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Top headlines: Automatic nod for China FDI, Govt eyes Rs 6,200 cr in AGR

After being relegated to the second spot in the previous two fiscal years, China again became India's biggest trading partner in the first nine months of FY21. Read top stories with Business Standard

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The government is looking at easing restrictions for Chinese FDI by allowing companies to invest up to 25 per cent in a company through automatic route

BS Web Team

3 min read Last Updated : Feb 24 2021 | 8:02 AM IST

Automatic approval likely for China FDI proposals up to 25% equity

The government is looking at easing restrictions for Chinese foreign direct investment (FDI) by allowing companies from the bordering country to invest up to 25 per cent in a company through automatic route. This is being discussed only for non-sensitive sectors such as manufacturing, automobile, services and technology. Read more

Govt eyes Rs 6,200 crore in AGR dues from Airtel, Voda Idea by March 31

Bharti Airtel and Vodafone Idea may have to shell out around Rs 2,600 crore and Rs 3,650 crore, respectively, of their adjusted gross

Topics : Coronavirus FDI top news of the day China India FDI telecom sector in India Rabi crops telecom sector India Inc Airtel Vodafone Idea Rising bond yeilds farmers protest Rabi crop

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