<h1>Government Approves 10 FDI Proposals Worth Rs. 1123 Crore; Defense and Telecom Investments Deferred; Some Rejected for Non-Compliance.</h1> The government has approved 10 Foreign Direct Investment (FDI) proposals totaling approximately Rs. 1123.059 crore based on the Foreign Investment Promotion Board's recommendations. Notable approvals include a joint venture by a Spanish retail company and a German manufacturing firm. Additionally, several proposals were deferred, including those involving defense sector investments and telecommunications. Three proposals were rejected due to non-compliance with regulatory norms, and one was withdrawn. A proposal involving significant investment was recommended for further consideration by the Cabinet Committee on Economic Affairs.