DoT is waiting for DIPP to give clearance for raising the foreign direct investment (FDI) limit in Idea Cellular to 100 per cent before approving the merger of Vodafone India with the Aditya Birla group firm, as per official sources.

Good times are back in the domestic steel industry. But it needs to correct its shoddy record on greenfield projects to achieve its true potential.

PE players have become extremely active of late. The exuberance is here to stay for some time.

India is yet to see a major privatization drive, at least in the last ten years! Currently Central Public Sector Enterprises.

On February 11 2016, the Sensex stood at 22,951. Since then, it has gained nearly 13,000 points, translating into a gain of 56%. The Nifty has gained nearly 4,000 points or 57% from 6,976 since 11 February 2016. The indices which have logged record gains this year will face Narendra Modi government's  last full year Budget on February 1.

PM Modi invited Israeli defence companies to take advantage of the liberalized FDI regime to make more in India.

P Chidambaram called the raids against his son \"a comedy of errors\". The former Union Minister claimed the officers were left \"embarrassed\" and \"apologetic\" as they could not find anything at his house.

The fall was largely concentrated in the private sector whose proposals fell to their lowest level over the same period

Apple India has sought concessions including duty exemption on manufacturing and repair units, components, capital equipment and consumables for smartphone manufacturing and after-sale service.

However, this renewed interest has not reflected in the pricing of Apple's latest devices. Last year, the company sold the iPhone 7 in India at a price tag 40 per cent higher than the US and this year is no different with the iPhone X.

Amazon recently received government's nod to stock and retail food and grocery items through brick and mortar stores, on both online and offline platforms.

As per the proposal, the company will open a wholly-owned subsidiary in India to carry out the business. It will stock food products and sell online.

US retail giant Amazon's proposed USD 500 million investment in retail of food products in India would soon get official nod, an official said.

Earlier in February, Finance Minister Arun Jaitley had announced that the FIPB would be abolished in financial year 2017-18. The Finance Minister was speaking in the Lok Sabha during annual budget presentation.

The real estate industry has been under pressure. Commercial and affordable housing are the only silver linings. We look at what to expect in the coming months.

The first Budget since demonetisation has been a careful exercise by Finance Minister Arun Jaitley. It caters to the core constituency - farmers and lower income people - while not introducing anything that hurt industry.