India's Bhartiya Janata Party continues to oppose FDI increase

Indian currency

Hopes of India's foreign direct investment ceiling being raised have been dashed once more after the opposition Bhartiya Janata Party pledged to vote against any bill that proposes raising the 26% limit.

India's Prime Minister has taken over the finance portfolio, and the FDI cap is expected to be revisited sooner rather than later.

Indian publication The Hindu reported that the Finance Ministry has

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