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India – the most open economy in the world for FDI

The Government of India has announced a very liberalized new Foreign Direct Investment (FDI) Policy and with the changes in the FDI Policy, India is now the most open economy in the world for FDI. The new amendments seek to

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India raises gold import tax

In a bit to tackle its trade deficit, Indian government has raised import tax on gold from 4% to 6%. India’s trade deficit has hit a record 5.4% of total economic output between July and September last year. Some analysts

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Indian Government Wins Vote on Retail Reform

India’s minority government narrowly won a final vote in parliament on Friday for its controversial move to allow in foreign supermarkets, giving a boost to its reform agenda. After heated debate, members in the upper house finally voted ‘yes’ to

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