Centre notifies liberalised norms for FDI in space sector
New Delhi: The government on Wednesday notified changes to the foreign direct investment regulations in the space sector, aiming to attract international investors into satellite manufacturing and satellite launch vehicle sectors.
India eyes US$100 billion annual FDI from investors looking to diversify from China
New Delhi: India is targeting a minimum of US$100 billion annually in gross foreign direct investment, as the country seeks to attract investors seeking diversification from China, media reports said.
More FDI in services than manufacturing despite Centre's Make-in-India push
New Delhi/UNI: Foreign direct investment (FDI) into India's services sector rose to US$ 153.01 bln in the April 2014 to March 2022 period from US$ 80.51 bln during April 2000 to March 2014, rating firm India Ratings and Research (Ind-Ra) said in a report on Wednesday.
Govt may ease restrictions on certain Chinese FDI to boost inflow: Report
New Delhi/IBNS: The government may ease restrictions on some foreign direct investment after rules aimed at filtering out Chinese investments hindered inflow, Bloomberg reported.
Chinese FDIs in India only through govt route: Centre
New Delhi/IBNS: The government has amended the FDI policy according to which an entity of a country, which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the government route, Ministry of Commerce & Industry has said.
Yahoo India shuts down news operations over Modi govt's new FDI rules
New Delhi/IBNS: The Indian arm of American web service provider Yahoo Thursday shut down its news operations in the country over the central government's new Foreign Direct Investment (FDI) rules.
Lok Sabha passes Insurance Amendment Bill, 2021
New Delhi/UNI: The Lok Sabha on Monday passed the Insurance (Amendment) Bill, 2021 by voice vote.
Global foreign direct investment halved amid pandemic, but China remained resilient
New York: Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020, amid the upheaval caused by the coronavirus pandemic, a new report from the UN trade and development organization UNCTAD showed on Tuesday.
New Delhi/IBNS: The Government of India has reviewed the extant Foreign Direct Investment(FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic and amended para 3.1.1 of extant FDI policy as contained in Consolidated FDI Policy, 2017.
Union Cabinet gives nod for Ordinance to bring FDI in coal mining
New Delhi/UNI: Aiming to bring investments in coal mining, the Cabinet on Wednesday gave approval for the promulgation of Mineral Laws (Amendment) Ordinance 2020.
Union Budget proposes permitting 100% FDI for insurance intermediaries
New York, July 5 (IBNS): It is being contemplated to permit 100% Foreign Direct Investment (FDI) for insurance intermediaries, announced Union Minister of Finance and Corporate Affairs Nirmala Sitharaman while presenting the Union Budget 2019-20 in the Parliament on Friday.
Companies likely to seek extension of FDI rules deadline for e-commerce
Mumbai, Jan 5 (IBNS): Several online companies, including Flipkart, are likely to seek an extension of the deadline to follow the recent changes in the Foreign Direct Investment (FDI) rules for e-commerce, media reports said.
New Delhi, Jan 11 (IBNS): Foreign airlines will be allowed to invest up to 49 per cent in Air India via the approval route after the Union Cabinet chaired by Prime Minister Narendra Modi gave its approval to a number of amendments in the Foreign Direct Investment (FDI) Policy, according to media reports on Thursday.
Government restored the credibility of Indian economy: Jaitley
New Delhi, June 1 (IBNS): Union Minster of Finance, Defence and Corporate Affairs, Arun Jaitley said that after the present NDA Government came to power in May, 2014, it has been able to restore the credibility of the Indian economy which was at its lowest ebb due to serious charges of corruption and indecisiveness during the earlier UPA regime.
FDI in trading of Food Products
New Delhi, Mar 14 (IBNS): Union Minister of State for Food Processing Industries Sadhvi Niranjan Jyoti in a written reply on Tuesday informed the Lok Sabha the steps her department has taken recently regarding Foreign Direct Investment (FDI).