SEARCHED FOR:FDI IN INDIA
FDI inflow from China declines to USD 163.77 million in FY20: Anurag Thakur
With regard to outflow from India, Minister of State for Finance Anurag Singh Thakur said, it was USD 20.63 million in calendar year 2020 as against USD 27.57 million in the corresponding period last year. To curb opportunistic takeovers or acquisitions of Indian companies due to the current COVID-19 pandemic, the government issued Press Note 3 earlier this year, he said.
Government's decision on FDI in defence to enhance self-reliance in sector: Goyal
The permit for up to 74 per cent FDI in the defence manufac...
Govt permits up to 74% FDI under automatic route in defence sector
However, foreign investments in the defence sector would be subject to scr...
India needs to look at ESG factors to attract major FDI investment: Mukesh Aghi
The investment pool around the world is estimated to be about USD 45 trillion, of this USD 12 trillion comes under ESG, which is the environmental, social and governmental factors, according to Mukesh Aghi, president of US India Strategic and Partnership Forum (USISPF), an India-centric American business advocacy group.
Govt considering to permit FDI for LLPs in construction development
At present, FDI is permitted under the automatic route in LLPs that are operating in sectors where 100 per cent foreign direct investment is allowed through the automatic route and there are no FDI-linked performance conditions.
India may allow low threshold for beneficial owner under the new FDI rule
On April 18, India tightened its FDI policy for countries with which it shares a land border, putting investments from them on the approval route.
Chinese FDI proposals from Great Wall Motors, Foton await security clearance
“The objective of the national security clearance is to evaluate potential threats, visible or embedded, in proposals received by the home ministry and to provide a national risk assessment. As many as 175 such proposals are pending for approvals,” a senior government official said.
India's commitment to reform being taken seriously by foreign investors: FM Sitharaman
"India's commitment to reform is taken seriously by investors abroad and they take India to be a very desirable destination, otherwise we wouldn't be seeing good amount of FDI coming even during the pandemic time when India, as many of our critics would say, had the strictest lockdown," Sitharaman said.
FDI in commercial mining: Govt nod needed for companies from nations sharing border with India
According to the Press Note 3 of 2020, an entity of a country, which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the Government route.
FDI powers to RBI may cut processing time sharply, to improve ease of doing biz
In a notification dated July 27, the central government gave the RBI the powers to administer the FDI regime, which include allowing the central bank to interpret various rules and grant exemptions pertaining to FDI. The change could cut down the processing time for FDI applications to 5-6 weeks compared with 3-4 months currently, market participants say.
Fall in rankings: Karnataka may register protest to salvage investment image
Karnataka dropped to 17th position in the Ease of Doing Business ranking published by the Department for Promotion of Industry and Internal Trade from the eighth place earlier. The state came ninth in the first Export Preparedness Index (EPI) report - 2020, published by the Centre’s policy think tank Niti Aayog.
Indian economy set for post-COVID-19 rebound as FDI remains buoyant: IHS Markit
"The severe negative impact is expected to result in a significant contraction in GDP in the April-June quarter of 2020, resulting in a recession in the 2020-21 financial year with GDP expected to contract by 6.3 per cent year-on-year," IHS Markit said in its outlook on the Indian economy.
Mining, FDI reforms in the offing, says Piyush Goyal
"We will simplify processes and make it easier to do business here,” Piyush Goyal said.
DPIIT to soon approach Cabinet for 74 pc FDI through auto route in Defence :Sources
The decision to permit up to 74 per cent FDI in the defence manufacturing through the automatic route was announced by Finance Minister Nirmala Sitharaman in May while announcing the fourth tranche of the Rs 20 lakh crore stimulus package for the coronavirus-hit economy.
Ray of hope for realtors: Govt may allow 100% FDI in completed housing projects
India currently allows 100% FDI through the automatic route in construction-development projects — townships, residential and commercial buildings, roads, bridges, hotels, resorts, hospitals, educational institutions, recreational facilities and city and regional-level infrastructure. India, however, prohibits FDI in the real estate business or construction of farm houses.