September 10, 2020 11:27 am
Under the existing policy, the defence industry can bring FDI up to 49 per cent under the automatic route, and above it “under government route, wherever it is likely to result in access to modern technology or for other reasons to be recorded”.
May 16, 2020 6:53 pm
Finance Minister Nirmala Sitharaman said that the government will notify a list of weapons/platforms banned for imports. Such items can only be purchased from India.
May 27, 2014 12:46 pm
Budget preparations could be aided by the smaller size of the Cabinet, which could mean less deliberations and lobbying by ministries for allocations and schemes.
May 09, 2010 11:39 am
CII said that the industry is opposed to 100 per cent FDI in the defence sector.