The Indian government Thursday announced that it would allow calibrated FDI openings in retail and defence. In its assurances to the US Inc over its concerns on infrastructure, investments restrictions and other FDI impediments, the government said the challenges would be addressed promptly, with a blueprint to be made ready for talks ahead of US

Reports from the Indian Commerce Ministry revealed a tripled increase in foreign direct investments (FDI) inflows into the country in the last fiscal year ended March. According to the Indian Commerce Minister, Kamal Nath, the increased FDI was as a result of huge investments that were undertaken in the country by major foreign investors.  FDI