<h1>Government Approves 8 FDI Proposals Worth Rs. 883.166 Crore; Key Sectors Include Finance and Defense.</h1> The government approved eight Foreign Direct Investment (FDI) proposals amounting to approximately Rs. 883.166 crore based on recommendations from the Foreign Investment Promotion Board. These include investments in sectors such as finance, heavy industries, corporate affairs, defense, postal services, and telecommunications. Notable approvals include a significant investment by a Mumbai-based finance company through an IPO and foreign equity induction in a defense production company. Fourteen proposals were deferred, six rejected, and two withdrawn. Additionally, one proposal involving Rs. 5750 crore was recommended for further consideration by the Cabinet Committee on Economic Affairs (CCEA).