With new evidence on the table, the court's move underscores intensifying scrutiny over allegations of unlawful financial activities and potential violations of foreign investment regulations.
FDI equity inflows into India contracted by 14 per cent to USD 26.9 billion during the April-September this fiscal, according to the DPIIT data
He said to promote FDI, the government has put in place an investor-friendly policy, wherein most sectors, except certain strategically important ones, are open for 100 per cent FDI under the automatic route
The federal probe agency has also called for documents and the recording of statements of some company executives under provisions of the Foreign Exchange Management Act (FEMA), they said.
India Ratings and Research also said a bulk of the foreign direct investment (FDI) in manufacturing is not greenfield or fresh investments which should otherwise be the aspirational aspect
Many of these proposals are from China, either directly or indirectly, Minister of State for Commerce and Industry Som Parkash said in a written reply to the Lok Sabha
The government has given certain preliminary clearances to several Chinese suppliers, the sources said
The DPIIT said efforts are on to boost the growth of these sectors in a holistic and coordinated manner
The government had earlier permitted 100 per cent foreign direct investment (FDI) in coal mining, its sale and associated infrastructure, and contract...
The total FDI inflows (which includes equity inflows, re-invested earnings and other capital) too declined to USD 39 billion during the first six months of the...
In recent times, the fundamentals of Indian economy have seemed to change for the better as the country became world's fifth largest economy surpassing the UK
The major thrust to privatisation arrived in the era of neoliberalism in the 1980s, and soon a policy argument emerged that saw privatisation a necessary step...
The report revealed that 71 per cent of Multi-National Companies (MNCs) working in India consider the country as an important destination for their global...
The multinational companies (MNCs) appreciate the impact of GST, the government's digital push in various spheres, and transparency in taxation, amongst...
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).
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...
Prime Minister Narendra Modi and Union Home Minister Amit Shah are scheduled to make official visits to Karnataka during early April.
