Current Affairs

GK MCQs Section

Page-11 of FDI

SEBI tightens buyback rules

SEBI has released new buyback norms and a number of other market friendly measures. Under the new rules: It is mandatory for companies selling shares to purchase at...

June 27, 2013

SEBI relaxes foreign investment norms; a new category Foreign Portfolio Investors (FPIs) approved

In a bid to attract a larger number of foreign investors to Indian capital markets, SEBI approved a slew of changes. Among the major changes are simplification of registration and...

June 27, 2013

DIPP clarifies: MBRT doesn’t allow trading through franchise route

The Department of Industrial Policy and Promotion has clarified the queries on FDI policy for Multi-Brand Retail Trading (MBRT) from global retailers. The clarification is as follows: Foreign...

June 8, 2013

Government clears 14 FDI proposals worth over Rs 1,300 cr

Agreeing to the recommendations of Foreign Investment Promotion Board (FIPB), the government gave nod to 14 FDI proposals worth about Rs 1,311 crore. Among companies which are approved...

January 14, 2013

Govt mulls over making gold imports pricey to control CAD

Finance Minister P. Chidambaram has hinted that import of gold may be made costlier to discourage the demand of the metal in order to contain widening Current Account...

January 6, 2013

Govt approves FDI proposals worth Rs.802 cr

Agreeing to the recommendations of FIPB [Foreign Investment Promotion Board], the Central Government cleared 12 FDI proposals which will make total inflow of over Rs.802 crore. Major Proposals...

December 30, 2012

FDI ceiling in ARCs increased to 74%

With an aim to attract greater foreign expertise in the domain of asset reconstruction, the government has raised the foreign investment ceiling in Asset Reconstruction Companies (ARCs) to...

December 28, 2012

FDI in retail passed in the Rajya Sabha also

The UPA government secured a second victory as FDI in retail was passed in the Rajya Sabha. It had already won vote in Lok Sabha. As seen by...

December 11, 2012

Apex court refuses to interfere with policy on FDI in retail

Asserting that Policy making is exclusive right of the executive, the Supreme Court refused to interfere with the policy on FDI in retail. The Centre informed the court...

November 6, 2012

DoT rejects proposal of Parekh panel

The Department of Telecommunications (DoT) rejected the proposal of the Parekh committee on the financing of infrastructure to increase the ceiling on FDI in this sector from current...

October 7, 2012

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