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FDI In Defence Sector Increased To 74%
The government has raised investment cap in defence sector via the automatic route to 74% for companies looking for new industrial licenses. And further from here they will need approval beforehand. The decision has been take to boost FDI in ...
Pension Rules Changed For Armed Forces Personnel
On Wednesday, the defence ministry in a statement said that the government has decided to allow Invalid Pension to Armed Forces Personnel with less than 10 years of qualifying service. "Invalid pension is granted to the Armed Forces Personnel who is ...
Pension Rules Changed For Armed Forces Personnel
India-US Sign 3 Deals At Trump's 2-Day Visit To India
On Tuesday, India and the US inked three MoUs (Memorandum of Understanding) including one in the energy sector, as Prime Minister Narendra Modi asserted that the two countries have decided to take Indo-US ties to comprehensive global partnership level. Trump announced ...
India Us Sign 3 Deals At Trump S 2 Day Visit To India
Price of diesel sold to bulk consumers cut by Rs 1.09/litre
Price of diesel sold to bulk consumers like Railways and State Transport Corporations was today cut by Rs 1.09 per litre in line with falling international rates. However, diesel sold to retail consumers like cars and trucks have not been ...
FIIs pour Rs 17,000 crore in Indian mkts in July
Continuing to bet big on the reform agenda of Narendra Modi-led government, overseas investors have poured in nearly Rs 17,000 crore in the Indian markets since the beginning of the month. Net investments by foreign investors in equity market stood ...
Fiis Pour Rs 17 000 Crore Indian Mkts July
Govt Further Eases Norms for Entry Into Defence Production
The government today further eased the process of obtaining an industrial licence for defence production activities by doing away with the requirement of submission of an affidavit with regard to safety and security procedures. "It has been decided that the ...
Govt Further Eases Norms Entry Into Defence Production
Defence ministry suggests 49% FDI in defence sector
The defence ministry has suggested raising the cap in FDI in defence sector to 49 per cent from 26 per cent now to help in developing partnerships between Indian and foreign military hardware manufacturing firms. The ministry is in favour ...
Move to streamline industrial licensing to help new players
Industry body CII has welcomed the government's move to streamline the industrial licensing process for defence equipment, saying it would bring more clarity to the procedures and encourage new entrants into the sector. Stating that the Indian defence industry is ...
Move Streamline Industrial Licensing Help New Players
FDI in defence cos to remain at Aug, 2013 level
New Delhi: The government on Thursday said that companies engaged in defence manufacturing will not be allowed to further increase foreign portfolio investment beyond August last year level. "FPI/FII (through portfolio investment) in companies holding defence licence as on 22 ...
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