Page 2 - Foreign Direct Investments

India's FDI equity inflow at five-year low of $44 billion in FY24

High interest rates in advanced economies, limited absorptive capacity locally likely reasons

New govt may liberalise FDI norms for more sectors, says DPIIT Secy

Says industry should prepare itself for a low tariff regime in the long run

Rupee to track Asian peers; bonds eye moves in US yields, foreign flows

The rupee closed marginally higher at 83.4225 on Friday. It logged a slight weekly loss compared to most Asian currencies, which rose week-on-week

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

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

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

The 'stable' run for the rupee to continue

Reserve Bank of India will have to continue to monitor the movements and be nimble to spot volatility in both directions and intervene selectively to reduce excess noise

Statsguru: Foreign direct investments decline from pandemic highs

However, this is in line with a global investment slowdown. Developing countries have been most affected, according to international data

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

India, EFTA trade deal to help boost trade, investments: Industry bodies

The free trade agreement between India and the four European nation bloc EFTA will help boost trade and investments in the country in sectors such as engineering, pharma, food processing, and apparel, says the industry. India on Sunday signed a Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA) under which New Delhi received a USD 100 billion investment commitment from these four European countries. The investment commitment by the companies of the grouping - Switzerland, Norway, Iceland and Liechtenstein - would be executed over a period of 15 years and facilitate creation of one million direct jobs in India. Industrialist and Tirupur Exporters Association President A Sakthivel said that the pact would help promote two-way commerce and help Indian apparel exporters increase their shipments. "The investment commitment will boost domestic manufacturing," Sakthivel said. Industry body CII President R Dinesh said that the "unique" pledge b

Global index inclusion inflows help Indian Rupee buck EM currency losses

India's currency is likely to appreciate to 81 per dollar by end-December from around 82.9 on Tuesday, according to Credit Agricole SA and TD Securities

India amends policy, allows 100% FDI in manufacture of satellite components

74% FDI has been permitted for satellite manufacturing and operation, satellite data products, and ground segments and user segments

Net FDI into India down 55% to $9.69 billion in Apr-Dec 2023: RBI Bulletin

Receding inflation, dip in borrowing costs may support FDI in 2024

UP received four times more FDI in 2019-23 than in 2000-17, says CM Yogi

Chief Minister Yogi Adityanath inaugurated the 'UP: An Emerging Destination for Foreign Investment in India" conference on Tuesday

LIVE: Bihar's ex-CM Karpoori Thakur to be awarded Bharat Ratna posthumously

From flight delays due to fog to devotees reaching Ram temple in Ayodhya, catch all the latest updates from around the world here

Consensus on WTO dispute settlement body reforms 'low' in next meet: GTRI

WTO member countries are unlikely to reach a consensus next month on reforming the dispute settlement system of the global trade body as there are wide differences over the issue between developed and developing countries, a GTRI report said on Sunday. The trade minister of the 164-member World Trade Organisation (WTO) will gather in Abu Dhabi in February for the 13th ministerial conference (MC) to resolve different issues such as reforms in dispute settlement mechanisms, agriculture-related matters and a moratorium on customs duties on e-commerce trade. "Reaching a consensus on reform of the dispute settlement system is complex, with developed and developing countries holding different priorities and concerns," economic think tank Global Trade Research Initiative (GTRI) said. It said that balancing India's demands for an appellate body, S&DT (special and differential treatment) provisions, and fairness while addressing other members' concerns, including transparency and legal ...

Africa's biggest insurer Sanlam banks on India as its home market reels

India's $3.4 trillion economy is expanding almost five times quicker than Sanlam's home market, with the World Bank forecasting 6.4% growth this year

Maharashtra now preferred destination for overseas investments: CM Shinde

Maharashtra has become a preferred destination for investments from various countries, reflecting the state's conducive business environment, Chief Minister Eknath Shinde has said. Welcoming the New Year by participating in a midnight blood donation camp here, Shinde also spoke about the growing impact of the Swachh Bharat Mission initiated by Prime Minister Narendra Modi and the positive impact of a deep cleaning drive taken up in Mumbai and its extension across the state. The CM highlighted the successful implementation of 85 per cent of the Memorandums of Understanding (MoUs) signed during the Davos meet (in 2023). "Maharashtra has become a preferred destination for investments from various countries," he said. Underlining the commitment to people's welfare, Shinde said the Chief Minister's Relief Fund has provided assistance of over Rs 165 crore to more than 20,000 individuals since his government assumed office, a significant increase from the earlier disbursal of Rs 2 to 3 ..

Gujarat received FDI worth Rs 2.39 trn from Oct 2019 to March 2023

Gujarat has received foreign direct investment worth Rs 2.39 lakh crore or $31 billion between October 2019 and March 2023 and is among the top Indian states in attracting FDI, according to an official release. FDI in Gujarat has increased consistently over the years due to the efforts of the state government and the Vibrant Gujarat Global Summit (VGGS) has played a crucial role in achieving it, the release said. The 10th edition of the biennial VGGS is scheduled to be held in January next year in Gandhinagar. Officials said Gujarat is among the top investment destinations in the country and has received FDI worth Rs 2.39 lakh crore ($31 billion) from October 2019 to March 2023. The state saw a rise of nearly 84 per cent in FDI in 2022-23 compared to the previous year, which was the highest among all the states and Union Territories, as per the website of VGGS. Gujarat accounted for 30 per cent of the total Industrial Entrepreneur Memorandum or IEMs implemented (Rs 1.04 lakh crore

Net FDI into India touches 21-month high at $5.9 billion in October

April-October 23 FDI declines to $10.4 bn