Foreign direct investment limit in private banks may be raised to at least 74 per cent and a clear guideline is expected by December end, a senior finance ministry official said in New Delhi on Friday.
FIPB has deferred 18 proposals.
The economic think-tank in its earlier projection had suggested that the Indian economy was likely to grow at 5.7 per cent in 2014-15.
Whatever the critics may say, the numbers suggest that India continues to be a favourite destination for foreign investors.
It came down from $1.94 billion in 2009-10 to $1.17 billion the next year and to $1.11 billion in 2011-12.
The rupee has depreciated 2.35 per cent in the past three months and one per cent in the past month, despite strong capital flows and falling oil prices.
The local currency had lost 119 paise in the past five sessions on rising worries over current account gap and fears that withdrawal of US stimulus will hit inflows from overseas.
India needs $800 billion (Rs 50 lakh crore) annually if the economy is to grow at 7 per cent, Financial Services Secretary Hasmukh Adia said.
IT sector's trading multiples hit post-Lehman lows, providing good entry points.
One of the finest minds on foreign exchange management, monetary and fiscal policies, on debt and currency markets, on bank management and governance, and indeed on almost every aspect of modern finance and banking passes into the ages.
Technology infrastructure solves many problems, but it cannot build roads or bridges and provide clean water. However, such activities are essential for human progress, and their creation provides jobs, says R Gopalakrishnan.
Equity markets in Pakistan and Bangladesh are tiny compared to the market capitalisation of the Indian equity market.
Also the companies should be self-sufficient in product designing and have maintenance and life cycle support facilities.
Chances of a sudden collapse in the Shanghai Composite are remote.
Economic recovery is well under way in some advanced economies.
Through the past 12 months, the Bank Nifty has risen 55%
FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.
The watershed 2014 Indian election has thrown a decisive mandate after 30 years of coalition-based governments.
With commodity markets remaining soft and uncertain, it is likely the money will flow into equity markets with strong upsides, such as India.
FIIs have offloaded stocks worth Rs 13,110 crore
The new Insurance Bill may take little time to see light of teh day.
Though inflation, on the basis of the wholesale price index, is nowhere near the 1990-91 level of 10.26 per cent and India is in a much better position to check it, the greater integration of our economy with the globe has exposed it to a much higher risk of imported inflation.
Non-Performing Assets are a wake-up call for public sector banks.
Chidambaram promises to maintain fiscal discipline; admits inflation is an issue.
What China's market crash means for India
Just three years ago, at the end of March 2011, NRI deposits were only $52 billion, half of what they are today.
Financial assets make a comeback as returns on physical assets falter.
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
Market experts poohpooh fears of capital flight from India.
The government now ends its mandate with reaffirmation in the vote-on-account of the same goals, for which it claims to have a clear line of sight.
Congress insists on sending legislation to select committee, says will support it in winter session.
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