Foreign direct investment slideshare

New Delhi: The Union Cabinet on Wednesday finally approved the relaxation in foreign direct investment (FDI) norms in various sectors including single-brand retail and digital media. Briefing reporters on the decisions taken by the Union Cabinet headed by Prime Minister Narendra Modi, Commerce and Industry Minister Piyush Goyal said 100 per cent foreign direct investment (FDI) under automatic route in coal mining and associated infrastructure has been approved. The Union Cabinet also approved 100 per cent FDI under automatic route in coal mining and associated infrastructure. To boost domestic manufacturing, 100 per cent FDI in contract manufacturing under automatic route has been allowed, he said, adding that 26 per cent FDI has been allowed in digital media. "On FDI in single brand retailing, the Cabinet has expanded the definition of mandatory 30 per cent domestic sourcing norm. It also allowed single brand retailers to start online sales, waiving the … [Read more...] about Good News! Govt Relaxes Foreign Investment Norms In Retail; 100% FDI In Coal Mining

Alabama Republican Congressman Mo Brooks dismissed the House Democrat-led impeachment inquiry over President Donald Trump's Ukraine dealings, saying the U.S. should always demand returns when offering foreign aid.Speaking earlier this week on an Athens/Huntsville, Alabama-based WVNN radio program, Brooks said the United States should be asking for something in return from countries who receive food or military aid. Brooks said there should "always be quid pro quo" between any two responsible governments, specifically that aid is used for purposes which mutually benefit U.S. security and foreign interests.Brooks was among several Republican members of Congress who stormed the House Intelligence Committee hearings on impeachment Wednesday.The president has repeatedly denied any quid pro quo dealings have ever occurred between himself and a foreign government."Let me be real clear: In every instance in which the United States government gives another country something, whether it be … [Read more...] about GOP Rep Says U.S. Should Demand Quid Pro Quo When Giving Foreign Aid

Secretary of State Mike Pompeo told his Russian counterpart on Tuesday that President Donald Trump is "committed to improving" ties with Moscow, as the two leaders met face to face in Sochi, Russia. "I'm here today because President Trump is committed to improving this relationship," Pompeo told Russian Foreign Minister Sergey Lavrov. "As I think you said, we have differences. We, each country, will protect its own interests, look out for its own interests of its people," he continued. Prior to Pompeo's comments, Lavrov welcomed the Trump administration official to the talks. "I believe an important prerequisite for success of our dialogue is to rebuild trust at all levels of our dialogue," the Russian official said through a translator. "Considering that we have met over the past two weeks for two times, that's a reason for some optimism," he added. "Let's try and see what happens." Pompeo is also scheduled to meet with Russian President Vladimir Putin during his current trip. The … [Read more...] about Trump ‘Committed to Improving This Relationship’ With Russia, Pompeo Tells Russian Foreign Minister

"There have been indications in the Trump administration that Donald Trump feels like he was deceived by John Bolton and [Special Envoy for Venezuela] Elliott Abrams", Zeese said regarding Bolton’s efforts to force a change of government in Venezuela by claiming popular support for opposition leader and self-proclaimed president Juan Guaido. "In fact, the people of Venezuela support President [Nicolas] Maduro". Zeese noted that Bolton has also undermined Trump’s efforts to withdraw the United States from Syria and strike a deal to denuclearize North Korea. In addition, Zeese said Bolton is undermining the Trump administration on Iran as well, given that he wants the United States to go to war with Iran while Trump does not. "And now in Venezuela, he is undermining Trump. So there's a split in the government. I think that fissure is breaking open", Zeese said. In May, the US Secret Service and State Department security arrested Zeese and three other activists who had been … [Read more...] about Bolton Foreign Policy Causing Division in Trump Administration – US Activist

White House National Security Adviser Robert O'Brien said the administration is working to set up an official visit between President Donald Trump and Russian Foreign Minister Sergey Lavrov, prompting critics to question the timing of such a rendezvous.O'Brien told Face the Nation host Margaret Brennan that a "reciprocity" visit between Trump and Lavrov is being planned for the coming weeks in order to discuss a wide range of issues including "arms control." When pressed for comment about any details regarding the potential visit, which would be Lavrov's first to the White House since 2017, O'Brien replied, "You'll have to wait and see."O'Brien reiterated that the Trump administration is simply trying to return the favor after Russian President Vladimir Putin met with Secretary of State Mike Pompeo earlier this year. O'Brien did not address continued criticism from House Democrats, including House Intelligence Chairman Adam Schiff, that the Trump administration has been too cozy with … [Read more...] about White House Planning Trump Visit With Russian Foreign Minister, National Security Adviser Says