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Cabinet clears FDI in print media
A holy cow has been laid to rest after almost half a century. This morning, the Indian government opened up the print media sector to foreign investment. The Union Cabinet has permitted 26 per cent foreign direct investment in the news and current affairs segment in the Indian print media and 74 per cent in the non-news, non-current affairs segment, Information and Broadcasting Minister Sushma Swaraj told journalists in Delhi.
This has reversed a decision of the Union Cabinet in 1955 which disallowed foreign investment in print media and had had hitherto been considered as the defacto law.
The government took the decision despite solid resistance from select media groups which have lobbied hard to blockade foreign investment in print. Additionally, there has been a lot of opposition within the current government too. One of the media groups probably had an inkling that something like this would happen for it carried a front page story in the leading Indian English newspaper saying that the NDA and the opposition were against any FDI in print media today and that the government should not go back on its earlier decision to disallow FDI in print media.
Swaraj, while making the announcement, declared that certain riders had been laid for allowing FDI. For starters, the Indian shareholding should be significantly higher than the 26 per cent FDI. Second, if the the shareholding pattern was changed by the foreign investor, the I&B ministry had to be compulsorily informed. Third, editorial control will have to remain in Indian hands, and also three-fourths of the editorial posts will have to be filled by Indians. Additionally, the credentials of the foreign investor would necessarily have to be verified by the government before giving him the green signal.
Talking about the decision to open up the sector, Swaraj posed a question to journalists: “Why should one sector be left closed? We started with manufacturing went on to services and now we have gone on to print.”
News Broadcasting
Rising Bharat Summit 2026 spotlights India’s global ascent
PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.
MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.
Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.
Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.
Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.
Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.
The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.
Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.
