Search For "fdi"
Finance Minister proposes to increase FDI limit to 74 pc in insurance comp
Updated : 5 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Finance Minister Nirmala Sitharaman on Monday proposed to amend the Insurance Act 1938 to increase the permissible Foreign direct investment (FDI) limit from 49 per cent to 74 per cent in insurance companies and allow foreign ownership and control with
Read More
India's FDI inflows grew by 81 pc in Nov 2020 to USD 10.15 billion
Updated : 5 years, 1 month ago IST
New Delhi [India], January 28 (ANI): India's Foreign Direct Investment (FDI) saw a significant jump in November 2020. FDI data released by the Commerce Ministry shows that total FDI in the month of November 2020 grew by a whopping 81 per cent to USD 10.15 billion against USD 5.6 billion in N
Read More
COVID failed to stop India's upsurge, FDI grew in double digits in 2020: N
Updated : 5 years, 1 month ago IST
New Delhi [India], January 27 (ANI): BJP National President Jagat Prakash Nadda lauded the central government's effort to boost the country's economy and said the foreign direct investment (FDI) in India grew in double digits in 2020 despite the COVID-19 pandemic.
Read More
FDI from China decreased between 2017 to 2019, govt clarifies
Updated : 5 years, 2 months ago IST
New Delhi [India], January 7 (ANI): The Government of India on Thursday clarified that Foreign Direct Investment (FDI) from China has declined from 2017 to 2019 rather than increase as is being claimed on social media.
Read More
Sharp declines in trade but A-Pac performs better: ESCAP
Updated : 5 years, 3 months ago IST
Bangkok [Thailand], Dec 24 (ANI): Despite facing a sharp decline in trade, Asia and the Pacific is expected to perform better than rest of the world during 2020, according to a new brief by the United Nations Economic and Social Commission for Asia and Pacific (ESCAP).
Read More
Uzbekistan attracts USD 6.6 billion Foreign Direct Investment in 2020
Updated : 5 years, 3 months ago IST
Tashkent [Uzbekistan], December 24 (ANI/Xinhua): Uzbekistan has attracted USD 6.6-billion Foreign Direct Investment (FDI) this year and plans to increase it to over 7.6 billion dollars in 2021, the Uzbek president's press service said Thursday.
Read More
Future Retail informs BSE, NSE about Delhi HC order, says Amazon's attempt
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 23 (ANI): Future Retail on Wednesday wrote a letter to BSE and NSE regarding Delhi High Court's recent judgement and apprised that Amazon's attempt to control the company is violative of FEMA FDI rules. It also informed stock exchanges that regulators a
Read More
Cabinet approves revision in guidelines for providing DTH services
Updated : 5 years, 3 months ago IST
New Delhi [India], December 23 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi, has approved the proposal for revision of guidelines for obtaining a license for providing Direct-To-Home (DTH) broadcasting service in India.
Read More
Govt to provide incentive to Samsung to start Rs 4,825 cr unit in UP
Updated : 5 years, 3 months ago IST
Lucknow (Uttar Pradesh) [India] December 11 (ANI): Uttar Pradesh government on Friday said that it has decided to give special incentives to 'Samsung Display Noida Private Limited' which is investing Rs 4,825, for setting up a manufacturing unit of mobile and IT display products in the state
Read More
FDI equity inflows increase 15 pc to USD 30 billion during April-Sept 2020
Updated : 5 years, 3 months ago IST
New Delhi [India], November 28 (ANI): The FDI inflows in the country during the July-September quarter were US$28.1 billion and the FDI equity inflows during the first half of 2020-21 have shown 15 per cent growth in US dollar terms and 23 per cent growth in rupee terms, Commerce Ministry sa
Read More
Cabinet approves FDI of Rs 2480.92 crore in ATC Telecom Infrastructure Pvt
Updated : 5 years, 4 months ago IST
New Delhi [India], November 25 (ANI): The Union Cabinet has approved FDI of Rs 2480.92 crore in ATC Telecom Infrastructure Pvt Ltd by ATC Asia Pacific Pvt Ltd.
Read More
Digital media outlets must bring down FDI to 26 pc by Oct 2021: Centre
Updated : 5 years, 4 months ago IST
New Delhi [India], November 16 (ANI): The central government on Monday asked digital news media outlets to comply with conditions that make them eligible for 26 percent FDI (foreign direct investment) approved by the Union Cabinet last year.
Read More