Economic growth likely to hit 7.5 pc in FY19: Niti VC Rajiv Kumar

The government should now concentrate on consolidating the reform initiatives undertaken in the last 47 months, he added.

Idea's proposal seeking 100 pc FDI under consideration of DIPP

The proposal assumes significance against the backdrop of pending merger of Idea Cellular Ltd and Vodafone India.

Only FDI clearance for Idea is pending before merger of Vodafone.

India is among the most favoured FDI destinations and the annual FDI inflows to the country is expected to rise.

Farmer associations and industry on Wednesday shared mixed views in a meeting called by the commerce and industry ministry.

Cyprus, an island country in the Eastern Mediterranean, has also made promising offshore gas discoveries.

Currently, while 100 per cent FDI was allowed in single-brand retail, foreign investment beyond 49 per cent needed government permission.

The sectors, which could be considered for further relaxation, include construction and single brand retail.

FDI during April-September this fiscal grew by 17 per cent to USD 25.35 billion.

CAD increased to USD 14.3 billion, or 2.4 per cent of GDP in the first quarter of the current fiscal.