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GST, land reforms key to boost India's economic growth: IMF

GST, land reforms key to boost India's economic growth: IMF

Structural reforms, including GST and in areas like land and labour, will be key to boost India's economic growth potential going forward, IMF said today.

'Government plans to put 98% sectors for FDI under automatic route'

'Government plans to put 98% sectors for FDI under automatic route'

 Government is planning to put 98 per cent of sectors, which are open to foreign investments, under the automatic route so that businessmen won't need to visit the Finance Ministry or 'Udyog Bhavan' for any approval, a top official said today.

Allowing FDI in e-commerce has pros and cons: DIPP paper

Listing out eight advantages of permitting foreign direct investment (FDI) in business-to-consumer segment, the Department of Industrial Policy and Promotion's (DIPP) paper said that it would also improve customer service.

Govt approves 12 FDI proposals worth over Rs 802 crore

Government on Wednesday said it has approved 12 foreign direct investment (FDI) proposals, including that of Ratnakar Bank, totalling over Rs 802 crore.

Sharma says Govt has not lost direction

Buoyed by the multi-billion investments announced by global firms such as IKEA and Coca Cola in India, Commerce and Industry Minister Anand Sharma on Wednesday hit back at critics saying the government has "not lost direction".

Govt clears 25 FDI proposals worth Rs 2,973 crore

The government on Tuesday said it has cleared 25 foreign direct investment (FDI) proposals, including that of AIF III of Mauritius and Mumbai based Microqual Techno, worth Rs 2,973.40 crore.

India still a foreign investment hot spot: E&Y

Foreign Direct Investment in India is set to swell in coming years as investors stomach a lack of transparency, poor infrastructure and policy paralysis in their search for growth, professional services firm Ernst & Young (E&Y) said in a report.