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Articles for Fdi, search results for press

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
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
With Covid-19 abated, time to roll back Press Note 3, 2020 restrictions
1 year, 6 months ago

With Covid-19 abated, time to roll back Press Note 3, 2020 restrictions

Hindustan Times  

It can sometimes be useful to carve out a “then and now” scenario mapping to gauge changes on how the needle has moved on the scale of time. India also came out with Press Note 3, aimed at curbing predatory takeovers by foreign entities, needs to be reviewed in the current economic situation. India introduced Press Note 3 in 2020, …

India World Pandemic Indian 2020 Fdi Press Note
PM Modi inaugurates India’s first bullion exchange at GIFT city, Gandhinagar
2 years, 4 months ago

PM Modi inaugurates India’s first bullion exchange at GIFT city, Gandhinagar

The Hindu  

Prime Minister Narendra Modi on Friday launched the India International Bullion Exchange, India’s first International Bullion Exchange, and NSE IFSC-SGX Connect at Gandhinagar’s GIFT city, an international financial services hub set up by the Gujarat government outside the State capital. While launching the new exchange and laying foundation stone for new projects in GIFT city, his pet project, the PM …

Financial Country Foundation Stone Gandhinagar Gift City Fdi India International
Centre permits 100% FDI in telecom sector
3 years, 2 months ago

Centre permits 100% FDI in telecom sector

Hindustan Times  

The Centre on Tuesday informed that it has permitted 100% FDI under automatic route in the telecom services sector, news agency PTI reported. Press Note 3 of 2020 shared by the DPIIT states that a “non-resident entity can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited. However, an entity of a country, which …

India Foreign Investment Dpiit Lic Fdi Press Note Telecom Sector
Digital news media policy leaves several questions unanswered
4 years, 1 month ago

Digital news media policy leaves several questions unanswered

Live Mint  

Last month, the government issued clarifications regarding its earlier press note on 26% foreign direct investment in digital news sites, a move that has left several questions unanswered. To be sure, experts in internet law feel that although there may be a need to introduce regulatory frameworks that can govern digital news media in a manner that ensures accountability, best …

India Digital Content Foreign Sites Fdi News Channels
Govt Permits Up to 74 per cent FDI Under Automatic Route in Defence Sector
4 years, 3 months ago

Govt Permits Up to 74 per cent FDI Under Automatic Route in Defence Sector

News 18  

The government has permitted foreign direct investment of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT on Thursday. As per the current FDI policy, 100 per cent overseas investments are permitted in the defence industry — 49 per cent under …

Defence Cent Fdi Defence Sector 49 Per Cent Government Approval
FDI in Commercial Mining: Govt Nod Needed For Companies From Nations Sharing Border With India
4 years, 4 months ago

FDI in Commercial Mining: Govt Nod Needed For Companies From Nations Sharing Border With India

News 18  

The Centre on Monday clarified that any foreign direct investment in commercial coal mining from an entity of a country that shares land border with India will be allowed only after government approval. "This is with reference to the ongoing auction process of coal mines for commercial coal mining.It is further clarified that any FDI in the commercial coal mining …

India Commercial Mining Coal Fdi Press Note Commercial Coal Mining