Mumbai: India lost a $3 billion investment by the China’s largest radial tyre maker because it found the red tape and corruption too cumbersome. The company went to Thailand where the ease of doing b

New Delhi: A key economic reforms legislation, the Pension Bill, that provides for investment of funds in equity market and opens the sector to at least 26 per cent FDI was on Wednesday passed by the

New Delhi: Finance Minister P. Chidambaram asserted again that there is no intention to introduce any capital control measures by the government and RBI, in New Delhi on Thursday.
But the minister ma

Washington/New Delhi: Global retail giant Walmart has stopped its lobbying with the US lawmakers on India-specific issues, after continuously seeking their support for about five years to facilitate

New Delhi: The Home Ministry has strongly opposed any move to increase the FDI cap in the broadcasting and print media, saying allowing more foreign investment in the sensitive sectors may compromise

New Delhi: BJP on Wednesday decried the government decision to increase FDI cap in telecom and insurance sectors, dubbing it as 'panic reaction' at a time when the economy is going downhill and sough

Mumbai: The rupee fell from a two-week high to close three paise lower at 59.34 against the dollar, failing to sustain gains driven by the easing of FDI norms in various sectors and the RBI's liquidi

Hyderabad: Strongly opposing the opening up of 12 key sectors, including defence, to foreign direct investment, TDP on Wednesday said the UPA government's move would further drive domestic investors

Mumbai: The rupee on Wednesday strengthened by 21 paise to hit a fresh two-week high of 59.10 in early trade at the Interbank Foreign Exchange market, after the government liberalised FDI limits in a

New Delhi: Opening the doors to shore up foreign investments, the government on Tuesday liberalised FDI limits in a dozen sectors, including allowing 100 per cent in telecom and higher limits in 'sta