August 15, 2026 07:14 am (IST)
Follow us:
Cabinet approves 49 pct FDI in defence
New Delhi, Aug 6 (IBNS) In a significant move, the Union Cabinet on Wednesday cleared the proposal of raising the Foreign Direct Investment (FDI) limit in defence to 49 percent, media reports said.
The FDI limit in the sector was raised from 26 percent to 49 percent.
In the Railways sector, the Cabinet approved a proposal to allow 100 percent FDI for building the infrastructure.
The decisions were taken during a Cabinet meeting on Wednesday.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
HCG Q1 results: Cancer care major posts 190% jump in adjusted profit, revenue rises 13%
Fri, Aug 14 2026
Big relief for Zee Entertainment: SAT allows warrants issue, dividend access despite SEBI ban
Fri, Aug 14 2026
Olectra Greentech Q1 shocker: Revenue soars 66%, profit barely moves; shares crash 4%
Fri, Aug 14 2026
Red Friday on Dalal Street: Sensex plunges 300 points, Nifty slides amid geopolitical tensions
Fri, Aug 14 2026
Tata Motors shares jump 6% after Q1 profit soars 83% to ₹2,560 crore
Thu, Aug 13 2026
RVNL posts strong Q1 numbers, but shares fall sharply
Thu, Aug 13 2026
Profit soars 39%, but Grasim stock crashes 3% after Q1 results
Thu, Aug 13 2026
Sensex plunges 170 points, Nifty nears 24,350 as market takes a hit
Thu, Aug 13 2026