The government will amend the qualification criteria for obtaining air operator’s permit or AOP to align them with the recent changes in foreign direct investment (FDI) norms allowing foreign investors
Close on the heels of the radical reforms in its foreign investment policy earlier this week, the Union cabinet on Wednesday announced the largest-ever auction of telecom spectrum billed for September that should fetch it almost $85 billion or Rs 5.66 lakh crore.
The government may soon relax capitalisation norms under FDI regulations to enable foreign funds to set up offices in India. As per present rules a foreign entity requires
- Jun21By Nirbhay Kumar & KA Badarinath
The tide of adverse publicity over the exit of RBI governor Raghuram Rajan that threatened to derail the government’s economic agenda was reversed with the awesome force that could be commanded by none other than prime minister Narendra Modi himself, putting to rest speculation that the world was waiting to condemn India as an economic pariah.
The 10 largest listed pharmaceutical firms, part of the Nifty 100 index, will not see any material benefit from the government’s easing of foreign direct investment (FDI) norms for the
The board of Securities and Exchange Board of India (Sebi) on Friday approved bringing out a consultation paper proposing certain changes in the portfolio manager regulations to enable foreign fund
The government on Thursday imposed a 20 per cent duty on the export of raw and refined sugar. A late night communiqué by the Union finance ministry on Thursday
The government has given wings to Tata Group's startup airlines Vistara and Air Asia India's plans to fly overseas by tweaking the contentious 5/20 rule.
- Jun15By Reuters
Prime minister Narendra Modi’s cabinet approved a new national civil aviation policy on Wednesday, a government source said, sending airline stocks higher.
The government on Saturday proposed higher compensations for air travellers in case of cancellation of flights or denied boarding and suggested airlines to process the claim faster, 15 days for
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