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Foreign investor norms eased to accelerate capital inflows
The government today allowed qualified foreign investors (QFIs) from six member-countries of the Gulf Cooperation Council (GCC) and 27 countries of the European Commission (EC) to invest in the Indian capital market to enhance foreign capital inflows. Saudi Arabia, Bahrain, the United Arab Emirates (UAE), Oman, Qatar and Kuwait are the six countries. With this, a $1-billion window over and above the

Unavailability of land, water hold up pellet projects
Issues pertaining to availability of suitable land and water have held up 20 new projects in the steel sector in the areas of pelletisation and beneficiation.

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India, Myanmar underline importance of enhancing connectivity

India and Myanmar on Monday emphasised the importance of enhancing connectivity between the two countries as a means of promoting commercial, cultural, touristic and other exchanges between the

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PM's Myanmar visit: Joint Statement
Nay Pyi Taw, May 28 (IBNS) Joint Statement on the occasion of the visit of Prime Minister of India Dr Manmohan Singh to Myanmar:

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PM Singh meets Myanmar President

Indian Prime Minister Manmohan Singh, who is on a three-day trip to Myanmar, met the country's President U Thein Sein on Monday in an attempt to develop the diplomatic relationship between the two Asian nations.

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NRIs likely to be allowed to invest through new route

The Securities and Exchange Board of India (Sebi) is planning to make clarifications in the Qualified Foreign Investor (QFI) framework that will enable non-resident Indians (NRIs) to make investments,

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