Tag: Fdi

Annual Foreign Direct Investment (FDI) nearly doubled to $83 billion as 'Make in India', the flagship scheme of the government to facilitate investment and foster innovation, completed eight years.

It may be noted that FDI inflow has increased by 23% post-Covid (March, 2020 to March 2022: USD 171.84 billion) in comparison to FDI inflow reported pre-Covid (February, 2018 to February, 2020: USD 141.10 billion) in India.

Robust capital flows into India resulted in an overall balance of payments (BoP) surplus of $63.1 billion in H1FY22, the Economic Survey 2021-22 said

The Economic Survey 2021-22 has highlighted the track record of the Narendra Modi-led government in garnering FDI for India as compared to the previous regimes of the past two decades.

According to the minister, the Centre has introduced several key policy and business reforms for improving the investment climate.

Bhubaneswar: After Posco-India’s exit from Odisha, the lands in Jagatsinghpur districts acquired by the State for the single largest FDI have become centre of attraction for many. Question arises that who will take this lands and for what purpose? After the steel major pulled out, speculation started doing rounds on the fate of these lands […]

Paradip: A sprawling three-storey building with elegant designing backed up by plenty of open space dots the outskirts of Paradip Seaport Township. There is every reason for a casual visitor to mistake it to be an engineering college imparting B. Tech courses. The closure of this college for summer vacation may strike one’s minds at […]

New Delhi: In major changes liberalising foreign direct investment in key sectors, the Union Cabinet on Wednesday approved 100 per cent foreign investment in single brand retail trading (SBRT) and construction development and decided to open up Air India for FDI up to 49 per cent. Besides, the government also decided that foreign institution investors and […]

United Nations: Foreign Direct Investments (FDI) in India remained almost flat in 2016, but the nation is expected to emerge as one of the top FDI destinations, according to the UN Conference on Trade and Development (UNCTAD). The World Investment Report released by the UN agency in Geneva on Wednesday said that FDI rose by […]

Chennai: The CBI on Tuesday raided the residences of former Finance Minister P. Chidambaram and his son Karti in Chennai, Delhi and various other places alleging he could have benefited to the tune of Rs 3.5 crore for helping in the clearance of an FIPB proposal of media company INX Ltd when his father was […]

Mumbai: The Mumbai and Nhava Sheva Ship Agents Association (MANSA) on Wednesday cautioned that the blatant killing of a high-ranking port official in Paradip, Odisha, could hit international trade, commercial activities and foreign direct investment in the maritime sector. In a letter, MANSA drew the attention of Prime Minister Narendra Modi, the shipping and law […]

New Delhi: Industry body CII today said it expects a recovery in India’s economy in the second half of this financial year. The chamber said that lowering interest rates by 100 basis points could inject a huge growth impulse. In a statement, the Confederation of Indian Industry pointed out that in many sectors, including automobiles, […]

India received USD 64 billion in Foreign Direct Investment in 2020, the fifth-largest recipient of inflows in the world, according to a UN report which said the COVID-19 second wave in the country weighs heavily on the country's overall economic activities but its strong fundamentals provide optimism for the medium term.

Mumbai:India depends on Iran for nearly 10 per cent of its oil requirements, with the US sanction drying this source by May 2, the country’s macroeconomic situation may go for a tailspin if an alternative is not found immediately. India will have to increase its dependence on oil imports from OPEC nations such as Saudi […]

New Delhi: The liberal FDI regime is expected to attract foreign players to invest in the country which is facing a slowdown. Seeking to make India more attractive FDI destination globally, Sitharaman had said that government would examine suggestions of further opening up of FDI in aviation, media (animation) and insurance sectors in consultation with […]