The Department of Telecom on Monday said it would hold consultations with various operators on the issue of foreign direct investment but denied that the FDI issue was in any way linked to unified licencing regime.
The UK's 697 projects created a 1.4 per cent rise in foreign direct investment jobs to 30,311.
The Centre has finalised sweeping changes to the country's foreign direct investment (FDI) policy to account for increasing concerns voiced by security agencies.
The industry ministry on Monday proposed foreign direct investment up to 74 per cent in the defence sector from the present 26 per cent, stating urgent upgrade of equipment in the armed forces was needed as a bulk of them suffered from obsolescence.
The government on Friday said it is looking at having a uniform foreign direct investment cap in different business segments within a sector as part of the review to streamline foreign investment regulations.
The 10-nation regional block of Association of South East Asian Nation (ASEAN), and not China and India, is the leading destination of America's foreign direct investment, a top US trade official said Monday.
Foreign direct investment (FDI) in India's aviation sector is long overdue; the Cabinet should back Mr Singh's decision -- which was taken following a meeting with Finance Minister Pranab Mukherjee, Petroleum Minister Jaipal Reddy and Commerce Minister Anand Sharma.
The outbound FDI is also expected to increase, resulting in net FDI inflow of $24 billion.
While FDI equity flows were $5.5 billion in 2005-06, it increased almost three times to $15.7 billion in 2006-07. We have set a target of $30 billion in 2007-08, Union Minister for Commerce and Industry Kamal Nath said on Tuesday.
US foreign direct investment inflows into India will increase to $1 billion annually by 2010, according to Indo-American Chamber of Commerce.
Bharti Walmart is a 50:50 joint venture set up in 2007 between Bharti Enterprises and Walmart and is engaged in wholesale cash and carry trade.
USTR has said India imposed several barriers in major services industries such as insurance, banking, audiovisual, accounting, legal, telecommunications, distribution services, postal and express delivery services.
The Union Cabinet in its decision of November 24, which has since been put on hold, permitted 51 per cent FDI in the multi-brand retail, well above expectations of the Walmart and its Indian joint venture partner -- Bharti Group.
Leader of Opposition in the Lok Sabha Sushma Swaraj on Monday demanded that the United Progressive Alliance government convene an all-party meeting over the issue of Foreign Direct Investment in retail before making any statement on it in the Parliament.
The decision is likely to bring in at least Rs 5 lakh crore of fresh investments into the sector over five years by improving connectivity and competition
In the midst of the debate on foreign direct investment versus national security, finance ministry has opposed any restriction on flow of investment from any specific country and said a case-by-case scrutiny should address such concerns. \n
The Opposition in the Rajya Sabha on Wednesday vociferously opposed any move to allow Foreign Direct Investment in general retail trade and demanded a full discussion on the issue.
With regard to foreign institutional investors, the survey said that there are signs that FIIs who had recorded net outflows in 2008-09 may have returned to the Indian market in the last two months.
The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's and its CEO and co-founder Raveendran Byju and seized 'incriminating' documents and digital data as part of a foreign exchange violation probe.
FIPB rejects proposals from firms that have not divulged details of beneficial ownership or source of funding
In a sudden turn of events, the Centre has decided to put on hold the controversial decision about FDI in retail sector, in an apparent bid to break the Parliament logjam. West Bengal Chief Minister Mamata Banerjee, whose party Trinamool Congress is strongly opposed to the decision, claimed on Saturday that Union Finance Minister Pranab Mukherjee spoke to her and told her that the FDI decision has been "suspended".
The government does not propose to permit foreign direct investment in retail business, Commerce Minister Arun Shourie assured the Lok Sabha on Monday.
The Union Cabinet on Thursday approved the extension by four months, the deadline for telecom companies to comply with guidelines on Foreign Direct Investment.
In India, these global retailers exported goods worth $725 million in 2010. Modern retail constitutes 6.5 per cent of the $435-billion overall Indian retail market.
The Indian government on Wednesday permitted owners of the daily foreign newspapers to make 100 per cent FDI (foreign direct investment) in their facsimile editions published in India.
China approved 9,582 new foreign-funded companies in first 5 months.
Director P Sheshadri talks abut his new film.
CPI leader D Raja also attacked govt for going back on its assurance to hold consultations with all stakeholders.
The Bharatiya Janata Party on Sunday criticised Prime Minister Manmohan Singh's remarks that those who oppose Foreign Direct Investment in retail are "ignorant", saying it is not the Opposition which is ignorant, but the United Progressive Alliance government and the Congress Party.
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The government said on Thursday said it will make it clear within 10 days whether foreign players be allowed to hold stake in stock exchanges or not.
The government on Friday said that the realisation rate of foreign direct investment inflows into India has been the highest in 2002 since 1991 at 191.08 per cent in rupee terms.\n\n\n\n
A ministerial panel on Thursday urged the government to raise foreign direct investment caps in a host of sectors including telecom, petroleum and civil aviation as part of a move to liberalise the economy.
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