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foreign direct investment
FDI dips by 6% to $5.47 bn in Jan-March 2013
Foreign direct investment (FDI) in India has declined by six percent to USD 5.47 billion during January-March quarter of the current calendar year even as government is making efforts to promote the country as an investment destination.
Govt panel for hiking FDI limits in retail, telecom
A government panel Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.
FIPB clears 16 FDI proposals worth Rs 1,647 crore
The government has approved 16 projects envisaging foreign investment worth Rs 1,647 crore, while deferring Punj Lloyd's proposals for lack of security clearance.
Foreign multi-brand retailers not allowed to franchise stores
Foreign retailers entering India's multi-brand segment will not be allowed to franchise their stores and will have to put 50 percent of their investments in back-end infrastructure specifically for the chain they are setting up.
FDI dips by 38% to $22.4 billion in 2012-13
Government's efforts to promote India as an investment destination does not seem to be yielding fruits as FDI inflows registered 38 percent decline to USD 22.42 billion in 2012-13 compared to the previous year.
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