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Govt permits FIIs, NRIs to invest in insurance sector under 26% FDI cap

General

06 February, 2014

Govt permits FIIs, NRIs to invest in insurance sector under 26% FDI cap

The government has permitted foreign institutional investors (FII) and non-residents Indians (NRIs) to invest in the insurance sector within the ......

Govt releases housing starts index; pilot survey shows activity sliding in Bangalore, Chennai and Kolkata

Infrastructure

03 February, 2014

Govt releases housing starts index; pilot survey shows activity sliding in Bangalore, Chennai and Kolkata

The Ministry of Housing and Urban Poverty Alleviation (Mo HUPA), in association with the Reserve Bank of India, on Monday ......

India's official GDP growth estimate for 2012-13 revised down from 5% to 4.5%

General

31 January, 2014

India's official GDP growth estimate for 2012-13 revised down from 5% to 4.5%

India revised down its economic growth for the fiscal year 2012/13 to 4.5 per cent from 5.0 per cent earlier, ......

Govt to review import restrictions on gold by end-March

General

27 January, 2014

Govt to review import restrictions on gold by end-March

India will review its tight curbs on gold imports by the end of March, the finance ministry said on Monday.India ......

Govt may cancel licences for 41 coal blocks

Manufacturing

17 January, 2014

Govt may cancel licences for 41 coal blocks

The government has informed the Supreme Court that it will scrap as many as 41 coal blocks allocated to private ......

Govt kicks off process to sell stake in Axis Bank

General

14 January, 2014

Govt kicks off process to sell stake in Axis Bank

The government has invited bids from nine investment bankers to offload part of the stake it holds in private sector ......

Government's planned capex buoys new infrastructure projects as private investments hit trough

Infrastructure

06 January, 2014

Government's planned capex buoys new infrastructure projects as private investments hit trough

Infrastructure project starts are seeing an uptick led by investments by government departments and state-owned firms even as private sector ......

FDI drops 15% to $12.6B during April-October 2013

General

03 January, 2014

FDI drops 15% to $12.6B during April-October 2013

Foreign direct investment (FDI) inflows into India declined by 36.6 per cent in October to $1.23 billion compared with $1.94 ......

DoT pushes spectrum auction by 10 days

TMT

30 December, 2013

DoT pushes spectrum auction by 10 days

The Department of Telecommunications (DoT) has extended the dates related to the auction of spectrum in 1800MHz and 900MHz bands ......

Government may allow up to 74% FDI in railway projects

Infrastructure

30 December, 2013

Government may allow up to 74% FDI in railway projects

The outgoing United Progressive Alliance (UPA) government is expected to allow foreign investment up to 74 per cent in railway ......