Page 6 - Latest Updates on FDI
Strategic reforms can enhance India's appeal to global investors: GTRI
India attracted $44.4 billion in FDI (foreign direct investment) in FY2024, which is only 1.1% of its GDP
Mid-tech FDI for job creation need of the hour: Business Standard panel
Panel stresses the need to keep import tariffs low and stable; says private sector required to create jobs as mentioned in Budget
No rethinking on support for Chinese for investments in India: Piyush Goyal
European Union has suggested India devise its own mechanism instead of paying carbon tax for imports, says Commerce Minister
Reduction of corporate tax in Budget will promote India-US trade: Ex-CEA
Professor Krishnamurthy Subramanian said that the removal of Angel Tax would be significant for India's startup ecosystem and encourage investments from outside
No rethinking on supporting Chinese investments in India: Piyush Goyal
The Survey, he said, is not at all binding on the government and there is no thinking on supporting Chinese investments in the country
DPIIT working on proposal to further tighten FDI rules in tobacco sector
At present, foreign direct investment (FDI) is prohibited in the manufacturing of cigars, cheroots, cigarillos and cigarettes of tobacco
Clear guidelines needed for approving China's FDI plans: NITI Aayog VC
Earlier this week, the pre-budget Economic Survey has also made a strong case for seeking FDI from Beijing to boost local manufacturing and tap the export market
Shouldn't have fiscal incentive or disincentive towards savings: DEA secy
We are moving in the direction of fiscal prudence as well as finding adequate money for priority expenditure, he says
DPIIT to create timelines for govt agencies for clearance of FDI proposals
He said that the concerned ministries and departments will be nudged to prioritise applications and speed up the process of approvals
UK businesses, investors community receive Union Budget with enthusiasm
There were a couple of announcements which I think will help the UK-India corridor: one was the reduction in the Corporate Tax rate for foreign companies, which is excellent news
Budget 2024: Well-defined, well-responsible Budget, says Usispf Ceo Aghi
The Usispf chief said that the infrastructure spending and defense capital expenditure has gone up
Budget 2024: Slow improvement in capacity utilisation, FDI falling
Rules for foreign direct investment and overseas investments to be simplified
Budget proposes to simplify norms pertaining to FDI, overseas investments
FM says 'not disowning' Economic Survey's suggestion that India should attract more FDI from China
Changing ties: Eco Survey bats for more FDI from China to tap export market
Cites Apple, Foxconn success stories on China Plus One; Calls to strike a balance between importing goods and FDI from China
Goyal cites ease of doing, other steps to attract US investors to India
The minister added that though at present the US is attractive for investors because of high interest rates, going forward India provides huge opportunities for businesses
India's outward FDI rises to $2.14 billion in June, shows RBI data
Outward FDI was $3.16 billion in April-June 24
Domestic mutual funds increase stake in Paytm, firm's FDI dips by 2%
The shareholding of foreign portfolio investors was pegged at 20.5 per cent in Q1FY25, a 0.16 per cent decline from Q4FY24
Gujarat received FDI worth $7.3 bn in 2023-24, jump of 55% from last fiscal
With this, Gujarat now occupies the second spot in the country after Maharashtra in terms of the FDI inflow
Realty firm Experion Developers buys 8-acre land in Gurugram for Rs 400 cr
The company, a fully FDI-funded real estate developer and a wholly-owned subsidiary of Experion Holdings Pte Ltd, Singapore, has acquired the land parcel in Sector 88A, Gurugram
Course correction
FDI fall shows need for reform and openness
