Tag: Fdi

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Government Allows 26% Foreign Direct Investment In Digital Media

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 […]

  • Monday, 26 April 2021
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Low GDP Not For The First Time, Economy To Bounce Back: PM Modi

New Delhi: Noting that the economy has gone through ups and downs in the past too, Prime Minister Narendra Modi on Friday cited macroeconomic data from previous governments to suggest that the economy would bounce back again with much vigour and strength. Speaking at the centenary event of industry chamber Assocham, Modi said that GDP […]

  • Thursday, 22 April 2021
Nirmala-Sitharaman
FM Nirmala Sitharaman Cites FDI, FPI, GST Collection To Show 'Reviving Economy'

New Delhi: In a bid to counter criticism over the slowdown, Finance Minister Nirmala Sitharaman on Tuesday stressed on seven economic indicators and data to show that the Indian economy is stable and said that green shoots for its revival are clearly visible and would ensure that growth picks up from here. In her reply […]

  • Monday, 19 April 2021
India China
Chinese investment under scanner as Govt tweaks law post COVID-19

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 […]

  • Saturday, 17 April 2021
PM-Modi
PM holds meeting to discuss strategies to attract more foreign investments, boost economy

New Delhi: Prime Minister Narendra Modi on Thursday held a “comprehensive” meeting to discuss strategies to attract more foreign investments into India as well as to promote local investments in order to give a boost to the economy against the backdrop of the COVID-19 pandemic. PM Modi directed that measures should be taken to handhold […]

  • Saturday, 17 April 2021
Foreign-Direct-Investment
FDI In India Jumps 13 Pc To Record USD 49.98 Billion In 2019-20

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 […]

  • Friday, 16 April 2021
FDI
Union Budget 2021: FDI Hike In Insurance To Invite Foreign Majors

New Delhi: In a big boost to FDI inflows and the insurance sector, Finance Minister Nirmala Sitharaman on Monday announced increase of FDI limits from 49 per cent to 74 per cent. Shares of insurance stocks surged after the announcement. ICICI Prudential Life Insurance was up by 2.87 per cent and Max Financial was up […]

  • Tuesday, 06 April 2021
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