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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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Govt approves Amazon's proposal for FDI in food

Govt approves Amazon's proposal for FDI in food

Tue, Jul 11, 2017

The government has approved American e-commerce major Amazon's proposed USD 500 million investment in retailing of food products in India, an official said. The proposal was pending before the Foreign Investment Promotion Board (FIPB) which has been abolished now.

Over 50 global retailers to enter India in six months

Over 50 global retailers to enter India in six months

Mon, Jun 19, 2017

Over 50 new retail brands that have tied up with Franchise India may enter India in the next six months investing a total of $300-500 million.

India needs to open markets to grow at 8-10%: Arvind Subramanian

India needs to open markets to grow at 8-10%: Arvind Subramanian

Thu, Jun 08, 2017

Batting for India to have an open economy, Chief Economic Adviser Arvind Subramanian on Thursday said any reversal of the globalisation trend must be prevented in order to have a growth rate of 8-10 per cent.

FDIs in India flat in 2016, but prospects bright: UNCTAD

FDIs in India flat in 2016, but prospects bright: UNCTAD

Thu, Jun 08, 2017

The World Investment Report released by the UN agency in Geneva on Wednesday said that FDI rose by a paltry one % in 2016 to $44.486 billion from the $44.064 billion in 2015.

100% FDI in domestic airlines poses security risks, says FIA

100% FDI in domestic airlines poses security risks, says FIA

Fri, May 26, 2017

Permitting foreign firms to fully own a domestic airline could have serious security implications, besides giving rise to other issues, the Federation of Indian Airlines (FIA) has told the government.

No local sourcing norms for Tesla cars in India, Elon Musk

No local sourcing norms for Tesla cars in India, Elon Musk

Tue, May 23, 2017

Elon Musk CEO of electric car maker Tesla in a tweet blamed the FDI norms in India for the delay in its entry into the Indian market. However, the government clarified that it does not have any such regulation regarding automobile companies.

Big ticket & systemic reforms in last three years; more to follow: Nirmala Sitharaman

Big ticket & systemic reforms in last three years; more to follow: Nirmala Sitharaman

Sun, May 21, 2017

As the NDA government has completed its three years in May, Union Minister Nirmala Sitharaman told a news agency on Sunday that the government has taken big ticket and systemic reforms in various sectors like taxation, FDI policy, power, aviation, among others.

GST to be best achievement of PM Narendra Modi government: Assocham

GST to be best achievement of PM Narendra Modi government: Assocham

Sun, May 21, 2017

As India's prime minister Narendra Modi has completed his three years of tenure this May industry organisation Assocham has said the implementation of the GST in the next few weeks would be the biggest achievement of the prime minister.

India's foreign direct investment inflow momentum may slow in 2017: HSBC

India's foreign direct investment inflow momentum may slow in 2017: HSBC

Sun, May 07, 2017

HSBC in its latest report has said that India's foreign direct investment (FDI) inflow momentum may slow down this year and exports too may not revive with "full gusto" as domestic bottlenecks remain.

Protectionism can blunt US firms' efficiency & can affect Indian companies, says FM Arun Jaitley

Protectionism can blunt US firms' efficiency & can affect Indian companies, says FM Arun Jaitley

Sun, May 07, 2017

India's finance minister Arun Jaitley while speaking at 'Asia's Economic Outlook: Talking Trade' on the sidelines of Asian Development Bank's 50th annual meet in Japan said that the US firms may become sluggish if cheaper products and efficient services are cut off to them due to protectionist policies.

Time has come to deepen economic relations with Turkey: PM Modi to President Erdogan

Time has come to deepen economic relations with Turkey: PM Modi to President Erdogan

Mon, May 01, 2017

Besides this, PM Modi said that the government is planning metro rail projects in 50 cities and high speed trains in various national corridors. “

Patanjali eyes 20% share in country's processed food market

Patanjali eyes 20% share in country's processed food market

Fri, Apr 21, 2017

Home-grown FMCG major Patanjali Ayurved is looking to double its share in the country's food processing market to 20 % in the current fiscal.

Kia Motors may invest Rs 10,000 crore in manufacturing plant in Andhra Pradesh

Kia Motors may invest Rs 10,000 crore in manufacturing plant in Andhra Pradesh

Mon, Apr 17, 2017

Kia Motors in the first phase will put Rs 6,000 crore investment into the manufacturing plant.

Govt may soon allow 100% FDI in cash, ATM management companies

Govt may soon allow 100% FDI in cash, ATM management companies

Sun, Apr 16, 2017

The government in 2015 permitted 100 per cent FDI under the automatic route for white label ATM operations with an aim to promote financial inclusion.

Airlines may get 100% FDI soon

Airlines may get 100% FDI soon

Thu, Mar 30, 2017

Airlines may get 100% FDI soon. Watch this special segment and get to know more here.

India notifies amended tax treaty with Singapore; to impose capital gains tax at source of investments from April 1

India notifies amended tax treaty with Singapore; to impose capital gains tax at source of investments from April 1

Thu, Mar 23, 2017

The Finance Ministry on Thursday has notified the amended India-Singapore tax treaty under which capital gains tax will be levied at source of investments with effect from April 1.

Amazon enthusiastic over easing FDI norms; wants to invest in food supply

Amazon enthusiastic over easing FDI norms; wants to invest in food supply

Fri, Mar 17, 2017

E-commerce giant, Amazon India on Friday said that they were looking to partner with the government to increase food supply chain in the country.

Govt considering amending 100% foreign airline ownership rules, says Jayant Sinha

Govt considering amending 100% foreign airline ownership rules, says Jayant Sinha

Wed, Mar 15, 2017

Aviation Minister, Jayant Sinha, speaking in the capital city on Wednesday said that the government was considering amending the ‘100% foreign airline ownership rule in India.’

Will Amazon succeed in the online grocery business where other start-ups have failed?

Will Amazon succeed in the online grocery business where other start-ups have failed?

Tue, Mar 14, 2017

Recently Amazon Pantry extended its reach by setting its business operations in Chennai.

FIPB approves 15 foreign direct investment proposals worth Rs 12,000 crore

FIPB approves 15 foreign direct investment proposals worth Rs 12,000 crore

Tue, Feb 21, 2017

The Foreign Investment Promotion Board (FIPB), headed by Economic Affairs Secretary Shaktikanta Das, has cleared 15 foreign investment proposals worth Rs 12,200 crore, which includes investments from Apollo Hospitals, Hindustan Aeronautics, Dr Reddy's and Vodafone.

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