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Sunday, August 9, 2026

Centre weighs 200% increase in foreign investment approval threshold

India's government is considering raising the foreign investment approval threshold significantly. This move aims to attract larger overseas investments and simplify the process. The current Rs 5,000 crore limit has been in place since 2015. Changes to downstream investment rules are also being explored to facilitate capital. These efforts are part of a broader strategy to boost economic growth.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/RZu9760

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US says Europe refused to join push for tariffs on India, China over Russian oil

Scott Bessent has criticized European nations for refusing to impose tariffs on India and China, which purchase Russian oil. He highlighted ...