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Cabinet approves grant of permanent residency status to foreign Investors

Cabinet approves grant of permanent residency status to foreign Investors

The Union Cabinet on Wednesday approved the scheme for grant of Permanent Residency Status (PRS) to foreign investors subject to the relevant conditions as specified in the FDI Policy notified by the government from time to time.

Loss of momentum on economic reforms could hamper investment in India: Moody's

Loss of momentum on economic reforms could hamper investment in India: Moody's

Moody's said that a failure by the government in implementing key reforms such as Goods and Services Tax (GST) and land acquisition laws could hamper investment and signal a derailed reform prospect.

New Indian govt needs to ensure predictability: USIBC

For the first time India has a government that understands business and foreign investment, the new head of an influential Indo-US business advocacy group has said while cautioning that the country needs to ensure "predictability" on law, policy and bureaucracy.

India in talks to simplify process of foreign investment: RBI

The Reserve Bank of India (RBI) is in talks with market participants to simplify the process of investing into the country`s debt market, deputy governor H.R. Khan said on Thursday, responding to questions about international settlement of securities through Euroclear.

India not a crowded trade for foreign investors: Credit Suisse

India is still not a "crowded trade" for foreign investors, Credit Suisse said, despite USD 7.3 billion of net foreign buying since March.

India's growth story intact, investors reposing confidence, says Sharma

Foreign investors continue to remain bullish on India and the government's measures to fast track project clearances have given a major boost to the country's growth story, Commerce and Industry Minister Anand Sharma said Thursday.

IFC doubles global rupee bond plan on strong investor demand

International Finance Corporation (IFC) has doubled its already launched Rs 1,000-crore three- year global rupee bond programme to promote capital markets and encourage foreign investment in India.

Govt indicates further relaxation in FDI policy

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

Huge opportunity for foreign investment in India: Chidambaram

"There is huge opportunity for foreign investment. We have massive infrastructure projects underway," he said.

Govt may relax FDI norms for muti-brand retail today

The government is likely to liberalise FDI norms for multi-brand retail on Thursday, a move that Finance Minister P Chidambaram expects will help attract first foreign investment in the sector.

India to return to 8% growth rate in 2 years: Chidambaram

Asserting that India can absorb USD 50 billion foreign investment annually, Finance Minister P Chidambaram has said the downturn in Indian economy was temporary and growth will return to 8 percent in two years.

India has all qualities to protect foreign investment: FM

On the second leg of his North American tour to woo investors, Finance Minister P Chidambaram has said that India has all the qualities to guarantee that foreign investment is protected.

FIIs pull out Rs 680 cr from equity market last week

Overseas investors have pulled out more than Rs 680 crore from the Indian equity market last week amid political and economic worries.

FIIs invest $2.5 billion in debt market this year; $1 bn in March alone

Overseas investors have pumped in USD 2.5 billion into Indian debt market so far this year, out of which over USD 1 billion has been invested in March alone.

India intends to be friendly to foreign investors: Rajan

India intends to be friendly to foreign investors and continue with the existing policy for them, Chief Economic Advisor Raghuram Rajan said on Wednesday.

Govt taking steps to improve inflow of foreign investment: FM

The government is taking steps to improve inflow of foreign investment and the impact of the initiatives will become visible after some time, Finance Minister Pranab Mukherjee said on Tuesday.

Montek calls for harmonisation of tax laws across countries

Calling for harmonisation of tax laws across national boundaries, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Friday said India should also take steps to bring rules in line with best global practices to make climate more conducive for foreign investment.