Corporates have been seeking a clarification on Shome panel report and with focus of the government on wooing investors, some relief may be expected in the Budget 2015-16.
Online retail, which contributed only 0.4 per cent to the overall retail market in 2014, is expected to reach 3 per cent of the total retail at $32 billion by 2020.
DIPP is giving final touch to the proposal of merging the limits of foreign direct and portfolio investments into, what is being called, a composite cap.
The relaxation of the FDI regime in the real estate sector may start to yield results with the government working on a quicker exit option for the investor