Foreign Direct Investment

India Stymies Investment From Hong Kong Amid China Border Row: Report

India News | Shruti Srivastava, Bloomberg | Monday November 23, 2020

India is subjecting foreign investment proposals from Hong Kong at par with China as part of a new policy that makes approval mandatory for plans from countries that share a land border, a person with the knowledge of the matter said.

Digital Media Outlets Must Bring Down FDI To 26% By October 2021: Centre

India News | ANI | Monday November 16, 2020

The central government on Monday asked digital news media outlets to comply with conditions that make them eligible for 26 per cent FDI (foreign direct investment) approved by the Union Cabinet last year.

RBI Exploring Investment Options For Reserves: Report

Business | Reuters | Tuesday November 3, 2020

The official said that the RBI was studying the possibility of investing in AAA-rated corporate dollar bonds, which offer better returns than sovereign credit.

India-Japan Ties Have Become Strategic, FDI Inflow Up: S Jaishankar

India News | ANI | Friday September 18, 2020

External Affairs Minister S Jaishankar on Friday said that the relationshiop between India and Japan has become strategic and there has been a very visible increase in economic cooperation between the two countries with an increase in Foreign Direct Investment (FDI) inflows from Japan.

74% FDI In Defence Via Automatic Route, With National Security Rider

India News | Reported by Vishnu Som, Edited by Deepshikha Ghosh | Friday September 18, 2020

Foreign firms can directly invest up to 74 per cent in the defence sector, the government said today, raising the Foreign Direct Investment (FDI) cap from 49 per cent through the automatic route. However, foreign investments will be subject to scrutiny on grounds of national security and the government will have the right to review any investment t...

Centre Permits Up To 74% FDI Under Automatic Route In Defence Sector

India News | Press Trust of India | Thursday September 17, 2020

The government has permitted foreign direct investment (FDI) of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT on Thursday.

Government Imposes Security Condition On Foreign Direct Investment In Defence

Business | Reuters | Thursday September 17, 2020

The government had allowed foreign firms to directly invest up to 74 per cent ownership in defence sector from an earlier cap of 49 per cent.

India Moves Up A Rank To Become Second-Largest Source Of FDI For UK

Business | Press Trust of India | Friday July 10, 2020

India invested in 120 projects and created 5,429 new jobs in the UK in 2019

India Need Rs 50-60 Lakh Crore FDI To Boost Economy: Nitin Gadkari

India News | Press Trust of India | Thursday July 2, 2020

India needs foreign direct investments worth Rs 50 to 60 lakh crore and the money can be tapped mainly through infrastructure projects as well as MSME sector to accelerate the wheels of coronavirus-hit economy, according to Union minister Nitin Gadkari.

World Going Green, Low Returns In Coal: Mamata Banerjee Asks PM To Rethink FDI

India News | Edited by Nandini Gupta | Friday June 26, 2020

Allowing 100 per cent foreign direct investment (FDI) in the coal sector would neither bring competent returns nor new technology, West Bengal Chief Minister Mamata Banerjee has written to Prime Minister Narendra Modi.

Foreign Direct Investment In India Jumps 13% To Record $49.98 Billion In 2019-20

Business | Press Trust of India | Thursday May 28, 2020

Sectors which attracted maximum foreign inflows during 2019-20 include services, computer software and hardware, and telecommunications, among others.

"Make In India" Push For Weapons, More FDI In Defence Manufacturing

India News | Reported by Vishnu Som, Edited by Debanish Achom | Saturday May 16, 2020

Companies abroad will be able to invest up to a maximum 74 per cent in defence manufacturing in India, up from 49 per cent, Finance Minister Nirmala Sitharaman said on the fourth day of mega reform and relief announcements amid the coronavirus pandemic. The higher foreign direct investment (FDI) limit on defence manufacturing is under the automatic...

No Country Should Have Any Concern Over India's New FDI Policy: Government Sources

India News | Press Trust of India | Thursday April 23, 2020

No country should have any concern over India's new policy for foreign direct investment from specific nations, government sources said on Thursday, in a clear message to China which strongly objected to the fresh norms for FDI.

Facebook-Jio Deal: Reliance Jio Gets Rs 43,574 Crore Investment From Facebook

Business | Edited by Sandeep Singh (with inputs from agencies) | Wednesday April 22, 2020

Reliance Jio Infocomm, part of billionaire Mukesh Ambani's Reliance Industries group, on Wednesday announced an investment of Rs 43,574 crore in Jio Platforms from Facebook Inc. The US-based social media major's investment will translate to a 9.99 per cent stake in Jio Platforms on a fully-diluted basis, Reliance Jio said in a statement. The transa...

New FDI Rules Not Violation, Say Government Sources On China Criticism

India News | Reported by Akhilesh Sharma, Edited by Deepshikha Ghosh | Tuesday April 21, 2020

India has denied China's criticism that its new Foreign Direct Investment rules are a violation of the WTO agreement. The rules calling for government sanction for neighbours wishing to invest in India are "not denial" of permission but only an approval process, so no violation, top government sources said on Tuesday.