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    • Govt mulls easing sectoral restrictions to attract more FDI

      Govt mulls easing sectoral restrictions to attract more FDI

      The commerce and industry ministry is expected to discuss the sector specific issues with the departments and ministries concerned, sources said.

    • Foreign firms cash out as mutual funds near Rs 15lk cr mark

      Foreign firms cash out as mutual funds near Rs 15lk cr mark

      As the year 2015 draws to a close, data shows that total Asset Under Management (AUM) of the mutual fund industry crossed Rs 13.5 lakh crore mark for the first time, while more than 50 lakh new investor accounts have been added this year.

    • Union Budget 2015: It's net-net positive Budget; mkt fall immaterial: Religare

      Union Budget 2015: It's net-net positive Budget; mkt fall immaterial: Religare

      However, Gautam Trivedi of Religare Capital Markets too agrees that this Budget did not do much to revive domestic consumption. With the service tax hike, it is in fact a little negative, he adds.

    • IPL salary cap fixed at a whopping Rs 60 crore: report

      IPL salary cap fixed at a whopping Rs 60 crore: report

      A fresh auction is due before the cash-heavy league's seventh season as the players are contracted for a three-year period, which ended after the last season.

    • FIPB not to clear brownfield pharma FDI proposals: DIPP

      FIPB not to clear brownfield pharma FDI proposals: DIPP

      Brownfield pharma FDI proposals should not be cleared by FIPB, says DIPP

    • SpiceJet is 'attractively' placed for FDI, says CEO

      SpiceJet is 'attractively' placed for FDI, says CEO

      Delhi-based low fare carrier SpiceJet is attractively placed than its competitors to attract foreign direct investment believes Neil Mills, CEO of the airline. Mills, who seems to be optimistic on FDI in Indian aviation, tells CNBC-TV18 that once the proposal is cleared his airline will evaluate option.

    • On a bumpy ride; auto component makers upset with PN1 exit

      On a bumpy ride; auto component makers upset with PN1 exit

      According to the Press Note 1 (PN1), foreign JV partners do not need NOC from the Indian auto partner. Scrapping Press Note 1 is likely to have a huge impact on the auto component makers.

    • India could lead global economy this century: US

      India could lead global economy this century: US

      India could lead the global economy in the 21st century if it takes further steps on economic reforms and opens up more sectors to foreign players, the US said today.

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