financetom
Economy
financetom
/
Economy
/
Digital media companies seek clarity on new FDI notification
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Digital media companies seek clarity on new FDI notification
Sep 10, 2019 11:44 AM

Two weeks back, the Union Cabinet approved 26 percent foreign direct investment (FDI) in digital media platforms. This was previously applicable only to the print media in the country. However, the government is yet to issue an official FDI notification on the issue, which has created a lot of confusion and uncertainty, especially for media portals which have already seen inflow of foreign equity, reports Rituparna Bhuyan.

Share Market Live

NSE

First Published:Sept 10, 2019 8:44 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US consumer sentiment, inflation expectations stable in March
US consumer sentiment, inflation expectations stable in March
Mar 15, 2024
WASHINGTON (Reuters) - U.S. consumer sentiment and inflation expectations were little changed in March, a survey showed on Friday. The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 76.5 this month, compared to a final reading of 76.9 in February. Economists polled by Reuters had forecast a preliminary reading of 76.9. Consumers perceived...
Michigan Consumer Sentiment Index Declines Unexpectedly in Preliminary March Survey
Michigan Consumer Sentiment Index Declines Unexpectedly in Preliminary March Survey
Mar 15, 2024
10:18 AM EDT, 03/15/2024 (MT Newswires) -- The University of Michigan's preliminary consumer sentiment index declined slightly to 76.5 in March from 76.9 in February, compared with expectations for an increase to 77.1 in a survey compiled by Bloomberg as of 7:35 am ET. The current conditions index remained at 79.4 in March, while the expectations reading fell to 74.6...
US import prices rise moderately in February
US import prices rise moderately in February
Mar 15, 2024
WASHINGTON (Reuters) - U.S. import prices increased marginally in February as a surge in the cost of petroleum products was partially offset by modest gains elsewhere, which bodes well for the inflation outlook. Import prices rose 0.3% last month after an unrevised 0.8% jump in January, the Labor Department's Bureau of Labor Statistics said on Friday. The increase in import...
US equity funds attract inflows for third week in a row
US equity funds attract inflows for third week in a row
Mar 15, 2024
(Reuters) - U.S. equity funds drew inflows for a third consecutive week in the seven days to March 13, with investors optimistic about a rally on Wall Street and clinging to hopes of rate cuts this year, even as inflation proves stubborn. According to data from the London Stock Exchange Group (LSEG), investors purchased $4.93 billion of U.S. equity funds,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved