DIPP notifies easing of FDI policy in several sectors
DIPP notifies easing of FDI policy in several sectors

The Department of Industrial Policy and Promotion on Tuesday notified the recent liberalisation of FDI policy in several sectors including defence, retail and construction development sector.

Govt raises FDI cap in news channels to 49%

There is no change in foreign investment caps for the print media.

DIPP working on aligning FDI policy with NIC code

All the economic activities are classified as per the NIC Code.

Govt notifies composite cap for foreign investment

Sectors like insurance, pension, retail and pharmaceuticals will benefit from introduction of composite cap in the FDI policy which came into effect from Thursday.

'Composite cap on FDI to remove confusion among investors'

Introduction of the composite cap concept in the FDI policy will remove confusion among investors with regard to multiple limits on various categories of overseas investments such as FII, Commerce and Industry Minister Nirmala Sitharaman Friday said.

Composite cap on FDI creates confusion over FII limit in banks

Government's decision to introduce composite caps on foreign investment has led to confusion among bankers who say overseas portfolio investments can now go up to 74 percent as against the current ceiling of 49 percent.

Cabinet to decide on composite foreign investment caps tomorrow

Seeking to streamline the foreign investment regime, the Union Cabinet is expected to take a decision Wednesday on introducing a composite cap which will include FDI, FII and other instruments in various sectors.

Services should not be part of e-commerce definition: Assocham

Services should not be a part of the definition of e-commerce since FDI is already permitted in the sector, industry body Assocham has suggested the Commerce and Industry Ministry.

India will do better on ease of doing biz this year: CII

According to CII, the last 12 months have witnessed the drafting of new policies with respect to capital goods, chemicals, steel and textiles which are currently in various stages of finalisation.

Govt will consider repealing 51% FDI policy for retail

Government will consider repealing the 51 percent FDI policy in multi-brand retail, while no proposal would be entertained for opening supermarkets in India by foreign players, Union Minister Nirmala Sitharaman said.

Cabinet approves FDI policy on investments by NRIs, PIOs and OCIs

The Union Cabinet on Thursday approved amendments to FDI policy on investments by NRIs, PIOs and OCIs for greater forex remittances.

No change in stand on retail FDI, says Commerce Minister

Traders body CAIT has also criticised the central government for retaining the retail FDI policy.

Retail body pitches for level-playing field on FDI

The Retailers Association of India (RAI) on Thursday railed against the government's invitation for stakeholders' consultation meeting on FDI policy in e-commerce.

Govt calls stakeholder meeting on e-commerce FDI policy today

The government will hold a meeting of all the stakeholders including industry chambers CII and Ficci on Thursday on foreign direct investment in e-commerce retailing.

Govt calls stakeholder meeting on e-commerce FDI policy tomorrow

Major domestic e-commerce companies such as Flipkart and Snapdeal may also be present in the meeting.

RBI allows FIIs to buy shares in South Indian Bank

Reserve Bank has allowed foreign investors to buy further shares in South Indian Bank as foreign investment in the bank has gone below the prescribed limit.

DIPP holds stakeholders' consultation meet on FDI policy

The DIPP on Thursday held a stakeholders' consultation meet with representatives from industry chambers and law firms on the next edition of its consolidated FDI policy document.

Govt aligns FDI policy with national industrialisation code

With a view to improve the ease of doing business, the government has aligned the foreign direct investment policy with the upgraded National Industrial Classification (NIC) Code.

Next edition of consolidated FDI policy to come out on Mar 31

The Commerce and Industry Ministry plans to release the next edition of its consolidated FDI policy document on March 31, incorporating all the changes made over the past year.

CAIT to CMs: States losing revenue, frame rules for e-tailers

Alleging that states are losing revenue due to online retail business, traders body CAIT has asked Chief Ministers to frame rules and regulations for e-tailers.