South Korean steel company Posco has announced that it will put a $12bn project in the southern Indian state of Odisha on hold. 

Despite having cited opposition to it when it came to power, India’s National Democratic Alliance government has kept the rule allowing 51% FDI in multi-brand retail. 

Even as India's National Democratic Alliance government abolishes its minimum alternate tax, it faces criticism from foreign investors.

As part of its drive towards improving its investment environment, the Indian government has drafted a model bilateral investment treaty.

After months of political wrangling, India has finally passed its Insurance Laws (Amendment) Bill 2015, raising the FDI limit in the sector to 49%. 

In its first budget announcement since being elected, India’s National Democratic Alliance party alluded to revising the country's retrospective taxation rules, but failed to put these words into action.

India's government has agreed to the Bombay High Court's decision to absolve Vodafone of its transfer pricing tax demand. 

Insurance is set to be next for government's investment reform.

The Bombay High Court has granted telecommunications company, Vodafone, relief from a $490m bill for allegedly underpricing its shares in a historic rights issue.

Japan has pledged more than $30bn of investment in India, following a visit by Indian prime minister, Narendra Modi, to the country.