<h1>Government Approves 14 FDI Proposals Worth Rs. 1528.38 Crore in Pharma, IT, Defense, and More Sectors.</h1> The government has approved 14 Foreign Direct Investment (FDI) proposals totaling approximately Rs. 1528.38 crore based on recommendations from the Foreign Investment Promotion Board (FIPB). These approvals span various sectors, including pharmaceuticals, IT, trading, defense, and power. Notable approvals include a significant investment in the pharmaceuticals sector and a substantial downstream investment by a company in the trading sector. Additionally, six proposals were rejected, seven deferred, three deemed unnecessary for FIPB approval, one advised to re-approach after obtaining a court order, and one proposal was withdrawn.