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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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India to levy tax on investments from Cyprus from April 2017

India to levy tax on investments from Cyprus from April 2017

Fri, Nov 18, 2016

The new agreement provides for assistance between the two countries for collection of taxes.

Domestic reforms to cushion India from global shocks: FM Jaitley

Domestic reforms to cushion India from global shocks: FM Jaitley

Thu, Oct 13, 2016

"Over the last two-and-a-half years most of the sectors have been reviewed and we now have probably the most open FDI policy in the world with 90 per cent of FDI coming in through the automatic route," he said.

FIPB defers decision on Idea Cellular, clears Rs 2,300 crore FDI

FIPB defers decision on Idea Cellular, clears Rs 2,300 crore FDI

Mon, Sep 26, 2016

Deferring a decision on the foreign investment proposals of Idea Cellular and Flag Telecom, the Foreign Investment Promotion Board (FIPB) on Monday cleared 11 proposals entailing foreign direct investment (FDI) inflow of over Rs 2,300 crore, an official source said.

Govt likely to frame single policy for retail, FMCG & e-commerce: Amitabh Kant

Govt likely to frame single policy for retail, FMCG & e-commerce: Amitabh Kant

Thu, Sep 01, 2016

The Government of India is likely to frame single policy for retail, FMCG and e-commerce sector in order to create level-playing field for all stakeholders, said NITI Aayog's chief on Thursday.

Modi gives final nod to woo foreign investors into India

Modi gives final nod to woo foreign investors into India

Thu, Sep 01, 2016

The Union Cabinet chaired by Modi, gave its nod to major changes made to the FDI rules, including hiking foreign investment to 100% in the defence sector.

PM Modi-led Cabinet approves 'radical' changes in FDI policy; permits 100% foreign investment in defence

PM Modi-led Cabinet approves 'radical' changes in FDI policy; permits 100% foreign investment in defence

Wed, Aug 31, 2016

The changes introduced in the policy included increase in sectoral caps, bringing more activities under automatic route and easing of conditionalities for foreign investment.

FIIs' holdings in NSE-listed companies rise after many quarters

FIIs' holdings in NSE-listed companies rise after many quarters

Tue, Aug 16, 2016

Data shows that FIIs holdings in the number of NSE-listed companies has been on the up since September 2015 quarter.

Offline retailers again up in arms against e-commerce Independence Day sales

Offline retailers again up in arms against e-commerce Independence Day sales

Wed, Aug 10, 2016

In a move to stop big players in the e-commerce sector from breaking FDI norms in India, an industry body filed a complaint with DIPP against Amazon, Flipkart and Snapdeal for FDI violations.

Cabinet approves amendment for foreign investment in NBFCs

Cabinet approves amendment for foreign investment in NBFCs

Wed, Aug 10, 2016

The amendment will enable inflow of foreign investment in "Other Financial Services".

Ecommerce companies gear up to celebrate Independence Day

Ecommerce companies gear up to celebrate Independence Day

Mon, Aug 08, 2016

Ecommerce big guns such as Amazon and Flipkart are going all out to offer customers a lot of discounts.

Cabinet drops 1% additional tax on inter-state sales for GST bill

Cabinet drops 1% additional tax on inter-state sales for GST bill

Wed, Jul 27, 2016

The cabinet also approved the decision to compensate States fully for 5 years for the losses due to the GST.

FDI norms relaxation by India credit positive: Moody's

FDI norms relaxation by India credit positive: Moody's

Mon, Jun 27, 2016

Moody said that, "The announcement is credit positive because it demonstrates a continuation of reform momentum and paves the way for private investment and a boost in productivity.”

FDI rules relaxed: Govt gives Apple the go-ahead for India entry

FDI rules relaxed: Govt gives Apple the go-ahead for India entry

Mon, Jun 20, 2016

Apple may have to apply fresh after the local sourcing policy change.

Nirmala Sitharaman revives Apple's India hopes

Nirmala Sitharaman revives Apple's India hopes

Mon, May 30, 2016

On Apple's FDI proposal Sitharaman said that for the high-end technology they will not mind to waiving of 30% local sourcing norms where there is a policy regarding single brand retail.

Apple stores may open soon in India; Govt could waive sourcing norms

Apple stores may open soon in India; Govt could waive sourcing norms

Thu, Apr 28, 2016

Apple had given a detailed presentation to the committee headed by Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek on April 19

India tops 2015 FDI list, beats China

India tops 2015 FDI list, beats China

Fri, Apr 22, 2016

According to fDi Markets, the motives cited by companies investing in India and China are quite similar in nature. For both countries, companies identify domestic market growth potential and proximity to markets as the main two reasons for investing.

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