<h1>16 FDI Proposals Approved Totaling Rs. 891.71 Crore; Key Sectors Include Retail, Telecom, Hospitality; Largest Approval to Teesta Urja.</h1> The government has approved 16 foreign direct investment (FDI) proposals totaling approximately Rs. 891.71 crore based on recommendations from the Foreign Investment Promotion Board. Key approvals include joint ventures and equity share allocations in sectors such as retail, telecommunications, and hospitality. Notably, M/s Teesta Urja Ltd. received the largest approval of Rs. 547.20 crore. Additionally, 13 proposals were deferred, including those involving share transfers and convertible bonds, while two proposals were rejected due to non-compliance. One proposal was advised to use the automatic route, and another proposal was noted without financial inflow.