Apr 30, 2021 05:40 PM IST
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.
- Apr 11, 2021 01:35 PM IST
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.
- Apr 06, 2021 08:35 PM IST
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.
- Apr 06, 2021 05:37 PM IST
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.
- Apr 05, 2021 04:17 PM IST
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.
- Apr 01, 2021 10:39 PM IST
The following investment is expected to expand the airline's operations and mark Interups’ foray in Indian aviation.
- Mar 25, 2021 08:35 PM IST
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.
- Mar 18, 2021 07:24 PM IST
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.
- Mar 17, 2021 09:25 PM IST
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.
- Mar 15, 2021 06:58 PM IST
The Union Cabinet on Wednesday had given its nod for amendments in the Insurance Amendment Bill 2021.
- Mar 14, 2021 11:02 AM IST
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.
- Mar 08, 2021 03:46 PM IST
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.
- Mar 07, 2021 11:49 AM IST
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.
- Mar 04, 2021 04:41 PM IST
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.
- 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.