Page 5 - Fdi

Foreign pressure

Higher repatriation by investors must be studied

Net FDI declines by 62% to $10.5 billion in FY24, shows RBI data

Lowest in over a decade; Gross FDI stable at $71 bn

Best of BS Opinion: Rising repatriation, Themeless election & more

Here is the best of Business Standard's opinion pieces for today

Rising repatriation

As worrying as the recent decline in gross foreign direct investment is the increasing pace of disinvestment

FDI easing in space sector to lure foreign players, boost high-tech jobs

The government's decision to ease foreign direct investment (FDI) in the space sector will help attract foreign players as well as startups and will boost demand for high-tech jobs, experts say. The government has eased FDI norms in the sector by allowing 100 per cent overseas investment in making components for satellites, as part of efforts to attract overseas players and private companies into the segment. The provisions were notified last month. Sreeram Ananthasayanam, Partner, Deloitte India, said that the recent amendment of higher FDI limits in the space sector is a significant step towards transforming India's space program, in terms of infrastructure development. "For the private sector, it opens doors to new business opportunities, it presents an opportunity to leverage private investments to enhance space capabilities, access to cutting-edge technologies to accelerate and develop next-gen space products, and collaboration with global players," Ananthasayanam said. For t

India trustworthy partner for Nepal's development, says Piyush Goyal

Goyal also reiterated that Nepal and India not only share a border but also a deep-rooted friendship and a vision for a prosperous future.

CII-IGBC expects surge in private capex, FDI after Lok Sabha polls

It says top priority for new govt should be to strike balance between economic growth and environmental sustainability

Outward remittances hit new high at $29 billion in April 2023-February 2024

In February 2024, the outward remittances stood at $2.01 billion, which was 23% lower than $2.62 billion in January 2024

Nearly 46 FDI proposals pending: DPIIT writes to 17 govt departments

Of these 46 proposals, 27 have also received comments from the Ministry of Home Affairs regarding security clearance

India's outward FDI rises to $3.91 billion in March, shows RBI data

Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans, and guarantees

Election season may hit govt capital expenditure spending, FDI inflows

In case of FDI, the total FDI inflows was over $50 billion in FY20 and its share during the election months of April-May 2019 turned out to be 18.1 per cent

In foreign direct investment, China's loss is not India's gain: OECD data

It's other countries that are mopping up what would have gone to China

New electric vehicle scheme links lower import duty with FDI

EVs attract a BCD of 100 per cent for those priced above $40,000 per unit and 70 per cent BCD for those priced at $40,000 or less

Insurance sector received Rs 54,000 crore FDI in 9 years, says DFS Secy

The government increased the permissible FDI limit from 26 per cent in 2014 to 49 per cent in 2015 and then to 74 per cent in 2021, he told PTI in an interview

India's outward FDI rises to $3.47 billion in February, shows RBI data

Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans, and guarantees

16 years, 21 rounds of talks: India-EFTA free trade agreement a reality

For promised FDI, India's nominal GDP must grow 9.5% in $ terms over 15 yrs

FDI inflows shrink by 21% to $41.31 billion in 2023, shows DPIIT data

The sustained contraction in investment inflows comes against the backdrop of uncertainties and challenges in the global economy

Roll-out of PM MITRA to help attract large investments in textiles: Experts

Expeditious implementation of the ambitious scheme to develop seven PM Mega Integrated Textile Regions and Apparel (PM MITRA) parks will help in attracting large investments, including FDI, in the sector besides generating huge employment, said industry experts. After inaugurating 'Bharat Tex 2024', one of the largest-ever global textile events to be organised in the country, Prime Minister Narendra Modi threw light on the government's expansive plans to create seven PM MITRA parks in various states and underlined the emphasis on the creation of opportunities for the entire textile sector. The parks are coming up in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra. Nearly Rs 70,000 crore investment and 20 lakh employment generation is envisaged through these parks. The valuation of the Indian textiles market is estimated at Rs 12 lakh crore. The Union Ministry of Textiles is overseeing the execution of these projects. A special purpose vehicl

FDI inflows decline 13% to $32 billion in Apr-Dec 2023, shows data

Foreign direct investment (FDI) inflows in India declined 13 per cent to USD 32.03 billion in April-December 2023, dragged down by lower infusion in computer hardware and software, telecom, auto, and pharma sectors, according to the latest government data. FDI inflows stood at USD 36.74 billion during the corresponding nine months of the preceding fiscal. Inflows during the October-December quarter of the current fiscal, however, rose by 18 per cent to USD 11.6 billion as against USD 9.83 billion during the same quarter of 2022-23. The total FDI -- which includes equity inflows, reinvested earnings and other capital -- declined by about 7 per cent to USD 51.5 billion during the period under review against USD 55.27 billion in April-December 2022, the data from the Department for Promotion of Industry and Internal Trade (DPIIT) showed. During the nine-month period of this fiscal, FDI equity inflows decreased from major countries, including Singapore, the US, the UK, Cyprus and the .

TMS Ep638: Paint industry, FDI in space sector, markets, Bitcoin halving

What's attracting big players to paint industry? Can liberalised FDI make India a space superpower? Will Bitcoin extend its rally post the halving event? How does Bitcoin halving work? Answers here