India among top 10 global economies for FDI in 2021: UN report
Business | June 10, 2022 10:27 ISTIndia ranked 7th after the US, China, Hong Kong, Singapore, Canada and Brazil for FDI inflows in 2021.
India ranked 7th after the US, China, Hong Kong, Singapore, Canada and Brazil for FDI inflows in 2021.
IMF on Mar 30 released a paper on the Review of Institutional View (IV) on the Liberalization and Management of Capital Flows. The IV was adopted in 2012 and provides the basis for consistent Fund advice on policies related to capital flows.
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The World Investment Report 2021 by the UN Conference on Trade and Development (UNCTAD), released Monday, said global FDI flows have been severely hit by the pandemic and they plunged by 35 per cent in 2020 to USD 1 trillion from USD 1. 5 trillion the previous year
Foreign direct investment (FDI) in computer software and hardware jumped over threefold to USD 26.14 billion during 2020-21
The government may hike the foreign direct investment (FDI) limit in the pension sector to 74 percent and a Bill in this regard is expected to come in the next Parliament session, according to sources.
The Lok Sabha on Monday gave a green signal to a bill that seeks to increase foreign direct investment (FDI) in the insurance sector from 49 percent to 74 percent. The Insurance (Amendment) Bill, 2021 was passed by Rajya Sabha last week.
The government is considering to tweak norms for e-commerce companies having FDI to prohibit them from selling products of vendors in which these online marketplaces or their parent firms hold stake indirectly, according to sources.
Telecom major Bharti Airtel on Tuesday said that it has received required regulatory approvals for 100 per cent foreign direct investment in its downstream companies.
The company got listed on stock exchanges in April 2018 and the government had raised Rs 438 crore by selling 26 per cent stake through IPO.
Union Minister Piyush Goyal on Friday applauded Prime Minister Narendra Modi's decision to amend FDI Policy in Defence Sector. Goyal took to Twitter and said that this move will allow upto FDI up to 74% via automatic route & beyond 74% to be permitted through the Government route.
The tense relations between India and China has affected the investment of Chinese companies as the foreign direct investment (FDI) of Chinese companies in India has declined significantly in the last three years, Minister of State for Finance Anurag Thakur said in a reply to a question in the Lok Sabha.
The Maharashtra government on Thursday approved a proposal to provide automatic, accelerated permission to FDI and industrial investment plans of Rs 50 crore and more in the state. The proposal was approved by the cabinet at its meeting here.
Foreign direct investment (FDI) in India rose by 13 per cent - the sharpest pace in the last four fiscals - to a record of USD 49.97 billion in 2019-20, according to official data. The country had received FDI of USD 44.36 billion during April-March 2018-19.
India’s new rules for foreign direct investment (FDI) violate WTO principles of non-discrimination and are against free and fair trade, a Chinese embassy spokesperson in New Delhi said on Monday.
From now on, any Chinese company wanting to invest in India will require permission from the government
Foreign direct investment (FDI) into China fell 8.6 per cent year on year in the first two months of 2020 amid combined impacts of coronavirus and the extended Chinese New Year holidays, a commerce official said Friday, warning a grim scenario for the rest of the year.
India was among the top 10 recipients of Foreign Direct Investment in 2019, attracting USD 49 billion in inflows, a 16 per cent increase from the previous year, driving the FDI growth in South Asia, according to a UN report released on Monday.
The decision, likely to be considered by the Prime Minister's Office (PMO), would be a paradigm shift in India's nuclear power policy, and subsequently open the gates for multinational companies to invest in the country's nuclear energy projects.
As per the report of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Union Ministry of Commerce and Industry, Gujarat attracted FDI of Rs 24,012 crore between April and September of the current fiscal, which is double than the entire investment received last year, the state government stated in a release.
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