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10 Takeaways From Nirmala Sitharaman's Announcements For Defence, Aviation
Finance Minister Nirmala Sitharaman detailed reforms to eight sectors today in the fourth tranche of announcements related to the government's Rs 20 lakh crore package for the coronavirus-hit Indian economy. Among today's big-ticket measures were a 25 per cent increase in FDI in the defence sector and removal of government monopoly on coal mining. ...
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Budget 2020: Aviation Experts Seek Rationalisation Of Taxes On Aviation Turbine Fuel
Ankur Bhatia, Managing Director, Amadeus, Indian Subcontinent believes "the government should actively consider addressing the two concerns the aviation industry is currently grappling with. First, a hike in foreign direct investment is highly warranted. Other sectors have been allowed to have FDI via automatic route. Considering the fact aviation ...
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Tax For Wealthy, Focus On Poor: Nirmala Sitharaman's Budget In 10 Points
Finance Minister Nirmala Sitharaman raised taxes for the super-rich and hiked duties on fuel, gold and automobile parts in her first Budget on Friday, in measures aimed at tackling a five-year low in growth while tightening fiscal consolidation. To restart investment, Prime Minister Narendra Modi's government also eased FDI in the insurance and avi...
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Winners and Losers: Who Got How Much in Budget 2019
In her budget speech Finance Minister Nirmala Sitharaman announced plans to sell India's first global sovereign bonds and ease rules for overseas investors to help revive economic growth
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Centre Suggests Easing Foreign Investment Norms For Media, Aviation
The government today proposed relaxation in Foreign Direct Investment (FDI) norms for sectors such as media, aviation, insurance, and single brand retail.
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In Budget, Centre Proposes FDI Norm Relaxation In Media, Aviation, Insurance
The government on Friday proposed relaxation in the FDI norms for sectors such as media, aviation, insurance, and single brand retail with a view to attract more overseas investment.
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Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...
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Home Ministry Gave Security Clearance To 6,200 Proposals, FDI In 2 Years
The Home Ministry has given security clearance to more than 6,200 proposals, including 134 foreign direct investment plans, in the past two years in critical sectors such as defence, civil aviation and telecom, the government told the Lok Sabha Tuesday.
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Stocks Win Some, Lose Some, Global Triggers Hold The Cards
Government's decision to open up foreign direct investment in defence, pharma aviation, single-brand retail and broadcasting, among others, was music to investors' ears.
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FDI Jumps 77% To $5 Billion In September
The government relaxed FDI norms in various sectors, including defence and civil aviation to boost FDI in the country.
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Relaxation Of Foreign Investment Rules Credit Positive: Moody's
Government's decision to relax foreign direct investment in sectors including defence, aviation, and retail is a positive development for the country's sovereign ratings, said Moody's Investors Service on Monday.
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Air Operator Permit Policy To Be Amended For New FDI Norms
The government on Thursday said it will amend the existing policy for grant of air operator permit (AOP) to bring it in line with its recent decision to allow 100 per cent foreign direct investment in domestic airlines.
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Airlines 'Are Not Demons', Minister Says Against Capping Airfares
Airlines might not be "angels but definitely they are not demons", Civil Aviation Minister Ashok Gajapathi Raju on Thursday said amid concerns over arbitrary hike in airfares and emphasised that carriers have been responsive during crises.
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Ratan Tata's Aviation Ambitions Now A Step Closer
Officially at least, Ratan Tata, patriarch of one of India's wealthiest business families, retired in late 2012. In reality, he has been a driving force behind Tata's bet on airlines and a rare public campaign to open up the booming aviation sector.
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New FDI Norms Remove Ambiguity, Cut Down Approvals: Finance Secretary
The government has done away with an additional layer of approvals as well as removed ambiguities in the provisions while further opening doors for foreign direct investment (FDI) in nine sectors, Finance Secretary Ashok Lavasa said on Wednesday.
-
10 Takeaways From Nirmala Sitharaman's Announcements For Defence, Aviation
Finance Minister Nirmala Sitharaman detailed reforms to eight sectors today in the fourth tranche of announcements related to the government's Rs 20 lakh crore package for the coronavirus-hit Indian economy. Among today's big-ticket measures were a 25 per cent increase in FDI in the defence sector and removal of government monopoly on coal mining. ...
-
Budget 2020: Aviation Experts Seek Rationalisation Of Taxes On Aviation Turbine Fuel
Ankur Bhatia, Managing Director, Amadeus, Indian Subcontinent believes "the government should actively consider addressing the two concerns the aviation industry is currently grappling with. First, a hike in foreign direct investment is highly warranted. Other sectors have been allowed to have FDI via automatic route. Considering the fact aviation ...
-
Tax For Wealthy, Focus On Poor: Nirmala Sitharaman's Budget In 10 Points
Finance Minister Nirmala Sitharaman raised taxes for the super-rich and hiked duties on fuel, gold and automobile parts in her first Budget on Friday, in measures aimed at tackling a five-year low in growth while tightening fiscal consolidation. To restart investment, Prime Minister Narendra Modi's government also eased FDI in the insurance and avi...
-
Winners and Losers: Who Got How Much in Budget 2019
In her budget speech Finance Minister Nirmala Sitharaman announced plans to sell India's first global sovereign bonds and ease rules for overseas investors to help revive economic growth
-
Centre Suggests Easing Foreign Investment Norms For Media, Aviation
The government today proposed relaxation in Foreign Direct Investment (FDI) norms for sectors such as media, aviation, insurance, and single brand retail.
-
In Budget, Centre Proposes FDI Norm Relaxation In Media, Aviation, Insurance
The government on Friday proposed relaxation in the FDI norms for sectors such as media, aviation, insurance, and single brand retail with a view to attract more overseas investment.
-
Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...
-
Home Ministry Gave Security Clearance To 6,200 Proposals, FDI In 2 Years
The Home Ministry has given security clearance to more than 6,200 proposals, including 134 foreign direct investment plans, in the past two years in critical sectors such as defence, civil aviation and telecom, the government told the Lok Sabha Tuesday.
-
Stocks Win Some, Lose Some, Global Triggers Hold The Cards
Government's decision to open up foreign direct investment in defence, pharma aviation, single-brand retail and broadcasting, among others, was music to investors' ears.
-
FDI Jumps 77% To $5 Billion In September
The government relaxed FDI norms in various sectors, including defence and civil aviation to boost FDI in the country.
-
Relaxation Of Foreign Investment Rules Credit Positive: Moody's
Government's decision to relax foreign direct investment in sectors including defence, aviation, and retail is a positive development for the country's sovereign ratings, said Moody's Investors Service on Monday.
-
Air Operator Permit Policy To Be Amended For New FDI Norms
The government on Thursday said it will amend the existing policy for grant of air operator permit (AOP) to bring it in line with its recent decision to allow 100 per cent foreign direct investment in domestic airlines.
-
Airlines 'Are Not Demons', Minister Says Against Capping Airfares
Airlines might not be "angels but definitely they are not demons", Civil Aviation Minister Ashok Gajapathi Raju on Thursday said amid concerns over arbitrary hike in airfares and emphasised that carriers have been responsive during crises.
-
Ratan Tata's Aviation Ambitions Now A Step Closer
Officially at least, Ratan Tata, patriarch of one of India's wealthiest business families, retired in late 2012. In reality, he has been a driving force behind Tata's bet on airlines and a rare public campaign to open up the booming aviation sector.
-
New FDI Norms Remove Ambiguity, Cut Down Approvals: Finance Secretary
The government has done away with an additional layer of approvals as well as removed ambiguities in the provisions while further opening doors for foreign direct investment (FDI) in nine sectors, Finance Secretary Ashok Lavasa said on Wednesday.
