Change in FDI policy needs to be notified under FEMA for its implementation. "Provided that an entity of a country, which shares land border with India or the beneficial owner of an investment into India who is situated in or is a citizen of any such country, shall invest only with the Government approval," it said.
Brands have launched branded e-commerce websites in addition to their products being available on third party platforms. Having their own websites allows businesses to engage directly with customers giving them an opportunity to understand consumer behaviour and harness data
Non-Resident Indians (NRIs) and Overseas Citizen of India (OCIs) do not require prior approval of the Reserve Bank of India (RBI) for buying or selling immovable properties like houses in India, the central bank said on Wednesday.
MIB directs non-compliant digital news platforms to abide by 26% FDI cap policy adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.