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India’s economy is strong, there’s no panic: Javadekar

India’s economy is strong, there’s no panic: Javadekar

🕔19:24, 8.Sep 2019

New Delhi, Sep 8  Dispelling all doubts about the slowdown in economy, Union Information and Broadcasting Minister Prakash Javadekar on Sunday explained it was only a “cyclical process” and the fundamentals of the economy continues to remain “strong”. India in

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Union Budget proposes permitting 100% Foreign Direct Investment (FDI) for insurance intermediaries

Union Budget proposes permitting 100% Foreign Direct Investment (FDI) for insurance intermediaries

🕔13:52, 5.Jul 2019

Easing of Local Sourcing Norms also proposed for FDI in Single Brand Retail sector Rationalization of existing Know Your Customer (KYC) norms for FPIs contemplated to make it more investor friendly NRI-Portfolio Investment Scheme Route proposed to be merged with

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FDI in India grew by 6% to $42bn in 2019: UNCTAD

FDI in India grew by 6% to $42bn in 2019: UNCTAD

🕔13:33, 13.Jun 2019

United Nations, June 13  Foreign Direct Investment (FDI) in India grew by 6 per cent to $42 billion last year, according to the UN Conference on Trade and Development (UNCTAD). “Investment was strong in manufacturing, communication and financial services —

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Snapdeal bats for new FDI policy in e-commerce from Feb 1

Snapdeal bats for new FDI policy in e-commerce from Feb 1

🕔19:44, 29.Jan 2019

Bengaluru, Jan 29  Leading e-tailer Snapdeal on Tuesday supported the implementation of revised Foreign Direct Investment (FDI) policy on e-commerce from February 1. “Snapdeal supports the immediate implementation of the current FDI policy on e-commerce so that marketplaces are not

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Doing business in India now easier, cheaper, faster, smarter: Modi

Doing business in India now easier, cheaper, faster, smarter: Modi

🕔17:14, 18.Jan 2019

Gandhinagar, Jan 18  Prime Minister Narendra Modi on Friday said that his government had made doing business in India easier, cheaper, faster and smarter with his term accounting for almost 45 per cent of the Foreign Direct Investment (FDI) that

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E-commerce FDI policy bars foreign investment in multi-brand retail: Government

E-commerce FDI policy bars foreign investment in multi-brand retail: Government

🕔07:58, 4.Jan 2019

New Delhi, Jan 4  The Centre on Thursday said the Foreign Direct Investment (FDI) policy on e-commerce does not allow foreign investments into multi-brand retail. The Departent of Industrial Policy and Promotion (DIPP), in a statement assured that FDI in

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Auto sector may attract $8-10 bn investment by 2023: Government

Auto sector may attract $8-10 bn investment by 2023: Government

🕔10:38, 28.Dec 2018

New Delhi, Dec 28  The Central government expects the Indian automobile sector to attract around $8-10 billion in local and foreign investment by 2023. According to the “Year End Review 2018” of the Ministry of Heavy Industries & Public Enterprises

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Chinese FDI to US declined 30% in 2017, says survey

Chinese FDI to US declined 30% in 2017, says survey

🕔08:32, 21.Jun 2018

New York, June 21  Foreign direct investment (FDI) from China to the United States declined 30 per cent in 2017 compared to a record high in 2016, a report released on Wednesday said. The report, 2018 Annual Business Survey Report

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Cabinet approves Rs 24,000 cr FDI in HDFC Bank

Cabinet approves Rs 24,000 cr FDI in HDFC Bank

🕔10:14, 14.Jun 2018

New Delhi, June 14  In another move to bolster the Indian banking system, the Union Cabinet on Wednesday approved a Rs 24,000 crore foreign direct investment (FDI) as additional share capital into private sector HDFC Bank, Finance Minister Piyush Goyal announced.

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Government clears FDI proposals worth Rs 3,250 cr

Government clears FDI proposals worth Rs 3,250 cr

🕔11:36, 11.May 2018

New Delhi, May 11  The Finance Ministry on Friday said it cleared an FDI proposal last month which will bring total foreign investment worth Rs 3,250 crore. The proposal sought Foreign Direct Investment (FDI) in Hindustan Infralog Pvt Ltd, a

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FDI in India only up 0.27% in Apr-Dec 2017

FDI in India only up 0.27% in Apr-Dec 2017

🕔09:54, 22.Feb 2018

New Delhi, Feb 22  Foreign direct investment (FDI) in India increased by a marginal 0.27 per cent to $35.94 billion during the April-December period of the current fiscal, according to data released by the Department of Industrial Policy and Promotion

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Banks stocks shoot up on 100% FDI in private banks reports

Banks stocks shoot up on 100% FDI in private banks reports

🕔14:52, 18.Jan 2018

Mumbai, Jan 18  Banking stocks on Thursday zoomed following reports that the government may allow 100 per cent foreign direct investment (FDI) in private sector banks. The S&P BSE banking index surged by 1.64 per cent — almost 500 points

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Government approves FDI proposals worth Rs 24.56 cr

Government approves FDI proposals worth Rs 24.56 cr

🕔10:02, 3.Nov 2017

New Delhi, Nov 3  The government on Thursday said that it has approved foreign direct investment (FDI) proposals worth Rs 24.56 crore, including one from Sterling Commerce Solutions India. “During the month of October, the Department of Economic Affairs (DEA), Ministry

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US, China, India to be top prospective destinations for FDI: UNCTAD

US, China, India to be top prospective destinations for FDI: UNCTAD

🕔09:00, 8.Jun 2017

Geneva, June 8  The US, China and India are considered to be the most prospective destinations for foreign direct investment (FDI), predicted the United Nations Conference on Trade and Development (UNCTAD) on Wednesday in its annual report on investment. According

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CCEA approves foreign investment proposal worth Rs 9,000 crore

CCEA approves foreign investment proposal worth Rs 9,000 crore

🕔07:57, 4.May 2017

New Delhi, May 4  The central government on Wednesday approved a foreign direct investment (FDI) proposal of up to Rs 9,000 crore. The decision to approve the foreign investment proposal of Twin Star Technologies was taken by the Cabinet Committee on

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Government lauds 7.9 per cent GDP forecast by Goldman Sachs for 2016-17

Government lauds 7.9 per cent GDP forecast by Goldman Sachs for 2016-17

🕔10:40, 26.Aug 2016

New Delhi, Aug 26  The central government on Thursday lauded global investment banker Goldman Sachs for awarding a growth forecast of 7.9 per cent for the Indian economy in the current fiscal, riding on an improved monsoon, key reforms and

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India most open economy for FDI: Modi

India most open economy for FDI: Modi

🕔10:52, 21.Jun 2016

New Delhi, June 21  Prime Minister Narendra Modi said on Monday that India was now the most open economy in the world for FDI with most sectors were under automatic approval route.He said in a tweet that the amendments in

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Government issues simpler, investor friendly compendium on FDI

Government issues simpler, investor friendly compendium on FDI

🕔09:53, 11.Jun 2016

New Delhi, June 11  The government has released an updated compendium on foreign direct investment (FDI) policy by incorporating all changes and eliminating unnecessary explanations, an official statement said on Friday.Announcing publication of the ninth edition of the Consolidated FDI

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Guidelines soon for 100% FDI in food processing sector: Badal

Guidelines soon for 100% FDI in food processing sector: Badal

🕔15:34, 2.Jun 2016

New Delhi, June 2  Appropriate rules and guidelines are being framed by the government to encourage investment through Foreign Direct Investment (FDI) route in the retail market for the food processing industry.“The Ministry of Commerce is framing the guidelines,” Union

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