FDI reforms News

Pinning hopes on a slew of FDI reforms unveiled by the government in 2016, the government expects that the momentum of high FDI inflows will continue in the new year.

India Inc's business optimism for the July-September period touched an eight quarter high driven by initiatives like the clearance of Bankruptcy Code and reforms in Foreign Direct Investment front, says a report.

The government in November opened up 15 sectors including real estate, defence, civil aviation and news broadcasting in a bid to push up reforms.

Indian economy will slightly perform better this year as the productivity level of capital may remain high, former governor of RBI C Rangarajan on Saturday said.

In growing clamour against Centre's move of easing FDI in 15 key sectors, including defence, airlines and banking, Centre of Indian Trade Unions (CITU) Thursday urged its members for a nationwide protest against the "anti-people and reckless decision".

The US-India Business Council (USIBC) Thursday said the liberalisation of India's FDI policy in over a dozen sectors will further improve ease of doing business and boost investments in the country.

The reforms in foreign direct investment (FDI) are likely to set the tone for a revitalised investment partnership between India and the UK, industry chamber CII said Thursday.

PM Modi asserted that the country is "unstoppable" on the path of economic progress and the government wanted the world to see the tremendous opportunities India offers.

With an aim to expedite FDI clearance process, the government on Tuesday enhanced FIPB's monetary limit to approve foreign investment proposals of up to Rs 5,000 crore.

This is again an affirmation of the government's commitment to strengthen the economy, India Inc said.

PM Modi asserted that the country is "unstoppable" on the path of economic progress and the government wanted the world to see the tremendous opportunities India offers.

PM said India is unstoppable on path of economic progress.

While 100 percent foreign direct investment (FDI) has been allowed in DTH, cable network and plantation crop, overseas investment limit in uplinking of news and current affairs TV channels has been raised to 49 percent from 26 percent.