NEW DELHI: Govt's decision to allow companies and funds with under 10% holding of Chinese entities has helped generate over $500 million (Rs 4,895 crore) foreign direct investment since the rules were eased in May.

New foreign investment rules are yielding positive results for India's economy. Twenty-nine investment proposals totaling over Rs 4,895 crore have been reported. These…

India has received 29 FDI proposals worth Rs 4,895.65 crore after easing rules for overseas firms with up to 10% Chinese or Hong Kong shareholding.