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Government fails to attract FDI in Defence Industry, only Rs 56 lakh since Sept last year

This dismal FDI inflow was the reason why another set of big changes was announced by the governmen…

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4 mins read

Is FDI The Mantra For Modernising Indian Military?

There has been a spate of fatal accidents due to outdated or defective equipment, along with proble…

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It’s going to be much easier for foreign weapons makers to start business in India soon!

The government has begun discussions to bring clarity on what 'state of the art' implies so as to e…

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Govt. provides private firms level-playing field with defence PSUs to boost manufacturing

"This will provide a level-playing field...by taking away the strategic advantage with PSUs for quo…

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India To Allow Visa- On- Arrival To Russia

India will soon provide visa- on- arrival facility to business visitors from Russia. The visa-on-ar…

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2 mins read

Indian Cabinet Approves Raising FDI Cap In Defence To 49 Per Cent, Opens Up Railways

Arun Jaitley in his Budget speech had announced plans to increase FDI in the defence and open up th…

ET   


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Sitharaman seeks to debunk data fudging claims, takes on Chidambaram over defence budget allocation

"No resources have been cut down for anybody but I wish to assure all members who participated dur…

PTI   


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4 mins read

FDI Reforms: a Tale of too much Caution

Let us try to understand why foreign investors have been weary of investing in India. India offers …

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1 min read

Foreign Investment Promotion Board might be scrapped! FDI to be free of all govt controls

The department of economic affairs (DEA) has passed a draft Cabinet note for inter-ministerial cons…

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Defence PSUs have $8.3 billion of advances, and Defence Ministry wants it for war chest

Managers have also been instructed to clear the outstanding funds till 2000, while new provision fo…

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No doomsday for Dalal Street: Here’s how Modi Cabinet helps Indian markets during crisis

As soon as Raghuram Rajan announced his intention to leave RBI after this term, the government unve…

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LeEco plans to launch up to 10 stores in India including Delhi and Mumbai

The company had applied for a single brand retail license two months ago, and had sought an exempti…

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2 mins read

Govt. to simplify policy norms to attract more FDI in manufacturing

As part of this plan, the government could dust off an old proposal, based on globally prevalent pr…

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Here's the proof of Modi-Obama friendship; US has invested more in India than China since May 2014

"The high-level engagements between our two countries since May of 2014 include six at the leader-l…

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Modi govt planning ‘reforms’ booster doze for the Indian economy

Citi's Samiran Chakraborty and Anurag Jha, in a note, stated that a slew of announcements of state …

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2 mins read

Easing of FDI norms in 15 sectors to support investment, GDP growth: Fitch Ratings

It forecast Indian real GDP growth to come in at 7.5 per cent this year and accelerate to 8.0 per c…

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Ease of doing business key to achieve Indo-US bilateral trade goals: US Commerce Secretary Penny Pritzker

"The (Narendra) Modi Government has streamlined bureaucratic decision making processes, raised …

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Government to publish report card of Make in India's success on its anniversary

"We are gathering data about all we have achieved so far financially and sector wise. We are ho…

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When 15cr Indians decide not to work it creates havoc!

Trade union leaders claimed that around 15 crore formal sector workers are on strike in support of …