will push ahead withfinancial sector reforms as they will not destablise growth and Asia'sthird-largest economy can absorb a welcome rise in foreign investment flows, atop policy adviser said on Wednesday.Montek Singh Ahluwalia, thedeputy chairman of Planning Commission and a close aide to the prime minister,also said food price inflation was a concern but it should moderate by the endof this year.Addressing...
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NEW DELHI: India will push ahead with financial sector reforms as they will not destablise growth and Asia's third-largest economy can absorb a welcome rise in foreign investment flows, a top policy adviser said on Wednesday. Montek Singh Ahluwalia, the deputy chairman of Planning Commission and a close aide to the prime minister, also said food price inflation was a concern but it should moderate...
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Govt to push reforms, welcomes inflows - Ahluwalia < ');" class="arial11blue1"> RateIndia will push ahead with financial sector reforms as they will not destablise growth and Asia's third-largest economy can absorb a welcome rise in foreign investment flows, a top policy adviser said on Wednesday.Montek Singh Ahluwalia, the deputy chairman of Planning Commission and a close aide to the prime minister,...
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Foreign investment in airports could soon come under the watch of security agencies even though 100% FDI in greenfield projects is allowed under the automatic route. Responding to concerns of the home ministry and various other departments, a new suggestion is now under discussion to alert security agencies as soon as foreign investment starts flowing into airport projects. The commerce & industry...
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NEW DELHI: Revival of foreign investment flows into India is a welcome move and the country can absorb them, the deputy chairman of Planning Commission said on Wednesday. Montek Singh Ahluwalia said he was not concerned about the surge in foreign portfolio investments. "We can absorb those foreign investment flows," he said....
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NEW DELHI: The government has started insisting that the power to legally direct the actions of a company should at all times be in Indian hands if the investments it makes in other companies are not to be classified as foreign investment. The attempt to plug the loophole in the foreign direct investment (FDI) rule follows widespread criticism that the new rules will allow foreign investment in excess...
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Foreign investment in airports couldsoon come under the watch of security agencies even though 100% FDI ingreenfield projects is allowed under the automatic route. Responding to concernsof the home ministry and various other departments, a new suggestion is nowunder discussion to alert security agencies as soon as foreign investment startsflowing into airport projects.The commerce & industry ministryhas...
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finance minister can approve foreign investment up to Rs 1,200 crore without going to the Cabinet if a proposal of the Department of Industrial Policy and Promotion to fastrack clearance of foreign direct investment is accepted. At present, a project with investment of more than Rs 600 crore in sectors routed through the Foreign Investment Promotion Board (FIPB) has to be referred to the Cabinet Committee...
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The Finance Minister can approve foreign investment up to Rs 1,200 crore without going to the Cabinet if a proposal of the Department of Industrial Policy and Promotion to fastrack clearance of foreign direct investment is accepted. At present, a project with investment of more than Rs 600 crore in sectors routed through the Foreign Investment Promotion Board (FIPB) has to be referred to the Cabinet...
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The Finance Minister can approve foreign investment up to Rs 1,200 crore without going to the Cabinet if a proposal of the Department of Industrial Policy and Promotion to fastrack clearance of foreign direct investment is accepted.At present, a project with investment of more than Rs 600 crore in sectors routed through the Foreign Investment Promotion Board (FIPB) has to be referred to the Cabinet...
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