Friday, December 3, 2021

FDI

Editorial: Belated succour

Though belated, the big-ticket relief package unveiled by the NDA government will, hopefully, provide a lifeline for the beleaguered telecom sector. Allowing 100% foreign...

FDI in computer software, hardware jumps threefold in 2020-21

The computer software and hardware sector accounted for about 43 per cent in the total $59.63 billion foreign inflows that India attracted in 2020-21.

FDI jumps 19% to $59.64 billion in 2020-21: Govt data

In terms of top investor countries, Singapore is at the top with 29 per cent share. It was followed by the US (23 per cent) and Mauritius (9 per cent) during the last fiscal.

Parliament passes Insurance (Amendment) Bill, 2021; FDI cap to be hiked to 74 pc

Piloting the Bill, Finance Minister Nirmala Sitharaman said hiking the FDI limit in the insurance sector will help insurers raise additional funds and tide over the financial problems.

Govt to introduce DFI Bill in Lok Sabha next week

The union cabinet earlier this week had approved a budget proposal of setting up a Development Finance Institution (DFI), which will have tax benefits to enable fund raising from investors.

India now has 4th largest forex reserves

Reserves for India and Russia have plateaued rising for months. India pulled ahead as Russian holdings declined at a faster rate.

Indo-China business as usual

China regaining its position as India’s top trade partner in 2020 reflects the hard economic realities

Editorial: Boost for defence indigenisation

A fine balancing is needed involving a push to indigenisation and simultaneously seeking weaponry from abroad

Govt proposes to increase FDI cap in insurance sector to 74 pc     

In the first paperless Union Budget, Finance Minister Nirmala Sitharaman also said investor charter would be introduced as a right of all financial investors across all financial products.

‘FDI in India rose by 13% in 2020, as inflows declined in major economies’

The decline in FDI inflows was concentrated in developed countries, where fund flows fell by 69 per cent to an estimated USD 229 billion.

AI can help add $957 billion to Indian economy by 2035: Kant

In a session titled ‘Transformation of India with a focus on the entrepreneur ecosystem’ Kant said that India has grown as a technology country.

US second biggest FDI source for India during Apr-Sep 2020

Singapore with USD 8.30 billion foreign inflows continued to be the top source of FDI for India in April-September 2020-21.

Amazon Web Services to invest Rs 20,761 crore in data centres in Telangana

Marks the largest FDI in the history of the State, aimed at creating the AWSCloud region in the city by mid-2022

India to pursue self reliance, support domestic entrepreneurs: Rajiv Kumar

Niti Aayog Vice Chairman said India is committed to the global economy and opening trade orde

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