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: 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 […]
New Delhi: The government on Wednesday relaxed Foreign Direct Investment or FDI rule for foreign single brand retailers and also permitted foreign investment in contract manufacturing and coal mining. Briefing reporters on the decisions taken by the Union Cabinet headed by Prime Minister Narendra Modi, Commerce and Industry Minister Piyush Goyal said 100 per cent […]
United Nations: India was among the top 10 recipients of Foreign Direct Investment in 2019, attracting USD 49 billion in inflows, a 16 per cent increase from the previous year, driving the FDI growth in South Asia, according to a UN report released on Monday. The Global Investment Trend Monitor report compiled by United Nations […]
New Delhi: In a move presumably aimed at blocking China and its companies from opportunistic takeovers of Indian companies due to the COVID-19 pandemic and subsequent crisis, India has clarified that foreign investments from countries with which India shares land border shall be under government approval route. According to a clarification by Department for Promotion […]
New Delhi: Foreign direct investment (FDI) in India rose by 13 per cent – the sharpest pace in the last four fiscals – to a record of USD 49.97 billion in 2019-20, according to official data. The country had received FDI of USD 44.36 billion during April-March 2018-19. Foreign investments in the last fiscal grew […]
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