FDI in automobile sector up 89% in Apr-Feb FY'15
The Indian automobile sector, which is recovering from a slowdown, saw 89 percent growth in foreign direct investment (FDI) to USD 2.42 billion during the 11 month period of the last fiscal.
May 25, 2015, 22:01 PM IST
Govt clears 21 FDI proposals worth Rs 281 crore
The government has cleared 21 foreign direct investment (FDI) deals worth Rs 281 crore but deferred Kotak Mahindra Bank's proposal to hike foreign investment limit in the bank to 55 percent.
May 25, 2015, 15:52 PM IST
CAIT ask govt to annul 51% FDI policy in multi-brand retail
Traders body CAIT Sunday asked the government to scrap the policy of 51 percent FDI in multi-brand retail sector.
May 24, 2015, 23:46 PM IST
Govt will consider repealing 51% FDI policy for retail
Government will consider repealing the 51 percent FDI policy in multi-brand retail, while no proposal would be entertained for opening supermarkets in India by foreign players, Union Minister Nirmala Sitharaman said.
May 21, 2015, 22:42 PM IST
RBI simplifying forex regulations to improve ease of doing biz
The Reserve Bank on Thursday said it is working with the government to simplify and liberalise procedures related to foreign exchange regulations to facilitate ease of doing business in the country.
May 21, 2015, 20:01 PM IST
Govt relaxes FDI norms for NRIs, PIOs, OCI
The government on Thursday decided to liberalise foreign direct investment norms for NRIs and overseas citizens of India (OCI) as it aims to increase capital flows into the country.
May 21, 2015, 19:40 PM IST
Govt may do away with mandatory RBI approval for FDI
In a bid to attract more foreign investment, the government is looking at doing away with the mandatory approval of the Reserve Bank of India (RBI) which currently is needed after an investment proposal has been approved by the FIPB.
May 19, 2015, 18:32 PM IST
BJP never in favour of FDI in multi-brand retail: Arun Jaitley
Jaitley also evaded giving a direct reply to a question on what the government's response will be if a retailer was to submit an FDI proposal.
May 19, 2015, 13:02 PM IST
FIPB to consider Kotak Bank's FDI proposal on May 28
Inter-ministerial body FIPB will on May 28 take up Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent, along with 47 other FDI applications.
May 18, 2015, 22:17 PM IST
FDI up 40% in FY'14-15, hopeful on GST rollout: FM Jaitley
Finance Minister Arun Jaitley said on Thursday that foreign direct investment into India in 2014-15 had risen by 40 percent over the previous fiscal and hoped that the indirect tax reform that investors are looking to would happen by the next April deadline for the GST Bill.
May 14, 2015, 22:18 PM IST
FDI in India up 40% to Rs 1.76 lakh crore in 2014-15
Foreign direct investment in India grew by about 40 percent year-on-year to Rs 1.76 lakh crore in 2014-15, Finance Minister Arun Jaitley on Thursday said.
May 14, 2015, 19:40 PM IST
Sitharaman, stakeholders discuss e-commerce FDI
The government on Thursday discussed various issues related to foreign direct investment (FDI) in the e-commerce sector with several stakeholders, including Flipkart, Snapdeal and industry associations.
May 14, 2015, 14:45 PM IST
Sitharaman to chair meet on FDI in e-retail
Government will hold a meeting of all stakeholders including industry bodies and firms such as Flipkart, Snapdeal and Amazon Thursday to deliberate on foreign direct investment (FDI) in e-commerce retailing.
May 13, 2015, 22:51 PM IST
Govt retains 51% FDI in multi-brand retail
Government has retained the previous UPA regime's decision allowing foreign retailers to open multi-brand stores with 51 percent ownership, in its consolidated FDI policy released Tuesday, notwithstanding the political slugfest over the issue.
May 12, 2015, 23:37 PM IST
FIPB can recommend FDI proposals up to Rs 3,000 crore
With an aim to increase FDI inflows, the government Wednesday enhanced FIPB's powers to recommend foreign investment proposals of up to Rs 3,000 crore.
May 06, 2015, 22:22 PM IST
Govt approves 19 FDI proposals worth Rs 2,165 crore
The government on Tuesday approved 19 FDI proposals worth Rs 2,165 cr including Rs 1,290 cr investment proposal of Bharti AXA Life and General Insurance.
May 05, 2015, 20:19 PM IST
Resolve land acquisition, FDI issues to set up smart cities: US
The US Tuesday asked India to resolve land acquisition problems and address issues concerning foreign direct investment for attracting funds for smart city projects.
Apr 28, 2015, 18:25 PM IST
FDI soars 63% to $3.28 billion in February
Foreign direct investment (FDI) in India jumped about 63 percent to USD 3.28 billion (about Rs 20,820 crore) in February, 2015.
Apr 27, 2015, 20:56 PM IST
FIPB to take up 41 foreign investment proposals on April 30
The Foreign Investment Promotion Board (FIPB), headed by Finance Secretary Rajiv Mehrishi, is scheduled to meet on April 30 to take up the proposals, said the Finance Ministry.
Apr 26, 2015, 14:02 PM IST
India Inc invests $2.27 billion overseas in March, down 59%
Foreign Direct Investment made by Indian industry in the overseas markets fell 59 percent to USD 2.27 billion last month.
Apr 15, 2015, 19:02 PM IST