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    • FM announces only one reform from new Insurance Bill, others left out

      The other reforms, for reasons unknown to me, have been deferred, but will likely be introduced in the very near future, says Ex-IRDAI member

    • India intends to implement stricter regulations on foreign investments to address roundtripping

      The finance ministry is also considering options related to how overseas direct investment and overseas portfolio investments are viewed.

    • India received record FDI in last 7 years; hope to see the trend continue: Piyush Goyal

      Piyush Goyal also said that India is focusing on integrating its quality standards with the world and the country needs to let go of the mindset of a particular product being for the domestic market and others for the export market.

    • FDI growth story to 'go well' in 2021 too

      With relaxed FDI norms, defence production will be among the areas that will be looked at for fresh overseas investments in the months ahead while easing compliance burden of businesses will be a priority area.

    • FDI into India continuously growing: Piyush Goyal

      For certain sectors such as telecom, media, pharmaceuticals and insurance, government approval is required for foreign investors. There are nine sectors where FDI is prohibited and that are lottery business, gambling and betting, chit funds, Nidhi company, real estate business, and manufacturing of cigars, cheroots, cigarillos and cigarettes using tobacco.

    • Maha occupies top spot in foreign investments, says Desai

      Maharashtra has bagged a big portion of the Foreign Direct Investments that have come to the country in first six months of the current financial year, a state minister has said.

    • Sluggish Chinese eco, Brexit may renew fears of recession:Udayan

      From mid-February largecaps have rallied about 30-40 percent and foreign direct investments have come down. It is perhaps the best time to book profits, says Udayan Mukherjee.

    • April-Jul fiscal deficit at Rs 3.85L cr, at 69% of FY16 tgt

      India‘s fiscal deficit came in at Rs 3.85 lakh crore for the period between April and July. government data released today show.

    • Black money: India, Seychelles sign info exchange pact

      While the foreign direct investments from Seychelles have been small at just about Rs 1,100 crore over the last 15 years, the Indian Ocean island nation has long been perceived as one of the preferred offshore havens for routing of funds.

    • Retailers body meets Nirmala Sitharaman on FDI issue

      The Retailers Association of India (RAI) that represents over 1,000 large retailers and 1.8 lakh mom-n-pop stores, both online and offline, has repeatedly called for a level-playing field for all retail channels in the context of the existing rules which do not allow 100 percent FDI into their ventures.

    • Mauritius to set up Serious Fraud Office

      The island nation with a significant Indian-origin population has also proposed to set up a Coordination Committee among all agencies combating financial crime. In another apparent takeaway from Indian regulations, Mauritius has asked resident societies in its country to spend 2 per cent of their profits on social welfare activities.

    • Compounding of contraventions under FEMA

      This PwC Alert summarizes the recent Reserve Bank of India (RBI) Circular which has delegated powers to its Regional Offices for compounding certain contraventions in respect of foreign direct investments.

    • Deal brings equity & strategic partnership: Max India

      Max India has entered into a deal to sell 26% stake in a subsidiary, Max Healthcare Institute, for Rs 516.5 crore to a South African company. Rahul Khosla, managing director of Max India says the deal serves for both strategic partnership and brings very attractive financial valuations as well.

    • FDI inflows to real estate, telecom decline: ASSOCHAM

      There has been a substantial decline in foreign direct investments (FDI) in high-growth potential sectors like housing and real estate, construction activities and telecommunications in 2010-11, an industry body today said.

    • FDI inflows surge by 54% in Jan-June 2011

      Amidst global uncertainties, India's Foreign Direct Investments surged by 53.8% in the first six months of this calender year to Rs 75,506 crore.

    • Global FDI inflows likely to be $1.6 trillion in 2011: UN

      Foreign direct investments worldwide are projected to return to pre-crisis levels this year, with inflows expected to be up to USD 1.6 trillion, according to a UN report.

    • 'Mauritius tax treaty to affect India's attractiveness'

      Sandeep Shah of Sampriti Capital, in an interview with CNBC-TV18’s Sonia Shenoy and Latha Venkatesh, said that he expect the Nifty would be ranged between 5,000-5,200 levels.

    • Major FDI deals in India

      BP Plc is making one of the biggest foreign direct investments in India, with a USD 7.2 billion tie-up with Reliance Industries to explore for deepwater oil and gas

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