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Articles for Fdi, search results for official

Government may review restrictions on FDI from China
4 months, 4 weeks ago

Government may review restrictions on FDI from China

Hindustan Times  

The government is holding discussions whether to review the Press Note 3 that restricted foreign direct investments, particularly from China, in April 2020 after some Chinese entities attempted “opportunistic” acquisitions of Indian companies taking advantage of financial stress caused by the Covid-19 pandemic, two officials said on Wednesday. On Monday, the Economic Survey, prepared by chief economic advisor V Anantha …

India China Indian Chinese 2020 Dpiit Fdi
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
India eases process for FDI in space sector, allows 100 per cent in making satellite components
10 months ago

India eases process for FDI in space sector, allows 100 per cent in making satellite components

India TV News  

In a significant move aimed at bolstering its position in the global space market, India has announced the easing of approval processes for foreign direct investment in its space sector. Private sector participation India has taken significant steps to privatise space launches, aiming for a substantial increase in its share of the global launch market. With projections suggesting the space …

India Space Market Fdi Space Sector
Chinese market still attractive for foreign investment
1 year ago

Chinese market still attractive for foreign investment

China Daily  

Direct investment inflow into China has dropped sharply, from $75 billion per quarter in 2020-21 to only $10 billion in the past four quarters and is even turning negative in the most recent quarter, according to China's official Balance of Payment Statistics. China's official BOP statistics reported a sharp drop in direct investment inflows since mid-2022. The "Direct Investment: Liabilities" …

China Investment Companies Chinese Billion Direct Foreign
Judicial interventions in ongoing cases against NewsClick: A timeline of events
1 year, 2 months ago

Judicial interventions in ongoing cases against NewsClick: A timeline of events

The Hindu  

The Delhi Police’s Special Cell on Tuesday arrested NewsClick founder and editor-in-chief Prabir Purkayastha and the news portal’s human resources head Amit Chakravarty in connection with its investigation into a case filed under the Unlawful Activities Act, 1967. July 7, 2021: Delhi HC grants interim protection to NewsClick founder till August 5 in foreign funding case The Delhi High Court …

Delhi Protection Court Money Laundering Money Case Delhi Police
₹7,553-crore FDI in 4 yrs: Punjab at 12th spot, but behind Haryana
1 year, 3 months ago

₹7,553-crore FDI in 4 yrs: Punjab at 12th spot, but behind Haryana

Hindustan Times  

Chandigarh : Punjab has received a cumulative foreign direct investment of ₹7,552.89 crore in the last four years. Punjab has received a cumulative foreign direct investment of ₹ 7,552.89 crore in the last four years The state is at the 12th place in the country in attracting FDI and accounts for 0.5% of the inflows of ₹15.08 lakh crore from …

Equity Investment Haryana State Punjab Direct Foreign
National e-commerce policy in final stages; to be presented before top-level: Report
1 year, 4 months ago

National e-commerce policy in final stages; to be presented before top-level: Report

Hindustan Times  

The proposed national e-commerce policy being formulated by the commerce and industry ministry is in the final stages and no new draft policy will be issued now for seeking views of stakeholders, a senior government official said. The Department for Promotion of Industry and Internal Trade on August 2 held a detailed discussion with representatives of e-commerce firms and a …

Policy Trade Proposed Fdi Domestic Traders
Senior Legal Consultant Vacancy At Department Of Promotion Of Industry And Internal Trade, New Delhi
1 year, 8 months ago

Senior Legal Consultant Vacancy At Department Of Promotion Of Industry And Internal Trade, New Delhi

Live Law  

Department Of Promotion Of Industry And Internal Trade, New Delhi invites applications for the post of Senior Legal Consultant purely on a contract basis. Name of the Post: Senior Legal Consultant No. • Minimum 10 years of relevant post-qualification work experience interalia including Examining matters related to FDI Policy / FEMA / FEM Rules Examining FDI proposals requiring Government Approval …

Fdi Senior Legal Consultant Fdi Policy
India received highest ever FDI inflow of over Rs 6 crore in FY 2021-22
2 years, 4 months ago

India received highest ever FDI inflow of over Rs 6 crore in FY 2021-22

Firstpost  

The increase in FDI inflows is a result of the measures taken by the Government on FDI policy reforms, stated the official statement New Delhi: India received its highest ever Foreign Direct Investment inflow of Rs 6,31,050 crore in Financial Year 2021-22 said Som Parkash, Minister of State in the Ministry of Commerce and Industry. The FDI Equity inflow in …

Investment Foreign Direct Investment Foreign Inflow Fdi India Received
400 Chartered Accountants, Company Secretaries under scanner for helping Chinese firms
2 years, 6 months ago

400 Chartered Accountants, Company Secretaries under scanner for helping Chinese firms

The Hindu  

The Central government has recommended disciplinary action against 400 Chartered Accountants and Company Secretaries for their alleged role in incorporating Chinese shell companies in metropolitan cities by flouting norms and rules, The Hindu has learnt. The Institute of Chartered Accountants of India, a statutory body that regulates the profession of Chartered Accountancy in the country, said in a statement to …

India Disciplinary Action Companies Hindu Chinese Chinese Companies Mha
FDI inflow rises by 2% to a record $83.57 billion in FY22
2 years, 7 months ago

FDI inflow rises by 2% to a record $83.57 billion in FY22

Hindustan Times  

India received a record $83.57 billion foreign direct investment in 2021-22 with about 2% year-on-year growth on the back of a rapidly growing information technology sector, with Karnataka attracting the largest flows followed by Maharashtra, while Singapore and the US emerged as the top two contributors in that order, the commerce and industry ministry said on Friday. In 2014-15, FDI …

India Singapore Karnataka Equity Maharashtra Billion Sector
LIC IPO launch date to discounts for employees, policyholders | Top points
2 years, 9 months ago

LIC IPO launch date to discounts for employees, policyholders | Top points

India Today  

LIC's IPO is likely to be delayed till mid-April, according to a Reuters report. LIC IPO DATE "Most likely, LIC would now be listed by mid-April," Reuters reported quoting a senior government official. Another senior government official said the government would also wait to see the impact of expected monetary tightening by the U.S. Federal Reserve which could adversely affect …

Stock Markets Cent Reuters Ipo Lic Fdi Lic Ipo
Cabinet allows up to 20% FDI in LIC ahead of IPO
2 years, 9 months ago

Cabinet allows up to 20% FDI in LIC ahead of IPO

Hindustan Times  

The Union cabinet chaired by Prime Minister Narendra Modi on Saturday allowed up to 20% foreign direct investment in state-run Life Insurance Corporation under the automatic route, paving the way for participation of overseas funds in one of the country’s biggest initial public offerings, expected next month, two officials aware of the development said. One of the officials said the …

India Foreign Investors Cabinet Ipo Lic Fdi Second Official
Data show FDI inflow into India has not come down
2 years, 11 months ago

Data show FDI inflow into India has not come down

Op India  

Foreign Direct Investment inflow into India came down by 26% in the year 2021, according to UN Conference on Trade and Development. However, the report of 26% decline in FDI inflow can be misleading, as it is based on calendar year data, while India uses the April-March period as the financial year. While UNCTAD’s Investment Trends Monitor says FDI inflow …

India Billion Unctad Come Inflow 2021 Fdi
In Compliance with Indian Laws, Will Cooperate with Enforcement Directorate on Notice: Flipkart
3 years, 4 months ago

In Compliance with Indian Laws, Will Cooperate with Enforcement Directorate on Notice: Flipkart

News 18  

Walmart-owned Flipkart on Thursday said the company is in compliance with Indian laws, including FDI regulations, and will cooperate with the Enforcement Directorate on the notice sent to the e-commerce major. The Enforcement Directorate has issued a show cause notice of Rs 10,600 crore to Flipkart and its promoters for alleged violation of the foreign exchange law, official sources said …

Indian Laws Walmart Enforcement Directorate Fdi Laws Including Notice Flipkart Indian Laws Including
Forex violation case: ED slaps Rs 10,600-cr FEMA contravention notice against Flipkart, its founders
3 years, 4 months ago

Forex violation case: ED slaps Rs 10,600-cr FEMA contravention notice against Flipkart, its founders

India TV News  

The Enforcement Directorate has issued a show cause notice of about Rs 10,600 crore to e-commerce major Flipkart and its promoters for alleged violation of the foreign exchange law, official sources said on Thursday. They said the notice under various sections of the Foreign Exchange Management Act was issued to 10 people last month that includes Flipkart, its founders Sachin …

Violation Notice Fema Walmart Flipkart Fdi Its Founders
Singapore Stock Exchange to Open Office at Gujarat International Finance Tec-City
3 years, 8 months ago

Singapore Stock Exchange to Open Office at Gujarat International Finance Tec-City

News 18  

Singapore Stock Exchange will be establishing its offshore office at Gujarat International Finance Tec-City in Gandhinagar, an official release said on Monday. Singapore's High Commissioner Simon Wong leading a high-level delegation from his country paid a courtesy call on Gujarat Chief Minister Vijay Rupani here on Monday. The Singapore delegation is in Gujarat to complete the establishment of the offshore …

Singapore Gujarat Wong Gift City Fdi Stock Exchange Sgx
India's FDI equity inflow up 28% year-on-year in April-January period
3 years, 8 months ago

India's FDI equity inflow up 28% year-on-year in April-January period

Business Standard  

India's FDI equity inflow up 28% year-on-year in April-January period Singapore is the top source of FDI in India, with 30.28% share of entire FDI equity inflow. US comes next, with 24.28% and UAE at 7.31% Premium In January, Japan topped the list of investor countries to invest in India with 29.09 per cent of the total inbound equity FDI, …

India Fdi Equity Inflow
ED Initiates Probe Against Amazon Under Foreign Exchange Management Act
3 years, 10 months ago

ED Initiates Probe Against Amazon Under Foreign Exchange Management Act

News 18  

The Enforcement Directorate has initiated a probe against e-commerce giant Amazon for alleged violation of the foreign exchange law and rules of the country, official sources said on Thursday. The probe is being conducted under various sections of the Foreign Exchange Management Act after the central probe agency recently received a communication from the Commerce Ministry seeking “necessary action” against …

Future Amazon Fema Bse Act Flipkart Fdi
74% FDI in defence | Notification soon, says Department of Defence Production official
4 years, 4 months ago

74% FDI in defence | Notification soon, says Department of Defence Production official

The Hindu  

The government is going to come out with a decision on 74% Foreign Direct Investment in defence and a notification is likely in the next few days, according to V.L. It's 100% FDI in most sectors, including defence Separately, the Defence Ministry said the second draft of the Defence Procurement Procedure 2020, now renamed as the Defence Acquisition Procedure 2020, …

India Defence Rao Lockheed Martin Fdi Production Official