<h1>Central Government Approves 17 FDI Proposals Worth Rs. 262.56 Crore Across Pharmaceuticals, Telecom, and Defense Sectors.</h1> The Central Government has approved 17 Foreign Direct Investment (FDI) proposals totaling approximately Rs. 262.5594 crore, as recommended by the Foreign Investment Promotion Board. These approvals span various sectors including pharmaceuticals, financial services, defense production, information broadcasting, industrial policy promotion, and telecommunications. Notable approvals include a significant acquisition by a Mumbai-based pharmaceutical company and capitalizing spectrum fees in the telecommunications sector. Additionally, seven proposals were deferred, one was rejected, and two were withdrawn. A decision on one proposal will be communicated separately.