FDI norms for banks eased: DIPP

As per the Department of Industrial Policy and Promotion (DIPP), any kind of corporate debt restructuring or loan restructuring mechanism will not be considered as Foreign Direct Investment (FDI) in those banks which have foreign entities as majority shareholders. Earlier, ..

Month: Current Affairs - August, 2012

Tamil Nadu draws FDI faster, states study

As per a latest study, Tamil Nadu has left behind states like Gujarat and Andhra Pradesh in attracting Foreign Direct Investment (FDI). The state has attracted investments of around Rs 6,711 crore in 2011-12, which is 66 % higher than ..

Month: Current Affairs - July, 2012

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. ..

Month: Current Affairs - June, 2012

Current Affairs: July 20, 2011

31 FDI proposals approved by the Government Government approved 31 foreign direct investment (FDI) proposals worth Rs. 3,844.70 Crore A total of 55 FDI proposals were taken up by the Foreign Investment Promotion Board (FIPB) Guidelines for Infrastructure Debt Fund ..

Month: Current Affairs - July, 2011

Current Affairs : Business and Economy November 19-24, 2009

November 19, 2009 : Some latest data on Agricultural Credit The target agricultural credit to be disbursed among the farmers across the country during the current fiscal year 2009-10 was approximately Rs. 3.25 Lakh Crore. Out of this amount Rs ..

Month: Current Affairs - December, 2009

Category: Government Schemes Current Affairs