FDI cap raised in key sectors: All you need to know

FDI in telecom sector raised to 100 per cent from 74 per cent. Inter-ministerial body Telecom Commission had earlier approved hiking the FDI limit in the sector to 100 per cent In the insurance sector 49 per cent FDI will be allowed under the automatic route to woo foreign companies who may be wary of bureaucratic hurdles In the petroleum refining sector, the existing FDI cap of 49 per cent through Foreign Investment Pro...