<h1>Government Approves 16 FDI Proposals Worth Rs. 1646.875 Crore; Key Sectors Include Pharma, Retail, and Non-News Media.</h1> The Central Government has approved 16 Foreign Direct Investment (FDI) proposals totaling approximately Rs. 1646.875 crore, based on recommendations from the Foreign Investment Promotion Board (FIPB). Notable approvals include investments in white-label ATMs, increased foreign equity in pharmaceutical and retail sectors, and acquisition of domestic shareholding in a non-news channel business. Eight proposals were deferred, involving sectors like financial software, education, and telecom. Two proposals were advised as outside FIPB's purview, while one decision was held in abeyance concerning security clearance denial.