Foreign Direct Investment Fdi

Lok Sabha Passes Bill To Raise Foreign Investment In Insurance To 74%

India News | Press Trust of India | Monday March 22, 2021

A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a voice vote on Monday.

44 Indian Firms Approved To Make Defence Items With Foreign Companies

India News | Press Trust of India | Monday March 8, 2021

A total of 44 Indian companies, including public sector units, have received approvals related to Foreign Direct Investment (FDI) till now for joint production of defence items with foreign companies, Minister of State for Defence Shripad Naik said on Monday.

Budget 2021 Live Updates: Budget Focuses On Health And Farmers, Seniors Above 75 Get Relief

India News | Edited by Aman Dwivedi, Arun Nair, Debanish Achom | Monday February 1, 2021

Finance Minister Nirmala Sitharaman addressed parliament today with details of the Union Budget 2021, the first after a difficult year for the economy due to the COVID-19 pandemic. She announced foreign direct investment (FDI) hike in insurance to 74 per cent from 49 per cent with foreign control under safeguards.

Maharashtra Slipped Two Spots In Attracting FDI Under Sena-Led Government: Devendra Fadnavis

India News | Press Trust of India | Wednesday December 23, 2020

BJP leader Devendra Fadnavis on Wednesday claimed that Maharashtra has slipped to the third spot from the top in attracting Foreign Direct Investment (FDI) under the Shiv Sena-led government.

Government Received 120-130 FDI Proposals Worth Rs 12,000 Crores From China Since April: Report

India News | Press Trust of India | Wednesday December 23, 2020

The government has received over 120 foreign direct investment (FDI) proposals worth about Rs 12,000 crore from China since April, when it was made mandatory for a company from countries sharing land border with India to invest in any sector only after getting government approval, sources said.

These Indian Firms Made Highest Foreign Investment This Year

Business | Written by Nikita Prasad | Saturday December 19, 2020

Foreign Direct Investment: JSW Steel, ONGC Videsh, HCL Technologies, Haldia Petrochemicals, Mahindra & Mahindra were the top five companies that made the highest investment

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.

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.

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.

"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...

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...

China Slams India's New FDI Rules, Calls It "Discriminatory": 10 Points

India News | Reported by Nidhi Razdan, Edited by Deepshikha Ghosh | Monday April 20, 2020

India's new rules for Foreign Direct Investment (FDI) violate WTO principles of non-discrimination and are against free and fair trade, China said on Monday, calling for a "revision of discriminatory practices". On Saturday, the government stepped up scrutiny of investments from companies based in neighbouring countries, in what was widely seen as ...

Budget 2020: FDI Into India Increased To $284 Billion During 2014-19: Nirmala Sitharaman

India News | Indo-Asian News Service | Saturday February 1, 2020

Finance Minister Nirmala Sitharaman said on Saturday that the Foreign direct investment (FDI) into the country has increased to $284 billion during 2014-19 from $190 billion in previous five years.