Mumbai: Pick-up in exports and decline in gold imports are likely to keep the country's Current Account Deficit lower during the rest of the fiscal as compared to the same period last year, a report
New Delhi: Foreign Direct Investment into the country declined by about 38 per cent, year-on-year, to USD 2.91 billion in September, according to the Department of Industrial Policy and Promotion.In September 2012, the country had
New Delhi: The I&B Ministry has accepted broadcast sector regulator TRAI's recommendations on guidelines for accreditation of TV rating agencies and will soon approach the union cabinet for its nod, Union Minister Manish Tewari said.
New Delhi: Foreign direct investment in the pharma sector has more than doubled to USD 1.07 billion during April-August period amid concerns over increasing acquisitions of domestic firms by multinationals.FDI in drugs and pharmaceuticals was
New Delhi: The Foreign Investment Promotion Board will take a decision on November 13 on British telecom major Vodafone's proposal seeking approval to invest Rs 10,141 crore for raising its stake in India unit to
New Delhi: Top Indian diplomats from across the world were today told to assure foreign investors that there will be no "policy reversals" by the Indian government.Union Minister for Commerce and Industry Anand Sharma, who
New Delhi: Foreign Direct Investment (FDI) into India declined to 8-month low of USD 1.4 billion in August, down 38 percent year-on-year.FDI had touched a low of USD 1.10 billion in December last year.In August
Washington/New Delhi: Global retail giant Walmart has resumed its lobbying with the US lawmakers on matters related to FDI in India and it spent USD 1.5 million on about 50 specific issues, including those related
NEW DELHI: The Enforcement Directorate, which probed the alleged contravention of foreign exchange laws by Walmart in its investments in domestic supermarket chain Bharti Enterprises, has found no violation of FDI guidelines by the US
New Delhi: Finance Minister P Chidambaram will leave for the US tomorrow to attend the annual meeting of the IMF and the World Bank, during which world leaders will deliberate on prevailing uncertainty in global
New Delhi: Foreign direct investment (FDI) inflows into services sector, declined by 36.5 per cent year-on-year to $1.02 billion during the April-July period.The services sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing,
Chennai, Aug 10: DMK on Friday said it would support the Food Security Bill only if the Centre brought required amendments and ensured that existing rights of Tamil Nadu were not affected by the legislation."For
Chennai, July 23: Tamil Nadu Chief Minister J. Jayalalithaa Tuesday said the UPA government at the centre was acting at the behest of foreign interests in relaxing FDI.In a statement issued here, Jayalalithhaa said: "Totally
Chennai, July 21: DMK president M. Karunanidhi Saturday came down heavily on the centre's decision to hike foreign direct investment (FDI) limits in various sectors, and said it would result in serious consequences, especially in
New Delhi, July 18: The BJP Wednesday accused the government of making the economy "FDI-driven" and asked if it had run out of ideas to contain inflation and fiscal deficit.Bharatiya Janata Party (BJP) leader Ravi
Nagpur, Jul 17: Opposition BJP today termed the Centre's big-ticket reforms push to hike foreign direct investment in at least a dozen sectors as a “hasty” decision taken under the “influence” of developed western nations.
Mumbai, Jul 17: The BSE benchmark Sensex today rose by over 118 points in early trade led by gains in telecom stocks, after the government liberalised FDI limit in over a dozen sectors.The 30-share index,
New Delhi, Jul 16: FDI cap in defence sector will remain at 26 per cent and proposals beyond that will be considered by the Cabinet Committee on Security on case to case basis, according to
New Delhi, July 17: In a clear signal to global investors that economic reforms will be fast-tracked and norms for inflow of overseas capital eased further, India Tuesday decided to hike the foreign direct investment
New Delhi, Jan 30 : Seventeen years after he had to buy back a 40 per cent stake in Jet Airways from Gulf carriers when FDI was disallowed, Naresh Goyal is set to become the
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