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FDI up 27% at $27.82 billion in Apr-Oct this fiscal

FDI up 27% at $27.82 billion in Apr-Oct this fiscal

Foreign direct investment (FDI) into the country grew by over 27 percent to USD 27.82 billion during April-October this fiscal.

Govt mulls aligning flying operator norms with FDI policy

The sector is faced with an odd situation wherein a foreign investor, excluding overseas airlines, can acquire up to 100 percent stake in a local carrier but not seek a scheduled operator's permit. The permit can only be given to a company which has substantial ownership and effective control in the hands of Indian nationals.

Govt considering further FDI relaxation in select sectors

Govt considering further FDI relaxation in select sectors

Government is considering further relaxing foreign direct investment (FDI) norms in several areas, including trading, with an eye on more inflows.

Need to revive arbitral centres to win investor confidence: Arun Jaitley

Need to revive arbitral centres to win investor confidence: Arun Jaitley

Pitching for making India an important commercial arbitral centre, Finance Minister Arun Jaitley on Friday said efforts are being made to revive the arbitration centres in Mumbai and national capital with a view to expedite contractual dispute resolution at lesser cost.

FDI increase needs to translate into jobs: Nirmala Sitharaman

FDI increase needs to translate into jobs: Nirmala Sitharaman

Commerce Minister Nirmala Sitharaman on Thursday lauded the increase in foreign direct investment (FDI) in India but said it will be meaningful only when it translates into increased job creation.

Government clears 11 FDI proposals worth Rs 2,325 crore

An inter-ministerial panel today approved 11 proposals entailing foreign direct investment (FDI) inflow of over Rs 2,300 crore.

China foreign expenditure tops inward investment for 1st time

China foreign expenditure tops inward investment for 1st time

China invested more money abroad last year than foreign firms piled into the country, data showed today, a first for the world's second largest economy as Beijing looks overseas as part of its drive to transform its economic growth model.

Cabinet liberalises FDI norms for NBFC sector

Cabinet liberalises FDI norms for NBFC sector

Expanding the list of NBFCs which can attract FDI, the Cabinet Wednesday permitted foreign investment through automatic route in "other financial services", if they are under regulators like RBI and SEBI.

Govt to set up committee to review e-commerce rules

Govt to set up committee to review e-commerce rules

The government has decided to set up a committee to look into all issues including foreign direct investment norms pertaining to the fast growing e-commerce industry in the country.

India receives $5.34 billion FDI in April-May

India receives $5.34 billion FDI in April-May

India received USD 5.34 billion foreign direct investment in the first two months of the current financial year, Parliament was informed Friday.

 

Govt against raising FDI cap in newspapers, periodicals

Govt against raising FDI cap in newspapers, periodicals

The Centre has decided not to raise the foreign direct investment limit on newspapers and periodicals to 49 percent from 26 percent.

 

Govt to announce hybrid instruments for FDI next month

Government is likely to come out with a list of hybrid instruments next month which Indian companies will be able to issue for raising foreign direct investment (FDI).

Modi government's big FDI reforms push: What has changed!

Modi government's big FDI reforms push: What has changed!

India on Monday announced sweeping reforms to rules on foreign direct investment (FDI), opening up its defence and civil aviation sectors to complete outside ownership. 

Govt approves 100% FDI in Defence, Civil Aviation & Pharma​

Govt approves 100% FDI in Defence, Civil Aviation & Pharma​

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Rexit fears: Rupee hits 2-week low of 67.31, down 23 paise

Rexit fears: Rupee hits 2-week low of 67.31, down 23 paise

The rupee Monday ended lower by 23 paise to close at an over two-week low of 67.31 against the US currency on heavy bouts of dollar demand amid uncertainty in the wake of RBI Governor Raghuram Rajan's decision against pursuing a second stint.

FDI up to 74% in brownfield pharma under automatic route

FDI up to 74% in brownfield pharma under automatic route

The government today allowed up to 74 percent foreign direct investment in the existing pharmaceutical companies through automatic route, with an aim to promote the sector.

Government permits 100% FDI in airlines

Government permits 100% FDI in airlines

Foreign investors, barring overseas airlines, can now have up to 100 percent stake in local carriers, the government Monday said unveiling significant reforms.

Sensex rebounds 241 points on FDI norms, easing Brexit fears

Sensex rebounds 241 points on FDI norms, easing Brexit fears

Recovering from its early morning plunge, BSE Sensex Monday soared 241 points as the government unleashed a new wave of FDI reforms and Brexit worries eased while hectic buying by institutions and talking-up by influential marketmen helped counter Rexit jitters.

Big boost for economy! Modi govt approves 100% FDI in defence, civil aviation, food and pharma sectors

Big boost for economy! Modi govt approves 100% FDI in defence, civil aviation, food and pharma sectors

With these changes, India is now the most open economy in the world for FDI, the government said.

 

 

NITI Aayog concerned over total FDI ban in tobacco sector

The proposal to completely ban foreign direct investment (FDI) in the tobacco sector has run into rough weather as NITI Aayog has raised certain issues on the plan.