Sep 22, 2021 08:54 PM IST
Total Foreign Direct Investment (FDI) inflow rose to $27.37 billion during the first four months of 2021-22. In the year-ago period, the same was at $16.92 billion.
- Sep 15, 2021 06:57 PM IST
The government made a raft of structural changes to offer relief to the embattled telecom industry and announced a four-year moratorium on payment of adjusted gross revenue and spectrum dues to help companies, in particular Vodafone Idea, to manage cash flows. The moratorium comes with a Marginal Cost of Funds based Lending Rate (MCLR) + 2 percent, making it revenue-neutral for the government.
- Aug 28, 2021 05:06 PM IST
Total FDI inflow rose to $22.53 billion during the first three months of 2021-22 as against $11.84 billion in the same period of the last year, it said. Total FDI comprises equity inflows, reinvested earnings and other capital.
- Jul 22, 2021 10:59 PM IST
The fund-raising will throw a lifeline to cash-strapped VIL, which has suffered massive losses, as it has been losing subscribers and average revenue per user (ARPU), and faces outstanding AGR dues of RS 50,399.63 crore as per government data.
- May 24, 2021 05:02 PM IST
The FDI equity inflow in FY 2020-21 grew by 19 percent to $59.64 billion compared to the previous year.
- 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 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 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.
- 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.
- Oct 01, 2020 01:01 PM IST
As per the new policy, FDI investments into Indian companies from the neighbouring countries will require a nod from the government.
- Sep 14, 2020 01:30 PM IST
Giving details of the total foreign direct investment (FDI) inflow from Chinese companies in India, Minister of State for Finance Anurag Singh Thakur said, it was $350.22 million in 2017-18, while it declined to $229 million in the following year.
- Sep 05, 2020 07:46 PM IST
"India’s commitment to reform is taken seriously by investors abroad and they take India to be a very desirable destination, otherwise we wouldn’t be seeing good amount of FDI coming even during the pandemic time when India, as many of our critics would say, had the strictest lockdown," Sitharaman said.
- Feb 07, 2020 07:33 PM IST
FDI in the sector was at Rs 6,502 crore in 2017-18, Rs 5,723 crore in 2016-17, Rs 4,975 crore in 2015-16 and Rs 9,052 crore in 2014-15, Mandaviya added.
- Feb 04, 2020 05:50 PM IST
The success of various initiatives is reflected in the increased inflow of FDI and increase in Gross Fixed Capital formation, he said, adding that several measures taken by the government will further boost FDI in all sectors.
- Nov 07, 2019 08:09 PM IST
Confederation of All India Traders (CAIT) have pressed for formation of a regulatory authority empowered to act against companies flouting norms.
- Aug 21, 2019 08:00 PM IST
In order to boost a sluggish economy, the government wants to attract investment by allowing FDI in contract manufacturing.
- Jun 07, 2018 01:08 PM IST
According to the World Investment Report 2018 by the UN Conference on Trade and Development (UNCTAD) global foreign direct investment flows fell by 23 percent in 2017, to USD 1.43 trillion from USD 1.87 trillion in 2016.
- May 26, 2017 10:57 PM IST
Mauritius Prime Minister Pravind Kumar Jugnauth today said a comprehensive economic cooperation pact with India is being negotiated that will boost bilateral trade and cross-border investments.
- Apr 18, 2017 02:47 PM IST
Indian firms had made investments of USD 1.42 billion in their overseas joint-ventures/subsidiaries in March 2016.
- Apr 10, 2017 02:45 PM IST
"No proposal is under consideration of the government to review the extant FDI policy on multi-brand retail," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha.
- Mar 31, 2017 09:46 PM IST
In a written reply, Minister of State in the Defence Ministry Subhash Bhamre said the FDI policy was last reviewed on June 24, 2016 and as per the revised policy, foreign investment up to 49 percent is permitted under the automatic route.
- Mar 27, 2017 10:36 AM IST
Dabur India is willing to dilute its holding in its wholly-owned retail subsidiary H&B Stores and bring in an investor to grow the business once FDI in multi-brand retail is clarified.
- Mar 21, 2017 01:46 PM IST
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.
- Mar 20, 2017 06:16 PM IST