saying such a move may compromise security of the country's largest transportation network.

• FDI Jumps to 8-month High of $3.6 billion in May

  In May 2013, the country had received FDI worth $1.63 billion. During April-May this fiscal, the foreign inflows grew by 34 per cent to $5.30 billion as compared to $3.95 billion in the same period last year, according to the data of Department of Industrial Policy and Promotion.

• Cabinet Likely to Take Decision on FDI in Railways This Week: Report

  The Union Cabinet is expected to take a decision on relaxing foreign direct investment (FDI) norms in the cash-starved railways sector this week, according to sources.

• Government Planning Media Blitz to Hard Sell India for FDI

  The Department of Industrial Policy and Promotion said it intends to undertake on-line international Promotion and Media Campaign across all mediums (website, electronic, social media) throughout the world to brand India as an investment destination.

• FDI in Telecom Jumps Manifold to $1.5 Billion in April-May

  After registering a huge decline in the recent past, foreign direct investment (FDI) in the telecom sector grew manifold to $1.5 billion in the first two-months of fiscal year 2014-15.

• Exporters Body for Free Trade Agreement With China

  The Federation of India Export Organisations (FIEO) pitched for a free trade agreement (FTA) with China on Thursday, saying it would help in boosting India's exports.

• Government Notifies Increase in FDI Cap to 49 Per Cent in Defence Sector

  The government on Tuesday notified the increase in foreign direct investment (FDI) limit to 49 per cent in the defence sector through approval route.