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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 achieves USD 1 trillion in FDI milestone | Top FDI sources and sectors
1 week, 4 days ago

India achieves USD 1 trillion in FDI milestone | Top FDI sources and sectors

India TV News  

India has reached a historic milestone with foreign direct investment inflows surpassing USD 1 trillion since April 2000, according to the Department for Promotion of Industry and Internal Trade. Top FDI sources: Small nations lead the pack Mauritius and Singapore dominate Mauritius emerged as the largest contributor, accounting for 25 per cent of FDI inflows, closely followed by Singapore at …

India Investment Mauritius Trillion Usd Cent Fdi Fdi Milestone
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
Foreign Investment in Services: A Vital Driver of Growth and Consumption in China
2 months, 1 week ago

Foreign Investment in Services: A Vital Driver of Growth and Consumption in China

China Daily  

China's service sector has witnessed a significant surge in foreign direct investment, with services accounting for 68.6 percent of total foreign capital utilization last year. The sector has shown remarkable resilience, with retail sales of services growing at a faster pace than goods retail. The government remains committed to fostering service consumption, with policies aimed at improving people's livelihoods and …

Government Economy International Trade Service Qingdao
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
Foreign direct investment in China optimizes, upgrades
3 months, 3 weeks ago

Foreign direct investment in China optimizes, upgrades

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. According to the United Nations Conference on Trade and Development's Global Investment Trends Monitor, excluding higher values in a few European conduit economies, global FDI flows had dropped by 18 percent in 2023, …

Global China Foreign Investment Billion Foreign Investment Fdi Direct Investment Fdi
Not against e-commerce, seeking fair play and integrity in their operations, says Piyush Goyal
4 months ago

Not against e-commerce, seeking fair play and integrity in their operations, says Piyush Goyal

The Hindu  

A day after Commerce and Industry Minister Piyush Goyal’s sharp critique of e-commerce platforms like Amazon, red-flagging predatory pricing policies and possible violations of the Foreign Direct Investment norms, he stressed that he was not against e-commerce per se but wanted players to ensure fair play and honesty in their business practices. Speaking to students at Mumbai’s Atharva College, the …

Commerce Online Fair Play Fair Goyal Fdi
Exports positive in April-June quarter despite global challenges: Goyal
5 months, 1 week ago

Exports positive in April-June quarter despite global challenges: Goyal

The Hindu  

India's exports have recorded healthy growth in May and remained in the positive zone in June and the first quarter of the current fiscal despite global challenges, Commerce and Industry Minister Piyush Goyal has said. He also said that growth in the services sector is helping the country's outbound shipments to register positive growth rates. Last month, the Minister stated …

India Services Positive Commerce Exports Global Challenges Billion
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
【双语财讯】多家知名外企发声：投资中国是跨国企业的上佳之选
7 months, 3 weeks ago

【双语财讯】多家知名外企发声：投资中国是跨国企业的上佳之选

China Daily  

在当前全球跨国投资低迷的背景下，是什么促使全球投资者选择了中国市场？来听听多家知名外企给出的答案。 2024“投资中国”系列活动德国专场4月5日在巴登-符滕堡州首府斯图加特市举行，活动吸引德国工商界代表超300人参加。（图片来源：新华社） As a leading destination for international capital, China saw a 20.7 percent increase in newly established foreign-funded firms in the first quarter of the year, and foreign direct investment in the country remained at a high level, coming in at 301.67 billion yuan. "China has a large population and vast market space, and the demand for diversified and …

China Market Fdi
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
Centre examining FDI flow from China in Paytm Payments Services
10 months, 1 week ago

Centre examining FDI flow from China in Paytm Payments Services

Hindustan Times  

The government is examining foreign direct investment from China in Paytm Payments Services Ltd, the payment aggregator subsidiary of One97 Communications Ltd, sources said. An inter-ministerial committee is examining investments from China in PPSL and decision would be taken on the FDI issue after due consideration and comprehensive examination In November 2020, PPSL had applied for licence with the Reserve …

India China Investment Company Rbi Fdi Ppsl
Govt examining foreign direct investment flow from China in Paytm Payments Services: Sources
10 months, 1 week ago

Govt examining foreign direct investment flow from China in Paytm Payments Services: Sources

India TV News  

Business news: The central government is examining foreign direct investment from China in Paytm Payments Services Ltd, the payment aggregator subsidiary of One97 Communications Ltd, sources said on Sunday. However, in November 2022, RBI rejected PPSL's application and asked the company to resubmit it, so as to comply with Press Note 3 under FDI rules. When contacted, a Paytm spokesperson …

India China Payment Company Rbi Paytm Fdi
Centre's 'White Paper on Economy' lists corruption cases during UPA govt. Check their status
10 months, 2 weeks ago

Centre's 'White Paper on Economy' lists corruption cases during UPA govt. Check their status

Hindustan Times  

Union finance minister Nirmala Sitharaman on Thursday tabled the White Paper, shedding light on the extent of corruption that plagued the Indian economy during the UPA government's tenure. The white paper provided an overview of the current status of several high-profile corruption cases, and the government's efforts to address past wrongdoings. INX Media Case The case came to light in …

Finance Corruption Cases Indian Case Upa White
Investments in Latin America, Caribbean rose by 51% in 2022: UN report
1 year, 5 months ago

Investments in Latin America, Caribbean rose by 51% in 2022: UN report

Hindustan Times  

Latin America and the Caribbean received record flows of foreign direct investment last year, a United Nations report showed on Monday, mostly into services, manufacturing and energy as spending recovered after the pandemic. The number of mergers and acquisitions increased 7% The report by the UN Economic Commission for Latin America and the Caribbean found that FDI, or income from …

Investment Latin America Fdi Eclac Caribbean Rose
Balance of payment data gives fewer reasons to cheer
1 year, 5 months ago

Balance of payment data gives fewer reasons to cheer

Live Mint  

The latest balance of payments data was a mixed bag. However, strong domestic economic momentum and higher capital spending may keep underlying import demand intact at a time exports are facing challenges from a global slowdown. With the current account likely to remain in deficit in FY24, a resilient capital account surplus will be crucial to contain the impact of …

India Capital Fpi Account Surplus Inflows Fdi
UAE emerges as fourth largest investor in India in FY-23
1 year, 6 months ago

UAE emerges as fourth largest investor in India in FY-23

The Hindu  

The United Arab Emirates, with which India implemented a Comprehensive Economic Partnership Agreement in May last year, has emerged as the fourth largest investor in India during 2022-23, according to government data. "The rapidly strengthening of bilateral ties and investment cooperation between India and UAE can be chiefly attributed to the strong bilateral relations between India and UAE, growth in …

India Indian Billion Pandey Uae Partner Cepa
FDI declines 16 per cent in financial year 2023, first y-o-y contraction in decade
1 year, 6 months ago

FDI declines 16 per cent in financial year 2023, first y-o-y contraction in decade

India TV News  

FDI declines: Gross foreign direct investment flows, for the first time in a decade, declined on an annual basis in 2022-23 to USD 71 billion mainly due to a slowdown in the global economy, according to the RBI data. The previous year-on-year contraction in FDI was in 2012-13 when the inflows declined by 26 per cent to USD 34.298 billion. …

Billion Cent Rbi Usd Inflows Declines Gross 2023 Fdi
Amazon to invest Rs 36,300 crore in Hyderabad, TS gets highest FDI
1 year, 11 months ago

Amazon to invest Rs 36,300 crore in Hyderabad, TS gets highest FDI

Deccan Chronicle  

HYDERABAD: In one of the highest Foreign Direct Investments into Telangana, Amazon Web Services announced on Friday that it would increase its investment from its previously committed Rs 20,096 crore in 2020 to Rs 36,300 crore by 2030. Amazon Web Services will invest in its three Hyderabad data centre campuses at Chandanvelly, FAB City, and Pharma City in phases. The …

India Hyderabad Data Investment Amazon Cloud Telangana
今年前8个月我国吸收外资同比增长16.4%
2 years, 3 months ago

今年前8个月我国吸收外资同比增长16.4%

China Daily  

今年以来，中国实际使用外资继续增长。商务部9月19日发布的数据显示，今年1-8月，全国实际使用外资金额8927.4亿元人民币，同比增长16.4%。专家表示，中国市场对外资依然保持较强吸引力。这主要得益于中国完整的产业体系、超大规模的市场、稳定的社会大局、长期向好的经济基本面等综合优势，为外资企业在华发展创造了良好的基础。 An employee works on the production line of a foreign-funded machinery manufacturer in Suzhou, Jiangsu province. 他说：“中国企业在电动车、跨境电商、人工智能和绿色发展等新兴领域已经超越许多跨国企业，因此他们开始寻求与中国企业合作，以获得新的增长动力。” China's services sector received 662.13 billion yuan in foreign investment between January and August, up 8.7 percent year-on-year, while FDI in high-tech industries surged 33.6 percent. 孟玮在新闻发布会上表示，政府将支持制造业外商投资企业进出口。 Benefiting from free trade agreements such as the Regional Comprehensive Economic Partnership and many countries' …

China Investment Companies Foreign Investment Beijing Foreign Fdi
Nation rolls out policies to attract foreign investment
2 years, 3 months ago

Nation rolls out policies to attract foreign investment

China Daily  

By LIU ZHIHUA and HE JINGWEI| China Daily| Updated :2022-09-20 Further opening-up, cooperation aim to increase FDI, achieve growth targets China is expected to make the country increasingly more attractive by ramping up efforts to stabilize the expectations of foreign investors, according to government officials and experts. Experts also said policy measures at both central and local levels have attached …

China Investment Foreign Investors Projects Foreign Investment Investors Foreign
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
中国对外国投资者吸引力进一步增强
2 years, 9 months ago

中国对外国投资者吸引力进一步增强

China Daily  

商务部数据显示，今年前2个月，全国吸引外资2437亿元人民币，同比增长37.9%。我国利用外资结构持续优化。分析人士指出，长期的发展前景和持续改善的商业环境使得中国对外国投资者的吸引力越来越大。 A teller counts and arranges dollar notes at a bank in Huaibei, Anhui province. 商务部国际贸易经济合作研究院国际市场研究所副所长白明表示：“在新冠疫情和其他全球不确定因素的影响下，中国经济实现了稳定持续增长，中国政府采取的各种政策措施为企业创造了更好的发展环境，中国的营商环境不断改善。” "That makes China a perfect destination for foreign investments that seek not only profitability, but also safety," Bai said, adding that the recent local COVID-19 cases will not threaten China's stable economic growth and growing attractiveness to foreign investors. 白明称：“因此，中国成为那些不仅寻求利润，而且寻求安全的外国投资的完美目的地。最近出现的本土疫情不会威胁到中国稳定的经济增长和对外国投资者越来越大的吸引力。” Zhou Mi, a senior …

China Investment Economic Growth Foreign Investors Foreign Investment Chinese Foreign