Tue, Sep 03, 2024
Foreign direct investment in India jumped 47.8 per cent to USD 16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data.
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Sun, Aug 11, 2024
In a reply to a question in the Rajya Sabha, the minister said that the total FDI inflow of $383.5 billion came during the past five financial years (2019-20 to 2023-24) alone, mainly driven by production-linked incentive (PLI) schemes.
Sun, Aug 04, 2024
Continued disinflation and the beginning of a global monetary policy loosening have reduced the probability of a major negative credit risk, Fitch Ratings said. The ECB made its first rate cut in early June, following earlier moves by the Swiss National Bank and the Bank of Canada, with the latter cutting for the second time in late July.
Tue, Jul 30, 2024
The minister was responding on a pitch made by the pre-Budget Economic Survey on July 22 for seeking FDI from China to boost local manufacturing and tap the export market.
Mon, Apr 15, 2024
Prime Minister Narendra Modi has been asserting that India's efforts in the tourism sector are centered on preserving its rich heritage while at the same time creating a world-class infrastructure for tourism.
Mon, Mar 18, 2024
The loan commitments declined to $251.08 million in February 2024 from $334.75 million in February 2023 and $306.59 million in January 2024.
Wed, Mar 06, 2024
The government has allowed 100 per cent overseas investment in making components for satellites, as part of efforts to attract foreign players and private companies into the segment.
Fri, Feb 09, 2024
The minister said the government also promotes co-development and co-production of niche defence technologies with foreign original equipment manufacturers to encourage FDI in the defence sector.
Thu, Feb 01, 2024
The decision is a significant step as it helps reduce the import of chemicals, which can be derived through coal gasification.
Sat, Dec 30, 2023
The Southeast Asian country attracted more than 1.45 billion dollars in the same period of the previous fiscal year 2022-23, the DICA's figures showed, Xinhua news agency.
Tue, Dec 26, 2023
"Dubai witnessed significant investments (FDI) from Indian investors, amounting to USD 1.6 billion between 2020 and H1 (January-June) 2023. Dubai's strategic location along with tax-friendly policies act as a key incentive for Indian investors and business owners who are looking to expand into new markets," Vestian said in a statement.
The foreign direct investments (FDI) into Dubai from Indian companies stood at USD 541 million in the entire 2022, real estate consultant Vestian said citing data of the Department of Economic Development, Dubai FDI."Dubai witnessed significant investments (FDI) from Indian investors, amounting to USD 1.6 billion between 2020 and H1 (January-June) 2023.
Tue, Dec 19, 2023
The financial sector experienced its strongest performance in years, demonstrating resilience in the face of global financial stress.
Mon, Oct 02, 2023
Mattoo said foreign direct investment (FDI) inflows will likely be boosted by the new law on investment and newly ratified free trade agreements.
Wed, Sep 13, 2023
The proposal, evaluated by regulators and relevant agencies including SEBI, the RBI and the CCI, is subject to the fulfillment of applicable rules and regulations.
Mon, Sep 11, 2023
Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that huge scope is there for Saudi Arabian companies to invest in India in different sectors such as aviation, pharma, bulk drugs, renewable energy, food processing and agrti-tech.
Sun, Aug 27, 2023
According to the data, FDI dipped from countries including Mauritius, Singapore, the US and the UAE during April-June 2023-24.
Mon, May 29, 2023
Foreign direct investment (FDI) into India declined by 22 per cent to USD 46 billion in 2022-23, dragged by lower inflows in computer hardware and software, and automobile industry, according to the Department for Promotion of Industry and Internal Trade (DPIIT) data.
Wed, May 24, 2023
The gross FDI inflows in 2021-22 were USD 81.97 billion, up 10 per cent over fiscal 2019-20. The previous year-on-year contraction in FDI was in 2012-13 when the inflows declined by 26 per cent to USD 34.298 billion.
Fri, Dec 23, 2022
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.
Wed, Dec 21, 2022
Necessary action as per provisions of Foreign Exchange Management Act, 1999 (FEMA) has been taken, which includes issuance of show cause notices, adjudication and imposition of penalty, Minister of State for Commerce and Industry Som Parkash said in a written reply to the Lok Sabha.
Sun, Oct 16, 2022
Multinational companies (MNCs) appreciate the impact of GST, the government's digital push in various spheres, and transparency in taxation, amongst other reforms.
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