| 07.10.2008 - India weighs 100% FDI in commodity broking biz |
| From Indiatimes.com: The government may soon allow 100% foreign direct investment (FDI) in commodity broking business. The proposal has obtained in-principle approval of the finance ministry and department of industrial policy & promotion (Dipp). However, the views of the Reserve Bank are awaited and a final decision is expected after the central bank’s stand on the issue is considered. As of now, only 12 services under the financial services category are open for FDI..... Full Article: Source |