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Insurance cos to get much-needed capital from higher FDI: Singh

Last Updated: Friday, July 18, 2014, 19:41

Welcoming the government's proposal to hike FDI ceiling in insurance sector to 49 percent, Fortis Healthcare Executive Chairman Malvinder Mohan Singh on Friday said the move would help insurance firms attract much-needed capital from overseas partners.

Raising FDI cap in insurance will spur growth: Irda

Last Updated: Friday, July 18, 2014, 17:41

Raising FDI cap in the insurance sector will spur growth in this industry, ensuring entry of more players, Insurance Regulatory and Development Authority said on Friday.

No decision on FDI in multi-brand retail trading: Govt

Last Updated: Friday, July 18, 2014, 17:39

The government on Friday said it has not taken any decision on permitting Foreign Direct Investment in multi-brand retail trading.

FDI jumps to 8-month high of $3.6 bn in May

Last Updated: Thursday, July 17, 2014, 19:11

In May 2013, the country had received FDI worth USD 1.63 billion.

Modi meets Brazilian President; 3 bilateral agreements inked

Last Updated: Wednesday, July 16, 2014, 21:55

Modi and Rousseff called for urgent progress on reforms of the UN.

Govt clears 19 FDI proposals entailing Rs 2,327 cr investment

Last Updated: Wednesday, July 16, 2014, 19:52

The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India), entailing total investment of Rs 2,326.72 crore.

Chinese FDI into India could touch $30 bn by 2025

Last Updated: Monday, July 14, 2014, 15:46

Chinese foreign direct investment (FDI) into India could touch USD 30 billion by 2025, says a book.

RBI eases overseas investment norms for Indian corporates

Last Updated: Thursday, July 03, 2014, 21:13

The Reserve Bank Thursday relaxed norms for overseas investment by Indian corporates by raising their borrowing limit.

India slips to 4th place in UNCTAD's FDI destination ranking

Last Updated: Tuesday, June 24, 2014, 23:05

China has retained its top position as the world's most attractive investment destination followed by the US and Indonesia at second and third place.

PE investment activity in May halves to $904 mn

Last Updated: Monday, June 16, 2014, 20:23

Private equity investment activity in India remained muted in the month of May as there were 43 deals worth USD 904 million, registering a decline of over 53 percent over the corresponding period last year.

Overview of Indian Economy

Last Updated: Friday, June 13, 2014, 12:52

The major challenge before the new government is to kick-start the growth rate cycle, which is sluggish under 5 percent.

Siemens bets big on Modi govt for economic revival

Last Updated: Monday, June 02, 2014, 16:04

German engineering and electronic major Siemens AG is pinning hopes on the new government led by "strong and experienced" Narendra Modi to revive the economy, clear clogged investment pipelines and expedite decision- making process as it chases growth in this "promising" market.