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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.

 

Finance Ministry to issue Cabinet note on listing of PSU insurers soon

Finance Ministry to issue Cabinet note on listing of PSU insurers soon

Finance Ministry is all set to issue a draft Cabinet note on listing of public sector insurance companies. This development comes in line with the announcements made in the budget.

'Incentives announced for textiles will help create jobs'

'Incentives announced for textiles will help create jobs'

The "extra push" given to the textiles industry through an incentive package will help create more jobs and push exports, Commerce and Industry Minister Nirmala Sitharaman said on Thursday.

FDI up 16.5% to $2.46 billion in March

FDI up 16.5% to $2.46 billion in March

 Foreign direct investment (FDI) into India increased by 16.5 percent to USD 2.46 billion in March this year.

India received $40.82 billion FDI till Dec in FY16

India received $40.82 billion FDI till Dec in FY16

For 2014-15, FDI inflows were USD 44.29 billion, up 23 percent as compared to the previous fiscal.

 

Realty sector unlikely to see FDI inflows in near term: Fitch

Realty sector unlikely to see FDI inflows in near term: Fitch

"The easing of investment norms under FDI policy for the real estate sector is more of a long term story, and is unlikely to result in any immediate increase in FDI in the near term," the ratings agency said in a statement.

DIPP notifies easing of FDI policy in several sectors

DIPP notifies easing of FDI policy in several sectors

The Department of Industrial Policy and Promotion on Tuesday notified the recent liberalisation of FDI policy in several sectors including defence, retail and construction development sector.

Govt raises FDI cap in news channels to 49%

There is no change in foreign investment caps for the print media.

DIPP working on aligning FDI policy with NIC code

All the economic activities are classified as per the NIC Code.

Govt notifies composite cap for foreign investment

Sectors like insurance, pension, retail and pharmaceuticals will benefit from introduction of composite cap in the FDI policy which came into effect from Thursday.

'Composite cap on FDI to remove confusion among investors'

Introduction of the composite cap concept in the FDI policy will remove confusion among investors with regard to multiple limits on various categories of overseas investments such as FII, Commerce and Industry Minister Nirmala Sitharaman Friday said.

Composite cap on FDI creates confusion over FII limit in banks

Government's decision to introduce composite caps on foreign investment has led to confusion among bankers who say overseas portfolio investments can now go up to 74 percent as against the current ceiling of 49 percent.

Cabinet to decide on composite foreign investment caps tomorrow

Seeking to streamline the foreign investment regime, the Union Cabinet is expected to take a decision Wednesday on introducing a composite cap which will include FDI, FII and other instruments in various sectors.

Services should not be part of e-commerce definition: Assocham

Services should not be a part of the definition of e-commerce since FDI is already permitted in the sector, industry body Assocham has suggested the Commerce and Industry Ministry.

India will do better on ease of doing biz this year: CII

According to CII, the last 12 months have witnessed the drafting of new policies with respect to capital goods, chemicals, steel and textiles which are currently in various stages of finalisation.

Govt will consider repealing 51% FDI policy for retail

Government will consider repealing the 51 percent FDI policy in multi-brand retail, while no proposal would be entertained for opening supermarkets in India by foreign players, Union Minister Nirmala Sitharaman said.

Cabinet approves FDI policy on investments by NRIs, PIOs and OCIs

The Union Cabinet on Thursday approved amendments to FDI policy on investments by NRIs, PIOs and OCIs for greater forex remittances.

No change in stand on retail FDI, says Commerce Minister

Traders body CAIT has also criticised the central government for retaining the retail FDI policy.

Retail body pitches for level-playing field on FDI

The Retailers Association of India (RAI) on Thursday railed against the government's invitation for stakeholders' consultation meeting on FDI policy in e-commerce.

Govt calls stakeholder meeting on e-commerce FDI policy today

The government will hold a meeting of all the stakeholders including industry chambers CII and Ficci on Thursday on foreign direct investment in e-commerce retailing.