New Delhi: Foreign Direct Investment in the country touched the “highest ever” mark of $51 billion during the April-February period of last fiscal ended March 31, DIPP Secretary Ramesh Abhishek said today. The Secretary the
New Delhi: The government on Tuesday permitted 100% foreign direct investment (FDI) in the marketplace model of e-commerce retailing with a view to attract more foreign investments. As per the guidelines issued by the Department
New Delhi: Media major Viacom18 and DIPP have joined hands for the Start Up India initiative to launch an outreach programme aimed at young entrepreneurs.Under the 'MTV KICKSTART' programme, the company will launch an annual
New Delhi: Senior IAS officers Ramesh Abhishek and Girish Shankar have been appointed as new secretaries for departments of Industrial Policy and Promotion, and Heavy Industries, respectively, as part of top level bureaucratic rejig effected
New Delhi: Finance Minister Arun Jaitley has said the BJP was “never” in favour of allowing foreign direct investment in multi-brand retail and a recent government notification only published the extant policy on it.“Let's be
New Delhi: The Commerce and Industry Ministry has turned down a proposal of the Consumer Affairs Ministry to bring the e-commerce sector under the purview of nine different departments, saying it would create problems for
New Delhi: In a bid to boost domestic defence manufacturing, the Commerce Ministry on Tuesday said it has cleared 33 proposals in the sector.According to the Department of Industrial Policy and Promotion (DIPP), it has
New Delhi: Foreign Direct Investment into the country declined by about 38 per cent, year-on-year, to USD 2.91 billion in September, according to the Department of Industrial Policy and Promotion.In September 2012, the country had
New Delhi: A government panel has suggested flexible labour laws and simplified taxation system, among other things, to improve manufacturing in small units.The inter-ministerial committee (IMC), headed by Micro, Small and Medium Enterprises (MSME) Secretary
New Delhi: Foreign direct investment in the pharma sector has more than doubled to USD 1.07 billion during April-August period amid concerns over increasing acquisitions of domestic firms by multinationals.FDI in drugs and pharmaceuticals was
New Delhi: Foreign Direct Investment (FDI) into India declined to 8-month low of USD 1.4 billion in August, down 38 percent year-on-year.FDI had touched a low of USD 1.10 billion in December last year.In August
New Delhi: Worried over persisting slump in the manufacturing segment, the Commerce and Industry Ministry is working on a proposal on giving interest subsidy as part of its efforts to shore up growth in the
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