But completion occupancy certificates to be mandatory.
In an interview with Nayanima Basu, the DG lauds the efforts of Indian negotiators in bringing the deal on the table.
Approval comes 6 months after Swedish clothing giant applied for India entry; FIPB now to consider on Oct 18.
The compulsions of domestic politics notwithstanding, India and Bangladesh script a new story in bilateral relations, say Nayanima Basu and Aditi Phadnis
Exports had risen over 11 per cent in July, year-on-year.
Govt mulls raising duty on non-essential goods with annual import bill exceeding $1 billion
Many economists say only a substantial rise from October would point to a real recovery.
The stock and foreign exchange markets have had a negative reaction to the government's biggest social security programme, the National Food Security Bill. Food minister K V Thomas questions the rationale behind such a response
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The rupee has fallen almost 20 per cent in the first four months of FY14, forcing the government to consider raising import duties on gold and non-essential luxury items.
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Depreciating rupee a silver lining for some businesses amid the economic downturn.
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Diplomatic channels activated to keep India eligible for soft loans from World Bank affiliate, though rules show it's probably time we made way for the needier others.
For the first time in the last eight years, India would not have any representative for the post of deputy director general.
The MFN (Most Favoured Nation, meaning non-discriminatory treatment for each other) issue is of prime importance to India, as it wants to have greater access in the Pakistani markets.
Officials asked what the point was in going through banks when the government has to give guarantees.
Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
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The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.
FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.
Currently, India imposes 30-45 per cent duty on textile products from Pakistan.
In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.
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