Page 2 - India Fdi

India continues to be preferred destination for FDI, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Friday said India continues to be a preferred FDI (foreign direct investment) destination despite soaring global interest rates. He said that interest rates rose worldwide including in the US and that led to the flow of capital back in the developed nations. "That was a period where one would have imagined a much deeper impact on the developing economies than what India witnessed, but the strength of demand in India, the strength of opportunities that people saw in India, ensured that we did not see the drastic fall that many of our other peer countries (witnessed)," Goyal said. The total FDI -- which includes equity inflows, reinvested earnings and other capital -- contracted 15.5 per cent to USD 32.9 billion during April-September this fiscal against USD 38.94 billion in April-June 2022. "We continue to have significant FDI coming in...a lot of reinvestment of earnings happened even during this period when ideally I would have though

Net FDI in India down to $ 13.54 billion in Apr-Nov 2023, shows RBI data

This decline was primarily due to a fall in global inflows and an increase in the repatriation of equity capital

TMS Ep599: Apple in 2024, Indian FDI in Dubai, LargeCap MFs, EAEU

Will 2024 bring relief for Apple? What is driving increased Indian FDI into Dubai? Will large-cap MFs find their mojo back in 2024? What is the Eurasian Economic Union? All answers here

FDI inflows can rise as India remains preferred investment destination

Foreign direct investments into India is likely to gather momentum in 2024 as healthy macroeconomic numbers, better industrial output as well as attractive PLI schemes will attract more overseas players amid geopolitical headwinds and tighter interest rate regime globally. To ensure that India remains an attractive and investor friendly destination, Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh said the government reviews FDI policy on an ongoing basis and makes changes from time to time after having extensive consultations with stakeholders. In the January-September period this year, Foreign Direct Investment (FDI) into the country declined 22 per cent to USD 48.98 billion. The inflow was at USD 62.66 billion in the year-ago period. "However, we are broadly in line with the overall trends of FDI growth. FDI inflows from 2014-23 period is about USD 596 billion, which is about double than what India received during 2005-14. The trend i

BBC World Service India to restructure shareholding for FDI norm compliance

In response to the Centre's FDI guidelines, BBC World Service India, 99.99 per cent owned by BBC, may initiate a shareholding restructuring, potentially involving stake offerings to key executives

BBC staff to launch Indian language services company in line with FDI norms

The broadcaster is under scrutiny for alleged foreign exchange violations in India and an investigation was launched shortly after tax authorities searched BBC's offices in Delhi and Mumbai in Feb

FDI equity inflows contracted 24% in first half of FY24, shows data

During the six months of this financial year, FDI equity inflows decreased from major countries, including Singapore, Mauritius, the United States, the United Kingdom and the United Arab Emirates

Global woes pull net foreign direct investment down 77% in H1, shows data

The moderation in flows was majorly witnessed in communication services, retail and wholesale trade, and manufacturing sectors

India's FDI share gain more than others in its backyard, shows data

But total FDI into India down 22% at $46 billion in FY23, according to the RBI

Sunrise food processing sector got Rs 50,000 cr worth FDI in last 9 yrs: PM

More than 80 countries, 200 speakers and 12 partner ministries, departments and commodity boards are scheduled to take part in the event

Tax demand on online gaming companies likely to top Rs 1.5 trillion

Dream11 and other companies seek legal recourse after DGGI slaps GST notice

Equity FDI into India declines sharply to $5.7 bn in April-July period

The net FDI, inflows minus outflows, declined from $17.28 billion in April-July 2022 to $5.70 billion in April-July 2023 on account of moderating gross FDI and a rise in repatriation

Cabinet approves foreign investment of up to Rs 9,589 cr in pharma company

The FDI has been approved by way of the transfer of shares from existing shareholders and public shareholders through a mandatory Open Offer

TMS Ep510: Gati Shakti, foreign investment, SpiceJet's stock, Aditya L-1

How has Gati Shakti changed India's infra push? Is declining foreign investment a cause for worry? Will SpiceJet's stock rally make an emergency landing? What is Aditya L-1 mission? All answers here

FDI equity inflow contracts 22% to $46 billion in FY23: Govt data

The trading sector amassed $4.79 billion in FDI but contracted YoY

Mitsubishi Electric, Tamil Nadu tie up for Rs 1,895 cr manufacturing unit

Deal will set up Mitsubishi Electric's first AC and compressor facility in India

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

Top headlines: Unemployment rate dips to 4.1%, FDI inflows take a hit

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

India Inc encourages FDI, raising dollar deposits from NRIs

'Make in India' completes eight years, annual FDI nearly doubles to $83 bn

Annual Foreign Direct Investment (FDI) nearly doubled to $83 billion as 'Make in India', the flagship scheme of the government to facilitate investment and foster innovation, completed eight years