Govt must revisit its approach to bilateral investment treaties
That is substantially more than the $1.35 billion it invested in 16 years to March 2016
DIPP has asked the Department of Economic Affairs to examine the draft on mapping of NIC code prepared by it
Foreign investment inflows were at $9.88 billion in January-March 2015
'If we say that profits cannot be taken... Then nobody will come to invest (in the country)'
A depository, a banking or insurance entity or a commodity derivative exchange will be among those allowed to raise stake
The Bharatiya Mazdoor Sangh and Swadeshi Jagaran Manch had voiced reservations over the government's FDI policy announced in mid-June
Currently, the FDI policy permits 26 per cent FDI in the publishing of newspapers and periodicals
She said they were working on these reforms for couple of months and announced them after final completion of work
Shares of Jagran Prakashan, publisher of the hindi newspapers jumped to 5.1 per cent and the stock closed at a record Rs 182.4 after the news
Current limit is 26%, may go up to 49%
In the monsoon session, therefore, the Congress is likely to do to the BJP, what the BJP did to it in 2012
As it shows a continuation of reform momentum
A new law that would govern all aspects of foreign direct investment and end the licence raj prevalent in the FDI regulatory system will improve the country's investment climate
Everyone's waiting for the fine print but it looks like the policy will be subject to the same multi-brand conditions
Allowing foreign players to directly compete with Indian players with the latter not equipped with the necessary technology would leave them hobbled
Modi's recent visit to the US included major investment announcements by companies such as Amazon and Star India
Their protests made govt stall GM seeds trials, drop land Bill amendments and heed their view on patent laws
However, overall global FDI in 2016 is expected to decline by 10-15% due to weak economic prospects