Live
- A tribute to Atal Ji, the statesman who shaped India with his vision & resolve
- Christmas in India is much more than religious festivity
- Tirupati: UTF office-bearers elected unanimously
- Tirupati: SP seeks public cooperation to check crimes
- State govt committed to protect Wakf lands: Shariff
- Tirupati: 8 held; 69 red sanders logs seized
- Govt Schemes: Take steps to achieve loan targets says Collector to pvt banks
- Consumer rights protection is a shared social responsibility
- High Court relief for KCR, Harish Rao
- Visakhapatnam: Class VIII boy allegedly commits suicide
Digital media doors opened
Highlights
The Union Cabinet on Wednesday approved 26 per cent foreign direct investment (FDI) in digital media with government approval.
New Delhi: The Union Cabinet on Wednesday approved 26 per cent foreign direct investment (FDI) in digital media with government approval. Currently, 49 per cent FDI is provided under the approval route in news channels and the government has now decided to expand the span of FDI to the digital meda space.
"The extant FDI policy provides for 49 per cent FDI under approval route in up-linking of 'News & Current Affairs' TV channels. It has been decided to permit 26 per cent FDI under government route for uploading/streaming of news and current affairs through Digital Media, on the lines of print media," an official statement said. The decision is expected give a boost to the booming digital media space in the country.
Next Story
ADVERTISEMENT
