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  • 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.

  • Bharti Airtel’s plan to increase foreign ownership limit gets boost as subsidiaries cleared to raise FDI Jan 07, 2021 03:09 PM IST

    Bharti Airtel’s plan to increase foreign ownership limit gets boost as subsidiaries cleared to raise FDI

    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.

  • India's forex reserves rise by $51.4 billion during April-September 2020 Dec 30, 2020 07:02 PM IST

    India's forex reserves rise by $51.4 billion during April-September 2020

    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.

  • 2020 In 20 charts: COVID-19 impact, market swings, Chinese app ban, online trends and more Dec 30, 2020 02:38 PM IST

    2020 In 20 charts: COVID-19 impact, market swings, Chinese app ban, online trends and more

    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.

  • Amazon Wholesale India revenue declines 70% in FY20 Dec 24, 2020 10:29 PM IST

    Amazon Wholesale India revenue declines 70% in FY20

    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.

  • FDI growth story to 'go well' in 2021 too Dec 23, 2020 02:02 PM IST

    FDI growth story to 'go well' in 2021 too

    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.

  • India may relax scrutiny of deals for non-Chinese investors from Hong Kong soon: Report Dec 21, 2020 05:37 PM IST

    India may relax scrutiny of deals for non-Chinese investors from Hong Kong soon: Report

    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.

  • Cloudtail India revenue rises 28% to Rs 11,413 crore in FY20 Dec 11, 2020 10:26 PM IST

    Cloudtail India revenue rises 28% to Rs 11,413 crore in FY20

    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

  • Govt issues FEMA notification for 74% FDI in defence through automatic route Dec 08, 2020 10:56 PM IST

    Govt issues FEMA notification for 74% FDI in defence through automatic route

    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..

  • As economy picks up pace, GST collection, FDI trends show signs of revival Dec 02, 2020 05:53 PM IST

    As economy picks up pace, GST collection, FDI trends show signs of revival

    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

  • Corporate bond issuance up 25% to Rs 4.4 lakh crore in first half of FY21: Finance Ministry Dec 01, 2020 07:19 PM IST

    Corporate bond issuance up 25% to Rs 4.4 lakh crore in first half of FY21: Finance Ministry

    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..

  • E-commerce firms monopolising market by violating FDI policy: CAIT to PM Narendra Modi Nov 29, 2020 10:46 PM IST

    E-commerce firms monopolising market by violating FDI policy: CAIT to PM Narendra Modi

    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

  • FDI up 15% to $30 billion during April-September 2020: Govt Nov 27, 2020 10:30 PM IST

    FDI up 15% to $30 billion during April-September 2020: Govt

    In July, the country had attracted USD 17.5 billion worth of foreign investments

  • India 4th major host of greenfield FDI projects during 2004-2015: Report Nov 25, 2020 09:43 PM IST

    India 4th major host of greenfield FDI projects during 2004-2015: Report

    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.

  • Cabinet approves Rs 2,480 crore FDI in ATC Telecom Infrastructure Nov 25, 2020 05:45 PM IST

    Cabinet approves Rs 2,480 crore FDI in ATC Telecom Infrastructure

    The total FDI in ATC Telecom Infrastructure will be Rs 5,417 crore, which is about 98 percent.

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