India Investment Update.pdf

India_Investment_Envior-January2009.pdf
Preview of India Investment Update
🔗 Source: cuts-ccier.org
📊 Size: 105 KB
👤 Author: Administrator
⬇️ Downloads: 133

Summary

India expects record inward remittances of over $40 billion in 2008, with NRI remittances reaching a record high of $14.2 billion in the July-September quarter. The country's solid economic fundamentals and growth opportunities are attracting international brands. Changes in FDI rules are expected, including major reforms in FDI policy, liberalization of FDI norms in certain sectors, and changes in foreign investment caps. Specific proposals include allowing 100% FDI in fax editions of foreign newspapers, permitting foreign airlines to pick up stakes up to 25% in domestic carriers, and increasing the FDI limit for multi-system operators in the cable TV sector to 74%. However, FDI in nuclear power generation will not be allowed.

Description

India expects record inward remittances of over $40 billion in 2008, with NRI remittances reaching a record high of $14.2 billion in the July-September...

Technical Information

  • File Format: PDF
  • File Size: 105 KB
  • Pages: 5
  • Language: EN
  • Author: Administrator
  • Total Downloads: 133
  • Last Updated: 2 weeks ago

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