New Delhi, May 1 -- The government will soon notify a framework for time-bound approvals of investments by companies with limited Chinese ownership in seven identified sectors, including rare-earth magnets and electronic components, under recently eased foreign direct investment (FDI) norms. The move is aimed at building domestic capacity and boosting inflows, with gross FDI expected to touch $90 billion in FY26, officials said. Although the Cabinet on March 10 relaxed Press Note 3 (PN3 of the 2020 series) by allowing the automatic approval route for overseas investors with up to 10% beneficial ownership from countries sharing a land border with India, the decision is yet to be formally notified, the officials said, requesting anonymity. Wh...