Unlike the early 2000s when Indian firms leaned on foreign expertise, today’s players seem confident in their own capabilities and see less need for overseas support.
FDI inflows were at USD 20.5 billion in April-September 2023-24. In the July-September quarter, the inflows grew by about 43 per cent year-on-year to USD 13.6 billion against USD 9.52 billion in the same quarter last fiscal.
Vietnam is becoming a key player in global supply chains attracting substantial FDI from China in the process but is also attempting to balance the US-China tensions alongside. There’s a window of opportunity for India
Declining FDI flows are no longer just about governance or tax considerations, but are mainly about geopolitical motivations
Proposal includes the establishment of robust IT tools and databases for continuous review and monitoring of FDI from countries considered to be of concern.
While the Foreign Direct Investment (FDI) from Singapore was at USD 780.781 million, the investments from the United Kingdom (UK) and Mauritius stood at USD 778.271 million and USD 632.523 million, respectively
As per RBI data, India’s outward FDI commitments stood at $1.55 billion in November, as compared to $3.67 billion in a year ago period and $1.93 billion in October, 2023.
PM Modi was addressing the second edition of World Food India at Bharat Mandapam in the national capital. The three-day event will conclude on November 5.
The share of Russia in India’s oil imports has gone up 204 percent on an annual basis in the first five months of this fiscal, while imports from OPEC countries have declined. Also, during this period, net FDI saw a sharp fall amid the high interest rates in advanced economies.
Gautam Trivedi on Nifty's potential record-breaking performance and the surge in midcap and small-cap shares.
The government had earlier permitted 100 percent foreign direct investment (FDI) in coal mining, its sale and associated infrastructure, and contract manufacturing through the automatic route.
An association of private security services providers on Sunday demanded an increase in the foreign direct investment (FDI) limit in the sector to 74 percent from the existing 49 percent.
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.
FDI equity inflows into India contracted marginally by 1 per cent to USD 58.77 billion during 2021-22, according to official data.
Anurag Jain, secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), said the current policy related to the sector will not facilitate the disinvestment process of LIC and, hence, needs to be revised.
The surplus in the current account was on account of a sharp contraction in the trade deficit to $10.0 billion due to steeper decline in merchandise imports relative to exports on a year-on-year basis, RBI said in its report on India's Balance of Payments
Increasing FDI is a low-hanging fruit in terms of reforms. It will bring in much-needed capital, increase jobs and boost insurance penetration
The tougher rules were not a surprise, as other countries are also on guard against fire sales of corporate assets during the coronavirus outbreak, but that they apply to investments from countries that share a land border with India raised eyebrows.
It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions.
It will subsequently raise foreign shareholding to over 85 percent in Bharti Airtel from 43 percent at present
Unless more holistic changes are made in PSU banks, just raising the cap for FDI will not result in a rush of capital into them, said Munish Dayal, Senior Partner, Baring Private Equity Partners India.
CII, the industry body, said that the decision to relax FDI norms in sectors like single-brand retail would lead to further increase in foreign investment inflows.
The FDI policy, at present, allows 49 percent foreign investment in the insurance sector that encompasses insurance broking, insurance companies, third party administrators, surveyors and loss assessors as defined by the Department of Industrial Policy and Promotion.
DIPP Secretary, Ramesh Abhishek is confident of seeing at least around 30 percent growth if not more, in foreign direct investment (FDI) into India next year, which will be similar to this year‘s growth number
FDI in tobacco sector cannot be encouraged because of public health reasons and also it would be against India's commitment to the WHO, Commerce and Industry Minister Nirmala Sitharaman today said.