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Union Budget 2019 envisions a 'New India', says FM Nirmala Sitharaman

FM Nirmala Sitharaman on Friday said that the Union Budget 2019 envisions a 'New India' and aims to make the country a USD 5 trilion economy.

Jul 05, 2019, 23:38 PM IST

Union Budget 2019 proposes FDI norm relaxation in media, aviation, insurance, single brand retail

The government will examine suggestions of further opening up of FDI in aviation, media, AVGC (Animation, Visual Effects, Gaming and Comics) and insurance sector in consultation with stakeholders,” the FM said.

Jul 05, 2019, 21:27 PM IST

India warns firms like Amazon and Flipkart over steep online discounts

The government has said that while is prepared to listen to concerns about its new FDI rules, it's committed to protecting small traders from predatory behaviour by foreign-funded companies

Jun 26, 2019, 10:14 AM IST

Ficci for increasing FDI cap in insurance to 74%

The body also said that there is a need to improve investor confidence about the surrounding ecosystem in the country to attract more FDI inflows.

Jun 13, 2019, 17:29 PM IST

FDI inflows record 1st decline in six years in FY19

According to the latest data of the Department for Promotion of Industry and Internal Trade (DPIIT), FDI in 2017-18 was a record USD 44.85 billion.

May 28, 2019, 17:36 PM IST

Bharat Bandh on September 28 against Walmart's acquisition of Flipkart, FDI in retail, Delhi sealing drive

CAIT has alleged that multinational companies are being given a passage to enter the retail trade of the country.

Sep 27, 2018, 16:21 PM IST

FDI growth up 23% in Apr-June quarter this fiscal

The foreign fund inflows in April-June 2017-18 stood at USD 10.4 billion, the Department of Industrial Policy and Promotion data showed.

Aug 27, 2018, 17:17 PM IST

Govt to approve mega merger after completion of Idea-Vodafone tower sale

ATC will pay a total of Rs 7,850 crore for purchasing Idea (Rs 4,000 crore ) and Vodafone's (Rs 3,850 crore) mobile towers.

Feb 25, 2018, 16:42 PM IST

Union Budget 2018-19: Here is what banking sector expects

It is expected that the FM Jaitley will have a special focus on the banking sector in the Budget 2018-19.

Jan 31, 2018, 20:36 PM IST

WEF 2018: Huge appetite for further global investments in India, says Piyush Goyal

There is a huge appetite for the continuous surge in foreign investments in India with no comparable opportunity available worldwide, Union minister Piyush Goyal said today, even as he saw India's role at international platforms growing into a leader being looked into for solving problems of a 'fractured world'.

Jan 23, 2018, 13:48 PM IST

Cabinet approves 100% FDI under automatic route for single brand retail, construction development

Government aims to liberalise and simplify the FDI policy so as to provide ease of doing business in the country.

Jan 10, 2018, 13:53 PM IST

'Streamlining taxation will help India reach top 50 in ease of doing business'

Lauding the government`s efforts in attracting a record $60 billion worth of FDI in a single year, he invited the domestic and global investors to reap dividends by investing in the infrastructure and logistics sector that provide huge scope.

Nov 02, 2017, 17:52 PM IST

India Inc's investment overseas down 15% to $1.34 billion in August

The investment break-up included USD 944.14 million in the form of guarantees issued, USD 184.44 million and loan and USD 210.68 million as equity infusion.

Sep 12, 2017, 15:50 PM IST

FDI flows into India to rise to 2.5% of GDP in 5 years: UBS

The foreign direct investments (FDI) into India have nearly doubled over the past decade to USD 42 billion, which was 1.9 per cent of GDP in 2016-17.

Aug 25, 2017, 17:07 PM IST

Tech giants will learn to respect Indian laws: Ravi Shankar Prasad

Technological giants will learn to respect laws of India, Union IT and Law Minister Ravi Shankar Prasad said on Thursday but acknowledged that companies like Google and Facebook are empowering Indians.

Aug 24, 2017, 21:49 PM IST

Arun Jaitley reviews FDI policy in various sectors

Finance Minister Arun Jaitley on Monday held a meeting with other ministers and government officials for a review of the current Foreign Direct Investment (FDI) policy, informed sources said.

Aug 14, 2017, 16:07 PM IST

India one of the most open economies globally for FDI: Survey

The mid-year Survey of the economy described foreign direct investment (FDI) as an enabler of economic growth since it enhances productivity by bringing capital, skills and technology to the host country.

Aug 11, 2017, 20:18 PM IST

Forex reserves touch new life-time high of $393.448 billion

FCAs, a major component of the overall reserves, rose by USD 964.4 million to USD 369.723 billion, the data showed.

Aug 11, 2017, 20:08 PM IST

FDI in construction sector falls 59% to $1.9 billion

The real estate sector is facing demand slowdown in the last few years leading to fall in housing sales and new launches during 2016, delay in project execution and rise in debt of developers, the survey mentioned.

Aug 11, 2017, 17:41 PM IST

'Telecom sector received FDI worth over $9.79 billion from 2014-15'

The country received foreign direct investment (FDI) of over USD 9.79 billion since 2014-15 in the telecom sector, Parliament was informed on Wednesday

Aug 02, 2017, 18:29 PM IST