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RBI
stalls proposed changes to FDI policy
Business Standard, August 24, 2010
Crucial changes to the foreign direct investment (FDI)
policy announced by the Ministry of Commerce &
Industry on March 31 have been stalled, with the
Reserve Bank of India (RBI) asking the ministry to
furnish a “rationale” for the amendments before
they are notified under the Foreign Exchange
Management Act.
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Russia Most Attractively Valued of BRIC Economies
Investment International, August 11, 2010
Russia is the most attractively valued BRIC market
but all these economies should continue to prosper
from strong domestic consumption, it is claimed.
Strong domestic consumption in Brazil, Russia,
India and China (BRIC) is a key driver of
continued strength in these markets according to
HSBC Global Asset Management.
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Ministry Okays Rs 1,54,512-crore Investment
Proposal
Business Standard, August 06, 2010
In a major boost for investment in the
petrochemical sector, the Indian Ministry of
Chemicals and Fertilisers has approved a proposal
of investments worth Rs 1,54,512 crore in three
regions under its flagship petroleum chemicals and
petrochemicals investment regions (PCPIR) policy.
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