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FDI

Space Liberalisation

In a bold move signalling a paradigm shift in its approach to space exploration, India has opened its doors wider to the global space industry.

FDI flows jump to 21-month high in Oct

The net Foreign Direct Investment (FDI) flowing into India reached a 21-month high in October reflecting the strengthening fundamentals of the economy, according to data compiled by the RBI.

Cost of subsidy

Media reports over the past week have quoted Karnataka’s Deputy Chief Minister DK Shivakumar as having said he lacks funds to pursue development projects after the state government fulfilled the Congress party’s five poll promises which are thought to have been instrumental in helping it to a famous victory in the Assembly election.

Institutions and Economy~II

In the last decade or so, there has been a renewed urge to implement the reform process. India has reaffirmed its policy to follow fiscal prudence, with a new time path for reducing the national fiscal deficit to 3 per cent of GDP.