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Monday, August 10, 2020

FDI

FDI NEWS

FDI in commercial mining: Govt nod needed for cos from nations sharing border with India

August 03, 2020 8:53 pm

According to the Press Note 3 of 2020, 'an entity of a country, which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the Government route', it added.

FDI, FPI inflows propel forex reserves to record high of $513.25 billion

July 11, 2020 12:59 am

The RBI data released on Friday shows that in the week ended July 3, the foreign currency assets expanded by $5.66 billion to $473.26 billion.

India moves up a rank to become second-largest source of FDI for UK

July 10, 2020 9:51 pm

The US remains the number one source of FDI for the UK, delivering 462 projects and 20,131 jobs, followed by India, Germany, France and China and Hong Kong.

Reconsider 100% FDI in coal sector: Mamata banerjee to PM Narendra Modi

June 27, 2020 4:52 am

In the letter written on Thursday, Banerjee urged Modi to “reconsider the decision of allowing 100% FDI in the coal sector”, and requested him to intervene and advise the Ministry of Coal not to wind up Coal India Ltd’s subordinate offices in Kolkata.

Reconsider decision allowing 100 pc FDI in coal mining: Mamata to PM

June 26, 2020 6:23 pm

In a letter to the Prime Minister, West Bengal Chief Minister Mamata Banerjee wrote that the "policy can neither bring foreign direct investments nor can it bring technologies or knowhow which we are unable to access today."

FDI from Cayman Islands to India jumps three-fold to $3.7 billion in 2019-20

June 09, 2020 4:24 pm

India had received FDI worth USD one billion in 2018-19 and USD 1.23 billion in 2017-18 from Cayman Islands, which is UK Overseas Territory.

Forex reserves hit all-time high on FDI, FPI inflows, fall in import expenditure

May 31, 2020 2:06 am

The rise in foreign exchange reserves have resulted into strengthening in the value of the rupee against the US dollar.

FDI in India jumps 13% to record $49.98 billion in 2019-20

May 28, 2020 6:12 pm

Singapore emerged as the largest source of FDI in India during the last fiscal with USD 14.67 billion investments.

Defence worker unions oppose corporatisation of OFB, increased FDI in manufacturing

May 17, 2020 1:13 am

R Srinivasan, INDWF general secretary, said, “This decision shows complete disregard to the process of consulting with the stakeholders. What happened to the commitment made at the highest level? Also, is this the time to take such a decision that affects the national security?"

A post-Covid business opportunity

May 14, 2020 12:14 am

The coronavirus pandemic has influenced foreign firms to shift operations out of China. India must spruce up domestic business environment to take advantage