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Monday, June 22, 2020

Laws to be tweaked for check on Chinese FDI?

The government is looking to amend several laws – from the Companies Act to Sebi Act and Foreign Exchange Management Act (Fema) – to stipulate checks on foreign direct investment (FDI) from China and other neighbouring countries as part of an exercise to strengthen its vigil, while also creating a central database for overseas investments.

from Times of India https://ift.tt/2NnVFWo

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BJP’s Rajya Sabha strength falls below 100; may rise soon

A month after touching the mark of 100 seats for the first time in Rajya Sabha, BJP’s numerical strength has come down to 95 as five of its ...