India’s Kalyani Group has announced a joint venture (JV) with Rafael Advanced Defence System of Israel. This joint venture company will be based in India. It was announced...
The Union Cabinet cleared a proposal to enhance the Foreign Direct Investment (FDI) limit in defence sector to 49% from the current 26%. The step is aimed at...
The Union Cabinet approved the proposal of increasing the Foreign Direct Investment (FDI) limit in the insurance sector to 49% from the existing 26%. The move is in...
The Government of India has accepted the report of Mayaram Committee thereby accepting the definitions of FII and FDI. The panel headed by Finance Secretary was set up...
The Union Government has allowed 26% foreign investment in insurance sector in activities related to insurance viz. broking, Third Party Administrators (TPAs) and surveyors and permitted Foreign Institutional...
The Aam Aadmi Party-led government has withdrawn the Foreign Direct Investment (FDI) in multi-brand retail in Delhi. The government formally wrote to the Department of Industrial Policy and...
The Cabinet Committee on Economic Affairs (CCEA) has given nod to the proposal of Axis Bank for hiking foreign investment from 49% to 62% entailing an inflow of...
Government of India set up a four member committee headed by Arvind Mayaram, Economic Affairs Secretary to clear the ambiguity between Foreign Direct Investment (FDI) and Foreign Institutional...
As per the Reserve Bank of India (RBI), India’s Current Account Deficit (CAD) for the first quarter ended June 2013 has widened to 4.9% of Gross Domestic Product...
The Reserve Bank of India notified the definition of term ‘control’ in the context of Foreign Direct Investment (FDI) and revised the list of states where FDI is allowed in multi-brand...
