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Feb 22, 2021 10:16 AM IST 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.
Feb 19, 2021 09:27 AM IST This would be the second ED investigation into Amazon, after the agency previously launched a probe for alleged violation of FDI rules.
Feb 17, 2021 03:29 PM IST 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.
Feb 07, 2021 01:01 PM IST 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.
Feb 05, 2021 04:06 PM IST 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.
Feb 01, 2021 06:50 PM IST 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.
Jan 27, 2021 06:35 PM IST FDI equity inflows in April-November 2020 rose by 37 percent (YoY) to $43.85 billion.
Jan 25, 2021 11:44 AM IST 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.
Jan 21, 2021 04:26 PM IST 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.
Jan 19, 2021 10:57 AM IST The special window will provide investors with the government response within three days to fast-track the process
Jan 12, 2021 06:54 PM IST Amendments in the Mines and Minerals (Development and Regulation) Act, 1957 have been proposed, say sources.
Jan 07, 2021 03:09 PM IST Bharti Airtel Payments Bank receives nod to raise FDI up to 74 percent. Three downstream companies also get DoT's approval to raise FDI to 100 percent.
Dec 30, 2020 07:02 PM IST The foreign exchange reserves in nominal terms rose by $66.9 billion during April-September 2020 as compared with $20.8 billion recorded during the same period in 2019.
Dec 30, 2020 02:38 PM IST 20 charts that define 2020: From banned apps to most-downloaded apps and the most-searched terms to the people most tweeted about, check out the events that charted the course of the Indian economy this past year.
Dec 24, 2020 10:29 PM IST Amazon Wholesale India attributed the drop to the change in the government regulation resulting in lower customer adoption. The government had introduced Press Note 2 with an aim to bring a level playing field between online and offline retailers in December 2018. It got implemented in February 2019.
Dec 23, 2020 02:02 PM IST With relaxed FDI norms, defence production will be among the areas that will be looked at for fresh overseas investments in the months ahead while easing compliance burden of businesses will be a priority area.
Dec 21, 2020 05:37 PM IST As per the proposals, beneficial owners from nations sharing a land border with India will have to mandatorily seek the Centre's approval to acquire over 10 percent stake in any local firm.
Dec 11, 2020 10:26 PM IST The wholly owned subsidiary of Prione Business Services, a venture of Amazon.com, Inc and Infosys co-founder NR Narayana Murthy’s Catamaran Ventures, Cloudtail India posted a profit of Rs 68 crore in FY20
Dec 08, 2020 10:56 PM IST The government has clearly mentioned that all foreign investment in the defence sector is subject to security clearance by the Ministry of Home Affairs and as per guidelines of the Ministry of Defence..
Dec 02, 2020 05:53 PM IST Total FDI inflows into India in second quarter of financial year 2020-21 have been $ 28,102 million. Of this, FDI equity inflows were $23,441 million
Dec 01, 2020 07:19 PM IST New Delhi, Dec 1 Total corporate bond issuances during the first half of the current fiscal rose by 25 per cent to Rs 4.43 lakh crore despite econo..
Nov 29, 2020 10:46 PM IST CAIT in its letter to Prime Minister Narendra Modi said the absence of concrete action against big e-commerce companies like Amazon, Flipkart has led to a roadblock for small businesses to run their operations online
Nov 27, 2020 10:30 PM IST In July, the country had attracted USD 17.5 billion worth of foreign investments
Nov 25, 2020 09:43 PM IST In Asia, economics and geopolitics — particularly the rise of India, ASEAN and even more critically China — highlight that the nature of global market integration has changed, with significant implications for crisis prevention and management, the paper noted.
Nov 25, 2020 05:45 PM IST The total FDI in ATC Telecom Infrastructure will be Rs 5,417 crore, which is about 98 percent.
