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FIIs, FPIs can invest up to 49% in Gammon Infra Projects: RBI

The Reserve Bank today said that Foreign Institutional Investors (FIIS) and Foreign Portfolio Investors (FPIs) can now invest up to 49 per cent in Gammon Infrastructure Projects Ltd. The RBI said in a statement issued today that the purchases could be made through primary market and stock exchanges....


Govt approves 21 FDI proposals worth Rs 281 cr

Government has approved twenty one proposals of Foreign Direct Investment amounting to over 280 crore rupees. The FDI proposals were approved based on recommendations of the Foreign Investment Promotion Board, FIPB in its meeting held on 30th April. FDI proposals under approval route are cleared by...


Enough food stocks to keep prices under check: CEA Arvind Subramanian

Chief Economic Advisor Dr. Arvind Subramanian has said there are good signs that the country's economy is on a recovering path. However, the economy needs policy support to boost consumption through cheaper financing and public investment. Dr Subramanian was briefing media in New Delhi today.


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