FDI IN COAL
State of California hopes to boost trade ties with India
Kounalakis, who is visiting India along with the Bay Area Business Council, said with a significant number of Indian technology professionals in the Bay Area, the potential for growth through investment and partnership in the tech sector between the two countries is enormous.
Govt promulgates ordinance for amendment in laws to ease auction of coal mines
The amendments in the laws would offer unexplored and partiall...
Monopoly miner to deter investors from coal mining in India
Competition from an Indian state-run monopoly may stymie PM’s efforts to attract ...
Remarks on Amazon won't send wrong signal to investors: Piyush Goyal
“Not at all,” he told ET when asked if his statement would send a wrong signal to global investors. India welcomes, values and respects foreign investment, Commerce and industry minister Piyush Goyal added. The minister restated that it is expected that large companies will respect the law of land.
Walmart India lets go of top executives across divisions
Walmart announced layoffs across sourcing, agri-biz & FMCG divisions. More people will have to leave later.
Financial services sector: Tackling demand and credit crises
With banks risk-averse & NBFCs facing liquidity crunch, the sector wants to regain confidence to restart lending.
Govt approves ordinance to boost FDI in coal mining
In a bid to boost coal mining in the country, the Union government today approved an ordinance which is expected to boost FDI in the sector ...
India to propose easing foreign investment rules further
The Finance Ministry has suggested increasing the limit on foreign direct investment in insurance and pension companies to 74% from the present 49% and allowing foreign airlines to own Indian carriers.
Govt approves ordinance to remove end user restrictions, boost FDI in coal mining
The government proposes to kick-start commercial coal mining auction process this month.
FDI rises 15 per cent during Apr-Sep to $26 billion
Inflow of foreign direct investment (FDI) during April-September of 2018-19 stood at USD 22.66 billion. Singapore continued to be the largest source of FDI in India during the first half of the financial year with USD 8 billion investments.
India hopes to continue FDI growth story in 2020
Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said that despite a slowdown in the global economy, inflows of foreign investment into the country have not been impacted. India received a USD 27.2-billion foreign investment in the first half of 2019 and the pace is said to have sustained thereafter.
Face consequences if you go on strike: Govt to employees
The Central Trade Union, except Bhartiya Mazdoor Sangh, and their affiliates in different sectors are mobilising workers and employees for their proposed nationwide general strike on January 8, to protest against some of the central government policies and press for 12-point common demands.
India-Mauritius FTA nears finalisation
Negotiations were held across several sectors including goods, services, rules of origin, technical barriers to trade and sanitary and phyto-sanitary measures, trade remedies and dispute settlement. In a free trade agreement, two trading partners cut or eliminate duties on majority of goods besides liberalising norms to promote services trade and boost investments.
Modi's grand coal plan could be up against too big a barrier
India is trying to increase output as new thermal power plants and steel mills boost demand at home even as the world is turning away from the polluting fuel. Last year, the government allowed 100% foreign direct investment in coal extraction amid surging imports and falling output at Coal India. The move didn’t result in any substantial investment.
Insurance intermediaries with majority foreign stake can't repatriate over 75% as dividend: IRDAI
On the quantum of dividend payable, it said: "The dividend payout ratio shall not exceed 75 per cent. Dividend payout ratio shall be calculated as a percentage of 'dividend payable in a year' (excluding dividend tax) to 'profit after tax during the year'.
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