India to allow foreign direct investment from Pakistan

India has decided in principle to allow foreign direct investment (FDI) from Pakistan, Trade Minister Anand Sharma said on Friday.

April 13, 2012 / 18:03 IST

India has decided in principle to allow foreign direct investment (FDI) from Pakistan, Trade Minister Anand Sharma said on Friday, in the latest sign of improving commercial ties between the nuclear-armed rivals.

first published: Apr 13, 2012 12:46 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347