Page-2 of Foreign direct investment in India Current Affairs, GK & News

India opens door for FDI from Pakistan

India allowed foreign direct investment (FDI) from Pakistan. But it will be only through government route and not through the automatic route. Earlier, no individual residing in Pakistan or a company based there was permitted to invest as FDI in India. Except a few sectors- Defense, Space and Atomic energy, Govt has allowed all kinds ..

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Government approves 14 FDI Proposals worth Rs 1584.11 crore

Based on the recommendation of the Foreign Investment Promotion Board, the government approved 14 FDI proposals worth Rs 1584.11 crore. The FDI proposals which obtained government sanction included Rs 225 Crore investment in the Indian operations of Asian equity research firm CLSA.

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IKEA plans invest Rs 10,500 crore to set up 25 stores in India

Swedish IKEA, the world’s largest furniture manufacturer, has plans to invest about Rs 10,500 crore to establish 25 stores in single-brand retail in India. This will be the biggest investment in the single-brand retailing since the government allowed FDI in the sector. The government declared that 100 % FDI in single-brand retail is enabling global ..

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Govt to open Nuclear Energy Sector for FDI

Government will open nuclear energy sector to foreign direct investment (FDI). India expects to attract foreign investment of over $100 billion in nuclear energy in the next 20 years. One-fourth of the above investment is expected to come from France. French nuclear energy companies like Areva and Alstom are in an active manner pursuing business ..

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Current Affairs : January 1, 2012

Welcome 2012 New Year 2012 is welcomed by people world over with great fanfare. 2012 is a leap year that starts on Sunday. The United Nations General Assembly designated 2012 as the International Year of Cooperatives, highlighting the contribution of cooperatives to socio-economic development, in particular recognizing their impact on poverty reduction, employment generation and ..

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Archive : Business & Economy Current Affairs

December 29, 2009: India Sri Lanka Power LinkDecember 24, 2009: Number of Telephone UsersDecember 22, 2009: India cracks human genome, joins elite clubDecember 17, 2009: World’s first hybrid two-wheelers LaunchedDecember 17, 2009: Rupee SymbolDecember 17, 2009: Biggest wealth creator in 2009 : RelianceDecember 17, 2009 : Incenstives for Windpower producers under GBI schemeDecember 16, 2009: ..

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