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The Finance Ministry has pitched for lifting curbs on wheat exports so that India could take advantage of the crop's scarcity in the global market due to production loss in countries like Russia and Pakistan. India could make use of the global scarci Full Article

The government has decided to allow Indian companies to freely enter into share-swap deals with foreign firms to facilitate cross-border mergers and acquisitions, provided such deals are consistent with the country’s policy on foreign direct investment (FDI). Full Article

The government is planning to tighten norms governing FDI through partly-paid shares, convertible warrants and units issued by venture capital funds (VCFs), as it looks to prevent misuse of these popular instruments. The finance ministry and the department of industrial policy & promotion (DIPP) have decided that the conditions such as sectoral ceilings, minimum-capitalisation and lock-in period governing foreign investment through equity should be applicable to these in.. Full Article