“The Indian government recently loosened restrictions on direct foreign investment, expecting a number of major retailers like Walmart and other companies to come rushing in. The companies have instead stayed away, worried not only by the government’s constant policy changes but also by the widespread and endemic corruption in Indian society. Wednesday night, the government announced measures to restrict the amounts that individuals and local companies could invest overseas without seeking approval. It was an astonishing move in a country where a growing number of companies have global operations and ambitions.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
We need to talk about Europe's 'right to be forgotten': Google
Obama picks Goldman Sachs exec for ambassador to Canada
Pentagon: U.S. sends team of Marines to Yemen
Protesters block another Google bus, plan march against evictions
HK property developers push HK$1.3 billion in home loans to buyers
Mongolia looks for second chance with foreign investors
Eating whole fruit lowers diabetes risk, but drinking fruit juice raises it
Amsterdam forced Jews to pay rent while in WWII concentration camps
Snowden's Hasty Exit Started With Pizza Inside a Hong Kong Hideout
Dry California Fights Illegal Use of Water for Cannabis
Brazil Builds Internet Cable To Portugal To Avoid NSA Surveillance [2014]
China Bitcoin Exchange Restores Deposit Facility
Cops lock down Bronx elementary school after gun rumor sparked by talk about toy
EU Expands Russia Sanctions, Includes Aeroflot's Low-Cost Subsidiary
Police Raid Wrong House, Kill 61-Year Old Man