The Union Cabinet on Thursday approved the setting
up of a new rail coach manufacturing unit at Palakkad in Kerala to manufacture
400 coaches annually at an estimated cost of Rs. 550 crore.
Sunday, February 19, 2012
Pakistan may be allowed to invest in India
The
Commerce Ministry has proposed to the Finance ministry to exempt Pakistan from
the Foreign Exchange Management Act (FEMA) regulations. Once the go-ahead
comes, foreign direct investment from Pakistan will be possible through the
Foreign Investment Promotion Board (FIPB).
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