Maharashtra got half of India's FDI in Q1FY25: Devendra Fadnavis shares DPIIT stats on X
Mumbai: Maharashtra has bagged half of India's foreign direct investment (FDI) in the first quarter of the 2024-25 financial year, according to Deputy Chief Minister Devendra Fadnavis.
Singapore plans to make major investment in India in coming years: Piyush Goyal
New Delhi/IBNS: Union Commerce and Industry Minister Piyush Goyal Thursday said Singapore has already invested about $150 billion in India and is ready to invest five times that amount in the coming years.
Govt permits 100% FDI via automatic route for aircraft maintenance, repair and overhaul
New Delhi: In a major boost to the domestic MRO industry and to the aviation sector, the Centre has announced a uniform rate of 5% IGST on imports of parts components, testing equipment, tools and tool-kits of aircraft, irrespective of their HSN classification subject to specified conditions.
Piyush Goyal rules out change in govt's stance on Chinese FDI
New Delhi: Commerce Minister Piyush Goyal stated Tuesday that the Indian government is not reconsidering its position on foreign direct investment (FDI) from China, indicating that the country may continue to impose stricter scrutiny on investments from Beijing, media reports said.
India drops to 15th place in FDI rankings, as investment inflows drop by 43%: UNCTAD report
New Delhi: India dropped seven places to 15th in the 2023 World Investment Ranking as foreign direct investment (FDI) inflows decreased by 43% to $28 billion, according to a report by the United Nations Conference on Trade and Development (UNCTAD) released on June 20.
4.1 crore shares of Star Health change hands in block deal as 3 FDIs offload stake
Mumbai: Around 4.1 crore shares of Star Health and Allied Insurance, representing a 7.05 percent stake in the company, were exchanged in block deals on the stock exchanges, media reported.
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.