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63 Indians have more money than what India got in Budget 2018

India's richest 1% hold more than four-times the wealth held by 953 mn people who make up for the bottom 70%.

FDI in coal

Jan 20, 2020, 12.47 PM IST

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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 ...

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  • “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 announced layoffs across sourcing, agri-biz & FMCG divisions. More people will have to leave later.

    With banks risk-averse & NBFCs facing liquidity crunch, the sector wants to regain confidence to restart lending.

    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 ...

    ​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.

    The government proposes to kick-start commercial coal mining auction process this month.

    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.

    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.

    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.

    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.

    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.

    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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