Foreign Investment

Cabinet decides to abolish Foreign Investment Promotion Board

Wed, 05/24/2017 - 21:54

New Delhi, May 24, In a major decision aimed at further easing doing business in India, the Union Cabinet on Wednesday abolished the 25-year-old Foreign Investment Promotion Board (FIPB), obviating the need for prior clearance for Foreign Direct Investment in more than 90 per cent cases. Industry lauded the move as a "bold" step that would add to the healthy inflow of foreign investment.


India getting noticed globally by investors: Jaitley

Fri, 10/07/2016 - 20:04

Washington, Oct 7 (IANS) India is getting noticed by investors globally as it is opting for liberal reforms at a time when major economies are turning protectionist, Finance Minister Arun Jaitley said adding that it also has the best growth rate in the world.


India keen on more investments from Bahrain

Thu, 05/26/2016 - 20:28

New Delhi, May 26 (IANS) India on Thursday urged Bahrain to enhance its investments in India, highlighting the investment opportunities in the country.