12.04.2012 - India liberalizes commodity exchange norms

India's Ministry of Commerce & Industry released an updated 'Consolidated Foreign Direct Investment Policy Document,' liberalizing norms for commodity exchanges, non-banking finance companies or NBFCs and foreign institutional investors or FIIs. As per the policy document, foreign investment in commodity exchanges will become easier now, while import of second-hand capital goods getting tougher...............................................Full Article: Source

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