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Monday, April 12, 2021

FDI

FDI rules in e-commerce to be clarified to prevent ‘creative interpretation’

New Delhi, Mar 25 (IANS): The government is considering measures to curb malpractices by foreign e-commerce companies, including widening the scope of group company as this goes to the root of controlling the sellers, said an official present at a...

CAIT praises Uday Shankar for FICCI stand on e-commerce

New Delhi, Mar 22 (IANS): The Confederation of All India Traders (CAIT) has praised FICCI President Uday Shankar for taking a stand on FDI policy e-commerce. "At the outset, we at CAIT appreciate you for standing up for Indian people and...

FDI hike in insurance to invite foreign majors

New Delhi, Feb 1 (IANS) 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...

Bharti Airtel gets approvals for 100% FDI in subsidiaries

Mumbai, Jan 12 (IANS) Telecom major Bharti Airtel on Tuesday said that it has received required regulatory approvals for 100 per cent foreign direct investment in its downstream companies. In a regulatory filing, the company said that it is initiating...

Tremendous scope for Australian investment into India: Minister

New Delhi, Dec 18 (IANS): 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...

Piyush Goyal invites foreign investors, cites healthy FDI inflows

New Delhi, Dec 15 (IANS) 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...

India attracted $38 billion FDI despite pandemic: Amitabh Kant

Hyderabad, Dec 9 (IANS) 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...

Total FDI inflow during Q2 FY21 stands at $28.1 bn

New Delhi, Nov 28 (IANS) 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...

‘Need to reduce approval requirements for India to raise FDI’

Mumbai (IANS) India can thrive economically in the post-Covid world if it brings changes in policies to welcome global investments, including doing away with the large number of approval requirements for foreign direct investment (FDI), say experts. During a webinar...

Govt may raise FDI cap in insurance companies to 74%

New Delhi, May 20 (IANS) In yet another big reform initiative aimed at bringing more capital into the insurance business, the government may soon open the sector to 74 per cent foreign direct investment (FDI) under the approval route...

Latest News

Easing lockdown could lead to 3rd Covid-19 wave in UK: Scientists

London, April 12 (IANS) British scientists have warned that the British government is risking a third wave of Covid-19...