Insurance Amendment Bill 2021 seeking to raise FDI cap to 74% passed in Lok Sabha

The Bill was passed in the Rajya Sabha last week on March 18.

Mar 22, 2021, 15:41 PM IST

LIC employees protest against FDI limit hike in insurance sector

The All India Insurance Employee's Association (AIIEA) has called the strike along with other trade unions from the industry. They said the protest is against the government's policy as it is not in the interest of the insurance industry not just that but the nation's economy and its people. 

Mar 19, 2021, 06:30 AM IST

Bill to raise FDI limit in insurance sector passed in Rajya Sabha

The bill, which will now go to the Lok Sabha for approval, was passed by voice vote after opposition Congress and other parties staged a walkout in protest of the bill.

Mar 18, 2021, 20:18 PM IST

Centre asks digital media outlets to reduce foreign funding to 26% by October 2021

The central government has decided that digital media companies which have more than 26% FDI will have to reduce it to 26%.

Nov 17, 2020, 11:42 AM IST

26% FDI cap in digital media could tighten government's hold on Chinese news apps

The Centre on Friday announced that news aggregators, news agencies will have to comply with the 26 per cent foreign investment cap.

Oct 17, 2020, 08:18 AM IST

Govt permission must for all FDIs from neighbouring countries including China

Countries which shares land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar, and Afghanistan.

Apr 18, 2020, 19:18 PM IST

BREAKING NEWS: Union Cabinet approves FDI in civil aviation; allows NRIs to buy 100 per cent stake in Air India

Currently, NRIs can acquire only 49 per cent in Air India. FDI in the airline is also 49 per cent through the government approval route.

Mar 04, 2020, 16:19 PM IST

Amit Shah-led ministerial panel discusses Air India disinvestment issues

Air India currently has a debt of nearly Rs 60,000 crore which includes long-term loan for aircraft purchase and working capital.

Sep 19, 2019, 16:44 PM IST

Key GoM meet on Air India to take up 10 major disinvestment issues

Employee package, including medical facilities to nearly 40,000 current and retired employees would also be on the agenda for discussion in the crucial meeting.

Sep 18, 2019, 14:40 PM IST

Govt to review FDI policy on digital media, single brand retail, manufacturing, coal mining

Government said that the changes in FDI policy will result in making India a more attractive FDI destination, leading to benefits of increased investments, employment and growth.

Aug 29, 2019, 11:13 AM IST

100% FDI in coal mining to subsidy on sugarcane export: Details of key Cabinet decisions

The decision to allow 100% FDI in coal mining and contract manufacturing, 26% FDI in digital marketing and relax sourcing norms for single-brand retailers was taken during a meeting of Union Cabinet chaired by Prime Minister Narendra Modi.

Aug 28, 2019, 22:49 PM IST

Union Cabinet approves 100% FDI in coal mining

As per the present FDI policy, 100% FDI under automatic route is allowed for coal & lignite mining for captive consumption by power projects, iron & steel and cement units and other eligible activities permitted under and subject to applicable laws and regulations.

Aug 28, 2019, 22:12 PM IST

Government approves 100% FDI in contract manufacturing, relaxes norms for single brand retail

Talking to media after the meeting of the Union Cabinet, Commerce Minister Piyush Goyal said the changes in FDI policy will result in making India a more attractive FDI destination.

Aug 28, 2019, 22:03 PM IST

Cabinet approves 26% FDI in digital media with government approval

It is to be noted that 26% FDI is already allowed in print media sector and 49% FDI is permitted in broadcasting content services, both through the government approval route.

Aug 28, 2019, 20:09 PM IST

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