Foreign Direct Investment

With the emergence of globalization, global integration of economies, societies, technologies and cultures of different countries is the most popular concept that has caught on across the world. Corporate houses existing in one country are now spanning their networks worldwide. This process has led to cross country trade, foreign direct investment, flow of resources and funds and migration. This discussion explains the concept of foreign company rules in detail:

Economic development has been one of the key focus areas of the Union Budget 2010, presented by Finance Minister, Pranab Mukherjee. A critical challenge addressed by the FM is reverting to a GDP of 9% within the year, and paving way to cross over the ‘double digit growth barrier.’ Curbing inflation is another important area of concern mentioned in the budget, with food inflation crossing the double digit in the latter half of 2009-1010.