India and the four-member European Free Trade Association (EFTA) bloc on Sunday (March 10, 2024) signed a free trade deal which Union Commerce Minister Piyush Goyal termed as the country's first modern free trade agreement (FTA) and also equitable, fair and balanced.
Union Cabinet eases FDI norms for space sector to encourage private investment
New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved amendments in the Foreign Direct Investment (FDI) policy on the space sector paving the way for greater FDI inflows and thereby contributing to the growth of investment, income and employment.
India registers highest FDI inflow in 2020-21
The Indian government told Parliament recently that the country registered its highest-ever annual Foreign Direct Investment (FDI) inflow of $81.97 billion in 2020-21, slowly making the country a preferred investment destination amongst global investors.
Insurance Bill 2021 allowing hike in FDI to 74pct passed in Rajya Sabha with voice vote
New Delhi/UNI: The Rajya Sabha on Thursday passed the Insurance (Amendment) Bill 2021 giving hike in the FDI limit to 74 per cent with a voice vote.
Andolanjeevi: PM Modi's political coinage to attack protesters trends on social media
New Delhi/IBNS: Prime Minister Narendra Modi's new political coinage ‘Aandolanjeevi’ (professional protesters) to target the Oppositions and certain group of protesters is now trending on social media.
'Beware of FDI- Foreign Destructive Ideology': PM Modi on global support to farmers' protests
New Delhi/IBNS: Taunting the global support to the farmers' protests, Prime Minister Narendra Modi on Monday referred to FDI as "Foreign Destructive Ideology", asking people to remain vigilant over such a campaign.
Single brand retailers, Air India get FDI boost from Union Cabinet
New Delhi, Jan 10 (IBNS): In a major economic reform by the Narendra Modi-led government, the Union cabinet on Wednesday cleared 100% Foreign Direct Investment (FDI) in single brand retail.
Imports from China affecting Indian MSMEs
New Delhi, Nov 16 (IBNS): Giriraj Singh, Minister of State for Micro, Small and Medium Enterprises (MSMEs) said on Wednesday that Indian MSMEs are facing tough competition from cheap Chinese products and it is evident from the high growth of India’s imports from China.
India will work towards removing imbalance in trade with Kenya: PM Modi
Nairobi, July 11 (IBNS): During his address at the joint meeting of Indian and Kenyan business leaders, Prime Minister Narendra Modi on Monday assured his host country that India will work towards removing the imbalance in trade.
Modi govt eases FDI rules for major Indian sectors
New Delhi, June 20 (IBNS) In a radical economic reforms initiative, the Narendra Modi led NDA government at the centre on Monday opened up foreign direct investment (FDI) further clearing the decks for 100 pc FDI in most sectors, including pharma, aviation and defence sectors.