January 30, 2026 07:57 pm (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
Swiggy shares sink 7% after Q3 loss widens despite 54% revenue surge
Fri, Jan 30 2026
Vedanta shares plunge 8% amid metals sell-off despite record Q3
Fri, Jan 30 2026
ITC posts 9.9% rise in Q3 profit, announces ₹6.50 interim dividend; flags tax hike risks to cigarette volumes
Fri, Jan 30 2026