FDI inflows during October-December 2023-24 stood at $11.55 billion
He said the state government has signed memoranda of understanding (MoUs) worth approximately Rs 15.72 trillion with 63 national and international companies
Gross inward FDI during April-November 2024 increased by 20.6 per cent year-on-year (Y-o-Y) to $62.5 billion from $51.8 billion a year ago
A greater inward orientation is inevitable in years ahead for two reasons. One is a slowing down of growth in world trade. The second channel through which GEF will make itself felt is flows in FDI
Finance Minister Sitharaman recently announced a hike in FDI limit in insurance sector from 74% to 100%
The proposed introduction of 100 per cent FDI in the insurance sector and other amendments to insurance laws by the Central Government were also discussed
As for AKC, this investment was facilitated by Tata Capital Healthcare Fund, the healthcare-focused private equity fund of Tata Capital
With India facing consequences such as having its foreign assets seized as a result, government has essentially been defensive, including terminating BITs with some 75 countries between 2016 and 2021
"Finance Minister has already given her approval and announced in the Budget. Now we will prepare a draft bill with the help of the law ministry," he said in an interaction with media here
The government seeks to fully unlock the potential of India's insurance industry, and has announced opening up of the sector to 100 per cent FDI
Net FDI inflows are plummeting due to repatriation by foreign firms, coupled with increased outbound foreign investment by Indians
Limited choice of insurance products and absence of people-friendly claim settlement mechanism is leading to lower insurance coverage in rural India
The jury is divided on whether this move has led to the expected inflow of investments
Economic Survey 2025: India's foreign direct investment between April 2000 and September 2024 surpassed the $1 trillion mark
Addressing the Republic Day function at the Shivaji Park in Mumbai, the governor also said Maharashtra stands first in the country in attracting the Foreign Direct Investment (FDI)
This was shared in the latest report released by the Department for Promotion of Industry and Internal Trade (DPIIT) of the Union government in December last year
The state cabinet meeting chaired by Chief Minister Yogi Adityanath in Prayagraj also approved an FDI policy among 10 key proposals aimed at accelerating the state's development
Gross inward FDI during April-November 2024 increased to $55.6 billion from $47.2 billion a year ago, according to the Reserve Bank of India's data (January 2025 bulletin)
Citing the agreement with the four-European nation bloc EFTA, he said that for the first time in the history of FTAs, India has received a commitment of USD 100 billion FDI
The industry associations and legal players have been asked to submit their responses in the next two to three days on how to ease the norms