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International Financial Services Centre
Budget 2019 sets the ball rolling for FDI in aviation
The government has proposed to hike the foreign direct investment (FDI) limit in domestic air carriers from existing 49%, Nirmala Sitharaman, finance minister of India said in her maiden budget speech. “The government will examine suggestions of further opening up of FDI in aviation, media and insurance sectors in consultation with all stakeholders,” Sitharaman said. […]
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