The country last raised the amount of government debt that foreign investors can buy by $5 billion in June last year.
'India enjoys conventional superiority, but nuclear deterrence imposes clear boundaries.'
Venture capital funds are one of the most effective ways of bringing out and nurturing the innate ability of our people.
Congress-ruled Rajasthan and Delhi had said yes; 3 states which had okayed FDI have Assembly polls next year.
This FDI includes equity, re-invested earnings and other capital.
The note recommends allowing FDI in domestic firms through the issue of partly-paid up shares and convertible warrants, but with certain riders.
The government on Thursday committed itself to continue financial sector reforms by easing foreign investment policy, recapitalising state-owned banks and establishing a regulator for the pension sector.
FDI in drugs and pharmaceuticals was $487 million during April-August 2012, according to the latest data of the Department of Industrial Policy and Promotion.
The government has cleared 19 foreign direct investment projects worth Rs 4,340 crore, including that of Tata Steel and Future Ventures.
The government also increased the power of the FIPB.
Kingfisher is in discussion with various investors, including Etihad, for equity investments in the company, but matters are merely at negotiation stages, it said in a statement to the stock exchange.
Foreign Direct Investment (FDI) as a source of funding has shrunk to a trickle for the once lucrative telecom sector with foreign investment inflows plunging to $43 million in the April-September period of the current fiscal.
India has a high and rising current account deficit rather than a surplus; fiscal deficits far exceed anything close to prudent; and the inflation numbers have exposed India as an embarrassing outlier among emerging market countries.
The Commerce and Industry Ministry has circulated a draft Cabinet note for inter-ministerial consultations.
The S&P BSE Sensex shed 54 points to close at 26,813.
Annual direct investment by developing countries into other rising economies has grown faster than that by developed countries in the past 15 years, the UN Conference on Trade and Development has reported.
Making a strong pitch for foreign direct investment in retail, Congress general secretary Rahul Gandhi on Sunday said Bharatiya Janata Party, when in power, had sought to bring in foreign investment without adequate safeguards while UPA has taken strong measures to protect the interest of farmers.
If it continues to do well economically, develops a large manufacturing sector, gains in technological heft, builds a more capable defence industry, improves its human development indicators, becomes more of a trading nation, and has greater internal cohesion. In short, it is a work in progress, suggests T N Ninan.
China has approved 8,152 new foreign-invested companies over the past four months, a rise of 8.61 per cent year-on-year.
The chief minister held that foreign investors would try to capture the retail sector that would subjugate the farmers and destroy local retailers and the common man would not benefit in any way.
Suggesting big-ticket reforms to attract investment in the infrastructure sector, a high-level committee on Wednesday recommended increasing electricity charges and rail fares.
Notwithstanding its inability to open multi-brand retail for foreign investment, government on Tuesday notified 100 per cent FDI in single-brand retail, paving way for global chains like Adidas, Louis Vuitton and Gucci to have full ownership of their India operations.
India's foreign direct investment is expected to rise substantially from this month with the Reserve Bank of India incorporating many new components in the FDI basket in line with international practices.
A separate clearance will now be required from the finance ministry's revenue department, according to an official clarification issued earlier this week. The clarification assumes importance in the backdrop of increasing cases where FDI proposals have been opposed by the revenue department due to concerns over revenue losses.
Position as most-favoured destination moves down a notch to fourth, says Unctad report.
Brand name rule might be waived for Swedish major's mega investment proposal, indicates DIPP; final revision of its application likely by end-August.
Commerce and Industry Minister Anand Sharma along with officials from his ministry were in the Nordic country for a two-day visit. They were accompanied by Indian industrialists led by the Confederation of Indian Industry.
Tech giant allowed to set up fully owned shops, with 30% local sourcing like everyone else.
Key sectors that received maximum FDI include services, computer software and hardware, telecommunications, trading, chemicals, and automobile.
The aviation minister, Ajit Singh, on Tata-Air Asia joint venture
Regardless of the merits and demerits of foreign direct investment in retail, the fact is that a tie-up between organised retailers and farmers benefits both, as also consumers of farm goods, writes Surinder Sud.
Only recently had UP chief minister and Bahujan Samaj Party supremo Mayawati expressed reservation against the Congress-led government's proposed FDI-in-retail policy.
The decision to allow 51 per cent foreign direct investments in multi-brand retail has been put on hold by the government following strong objections from the Opposition and key United Progressive Alliance allies Trinamool Congress and Dravida Munnetra Kazhagam.
Amazon India is waiting for clarifications from the government on several aspects of the latest FDI guidelines to be able to carry on with business in the country. Sources said, no new investment is likely till at least the second half of 2019.
UK flag carrier British Airways plans to tie up with an Indian domestic carrier in a franchise partnership.
International investors are encouraged by the Indian government's recent economic policy announcements, including that on opening the retail sector to foreign direct investment (FDI). However, they would track how these measures were implemented, said speakers at the annual India Investment Forum in New York.
Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
It was primarily due to a higher trade deficit ($41.6 billion) brought about by a larger increase in merchandise import.
Industry experts say that the government needs to further relax FDI norms to attract investors to the sector.
