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India relaxes foreign direct investment rules

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PM Modi is trying to lure foreign capital to revive an economic growth that is seen expanding at the slowest pace since 2014.

New Delhi

INDIAN Prime Minister Narendra Modi eased restrictions on foreign direct investment across several sectors, including allowing overseas airlines to invest in state carrier Air India Ltd, in a bid to revive growth in Asia's third-largest economy.

Foreign carriers can buy...

sentifi.com

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