Union minister Ashwini Vaishnav said 9 structural reforms were approved in the sector, adding these measures are expected to ease the cash flow issues being faced by some people.
The Modi-led central government is looking at the LIC IPO, slated to be India’s largest ever, to help narrow its budget gap to 6.8% of GDP in the year through March 2022.
Restrictions on banking led to limited capacity for new entrepreneurs to have access to resources. It allowed the old elite to continue dominating. This order must be shaken up now.
The increase in FDI to 27% from $51 billion in 2019 was pushed up by acquisitions in the information and communication technology industry due to the pandemic, the UN report said.
In terms of top investor countries, Singapore is at the top with 29 per cent share. It was followed by the US with 23 per cent and Mauritius with 9 per cent during the last fiscal.
Rajya Sabha Thursday cleared bill that allows more foreign investment flowing into India. Find out how this could change the industry, what are the safeguards for policy holders & more.
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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