<h1>India Approves Foreign Direct Investment for Single-Brand Retail; Includes Post Facto Approval by RBI Directive.</h1> The Department of Industrial Policy and Promotion approved several foreign direct investment proposals as of August 29, 2017. These include a post facto approval for a retail company following a directive from the Reserve Bank of India for single-brand retail trading. Additionally, a company received approval to conduct single-brand retail trading of its branded products in India, with an investment ranging from GBP 5 million to 10 million.