24 Jul 2014
New Delhi: The Cabinet on Thursday approved 49 percent foreign investment in insurance companies through the FIPB route ensuring management control in the hands of Indian promoters..
25 Jul 2014
New Delhi: The Communist Party of India-Marxist (CPI-M) attacked the National Democratic Alliance (NDA) government over the cabinet decision to raise FDI cap in insurance sector to 49 percent, saying that the ruling party was implementing what it had previously objected to as an opposition.
18 Jul 2014
New Delhi: The Foreign Direct Investment (FDI) flows into India more than doubled to USD 3.60 billion in May, the highest in the last eight months. In May 2013, the country had received FDI worth USD 1.63 billion.
01 Aug 2014
New Delhi: Senior IRS officer KV Chowdary has been appointed as the new Chairman of the Central Board of Direct Taxes (CBDT), the top policy making body of the Income Tax department.
11 Jul 2014
New Delhi: Defending his decision to raise foreign investment cap in the insurance sector to 49 percent, Finance Minister Arun Jaitley has expressed confidence that the proposal would be supported by Bharatiya Janata Party (BJP).
11 Jul 2014
Kolkata: West Bengal Chief Minister Mamata Banerjee on Thursday slammed the Union Budget 2014-15, saying that Narendra Modi-led National Democratic Alliance (NDA) government has ‘become a government of the FDI, by the FDI and for the FDI’.
22 Jun 2014
New Delhi: The foreign direct investment (FDI) into India has declined 26 percent to USD 1.70 billion in April - the lowest in last five months, according to the data of Department of Industrial Policy and Promotion.
09 Jun 2014
New Delhi: President Pranab Mukherjee on Monday said the Central government is committed to encourage Foreign Direct Investment (FDI) in sectors that create more jobs and assets.
26 Jul 2014
Kathmandu: Looking at further expanding bilateral ties, External Affairs Minister Sushma Swaraj on Saturday held talks with her Nepalese counterpart Mahendra Bahadur Pandey here on a range of issues and resolved to push for more cooperation in areas such as trade, investment and security.
03 Jun 2014
Washington: India has slipped to its lowest position in over a decade in the foreign direct investment confidence index, which has been topped by United States for the second year in a row, a study has showed.