Wednesday, Nov 29, 2023
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Foreign Direct Investment

Uttar Pradesh CM Yogi Adityanath

Uttar Pradesh Govt Announces Policy For Foreign Investments, Proposals To be Cleared For Land Allotment In 22 Days

The evolution committee would have to process the foreign investment proposals in seven days and then an empowered committee would process the proposal within 15 days, according to Uttar Pradesh's new policy.

21 November 2023

FDI.

Hardening Interest Rates, Geo-Political Risks Impacting FDI Inflows: DPIIT Secy

FDI equity inflows into India declined by 22 per cent to USD 46 billion in 2022-23. The investments during the January-March 2023 quarter plunged by 40.55 per cent to USD 9.28 billion

30 May 2023

Total FDI inflows, which include equity inflows, re-invested earnings and other capital, declined to USD 39 billion during the first six months of the current fiscal year

FDI Inflows Expected To Rebound In India: Economic Survey 2023 

Uncertainty arising from the Russia-Ukraine war and monetary tightening at the global level has restricted the FDI equity inflows to India

31 January 2023

ONGC Videsh Limited

ONGC, Reliance-BP Bid For Oil, Gas Blocks, Foreign Giants Continue To Stay Away

India offered 10 blocks for bidding in the eighth round of the Open Acreage Licensing Policy (OALP) in July last year. After extending the bid deadline a few times, the round closed last week

10 July 2023

FDI.

FDI Declines 16% In FY23, First YoY Contraction In Decade

Gross foreign direct investment (FDI) flows declined on an annual basis in 2022-23 to USD 71 billion mainly due to a slowdown in the global economy, according to the RBI data

24 May 2023

Enforcement Directorate (ED)

281 Cases Taken Up For Investigation By ED Regarding Suspected FDI Norm Violations During April '19-March '22

In these cases, following the due process of adjudication, penalties of more than Rs 2,600 crore have been imposed under the FEMA

21 December 2022

Pawan Hans

Govt Calls Of Strategic Sale Of Pawan Hans As Winning Bidder Disqualified

Pawan Hans is a 51:49 joint venture of the government and ONGC

03 July 2023

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Rupee Slips

Rupee Slips 10 Paise To 82.80 Against Dollar

At the interbank forex market, the local unit opened weak at 82.76 against the greenback and witnessed an intra-day high of 82.66 and a low of 82.83

21 December 2022

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01 October 2022
Tech Firm Mphasis To Create 1,000 Jobs In Northern England

Tech Firm Mphasis To Create 1,000 Jobs In Northern England

West Yorkshire Mayor Tracy Brabin led a trade mission to India recently and announced on Friday that she had secured multi million-pound investment for the...


26 August 2022
Online Gaming Industry Could Suffer If GST Hiked To 28%, Warns Trade Body

Online Gaming Industry Could Suffer If GST Hiked To 28%, Warns Trade Body

In a joint report, industry body ASSOCHAM and professional services company Earnest & Young (EY) have warned that the online gaming industry could suffer if...


16 August 2022
US President Joe Biden Believes India-US Relationship Vital To Global Peace, Says US Official

US President Joe Biden Believes India-US Relationship Vital To Global Peace, Says US Official

India and the United States despite their differences are confronting very similar challenges as they move further into the 21st century.


28 July 2022
Manufacturing Sector Gets $21 Billion Foreign Direct Investment In FY22

Manufacturing Sector Gets $21 Billion Foreign Direct Investment In FY22

Singapore (27.01 per cent) and the US (17.94 per cent) have emerged as the top two investors during 2021-22 in India


23 June 2022
Current Account Slips Into Deficit, At 1.2% In FY22 On Wider Trade Gap

Current Account Slips Into Deficit, At 1.2% In FY22 On Wider Trade Gap

In absolute terms, the deficit for FY22 came at $38.7 billion as against a surplus of $24 billion in the year-ago period, data released by the RBI showed


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17 June 2022
Forex Reserves Down By $4.5 Billion To $596.4 Billion

Forex Reserves Down By $4.5 Billion To $596.4 Billion

In the previous week, the reserves had decreased by $306 million to $601.057 billion


09 June 2022
India Among Top 10 Global Economies For FDI In 2021 Despite Fall In Investment To $45 Billion: UN

India Among Top 10 Global Economies For FDI In 2021 Despite Fall In Investment To $45 Billion: UN

According to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report, flows of foreign direct investment recovered to...


24 May 2022
DCO, WEF Launch Initiative To Boost Global Digital FDI Flows

DCO, WEF Launch Initiative To Boost Global Digital FDI Flows

The agreement will see the DCO and WEF work together to identify methods to increase digital adoption, investment in new digital activities, and investment in...


22 May 2022

"We Will Consider," Says Karnataka CM On Further Cut In Fuel Tax

The government will be taking all the measures to see to it that it not only signs MoUs but Industries actually get established in the state.


20 May 2022
FDI Inflow Hits All-Time High Of $83.57 Billion In FY2021-22

FDI Inflow Hits All-Time High Of $83.57 Billion In FY2021-22

FDI equity inflow in manufacturing sectors has increased by 76 per cent in 2021-22 ($21.34 billion) compared to 2020-21 ($12.09 billion).


12 May 2022
The Falling Value of Rupee: Exports Hold Key To India’s Trillion-Dollar Economy Dreams

The Falling Value of Rupee: Exports Hold Key To India’s Trillion-Dollar Economy Dreams

Increased foreign direct investment, increased use of indigenous goods, higher exports, and lower imports hold the key to India becoming a $5 trillion economy


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17 April 2022
Government Allows 20% FDI In LIC Ahead Of IPO

Government Allows 20% FDI In LIC Ahead Of IPO

The LIC public issue is expected to be the biggest IPO in the history of the Indian stock market. Once listed, LIC's market valuation will be comparable to top...


29 March 2022
India Received 65% More FDI During Modi Regime Against 10 Years Of UPA Rule: Sitharaman

India Received 65% More FDI During Modi Regime Against 10 Years Of UPA Rule: Sitharaman

Finance Minister Nirmala Sitharaman said India continues to remain among the top five foreign direct investment recipient countries in the world


16 March 2022
347 FDI Proposals Received From Countries Sharing Land Border With India; 66 Approved

347 FDI Proposals Received From Countries Sharing Land Border With India; 66 Approved

In April 2020, the government had made its prior approval mandatory for foreign investments from countries that share a land border with India to curb...


15 March 2022
DPIIT Notifies 20% FDI In LIC Under Automatic Route

DPIIT Notifies 20% FDI In LIC Under Automatic Route

The notification has inserted a paragraph in the existing policy allowing up to 20 per cent FDI in LIC through the automatic route.


27 February 2022
Nalanda India Equity Fund, Nalanda India Fund Settle Case With Sebi

Nalanda India Equity Fund, Nalanda India Fund Settle Case With Sebi

They have settled the case after paying Rs 73.95 lakh each towards settlement charges, Sebi said in two separate settlement orders.      


26 February 2022
Cabinet Allows Up To 20% FDI In IPO-bound LIC: Report

Cabinet Allows Up To 20% FDI In IPO-bound LIC: Report

The government has approved listing of shares of LIC on the stock market through an IPO by part-sale of its stake in the insurer and raising fresh equity...


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