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RBI releases draft guidelines for 'on tap' licensing of universal banks

May 05, 2016

RBI releases draft guidelines for 'on tap' licensing of universal banks

The Reserve Bank of India on Thursday released the draft guidelines for 'on tap' licensing of universal banks in the private sector and sought comments on them. #RBI #FDI #draft guidelines #Private sector #licensing of universal banks
Disclose names of Indians in Panama papers, demands SP in Rajya Sabha

Apr 27, 2016

Disclose names of Indians in Panama papers, demands SP in Rajya Sabha

A demand to disclose the names of Indians allegedly figuring in the leaked Panama Papers on those holding offshore accounts to launder money and dodging tax was made in the Rajya Sabha on Wednesday. #Black money #BJP #Rajya Sabha #NewsTracker #FDI #Tax #Panama Papers #Mossack Fonseca
India narrowing gap with China on FDI inflows: Nomura

Apr 26, 2016

India narrowing gap with China on FDI inflows: Nomura

India may this year surpass China in attracting foreign direct investment, in terms of percentage of its GDP, as the gap in inflows between the two has been narrowing on the back of ongoing reforms in the country, says a Nomura report. #India #China #FDI #Nomura #DIPP Secretary Ramesh Abhishek #foreign direct investments
Centre plans to completely ban FDI in tobacco sector

Apr 25, 2016

Centre plans to completely ban FDI in tobacco sector

The ban on FDI would eliminate the possibility of indirect flow of overseas funds to the tobacco sector, #NewsTracker #Foreign direct investment #FDI #Tobacco
FDI in India reaches record $51 bn in 11 months of FY16: DIPP

Apr 25, 2016

FDI in India reaches record $51 bn in 11 months of FY16: DIPP

Foreign Direct Investment into India touched the "highest ever" mark of USD 51 billion during the April-February period of last fiscal ended March 31, DIPP Secretary Ramesh Abhishek said today. #Foreign direct investment #FDI #DIPP #fiscal 2016 #Apr-Feb #DIPP Secretary Ramesh Abhishek
Govt working on guidelines for defence FDI beyond 49%

Apr 22, 2016

Govt working on guidelines for defence FDI beyond 49%

The development assumes significance as French defence major DCNS has approached the government with a 100 percent FDI proposal in the sector. #Defence #NewsTracker #FDI #Foreign Investment Promotion Board #Ministry of Defence
India logs higher growth, elbows out China on foreign investment

Apr 22, 2016

India logs higher growth, elbows out China on foreign investment

India has emerged as the top-ranked nation in the flow of foreign direct investment in 2015, beating China on the very turf it has dominated #India #China #Narendra Modi #NewsTracker #Foreign direct investment #FDI #Bureaucracy #capital investments #world power
India top FDI destination in 2015, Make in India boosting jobs: Report

Apr 22, 2016

India top FDI destination in 2015, Make in India boosting jobs: Report

In 2015, India was for the first time the leading country in the world for FDI, overtaking the US and China, the report said #FDI #Financial Times #job creation #Dollar flow #FDI Intelligence
Dear Sitharaman, Rajan did not embarrass; it's not bad to be 'one-eyed king'

Apr 19, 2016

Dear Sitharaman, Rajan did not embarrass; it's not bad to be 'one-eyed king'

India being the ‘bright spot’ among its Asian peers is something which international agencies, such as International Monetary Fund, have acknowledged. It is a great deal in a slowing world #Economic growth #FDI #manufacturing #global slowdown #CAD #PM Narendra Modi #RBI governor Raghuram Rajan #Commerce Minister Nirmala Sitharaman
100% FDI in ecommerce an encouraging move; time to bring in level playing field for offline models too

Mar 30, 2016

100% FDI in ecommerce an encouraging move; time to bring in level playing field for offline models too

The government needs to hike this to 100% so as to truly bring about a level playing field between offline and online models #Walmart #FDI #Amazon #Flipkart #retail stores #Ecommerce