Centre approves 23 FDI proposals

Centre approves 23 FDI proposals worth ₹10,378 cr The government has approved 23 proposals for foreign direct investment (FDI) worth ₹10,378.92 crore.This includes 12 from pharmaceutical majors such as Glaxo, Novartis, Mylan and Natco.The approvals were given based on recommendations by the Foreign Investment Promotion Board (FIPB) in its meeting on July 13.Thirteen proposals, including […]

India received $ 24 billion in FDI from EU in last 3 years

NEW DELHI: Despite the Free Trade Agreement talks with the European Union being in limbo, India has received an impressive $24 billion in foreign direct investment from the 28-nation bloc over the last three years.   As per official figures, India received $6.23 billion in FDI equity inflows from EU in 2012-13 which increased to […]