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.
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.
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.
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.
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."
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.
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.
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.
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?"
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