India eyes further easing of FDI rules

( October 31, 2016, 05:20 GMT | Insight) -- The Indian government is looking to further ease foreign direct investment rules in retail and other sectors to bring more foreign money into the country, the Financial Express reports. The Indian government is looking to further ease foreign direct investment rules in retail and other sectors to bring more foreign money into the country, the Financial Express reports. It is looking in particular at certain financial services, non-litigious segments of the legal sector such as transactional legal services and international arbitration, and the information and broadcasting sectors. In retail, easing could initially be implemented through procedural changes rather than direct liberalization. US Trade Representative Michael Froman earlier this month urged India to further open its retail and financial services markets to improve the business climate. ...

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