Commerce and industry minister Piyush Goyal highlighted the significant concessions and liberalisation planned for the single-brand retail sector so that more international companies can set up stores in India and expand their business. (Photo: File)
16 Jul 2019 7:23 PM

On multi-brand retail we are very clear as of now it's a 49 pc restriction for foreign investment, Goyal said.

India is the fastest growing major economy in the world right now, says V Muraleedharan.
11 Jul 2019 10:05 AM

Centre is considering further opening foreign direct investment in aviation, media and other sectors.

Secretary in the department for promotion of industry and internal trade (DPIIT) Ramesh Abhishek, however, said there will be no relaxation in the mandatory 30 per cent local sourcing norms. (Photo: Representational)
08 Jul 2019 5:24 PM

We would try to make it more simple for retailers to comply with the provisions of sourcing, said Ramesh Abhishek.

In the single-brand retail sector, Sitharaman said local sourcing norms for FDI will be eased in a bid to encourage investment.
05 Jul 2019 12:09 PM

Global FDI flow slipped by 13 per cent in 2018 to USD 1.3 trillion, from 1.5 in the previous year.

Both companies, and the US government, protested against the rules in January, saying they would force firms to change their business structures.
26 Jun 2019 8:59 AM

Amazon and Flipkart say they’ve complied with the rules and deny any wrongdoing.

The UN trade report said the prospects for FDI inflows into South Asia are largely determined by expectations of growing investment into India.
13 Jun 2019 12:10 PM

FDI inflows in developing countries in Asia registered a rise of 3.9 per cent to USD 512 billion during the last calender.

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