Back to homepage

Tag "fdi"

India attracts over $72 bn FDI in April-Jan FY21

India attracts over $72 bn FDI in April-Jan FY21

🕔19:13, 5.Apr 2021

New Delhi, April 5  India has attracted record total FDI inflow for the first ten months of a financial year in 2020-21. Accordingly, the inflow rose to $72.12 billion during April to January, 2021, 15 per cent higher as compared

Read Full Article
FDI in Mexico falls 11.7% in 2020 due to Covid-19

FDI in Mexico falls 11.7% in 2020 due to Covid-19

🕔11:34, 19.Feb 2021

Mexico City, Feb 19  Foreign Direct Investment (FDI) in Mexico fell 11.7 per cent in 2020, reaching $29.079 billion, due to the Covid-19 pandemic, the Economy Ministry said. According to the ministry’s preliminary estimates, last year’s FDI fell short of

Read Full Article
FDI hike in insurance to invite foreign majors

FDI hike in insurance to invite foreign majors

🕔12:56, 1.Feb 2021

New Delhi, Feb 1  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

Read Full Article
FDI flow into India grows 13% in 2020

FDI flow into India grows 13% in 2020

🕔07:32, 26.Jan 2021

New Delhi, Jan 26  Foreign Direct Investments (FDI) into India rose 13 per cent in 2020, backed by investments into the digital sector, said a report by the United Nations Conference of Trade and Development (UNCTAD). The growth in FDI

Read Full Article
India’s YoY FDI inflow rises over 11% in Apr-Oct to $46.8 bn

India’s YoY FDI inflow rises over 11% in Apr-Oct to $46.8 bn

🕔20:55, 31.Dec 2020

New Delhi, Dec 31  Foreign direct investments (FDI) into India have increased by over 11 per cent during the ongoing fiscal on a year-on-year basis, showed data from the Department for Promotion of Industry & Internal Trade (DPIIT). Total FDI

Read Full Article
Tremendous scope for Australian investment into India: Minister

Tremendous scope for Australian investment into India: Minister

🕔17:46, 18.Dec 2020

New Delhi, Dec 18  Union Minister Piyush Goyal on Friday said that there is tremendous scope for Australian investment into India as the country eases FDI norms and opens up different sectors. Addressing the CII’s session on ‘Enhancing India Australia

Read Full Article
Piyush Goyal invites foreign investors, cites healthy FDI inflows

Piyush Goyal invites foreign investors, cites healthy FDI inflows

🕔16:37, 15.Dec 2020

New Delhi, Dec 15 While inviting the participation of foreign investors into India’s economy, Union Minister Piyush Goyal on Tuesday said during April-September period, the country received FDI inflows worth $40 billion. Addressing the inaugural session of CII’s Partnership Summit 2020,

Read Full Article
India attracted $38 billion FDI despite pandemic: Amitabh Kant

India attracted $38 billion FDI despite pandemic: Amitabh Kant

🕔06:55, 10.Dec 2020

Hyderabad, Dec 10  India attracted $38 billion inflow of Foreign Direct Investment (FDI) despite the world reeling under Covid-19 pandemic, said NITI Aayog CEO Amitabh Kant. He said that Niti Aayog has taken up various measures to attract FDI and

Read Full Article
Total FDI inflow during Q2 FY21 stands at $28.1 bn

Total FDI inflow during Q2 FY21 stands at $28.1 bn

🕔20:15, 28.Nov 2020

New Delhi, Nov 28  The total foreign direct investment (FDI) during the second quarter of financial year 2020-21 stood at $28.10 billion, out of which FDI equity inflows were $23.44 billion. “This takes the FDI equity inflows during the financial

Read Full Article
CCEA nod to ATC Asia Pacific’s stake acquisition in ATC Telecom Infra

CCEA nod to ATC Asia Pacific’s stake acquisition in ATC Telecom Infra

🕔18:19, 25.Nov 2020

New Delhi, Nov 25  The Cabinet Committee on Economic Affairs on Wednesday approved the FDI proposal for acquisition of 12.32 per cent of equity share capital, on a fully diluted basis, of ATC Telecom Infrastructure Pvt Ltd by ATC Asia

Read Full Article
Govt overhauls FDI approval procedures; issues new SoP with timelines for each stage of approval

Govt overhauls FDI approval procedures; issues new SoP with timelines for each stage of approval

🕔20:11, 19.Nov 2020

New Delhi, Nov 19  The government made major changes in Foreign Direct Investment (FDI) regime with the focus on simplification of procedures and administration rather than a tweak in the investment caps. Accordingly, the Department for Promotion of Industry and

Read Full Article
FM cites PMI, FDI, stocks markets to show ‘strong recovery’

FM cites PMI, FDI, stocks markets to show ‘strong recovery’

🕔16:01, 12.Nov 2020

New Delhi, Nov 12  Finance Minister Nirmala Sitharaman on Thursday said the Indian economy was witnessing a strong recovery. Addressing the media here, Sitharaman cited several data, including the growth in Composite Purchase Managers Index (PMI), GST collections, FDI inflow

Read Full Article
India restricts entry of Chinese firms in commercial coal mine auctions

India restricts entry of Chinese firms in commercial coal mine auctions

🕔07:26, 4.Aug 2020

New Delhi, Aug 4  The government has restricted participation of companies from countries sharing a land border with India in the ongoing auction of coal mines for commercial extraction by the private sector. The Coal Ministry has issued a corrigendum

Read Full Article
FDI boost: Rupee to gain strength via inflows

FDI boost: Rupee to gain strength via inflows

🕔10:11, 19.Jul 2020

Mumbai, July 19  The Indian rupee is expected to strengthen as healthy FDI inflows along with FII funds pour into the country. Analysts pointed out a range between 74.50 and 75.50 for the rupee as trade surplus, healthy forex reserves

Read Full Article
Nasscom Launchpad to help Indian tech startups explore US market

Nasscom Launchpad to help Indian tech startups explore US market

🕔12:39, 9.Jul 2020

New Delhi, July 9  IT industry’s apex body Nasscom on Wednesday announced the virtual launch of its Launchpad in New Jersey in the US that will provide a platform for member companies to explore opportunities to do business in New

Read Full Article
Ministry for Investments, Masdar ink deal for 500 MW wind farm

Ministry for Investments, Masdar ink deal for 500 MW wind farm

🕔18:28, 9.Jun 2020

Masdar, a UAE based renewable energy company, will build 500 MW capacity wind power plant in the Navoi province. The signing ceremony of the investment agreement between the UAE company and the Ministry of Investment and Foreign Trade took place on

Read Full Article
FDI inflows rise 18% to $73 bn in FY20: Minister

FDI inflows rise 18% to $73 bn in FY20: Minister

🕔06:52, 29.May 2020

New Delhi, May 29  Union Commerce and Industry Minister Piyush Goyal on Thursday said that total FDI into India grew at 18 per cent in 2019-20 to reach $73 billion. Last year, India had received FDI worth around $62 billion.

Read Full Article
FDI limit for defence manufacturing to be raised to 74%

FDI limit for defence manufacturing to be raised to 74%

🕔18:23, 16.May 2020

New Delhi, May 16  In a big-bang reform measure, the Union government has decided to raise the limit for foreign direct investment (FDI) for defence manufacturing from 49 to 74 per cent under the automatic route. Speaking to the media

Read Full Article
Facebook buying 9.99% stake in Reliance Jio for Rs 43,574 cr, largest FDI in India’s tech sector

Facebook buying 9.99% stake in Reliance Jio for Rs 43,574 cr, largest FDI in India’s tech sector

🕔07:06, 22.Apr 2020

New York, April 22  It’s official. Social media and tech giant Facebook is pouring in Rs 43,574 crore for a 9.99 per cent stake in India’s oil-retail-telecom conglomerate Reliance Industries Limited (RIL) led Jio Platforms — the largest investment for

Read Full Article
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

Read Full Article