Relaxation in regulations to encourage foreign investments, consolidate gains
New Delhi, July 6 -- The budget on Friday proposed to permit 100% foreign direct investment (FDI) in insurance intermediaries like brokers, advisers and web aggregators, promised to ease local sourcing norms for single-brand retailers and to examine proposals for opening up wider to overseas investors in some sectors such as aviation, insurance and the media segment that comprises animation, visual effects, gaming and comics, or AVGC....
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