After hot dollars, India dives deep for sticky money
Synopsis The government appears to be shifting its focus from attracting short-term foreign capital to securing long-term foreign investment as it seeks to strengthen India’s
Synopsis The government appears to be shifting its focus from attracting short-term foreign capital to securing long-term foreign investment as it seeks to strengthen India’s external accounts.A reported proposal to raise the threshold for FDI projects requiring CCEA approval from ₹5,000 crore to ₹15,000 crore could ease approvals for large investors.