Cabinet Approves 100 PC FDI In Retail, Construction| Mathrubhumi News

New Delhi:In major changes liberalising foreign direct investment in key sectors, the Union Cabinet on Wednesday approved 100 per cent foreign investment in single brand retail trading (SBRT) and construction development and decided to open up Air India for FDI up to 49 per cent. Besides, the government also decided that foreign institution investors and portfolio investors be allowed to invest in power exchanges through primary market and amended the definition of medical devices in its FDI policy. The decisions, taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi, were intended to liberalize and simplify the FDI policy to provide ease of doing business. Connect with Mathrubhumi News: Visit Mathrubhumi News's Website: http://www.mathrubhumi.com/tv/ Find Mathrubhumi News on Facebook: https://www.fb.com/mbnewsin/ ----------------------------------------------------- Mathrubhumi News (മലയാളം: മാതൃഭൂമി ന്യൂസ്) is a 24-hour Malayalam television news channel and is one of Kerala's most viewed TV channels. Owing to its varied presentation style and reliable content, Mathrubhumi News has become the fastest growing news channel in Kerala. More than just a news channel, Mathrubhumi News features a host of programmes that relate to various aspects of life in Kerala. Some of the frontline shows of the channel include: Super Prime Time, the No.1 prime time show in Kerala, the woman-centric news programme She News and Nalla Vartha a news program that focuses on positive news. Mathrubhumi News is an initiative by The Mathrubhumi Printing & Publishing Co. Ltd. Mathrubhumi News. All rights reserved ©.