15 Sep 2014
New Delhi: With inflation plunging to nearly five-year low of 3.74 percent in August, India Inc on Monday nudged the Reserve Bank to slash interest rates and lower the cost of capital in its upcoming monetary policy review. The industry is severely impacted by high interest rate regime coupled with increased costs of raw materials and wage rate spirals.
27 Jun 2013
Karnataka has joined 11 other states and union territories that have agreed to allow foreign direct investment (FDI) in multi-brand retail.
15 Sep 2014
New Delhi: Declining prices of vegetable and other food articles pulled down wholesale inflation sharply to 3.74 percent in August to a nearly five-year low. The inflation measured on Wholesale Price Index (WPI) was at 5.19 percent in July and 6.99 percent in August 2013. Inflation in the food segment witnessed a significant decline to 5.15 percent in August as against 8.43 percent in the previous month, according to official data released here on Monday.
31 Jul 2013
New Delhi: Faced with sliding rupee, Finance Minister P Chidambaram on Wednesday said government will further liberalize the FDI policy and encourage public sector undertakings to raise funds from overseas markets.
26 Aug 2014
New Delhi: The government on Tuesday notified increase in foreign direct investment (FDI) limit to 49 percent through approval route in the defence sector.
06 Oct 2012
FDI in retail is being projected as a panacea for all the ills plaguing agriculture. It is expected to raise farmers income, remove middlemen, help consumers get a low price, and of course remove the massive wastage that we see in the farm supply chain.
07 Aug 2014
New Delhi: Moving ahead with the economic reforms, the Cabinet on Wednesday night cleared the long-delayed proposal for raising FDI limit in defence to 49 percent and fully opened up the railway infrastructure segment, like high-speed trains, for foreign investment.
27 Oct 2013
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 to Indian market during the last quarter.
24 Aug 2014
New Delhi: Foreign direct investment (FDI) in services sector declined about 22 percent year-on-year to USD 738 million during April-June period of the ongoing fiscal.
05 Sep 2014
Mumbai: Indian real estate market witnessed a significant change in the last decade mainly backed by opening up of FDI in the sector and shift in preference to high-rises over traditional low-rise structures, according to a report.