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  • India third largest recipient of FDI in 2020: Report Apr 30, 2021 05:40 PM IST

    India third largest recipient of FDI in 2020: Report

    In January, the United Nations Conference on Trade and Development had said that India's FDI inflows had jumped 13 percent to $57 billion in calendar year 2020, mostly boosted by investment in digital economy and start-ups.

  • Government may hike FDI limit in pension sector to 74 percent; Bill likely in monsoon session Apr 11, 2021 01:35 PM IST

    Government may hike FDI limit in pension sector to 74 percent; Bill likely in monsoon session

    Amendment to Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013 seeking to raise FDI limit in the pension sector may come in the monsoon session or winter session depending on various approvals, sources said.

  • Australia launches program to help Aussie businesses trade and invest in India Apr 06, 2021 08:35 PM IST

    Australia launches program to help Aussie businesses trade and invest in India

    The official program run by the Australian government aims to facilitate the entry of Australian companies into the Indian market. It is set to focus on the e-commerce channel to better market Aussie food, beverage and consumer products to Indian consumers.

  • A look at Amazon’s legal troubles in India Apr 06, 2021 05:37 PM IST

    A look at Amazon’s legal troubles in India

    Global Amazon is battling issues ranging from working conditions to unionisation efforts to abuse of dominance with private label launches in markets such as the US and Europe. Here is a look at the controversies and legal troubles that plague Amazon’s operations in India.

  • FDI equity inflow rose 28% to $54.1 Bn in Apr-Dec of FY21 Apr 05, 2021 04:17 PM IST

    FDI equity inflow rose 28% to $54.1 Bn in Apr-Dec of FY21

    Computer software & hardware sectors remained the top sector drawing in the most FDI. More than 45 percent of total FDI flowed into the sector in the first 10-months of FY21, followed by construction and services.

  • US fund Interups to acquire 49% stake purchase in Trujet Apr 01, 2021 10:39 PM IST

    US fund Interups to acquire 49% stake purchase in Trujet

    The following investment is expected to expand the airline's operations and mark Interups’ foray in Indian aviation.

  • Centre set to introduce single-window clearance for investors by April 15: DPIIT Secretary Guruprasad Mohapatra Mar 25, 2021 08:35 PM IST

    Centre set to introduce single-window clearance for investors by April 15: DPIIT Secretary Guruprasad Mohapatra

    A systematic exercise across the Centre and states is being undertaken to eliminate or reduce compliance which has an adverse impact on time and cost of businesses, Mohapatra added.

  • Rajya Sabha passes bill to hike FDI in insurance sector to 74% Mar 18, 2021 07:24 PM IST

    Rajya Sabha passes bill to hike FDI in insurance sector to 74%

    Under the new structure, at least 50 percent of directors shall be independent directors, while specified percentage of profits being retained as a general reserve.

  • Need stricter regulations for FDI in e-commerce, domestic retailers tell government Mar 17, 2021 09:25 PM IST

    Need stricter regulations for FDI in e-commerce, domestic retailers tell government

    The government has lined up more meetings on the issue of FDI in e-commerce and whether e-marketplaces are bending the rules. On March 19, the DPIIT will meet with industry bodies FICCI, CII and Assocham, while on March 25, it will sit down with e-marketplaces like Flipkart and Amazon India.

  • Nirmala Sitharaman introduces Bill in Rajya Sabha to allow 74% FDI in insurance sector Mar 15, 2021 06:58 PM IST

    Nirmala Sitharaman introduces Bill in Rajya Sabha to allow 74% FDI in insurance sector

    The Union Cabinet on Wednesday had given its nod for amendments in the Insurance Amendment Bill 2021.

  • DPIIT to hold meetings with industry, trader bodies on FDI in ecommerce Mar 14, 2021 11:02 AM IST

    DPIIT to hold meetings with industry, trader bodies on FDI in ecommerce

    While a meeting with traders' bodies including Confederation of All India Traders (CAIT) is scheduled on March 17, officials of the department would meet industry associations on March 19.

  • Explained | How did India get record FDI in FY21 despite the pandemic? Mar 08, 2021 03:46 PM IST

    Explained | How did India get record FDI in FY21 despite the pandemic?

    Foreign Direct Investment into India is poised to rise to a record in FY21 as the government actively wooed companies that manufactured in China and announced favourable policies such as the Performance Linked Incentives, while states continued to reach out to investors.

  • FDI in computer software, hardware jumps 4-folds to $24.4 billion during April-December 2020 Mar 07, 2021 11:49 AM IST

    FDI in computer software, hardware jumps 4-folds to $24.4 billion during April-December 2020

    While in the year-ago period the sector received USD 6.4 billion FDI, the entire 2019-20 saw overseas investment of USD 7.7 billion, the Department for Promotion of Industry and Internal Trade (DPIIT) data showed.

  • FDI rises 40% to $51.47 billion in April-December 2020-21: Govt data Mar 04, 2021 04:41 PM IST

    FDI rises 40% to $51.47 billion in April-December 2020-21: Govt data

    India has attracted 22 percent higher FDI inflow (including re-invested earnings) of $67.54 billion during the first nine months of the current fiscal as against $55.14 billion in the same period of 2019-20.

  • Government begins clearing FDI proposals from China amid easing border tensions: Report Feb 22, 2021 10:16 AM IST

    Government begins clearing FDI proposals from China amid easing border tensions: Report

    The government has set up a committee of officers from ministries of Home, External Affairs, Commerce and Industry, and NITI Aayog to look into FDI proposals from China.

  • Enforcement Directorate begins second probe into Amazon based on Reuters story: Report Feb 19, 2021 09:27 AM IST

    Enforcement Directorate begins second probe into Amazon based on Reuters story: Report

    This would be the second ED investigation into Amazon, after the agency previously launched a probe for alleged violation of FDI rules.

  • Government extends Rs 12,195 crore PLI scheme to telecom equipment sector to boost MSME growth Feb 17, 2021 03:29 PM IST

    Government extends Rs 12,195 crore PLI scheme to telecom equipment sector to boost MSME growth

    With this, the Government of India hopes to have incremental production of Rs 2,44,200 crore in the telecom equipment sector, exports worth Rs 1,95,360 crore, 40,000 new jobs, and Rs 17,000 crore worth of tax revenue in the coming five years.

  • FDI cap hike to raise insurance penetration, help attract overseas funds: Experts Feb 07, 2021 01:01 PM IST

    FDI cap hike to raise insurance penetration, help attract overseas funds: Experts

    Deloitte India Partner and Financial Services Industry Leader Sanjoy Datta said the announcement to raise the FDI cap in the sector was a much-awaited move by the government. It is in direct recognition of the requirement for significant capital inflows to provide adequate levels of insurance cover to the population, he added.

  • FDI easing in defence production to attract investments: DPIIT Secretary Feb 05, 2021 04:06 PM IST

    FDI easing in defence production to attract investments: DPIIT Secretary

    Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said the government has proposed hiking FDI cap in the insurance sector.

  • Budget 2021: Industry welcomes insurance FDI limit hike to 74%; management control clause remains a concern Feb 01, 2021 06:50 PM IST

    Budget 2021: Industry welcomes insurance FDI limit hike to 74%; management control clause remains a concern

    While announcing the proposal to hike FDI limit to 74 percent for the insurance sector, Finance Minister Nirmala Sitharaman said there would be 'safeguards'. Keeping management control with Indians could dissuade infusion of fresh investments from abroad.

  • FDI inflows in April-November 2020 rise 22% to $58.37 billion Jan 27, 2021 06:35 PM IST

    FDI inflows in April-November 2020 rise 22% to $58.37 billion

    FDI equity inflows in April-November 2020 rose by 37 percent (YoY) to $43.85 billion.

  • FDI in India rose by 13% in 2020, as inflows declined in major economies due to pandemic: UN Jan 25, 2021 11:44 AM IST

    FDI in India rose by 13% in 2020, as inflows declined in major economies due to pandemic: UN

    An 'investment trends monitor' issued by the United Nations Conference on Trade and Development (UNCTAD) on Sunday said that global foreign direct investment (FDI) collapsed in 2020 by 42 percent to an estimated $859 billion from $1.5 trillion in 2019.

  • Flipkart to drop plans for fresh foods platform: Report Jan 21, 2021 04:26 PM IST

    Flipkart to drop plans for fresh foods platform: Report

    DPIIT issued Press Note 2 in February 2019, which forbids foreign companies from holding inventory or equity directly or through group companies in seller entities.

  • Centre looking to create special window to fast-track approvals for “strategic” FDI: Report Jan 19, 2021 10:57 AM IST

    Centre looking to create special window to fast-track approvals for “strategic” FDI: Report

    The special window will provide investors with the government response within three days to fast-track the process

  • Cabinet likely to approve mining reforms proposal tomorrow Jan 12, 2021 06:54 PM IST

    Cabinet likely to approve mining reforms proposal tomorrow

    Amendments in the Mines and Minerals (Development and Regulation) Act, 1957 have been proposed, say sources.

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