Page 2 - Foreign Direct Investment

Rs 6,800 cr disbursed to beneficiaries of PLI scheme in FY24: DPIIT Secy

Singh says that PLI schemes on textiles, bulk drugs, food products and solar PV modules are likely to be tweaked

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

Statsguru: Falling foreign ownership in booming Indian stock market

Foreign investors invested more money in riskier midcap and smallcap stocks even as their overall stake came down

Maharashtra to be $1 trillion economy by 2027-28, says Governor Bais

Maharashtra Government has set an ambitious target of becoming a one trillion dollar economy by 2027-28, Governor Ramesh Bais informed the state legislature on Tuesday. This target is in line with the country's goal of becoming a five trillion dollar economy, Bais said, addressing the legislators at the start of the day-long special session of the legislature on Maratha quota at Vidhan Bhavan in south Mumbai. In this year, 75 projects with Rs. 61,576 crore investment have been approved under the Package Scheme of Incentives, which will generate more than 53,000 employment opportunities in the state, he said. Maharashtra is the highest in attracting foreign direct investment in the country. There has been foreign direct investment of Rs. 65,500 crore in the state. This investment is 38.78 per cent of the country's total foreign direct investment, he said. In January 2024, the state government signed MoUs of more than Rs 3.53 lakh crore at the World Economic Forum held in Davos. This

India eyes $100 bn annual FDI in coming years: IT minister Vaishnaw

Foreign investors have bet big on India since Modi came to power in 2014, with the likes of Apple, Samsung, Kia, and Airbus expanding operations

India Inc eyes growth in 2024, plans to boost hiring, investments

Higher corporate earnings, consumer spending, FDI to drive up markets

India's outward FDI falls 12.14% to $1.88 bn in October: RBI data

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

Global funds, blue chip firms on Uttar Pradesh's radar for investments

While UP claims to have attracted foreign direct investment (FDI) proposals of Rs 60,000 crore from nearly 25 countries in the past five-six years

Fall in equity flows, flat reinvested earnings pull down gross FY23 FDI

If the global economy slows down and interest rates harden further, it may hit foreign investments again

India's foreign direct investment flows to see modest pick-up in FY24: Citi

Net FDI flows in the first ten months of fiscal 2023 stood at $26.5 billion, a decline of 14.3% year-on-year

From Ukraine war to inflation, global headwinds take a toll on FDI inflows

According to the official, as far as 2022 is concerned, there has been a 4 per cent increase in FDI inflows

India to receive record remittances but experts worry CAD will still widen

Of $90 billion remittances that India is expected to receive in 2022, only $27.4 billion has come in the first half of the year

What's behind the fall in India's FDI inflows?

During the first half of this fiscal, foreign direct investment equity inflows fell by 14%. The total FDI also saw a contraction of 9%. What led to this fall and what could be its impact on economy?

Indian gaming to add 100,000 jobs in FY23, grow five-fold in 7 years: Study

Industry expected to attract Rs 780 crore in foreign investment, says TeamLease Digital report

Reform to boost FDI opportunities to $475 bn in 5 years: EY-CII report

India's focus on reforms and economic growth will give rise to foreign direct investment (FDI) opportunities of USD 475 billion in the next five years, a report said. As per the 'Vision 'Developed India' Opportunities and Expectations of MNCs' survey conducted jointly by EY and CII, 71 per cent of MNCs considered India to be an attractive investment destination for their global expansion, while an overwhelming 96 per cent of the respondents were positive about the Indian economy in the long run. The multinational companies (MNCs) appreciate the impact of GST, the government's digital push in various spheres, and transparency in taxation, amongst other reforms. As per the survey, the optimism is driven by both the short-term prospects, where a majority of MNCs feel that the Indian economy will perform significantly better in 3-5 years. "India's reforms focus and economic growth gives rise to FDI opportunity of USD 475 billion in the next five years," the EY-CII report said. FDI i

FDI and the ordinary Indian

For India to work as a dynamic global investment destination, it must work for its ordinary people

Vietnam giving India a run for its money in the China Plus-One game

The smaller nation is scoring high in attracting global corporations and their suppliers

No break-up fee from Prosus after termination of deal with BillDesk

PayU's expansion plans which it had charted out based on the acquisition have been put on hold for over a year

Govt must curb non-essential imports to stem rupee fall: CEO poll

India Inc encourages FDI, raising dollar deposits from NRIs

Even at $100 bn, FDI may not be sufficient to finance ballooning CAD

CAD is expected to hit a decadal high of 3.8% of GDP, or $130.5 bn; to make matters worse, FDI inflows expected are on gross basis and net inflows would be much lower than $100 bn