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FDI in the country rises to $284 bn during 2014-19 says FM Nirmala Sitharaman

FDI in the country rises to $284 bn during 2014-19 says FM Nirmala Sitharaman

Sat, Feb 01, 2020

Notably, Singapore continued to be the largest source of FDI in India during the first half of the financial year with USD 8 billion investments. Further the count was followed by Mauritius, the US, the Netherlands, and Japan.

Budget 2020 Expectations: Modi government to announce 100% FDI in aviation sector?

Budget 2020 Expectations: Modi government to announce 100% FDI in aviation sector?

Fri, Dec 27, 2019

The preparations for Budget 2020 are in full swing.

FDI limit in insurance companies may rise to 74%

FDI limit in insurance companies may rise to 74%

Tue, Dec 10, 2019

The government may increase the overseas insurance investment cap to 74 percent in the February budget, now up from 49 percent, probably paving the way for foreign control of companies. What this video to know more:

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IndiGo, SpiceJet raise red flag over Govt's decision to allow 100% FDI in aviation

IndiGo, SpiceJet raise red flag over Govt's decision to allow 100% FDI in aviation

Wed, Jan 04, 2017

IndiGo and SpiceJet have raised "security" concerns over the government's decision to allow 100% foreign ownership by non-airline players in the Indian carriers.

Govt expects high FDI inflow momentum to continue in 2017

Govt expects high FDI inflow momentum to continue in 2017

Fri, Dec 16, 2016

Pinning hopes on a slew of foreign direct investment (FDI) reforms unveiled by the government in 2016, the government expects that the momentum of high FDI inflows will continue in the new year. FDI inflows in January-September jumped 21% to $32.18 billion.

Apple holds talks with Indian government on opening stores

Wed, Dec 07, 2016

Apple Inc officials on Tuesday met Commerce Ministry top brass amid its plans to open stores in India without initially having to source components locally.

Indian economy grew 7.1% in April to Sept period of FY17: Sitharaman

Indian economy grew 7.1% in April to Sept period of FY17: Sitharaman

Mon, Nov 28, 2016

India's economy grew at 7.1% in the first six months of the current financial year 2016-17 (FY17) despite subdued growth in the world economy, Union Minister Nirmala Sitharaman said on Monday.

India to levy tax on investments from Cyprus from April 2017

India to levy tax on investments from Cyprus from April 2017

Fri, Nov 18, 2016

The new agreement provides for assistance between the two countries for collection of taxes.

Domestic reforms to cushion India from global shocks: FM Jaitley

Domestic reforms to cushion India from global shocks: FM Jaitley

Thu, Oct 13, 2016

"Over the last two-and-a-half years most of the sectors have been reviewed and we now have probably the most open FDI policy in the world with 90 per cent of FDI coming in through the automatic route," he said.

FIPB defers decision on Idea Cellular, clears Rs 2,300 crore FDI

FIPB defers decision on Idea Cellular, clears Rs 2,300 crore FDI

Mon, Sep 26, 2016

Deferring a decision on the foreign investment proposals of Idea Cellular and Flag Telecom, the Foreign Investment Promotion Board (FIPB) on Monday cleared 11 proposals entailing foreign direct investment (FDI) inflow of over Rs 2,300 crore, an official source said.

Govt likely to frame single policy for retail, FMCG & e-commerce: Amitabh Kant

Govt likely to frame single policy for retail, FMCG & e-commerce: Amitabh Kant

Thu, Sep 01, 2016

The Government of India is likely to frame single policy for retail, FMCG and e-commerce sector in order to create level-playing field for all stakeholders, said NITI Aayog's chief on Thursday.

Modi gives final nod to woo foreign investors into India

Modi gives final nod to woo foreign investors into India

Thu, Sep 01, 2016

The Union Cabinet chaired by Modi, gave its nod to major changes made to the FDI rules, including hiking foreign investment to 100% in the defence sector.

PM Modi-led Cabinet approves 'radical' changes in FDI policy; permits 100% foreign investment in defence

PM Modi-led Cabinet approves 'radical' changes in FDI policy; permits 100% foreign investment in defence

Wed, Aug 31, 2016

The changes introduced in the policy included increase in sectoral caps, bringing more activities under automatic route and easing of conditionalities for foreign investment.

FIIs' holdings in NSE-listed companies rise after many quarters

FIIs' holdings in NSE-listed companies rise after many quarters

Tue, Aug 16, 2016

Data shows that FIIs holdings in the number of NSE-listed companies has been on the up since September 2015 quarter.

Offline retailers again up in arms against e-commerce Independence Day sales

Offline retailers again up in arms against e-commerce Independence Day sales

Wed, Aug 10, 2016

In a move to stop big players in the e-commerce sector from breaking FDI norms in India, an industry body filed a complaint with DIPP against Amazon, Flipkart and Snapdeal for FDI violations.

Cabinet approves amendment for foreign investment in NBFCs

Cabinet approves amendment for foreign investment in NBFCs

Wed, Aug 10, 2016

The amendment will enable inflow of foreign investment in "Other Financial Services".

Ecommerce companies gear up to celebrate Independence Day

Ecommerce companies gear up to celebrate Independence Day

Mon, Aug 08, 2016

Ecommerce big guns such as Amazon and Flipkart are going all out to offer customers a lot of discounts.

Cabinet drops 1% additional tax on inter-state sales for GST bill

Cabinet drops 1% additional tax on inter-state sales for GST bill

Wed, Jul 27, 2016

The cabinet also approved the decision to compensate States fully for 5 years for the losses due to the GST.

FDI norms relaxation by India credit positive: Moody's

FDI norms relaxation by India credit positive: Moody's

Mon, Jun 27, 2016

Moody said that, "The announcement is credit positive because it demonstrates a continuation of reform momentum and paves the way for private investment and a boost in productivity.”

FDI rules relaxed: Govt gives Apple the go-ahead for India entry

FDI rules relaxed: Govt gives Apple the go-ahead for India entry

Mon, Jun 20, 2016

Apple may have to apply fresh after the local sourcing policy change.

Nirmala Sitharaman revives Apple's India hopes

Nirmala Sitharaman revives Apple's India hopes

Mon, May 30, 2016

On Apple's FDI proposal Sitharaman said that for the high-end technology they will not mind to waiving of 30% local sourcing norms where there is a policy regarding single brand retail.

Apple stores may open soon in India; Govt could waive sourcing norms

Apple stores may open soon in India; Govt could waive sourcing norms

Thu, Apr 28, 2016

Apple had given a detailed presentation to the committee headed by Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek on April 19

India tops 2015 FDI list, beats China

India tops 2015 FDI list, beats China

Fri, Apr 22, 2016

According to fDi Markets, the motives cited by companies investing in India and China are quite similar in nature. For both countries, companies identify domestic market growth potential and proximity to markets as the main two reasons for investing.

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