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Articles for Fdi, search results for 2023

The fintech company that collapsed and took $90m of people’s life savings with it
6 days, 16 hours ago

The fintech company that collapsed and took $90m of people’s life savings with it

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. They used apps like Yotta or Juno — …

Banking Money Bank Fintech Million Banks Morris
India should not shy away from Chinese investment: Arvind Panagariya explains why
1 week, 5 days ago

India should not shy away from Chinese investment: Arvind Panagariya explains why

Live Mint  

India should remain open to investments from China like other developed countries like the United States and Germany, with an expectation from a handful of sectors, reported the news agency PTI on Thursday, December 12. The activities from which you want to exclude are relatively few because I don't see other countries restricting Chinese investment in large number of sectors,” …

India China Investment Countries Fta Fdi Panagariya
How FDI flows into India lost momentum
Trending News
1 month, 1 week ago

How FDI flows into India lost momentum

Live Mint  

Foreign portfolio investors were net sellers of Indian equities for nearly all of October, offloading shares worth ₹1.1 trillion. Data from India’s central bank shows that between April and August, net foreign portfolio flows into India totalled $10.3 billion, a steep drop from $22.9 billion in the same period last year. Read this | Mint Explainer: Why India's net FDI …

India Investment Indian Billion Foreign Net Flows
India-US trade after Trump returns:Much to fret about but scope for optimism too
1 month, 2 weeks ago

India-US trade after Trump returns:Much to fret about but scope for optimism too

Live Mint  

The much-awaited US election results on Wednesday showed that Donald Trump will be returning to the White House in early 2025. For India, a positive trade balance with the US is important, as it is among the country’s top three trade partners. First, the ‘Make in India’ campaign of Prime Minister Narendra Modi, despite its similarity with ideas like Trump’s …

India China Trade Trump Indian Companies Billion
FDI inflows rise 47.8 per cent to USD 16.17 billion in April-June 2024
3 months, 3 weeks ago

FDI inflows rise 47.8 per cent to USD 16.17 billion in April-June 2024

India TV News  

Foreign direct investment in India spiked 47.8 per cent to USD 16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data on Tuesday. FDI inflows were at USD 10.94 billion in April-June 2023-24. The data showed that overseas inflows in May rose to USD 5.85 billion and in June to …

Billion Usd Fdi Inflows Rose Fdi Inflows
India's share in global FDI plunges to 2.1 per cent in 2023 from 6.5 per cent in 2020
3 months, 3 weeks ago

India's share in global FDI plunges to 2.1 per cent in 2023 from 6.5 per cent in 2020

New Indian Express  

“The FDI inflows suggest three key corridors–Maharashtra-Gujarat in the West of FDI inflows during October 2019–March 2024; the Karnataka-Tamil Nadu-Andhra-Telangana belt in the South and the NCR region in the North. The proportion of FDI inflows to the services sector increased to 40.9 per cent during FY15-FY24 from 37 per cent during FY01-FY14. The states which have evolved their economic …

Cent Ncr Inflows Fdi Fdi Inflows Higher Fdi
Singapore Airlines gets FDI nod from Indian govt for Vistara-Air India merger
3 months, 3 weeks ago

Singapore Airlines gets FDI nod from Indian govt for Vistara-Air India merger

Deccan Chronicle  

Singapore: Singapore Airlines on Friday said it has received approval from the Indian government for the foreign direct investment as part of the proposed merger of Vistara with Air India, a deal that will create one of the world's largest airline groups. With the clearance in place, the merger that will see Singapore Airlines acquiring a 25.1 per cent stake …

India Singapore Airlines Indian Airline Approval Merger
Karnataka stands 3rd in country with ₹54,427 cr FDI during 2023-24: CM Siddaramaiah
4 months, 1 week ago

Karnataka stands 3rd in country with ₹54,427 cr FDI during 2023-24: CM Siddaramaiah

Hindustan Times  

Chief Minister Siddaramaiah on Thursday said Karnataka stands third in the country by drawing ₹54,427 crore Foreign Direct Investment during 2023-24. He said the state government has taken up multidimensional programmes in the areas of industry, agriculture, infrastructure development, and education to accelerate economic growth, besides the implementation of welfare programmes. The government has approved 591 investment projects through single …

Bengaluru State Crore Siddaramaiah Karnataka Chief
No, Quad hasn’t lost its relevance; India is forcing it to become more broad-based and that’s a good thing
4 months, 2 weeks ago

No, Quad hasn’t lost its relevance; India is forcing it to become more broad-based and that’s a good thing

Firstpost  

See what India is doing alongside Quad with Southeast Asian nations to understand how New Delhi is threading the China needle Never a dull moment in geopolitics. Goyal justified India’s decision to back out of the RCEP trade deal by saying, “We would have been a nation of salesmen hawking Chinese goods.” The minister’s comments and his exchange of barbs …

India Security Vietnam China Delhi Indian Maritime
How best to attract FDI: Four pointers for an ‘investment-friendly charter’
4 months, 2 weeks ago

How best to attract FDI: Four pointers for an ‘investment-friendly charter’

Live Mint  

Prime Minister Narendra Modi called for the creation of an “investment-friendly charter’ during the ninth Governing Council Meeting of the Niti Aayog on 27 July. Drawing from successful investment models in China and Vietnam and feedback from various firms, we propose that an ‘investment-friendly charter’ should consider a four-step plan to make India a top global investment destination. In 2022, …

India Vietnam China Investment Billion Fdi
India 'not rethinking' on issue of allowing Chinese investment as suggested by Economic survey: Piyush Goyal
4 months, 3 weeks ago

India 'not rethinking' on issue of allowing Chinese investment as suggested by Economic survey: Piyush Goyal

India TV News  

New Delhii: Commerce and Industry Minister Piyush Goyal said on Tuesday that there is no rethinking in the government to support foreign direct investments from China, as was pitched by the Economic Survey recently. India faces two choices to benefit from the 'China plus one strategy' -- it can integrate into China's supply chain or promote FDI from China. China …

India Country Survey Chinese Billion Usd Chinese Investment
Budget 2024: Nirmala Sitharaman backs CEA's suggestion on more Chinese FDI into India
5 months ago

Budget 2024: Nirmala Sitharaman backs CEA's suggestion on more Chinese FDI into India

Hindustan Times  

Finance Minister Nirmala Sitharaman during a post budget press conference on Tuesday said that she doesn't disown the suggestion by chief economic adviser to allow more Chinese foreign direct investment in the country. On the trade front, China emerged as India's top trading partner in 2024 according to data from Global Trade Research Initiative. Mentioning that the chief economic adviser's …

India China Trade New Delhi Chinese Sitharaman Cea
Economic Survey 2023-24: Why does it matter? What are the key takeaways?
5 months ago

Economic Survey 2023-24: Why does it matter? What are the key takeaways?

Firstpost  

The Economic Survey for the year 2023-24 was tabled in Parliament on Monday setting the tone for the presentation of the Union Budget on July 23 by Finance Minister Nirmala Sitharaman. File Image/Reuters Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 on Monday in Parliament, presenting a comprehensive analysis of India’s economic trajectory amid global challenges. Key Takeaways …

Global India Growth China Budget Economic Growth Economic
FDI inflows into India down to $28 billion in 2023: UN
6 months ago

FDI inflows into India down to $28 billion in 2023: UN

Deccan Chronicle  

Chennai: The FDI inflows into India saw a 43 per cent decline in 2023 at $28 billion, while the global foreign direct investments dropped 2 per cent to $1.3 trillion, as per the data of UNCTAD. FDI outflows from India also saw a dip of 8.7 per cent to $13,341 million against $14,618 million in 2022. At $621 billion, they …

India Investment Billion Million Cent 2023 Unctad
India receives highest FDI from Singapore in 2023-24; Mauritius second biggest investor: Government data
6 months, 3 weeks ago

India receives highest FDI from Singapore in 2023-24; Mauritius second biggest investor: Government data

The Hindu  

India received the highest foreign direct investment from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5% due to global economic uncertainties, according to the latest government data. Though FDI from Singapore has dipped by 31.55% to $11.77 billion in 2023-24, India has attracted the maximum inflows from that country, the data showed. "Recently, …

Global Singapore Tax Investments Foreign Investment Billion Mauritius
With Agnikul Cosmos Getting Its Mission ‘SOrTeD’, How Space Startups Are Scripting Success Stories
6 months, 3 weeks ago

With Agnikul Cosmos Getting Its Mission ‘SOrTeD’, How Space Startups Are Scripting Success Stories

News 18  

The Indian space industry that was restricted to public sector is now witnessing a sea of change, with many private players and startups at the forefront of some successful missions. IN-SPACe, India’s private space regulator, chairman Pawan Goenka, who witnessed the launch, said, “The successful launch of SOrTeD marks a significant moment for private players who are contributing to India’s …

Success Policy Space Data Indian Sector Isro
India's FDI Equity Inflows Drop 3.49% in 2023-24
6 months, 3 weeks ago

India's FDI Equity Inflows Drop 3.49% in 2023-24

Deccan Chronicle  

With lower infusion in sectors like services, computer hardware and software, telecom, auto and pharmacy among others, foreign direct investment or FDI equity inflows in India declined 3.49 per cent to $44.42 billion in 2023-24, while the FDI inflows stood at $46.03 billion during 2022-23, according to the government data.Inflows during the period from January to March FY24, however, the …

India Billion Inflows Fdi Equity Inflows Fdi Equity Inflows
Centre eases FDI norms for space sector to boost offshore investment
8 months ago

Centre eases FDI norms for space sector to boost offshore investment

Hindustan Times  

The government has notified amendments to the foreign direct investment policy in the space sector to attract offshore investors in satellite manufacturing and satellite launch vehicles segments. Amendment made in the FDI policy for space sector through a gazette notification dated April 16, 2024, prescribes liberalized entry route and provides clarity for FDI in satellites, launch vehicles and associated systems …

Space Indian Satellite Route Cent Union Cabinet Fdi
ISRO’s role in India’s private space sector boom | Explained
8 months, 3 weeks ago

ISRO’s role in India’s private space sector boom | Explained

The Hindu  

April 03, 2024 12:53 pm | Updated 02:56 pm IST The story so far: As the Indian Space Research Organisation forays further into space with missions to the sun and the moon, with space telescopes, landers, and astronauts, the nation’s space sector is also expanding beyond ISRO. While production of launch vehicles, satellites, spacecrafts, and boosters was mainly handled by …

Hyderabad Vehicles Private Companies Companies Iss Centre Sector
Drop in FDI inflows mirrors global trend: Finmin
8 months, 3 weeks ago

Drop in FDI inflows mirrors global trend: Finmin

The Hindu  

The decline in India’s net foreign direct investment inflows, which have dropped almost 31% to $25.5 billion over the first ten months of 2023-24, is in line with the slowdown in such investments to developing countries, the Finance Ministry has said, while holding out hope for an uptick in investments this year. While overall global FDI flows rose 3% to …

Global India Investment Developing Countries Ministry 2023 Flows
Officials: China set to pull in more FDI
9 months ago

Officials: China set to pull in more FDI

China Daily  

Tim Cook, CEO of Apple, shows up as Apple opens its eighth store in Shanghai on Thursday. GAO ERQIANG/CHINA DAILY China's vast market size and complete supply chain, combined with a series of policies focused on stabilizing the economy and enhancing openness, will further brighten conditions for attracting foreign investment, said government officials and heads of multinational corporations on Friday. …

China Chinese Billion Yuan Fdi
India Seeks Investment Of $50 Billion During First 10 Years Of Trade Pact With EFTA
9 months, 2 weeks ago

India Seeks Investment Of $50 Billion During First 10 Years Of Trade Pact With EFTA

ABP News  

India and four-nation European bloc EFTA will sign a free trade agreement on Sunday, which is likely to help promote investments and exports of key domestic services sectors such as IT, audio-visual, and movement of skilled professionals, an official said. Commenting on the pact, economic think tank Global Trade Research Initiative said that since 98 per cent of India's exports …

Investment Exports Billion Million Free European Switzerland
ED issues fresh look-out notice against Byju Raveendran
10 months ago

ED issues fresh look-out notice against Byju Raveendran

The Hindu  

The Enforcement Directorate has issued a fresh look-out notice against edutech entrepreneur Byju Raveendran in connection with the inquiry into alleged violation of the Foreign Exchange Management Act involving ₹9,362.35 crore. In November last year, the FEMA Adjudicating Authority had issued show cause notices to Think & Learn Private Limited, which runs education portal Byju’s, and Mr. Raveendran, based on …

Company Fema Foreign Fdi Raveendran
GoI loosens FDI restrictions on India's private aerospace sector, wants to attract major investments
10 months ago

GoI loosens FDI restrictions on India's private aerospace sector, wants to attract major investments

Firstpost  

The Government of India is loosening its FDA norms for private aerospace sector as it wants to attract major investments. Under the amended FDI policy, India now permits up to 74 per cent FDI under the automatic route in satellite manufacturing and operation The Government of India is loosening its FDA norms for private aerospace sector as it wants to …

India Space Manufacturing Indian Satellite Route Sector