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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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Amazon plans to open first physical food-only outlets in India; to sell local products on offline & online platforms

Thu, Feb 16, 2017

Amazon is planning to open first physical food-only oultets in India to sell locally produced food items on offline as well as online platforms.

India's January M&A and PE activity jumps 55%

India's January M&A and PE activity jumps 55%

Sun, Feb 12, 2017

"January witnessed around 125 transactions contributing over US$3 bn, which is a 55 per cent increase in values over the same month last year," Prashant Mehra, Partner at Grant Thornton India, was quoted as saying in a statement.

India attracted $32.5 billion foreign direct investment during April-November

India attracted $32.5 billion foreign direct investment during April-November

Mon, Feb 06, 2017

India attracted $32.49 billion (nearly Rs 2,16,214.4 crore) foreign direct investment (FDI) in April-November of 2016-17, Parliament was informed on Monday.

ArthVeda Fund Management raises $250 million from Qatar Holding to invest in Affordable Housing

ArthVeda Fund Management raises $250 million from Qatar Holding to invest in Affordable Housing

Mon, Feb 06, 2017

ArthVeda Fund Management has committed to invest $250 million raised from Qatar Holding in its affordable low and middle income (LMI) fund in India.

FIPB phase out mechanism to be ready in couple of months: Das

FIPB phase out mechanism to be ready in couple of months: Das

Sun, Feb 05, 2017

"We will come out with a revised mechanism. The powers will be delegated to the regulators or to the individual ministries or department (for dealing with remaining 10 per cent FDI proposal which requires government approval)," Das told PTI in an interview.

Amazon seeks government's nod for e-retail of food products in India

Amazon seeks government's nod for e-retail of food products in India

Fri, Feb 03, 2017

The US-based e-commerce company Amazon has sought Goverment of India's nod for online retailing of food products produced and manufactured in India.

Will shut down FIPB through Executive order, Finance Ministry Sources say

Will shut down FIPB through Executive order, Finance Ministry Sources say

Thu, Feb 02, 2017

A day after the Union Budget declared that the Foreign Investment Promotion Board (FIPB) will be phased-out in the next fiscal, sources from the Ministry of Finance said that the FIPB will be shut down through the passage of an Executive order.

Start-ups celebrate initiatives taken by govt in Budget 2017

Start-ups celebrate initiatives taken by govt in Budget 2017

Wed, Feb 01, 2017

Jaitley announced that for small businesses with an annual turnover of Rs 50 crore they will now have to pay 5% less income tax. This brings down their income tax level to 25%.

Here's excerpt of full text of FM Arun Jaitley's Union Budget 2017 speech

Here's excerpt of full text of FM Arun Jaitley's Union Budget 2017 speech

Wed, Feb 01, 2017

Finance Minister Arun Jaitley presented India's Union Budget 2017-18 in the Lok Sabha in New Delhi on Wednesday.

Budget 2017: E-commerce companies expect govt to announce policies for ease of funding, reduction in income tax, others

Budget 2017: E-commerce companies expect govt to announce policies for ease of funding, reduction in income tax, others

Tue, Jan 31, 2017

Find out what e-commerce companies expect from India's Union Budget 2017-18 which will be presented on February 1.

E-commerce players seek sops on digital transactions in Budget

E-commerce players seek sops on digital transactions in Budget

Wed, Jan 25, 2017

With the government`s emphasis on a less-cash economy, stakeholders in the country`s digital space have sought incentives in the upcoming Union Budget on February 1. The incentives would help to promote e-commerce -- an essential component of non-monetary transactions, they said.

Budget 2017: Looking forward to clarity in FDI norms in retail for level playing field, says RAI CEO Rajagopalan

Budget 2017: Looking forward to clarity in FDI norms in retail for level playing field, says RAI CEO Rajagopalan

Tue, Jan 24, 2017

Head of the apex body of Indian retailers, Kumar Rajagopalan, CEO, Retailers Association of India on Monday said that he was awaiting clarity in foreign direct investment (FDI) norms in the sector.

Government mulls easing foreign direct investment norm for single brand retail

Tue, Jan 17, 2017

The government is considering allowing 100% FDI through automatic route in single brand retail to attract a larger number of global players in the sector.

Will complete investment of Rs 1.25 lakh crore in Gujarat by March: Mukesh Ambani

Will complete investment of Rs 1.25 lakh crore in Gujarat by March: Mukesh Ambani

Tue, Jan 10, 2017

Mukesh Ambani, India's richest person, on Tuesday said his Reliance Industries will complete investment of Rs 1.25 lakh crore in refinery and petrochemical expansion projects in Gujarat by March, exceeding commitments made by Rs 10,000 crore.

Motivated to further simplify policies for ease of doing business: PM Modi

Motivated to further simplify policies for ease of doing business: PM Modi

Tue, Jan 10, 2017

He said that his government is strongly committed to continuing economic reforms.

FDI up 27% at $27.82 billion in April-October this fiscal

FDI up 27% at $27.82 billion in April-October this fiscal

Wed, Jan 04, 2017

India receives maximum FDI from Singapore, Mauritius, the Netherlands and Japan.

IndiGo, SpiceJet raise red flag over Govt's decision to allow 100% FDI in aviation

IndiGo, SpiceJet raise red flag over Govt's decision to allow 100% FDI in aviation

Wed, Jan 04, 2017

IndiGo and SpiceJet have raised "security" concerns over the government's decision to allow 100% foreign ownership by non-airline players in the Indian carriers.

Govt expects high FDI inflow momentum to continue in 2017

Govt expects high FDI inflow momentum to continue in 2017

Fri, Dec 16, 2016

Pinning hopes on a slew of foreign direct investment (FDI) reforms unveiled by the government in 2016, the government expects that the momentum of high FDI inflows will continue in the new year. FDI inflows in January-September jumped 21% to $32.18 billion.

Apple holds talks with Indian government on opening stores

Wed, Dec 07, 2016

Apple Inc officials on Tuesday met Commerce Ministry top brass amid its plans to open stores in India without initially having to source components locally.

Indian economy grew 7.1% in April to Sept period of FY17: Sitharaman

Indian economy grew 7.1% in April to Sept period of FY17: Sitharaman

Mon, Nov 28, 2016

India's economy grew at 7.1% in the first six months of the current financial year 2016-17 (FY17) despite subdued growth in the world economy, Union Minister Nirmala Sitharaman said on Monday.

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