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FDI inflows jump 47.8% to USD 16.17 billion in April-June 2024

FDI inflows jump 47.8% to USD 16.17 billion in April-June 2024

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.

FDI in India's manufacturing sector hits $165 billion, 69% growth in last 10 years

FDI in India's manufacturing sector hits $165 billion, 69% growth in last 10 years

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.

Slowdown, likely rate cut in US will drive foreign investment to India: Experts

Slowdown, likely rate cut in US will drive foreign investment to India: Experts

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.

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FDI growth up 23 per cent in Apr-June quarter this fiscal

FDI growth up 23 per cent in Apr-June quarter this fiscal

Mon, Aug 27, 2018

Key sectors that received maximum foreign investment during the first quarter of the fiscal include services (USD 2.43 billion), trading (USD 1.62 billion), telecommunications (USD 1.59 billion), computer software and hardware (USD 1.4 billion), and power (USD 969 million).

StatAttack! FDI in India from notorious source rises 1,600%

StatAttack! FDI in India from notorious source rises 1,600%

Wed, Jul 25, 2018

The Cayman Islands, one of the most notorious tax havens in the world, has flooded 1,600% more money as Foreign Direct Investment (FDI) equity into Indian market during the financial year 2017-18.

This is what is to blame for falling FDI inflows in India

This is what is to blame for falling FDI inflows in India

Fri, Jul 13, 2018

The foreign direct investment (FDI) equity inflows in India have grown at their lowest level in the past two years despite various measures undertaken by the government, according to CARE Ratings in its latest report. It was $43.478 billion in FY17 and $44.857 billion in FY18.

FDI growth rate hits 5-year low in 2017-18

FDI growth rate hits 5-year low in 2017-18

Tue, Jul 10, 2018

Foreign direct investment (FDI) in India seems to be petering out with inflows growth rate recording a five year low of 3% in last fiscal

H1B visa row: Disappointed over US plans to tighten visa norms, Suresh Prabhu

H1B visa row: Disappointed over US plans to tighten visa norms, Suresh Prabhu

Thu, Apr 26, 2018

The Trump administration is planning to end allowing spouses of H1-B visa holders to work legally in the US, a top federal agency official has told lawmakers. The move could severely impact thousands of Indians professionals working in America.

New industrial policy finalised, to be announced soon: Suresh Prabhu

New industrial policy finalised, to be announced soon: Suresh Prabhu

Mon, Apr 23, 2018

The government has finalised the new industrial policy, which is set to be announced soon, Commerce and Industry Minister Suresh Prabhu said today. The new policy will replace the industrial policy of 1991 which was prepared in the backdrop of balance of payment crisis.

Incentives for green tech, artificial intelligence likely in new industrial policy

Incentives for green tech, artificial intelligence likely in new industrial policy

Sun, Feb 18, 2018

The proposed policy, the draft of which has been released by the commerce and industry ministry for consultation with various stakeholders, will completely revamp the Industrial Policy of 1991.

Services Sector contributed almost 72.5% of GVA growth in 2017-18

Services Sector contributed almost 72.5% of GVA growth in 2017-18

Mon, Jan 29, 2018

While the growth of Service Sector as a whole is expected to be at 8.3 per cent in 2017-18, the growth in Services exports was 16.2 per cent in H1 of 2017-18.

Idea Cellular seeks govt nod for raising FDI limit to 100%

Idea Cellular seeks govt nod for raising FDI limit to 100%

Sat, Jan 27, 2018

At present, 100 per cent FDI is allowed in telecom companies, of which up to 49 per cent can be done through the automatic route. The inflow of overseas investment beyond that level requires government approval because of security reasons.

India to become $5-trillion economy by 2025, says Modi

India to become $5-trillion economy by 2025, says Modi

Tue, Jan 23, 2018

He said over the past three years, the Indian government has resolved a number of regulatory and policy issues facing businesses, investors and companies

Modi stoutly defends his economic policy, says note ban a huge success

Modi stoutly defends his economic policy, says note ban a huge success

Mon, Jan 22, 2018

Modi said his government was taking decisions to fulfil the needs and aspirations of the common man.

Mauritius largest source of FDI in India, says RBI

Mauritius largest source of FDI in India, says RBI

Fri, Jan 19, 2018

Singapore and Japan were the next two sources of foreign direct investment (FDI), said the Census on Foreign Liabilities and Assets of Indian Direct Investment Companies 2016-17, released by RBI.

What India’s retail sector wants from Budget FY19

What India’s retail sector wants from Budget FY19

Wed, Jan 17, 2018

Along with affordability, retailers look forward to further relaxation to norms to help in ‘ease of doing business’.

Govt allows 100% FDI under automatic route for single brand retail

Wed, Jan 10, 2018

Union Cabinet today approved 100 per cent Foreign Direct Investment (FDI) under automatic route for single brand retail trading. Upto 49 per cent FDI is allowed under automatic route presently, but any investment beyond the limit requires government approval.

Indian origin lawmakers can be catalysts in India's growth: PM Modi

Indian origin lawmakers can be catalysts in India's growth: PM Modi

Tue, Jan 09, 2018

A record USD 16 billion of FDI came into the country last year, Modi said. This, the prime minister said, had happened due to far- reaching policy changes ushered in by his government, with "reform and transform" being its guiding principle.

Govt may allow 100% FDI in telecom via automatic route

Wed, Dec 20, 2017

The proposal is likely to be considered by the Telecom Commission, the apex decision making body of the Department of Telecom, at its meeting scheduled for tomorrow, they said.

India to be high middle income economy by 2047: World Bank CEO

India to be high middle income economy by 2047: World Bank CEO

Sat, Nov 04, 2017

It credited India's "extraordinary" achievement of quadrupling of per capita income to reforms taken in last three decades.

RBI's August monetary policy sends rupee to a two-year high

RBI's August monetary policy sends rupee to a two-year high

Thu, Aug 03, 2017

Rupee crossed over Rs 63 - level on Thursday post RBI's August policy as foreign investors continue to remain optimistic about the Indian economy.

PM Modi holds FDI policy's review meet

PM Modi holds FDI policy's review meet

Sat, Jul 15, 2017

Commerce and Industry Minister Nirmala Sitharaman, among others, attended the meeting which was held at the Prime Minister`s residence.

Not connectivity but application driven, new telecom policy to focus on end users

Not connectivity but application driven, new telecom policy to focus on end users

Wed, Jul 12, 2017

A new telecom policy will be rolled out by the government which will be more application and end user focused rather than connectivity driven like the earlier policy.

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