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Thursday, 29 August 2019

Govt courts global investors, opens doors to more FDI

The government on Wednesday allowed foreign direct investment (FDI) in coal mining, contract manufacturing and digital media, while easing rules for single-brand retail to make it attractive for global brands such as Uniqlo, Apple and IKEA to invest in the country. Separately, the finance ministry has notified rules allowing 100% FDI for insurance intermediaries.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Hy6YZA

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