Finance Minister Nirmala Sitharaman met Dr Natalio D. Wheatley Monday, welcoming greater engagement between the two nations in areas of mutual interest.
Appointed as finance minister under prime minister PV Narasimha Rao, Singh enacted slew of reforms that broke shackles of overregulation & protectionism.
100% FDI will now be allowed in manufacturing of satellite components without need for govt approval. Up to 49% will be allowed automatically in launch vehicles and spaceports.
The FDI policy reform is expected to boost employment and will allow companies to set up manufacturing facilities in the country, the government said in a statement.
Turning anyone who ever sparred with Nehru and Gandhi into a trophy of appropriation has long been both the Hindu Right's sport and strategy, and a rather successful one.
Russia now accounts for about half of India’s crude imports. Experts say this reflects source diversification, but high concentration carries risks from sanctions, shipping curbs.
This opens up a market worth several thousand crores while allowing defence ministry to diversify and speed up production at a time when armed forces are looking to build missile stock.
At some point Pakistani dictators begin to show paranoia. That’s the strategic reality most relevant to India since the late fifties. Munir’s case is worse, like some sudden acrophobia.
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