Fdi

May 31, 2023 08:57 PM IST

Dubai emerges as India's favourite destination for FDI

As per Dubai FDI Monitor, India ranked among the Top 5 source countries for announced FDI projects and estimated FDI capital in the calendar year 2022.

40-50 FDI proposals from countries sharing land border with India pending for approval

Under Press Note 3, the government has made its prior approval mandatory for foreign investments from countries that share land border with India. These countries are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar and Afghanistan.

FDI equity inflows dip 22% to $46 bn in 2022-23

FDI declines 16% in FY23, first YoY contraction in decade

The gross FDI inflows in 2021-22 were USD 81.97 billion, up 10 per cent over fiscal 2019-20.

Sri Lanka expects FDI to jump to $1.3 billion with India taking lead

Part of the bump came from India, which wants to keep China's expansion in its neighbour in check. India's Adani group signed up for two wind power plants worth $442 million last year.

India GDP crosses $3.5 trillion in 2022; bureaucracy in decision making may reduce attractiveness as FDI destination: Moody's

The US-based rating agency said bureaucracy could slow approval processes in obtaining licences and setting up businesses, prolonging project gestation.

Increasing FDI, lowest capex to net profit ratio, increased headroom for fiscal expenditure to power growth: Manish Bhandari, Vallum Investment Advisors

With these drivers in place, it may be time for mid-cap and small-cap companies to make a comeback, Manish Bhandari of Vallum Capital Advisors said.

UAE's Emaar to start mega-mall project in Srinagar, J&K LG Sinha lays foundation stone

Emaar will invest a total of Rs 500 crore, in what will be the first significant foreign direct investment in Jammu & Kashmir since the abrogation of Article 370.

FDI equity inflows decline 15% to USD 36.75 billion in April-December FY23

The FDI inflows stood at USD 43.17 billion during the corresponding period of the previous year.

India may overtake Germany to become 4th largest economy this year: Deepak Bagla

Two-thirds of India’s GDP is driven by domestic demand. Demand is ahead of supply and market forces are driving it, the Invest India chief said.

Budget 2023: Angel tax a dampener for Indian companies seeking FDI

Subjecting the RBI-regulated FDI to angel tax will be viewed as a negative step by the global investor community intending to participate in the India growth story keenly

'Govt's manufacturing push not yielding results; FDI continues to chase less-complicated services sector'

India Ratings and Research also said a bulk of the foreign direct investment (FDI) in manufacturing is not greenfield or fresh investments which should otherwise be the aspirational aspect.

India receives $3.21 mn FDI in defence industries during Apr-Sep FY23

Minister of State for Commerce and Industry Som Parkash said to promote FDI, the government has put in place an investor-friendly policy, wherein most sectors, except certain strategically important ones, are open for 100 per cent FDI under the automatic route.

India attracts $13 billion FDI in non-conventional energy sector

FDI, up to 100 per cent, is permissible through automatic route for the promotion of solar power generation in the country, Minister for New and Renewable Energy (MNRE) R K Singh informed the Rajya Sabha.

Sixth round of India-UK FTA talks to begin from Monday

The bilateral trade between the two countries increased to $17.5 billion in 2021-22 compared to $13.2 billion in 2020-21. India’s exports stood at $10.5 billion in 2021-22, while imports were $7 billion.

Bengaluru Tech Summit | India no longer known for red tape, but red carpet for investors: PM Modi

PM Narendra Modi said that tech was seen as an exclusive domain that is only for the high and mighty, but India has shown how to democratise it and give it a human touch.

Fresh tips to make India a hotter FDI destination

A recent EY-CII report underscores India’s potential to attract more FDI and lists measures that can quicken the pace of dollar inflow

Reform, economic growth focus to boost FDI opportunities to $475 billion in 5 years: EY-CII report

As many as 64 per cent of the respondents reported an improvement in the ease of doing business at the ground level in India. In particular, MNCs are enthused by the impact of GST, government’s digital push in various spheres, transparency in taxation, amongst other reforms.

India is on track to attract USD 100 billion FDI this fiscal: Govt

In 2021-22, the country received the "highest ever" foreign inflows of USD 83.6 billion.

MC Exclusive | Space tech industry pitches for 74% FDI in line with defence sector

Currently, if private sector wants to participate through foreign direct investment (FDI) for establishing and operating satellites, approval of the government is required

FDI equity inflows dip 6% during April-June to USD 16.59 billion: DPIIT

The total FDI inflows (which includes equity inflows, re-invested earnings and other capital) aggregated at USD 22.34 billion during the first three months of the current fiscal year as against USD 22.52 billion in the year-ago period.

CAIT demands Rs 3,000-crore penalty on Siam Makro, alleges violation of FDI norms

The traders' body has claimed that cash and carry brand Lots Wholesale Solutions, a subsidiary of Siam, has violated the FDI norms by selling goods to retail or end consumers without the applicable tax registration.

Exclusive | At odds with Beijing, but Delhi has no solid plan against Chinese trade in India

Over the past few years, India has imposed higher tariffs on Chinese imports, cracked down heavily on Chinese firms, and cut the flow of Chinese FDI . But, as an uneasy peace holds for the moment, officials say no major economic action is planned.

India's FDI inflow hits all-time high of over Rs 6 lakh crore in FY22

FDI equity inflow in manufacturing sectors increased to more than Rs 1.58 lakh crore in FY22, as compared to Rs 89,766 crore clocked in the previous fiscal.

Manufacturing sector gets $21 billion FDI in FY22

It said the government has implemented several reforms under the FDI policy regime across sectors such as insurance, defence, telecom, financial services, pharmaceuticals, retail trading, and e-commerce.