Norms amended as restrictions in case of investors with non-strategic, non-controlling interests was seen as adversely affecting investment flows including private equity & venture funds.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
It is time for more proactive thinking on tax policy, which can no longer be guided only by the limited objective of revenue maximisation or hawkish enforcement to meet steep internal targets.
The government must find out what constrains Indian companies from exploring the domestic market for investment with the same zeal as they are showing with regard to outward FDI.
Falling net FDI levels, it says, were driven by rising repatriation due to foreign investors realising higher returns on investments due to surging stock market.
Defence ministry has declared 2025 a ‘Year of Transformation’ with expectations that new, lighter and simpler Defence Acquisition Procedures (DAP) will be rolled out.
India and the US share a remarkable complementarity in many fields. They can leverage each other's comparative advantages to address their respective challenges.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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