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PMO forms IMG on consolidated FDI policy; first meet tomorrow

Last Updated: Wednesday, February 19, 2014, 15:16

The Prime Minister's Office has set up an Inter Ministerial Group (IMG) headed by the Industry Secretary to simplify the language of the policy on foreign direct investment.

RBI eases FDI norms to give foreign investors exit option

Last Updated: Thursday, January 09, 2014, 21:31

Relaxing FDI norms, the Reserve Bank of India today gave foreign investors an option to exit their investments by selling their holdings of equity or debt.

Govt indicates further relaxation in FDI policy

Last Updated: Wednesday, January 01, 2014, 18:38

The government on Wednesday indicated further liberalisation of the FDI policy in the coming weeks to attract foreign investments into the country.

Chidambaram, Sharma, Nath to soon meet on FDI in construction

Last Updated: Tuesday, December 24, 2013, 15:45

Finance, Commerce and Urban Developments ministers will meet soon to sort out differences over relaxation of FDI norms for the construction sector.

Cabinet defers decision on FDI in pharma and housing

Last Updated: Thursday, November 28, 2013, 22:17

The Cabinet Thursday deferred decision on relaxing FDI norms for the housing sector and reducing foreign investment limit to 49 percent in rare and critical areas of the pharma segment.

Fin Min not in favour of tightening FDI norms in pharma

Last Updated: Tuesday, October 15, 2013, 17:25

The Finance Ministry is not in favour of tightening of norms for foreign investors in already existing Indian pharmaceutical companies, a senior official said.

Tesco says it is awaiting clarity on India's retail FDI norms

Last Updated: Thursday, October 10, 2013, 21:02

UK's leading retailer Tesco Plc is awaiting clarity on India's policy on FDI in multi-brand retail trading before drawing up its plans for the country.

PMEAC lowers growth projection for 2013-14 to 5.3%

Last Updated: Friday, September 13, 2013, 15:52

The PMEAC had in April projected 6.4 percent growth for Indian economy for current financial year. The GDP grew by 5 percent in 2012-13.

DIPP favourably looking at relaxing FDI norms for housing

Last Updated: Sunday, August 18, 2013, 16:56

The DIPP is "favourably" looking at relaxing FDI norms for the housing sector, including easing the three-year lock-in period, to attract foreign investment.

BJP slams UPA for relaxing FDI norms

Last Updated: Saturday, August 03, 2013, 22:03

BJP leader Murli Manohar Joshi Saturday said the UPA government was working under the pressure of invisible forces which was forcing it to turn to foreign investment in every sector.

Sensex washes out early gains; eases 13 points

Last Updated: Friday, August 02, 2013, 09:49

The NSE 50-share index Nifty also moved down by 14.05 points, or 0.25 percent, to 5,713.80.

Retailers welcome move to ease FDI norms in multi-brand retail

Last Updated: Thursday, August 01, 2013, 22:34

Retailers Thursday welcomed government's move to ease FDI norms in multi-brand retail and said now it is up to the foreign chains to foray into the country's retail sector.