FDI in print media News

 The government is moving ahead with further opening of print media, construction and retail sectors to foreign investments, and detailed deliberations in this regard were held in the finance ministry on Wednesday.

The government is considering a proposal to increase the limit for foreign direct investment (FDI) in print media sector to 49 percent. Currently, the FDI policy permits 26 percent foreign direct investment in the publishing of newspapers and periodicals dealing with news and current affairs through government approval route.