After a major overhaul of FDI rules in June, the government on Wednesday took a cue from Singapore and Hon Kong to offer permanent residency status to overseas investors bringing in at least Rs 10 crore. The move is seen as a boost to facilitating foreign fund flows amidst subdued domestic private investment.
The government on Wednesday approved a set of reforms to boost the construction industry. The measures include mechanisms for speedier disposal of disputes as the government is looking to
- Aug31By PTI
Cabinet on Wednesday gave its approval to the "radical" changes in the foreign direct investment regime that had sought to increased FDI to 100 per cent in defence and liberalised
The Centre on Tuesday hiked the minimum wage of unskilled industrial workers from Rs 246 to Rs 350 a day, but the move failed to mollify trade unions who have called a national strike on September 2.
In an attempt to boost mineral exploration in the country, the Centre has allowed states the freedom to auction or reserve a mineral block for its entities if another state-run
Despite the government’s ambitious target to make manufacturing account for 25 per cent of the GDP by 2022 from current 16 per cent, Indian industry finds that a chronic shortage
The government has decided to ask sugar mills to sell excess stocks above 37 per cent of total availability by September 30.
The food ministry will issue a notification this
- Aug26By PTI
Worried about security risks arising out of in-flight selfies, aviation regulator DGCA may soon ask airlines to strictly enforce a ban on taking pictures inside cockpit and at other critical
In what smacks of a return to the licence-permit raj, the government is likely to impose stockholding limit on sugar mills and ban futures trading in sugar with an objective to push more supplies into the market in a desperate bid to tame rising prices.
The government has decided to streamline and regulate surrogacy in the country with clear rights for surrogate mothers and children.
The Centre will ban commercial surrogacy within the country or
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