During an exclusive email interaction with Moneycontrol, the MD and CEO said she said the company is taking a calibrated approach alongside industry-wide discussions with distributors, while focusing beyond cost optimisation to improve profitability
From marquee exits by foreign insurers to private equity investments in distribution and broking firms, the sector is rapidly evolving
As one of India’s leading life insurers, we at HDFC Life welcome this progressive legislation. It balances growth, governance, customer protection and ease of doing business, setting the stage for the next era of insurance transformation
A draft Cabinet note has been finalized, and comments have been sought from all relevant ministries.
Foreign portfolio investment inflows into emerging market economies remained strong in May and June, amid improved global risk sentiment
The comments come after a section of media claimed that India was considering easing foreign ownership rules
In the past year, gross FDI into India surged by 14 percent, reaching $81 billion
The Insurance Amendment Bill is expected to simplify the capital structures of companies by proposing key reforms including composite licenses and increasing the foreign direct investment (FDI) cap.
The changes would redefine how India views foreign-owned companies, whether directly or indirectly, making them subject to foreign direct investment (FDI) regulations when it comes to share transfers or restructurings
India has so far given its go-ahead to several joint venture deals involving Chinese entities, including Huaqin and Transsion Technology.
Known to be one of the longest standing requests of the insurance industry, this move creates room for increased participation from foreign players in India's insurance landscape. But the real tes
The meeting was second in the line. Last week, the department held discussions with stakeholders, including law firms and industry chambers, on the matter.
The FDI surge reflects India’s growing appeal as a global investment destination, said Commerce Ministry.
Non-financial companies accounted for nearly 90 per cent of the FDI equity at face value, the RBI said
According to Fadnavis, Maharashtra has consistently ranked No. 1 in FDI for the past two years and has once again outperformed all other states.
One of the most significant amendments simplifies the rules for cross-border share swaps, allowing Indian companies to issue or transfer equity instruments in exchange for foreign company equity instruments.
Currently, Indian rupee is trading at 83.6313 against the US dollar.
India slipped seven ranks to 15 in the World Investment Ranking in 2023
Latest data from the Department for Promotion of Industry and Internal Trade revealed that India’s net FDI inflows contracted 3.5 percent year-on-year in FY24 to $44.42 billion, the lowest in five years.
The total FDI -- which includes equity inflows, reinvested earnings and other capital -- declined marginally by one percent to $70.95 billion during 2023-24 from $71.35 billion in 2022-23, data from Department for Promotion of Industry and Internal Trade (DPIIT) showed.
Amendment made in the FDI policy for space sector through a gazette notification dated April 16, 2024, prescribes liberalized entry route and provides clarity for FDI in satellites, launch vehicles and associated systems or subsystems, creation of spaceports for launching and receiving Spacecraft and manufacturing of space-related components and systems.
Pawan Kumar Goenka, the chairperson for India’s space regulator Indian Space Promotion and Authorisation Centre (IN-SPACe), expects more than $110 million investment in India's space startups in 2023
In addition to reassuring investors with the help of IN-SPACe that the modified FDI policy in the space sector would soon be approved, Digantara also had to make some structural changes to its Indian operations in order to make this investment happen
Minister of Science and Technology Jitendra Singh said that exports in the space sector in FY 2021-22 stood at Rs 174.90 crore, while imports were at Rs 2,114 crore.
FDI into manufacturing slows in first half of FY23