In the changed scenario, there are many incentives and concessions to develop industrial clusters and corridors but nothing for an industrialist if she desires to set up a unit in far-flung areas
An official statement said that measures taken on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in the increase
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
IRDAI has also directed the insurers to ensure that policy wordings are simple so that policyholders can understand them easily
Ruckus in Rajya Sabha over bill raising FDI in insurance; Opposition demands review by standing committee
BJP leader Bhupender Yadav, however, said that the bill has already been examined by a standing committee, the Law Commission and the Narasimhan Commission
Govt received Rs 36,709 cr from 100 PSUs in 2018-19; net worth of 77 companies totally eroded in losses: CAG
The report also said there were 157 Central Public Sector Enterprises (CPSEs) that incurred losses during 2018-19. The losses amounted to Rs 37,310 crore compared to Rs 41,180 crore in 2017-18
Union Budget 2021: FDI cap hike will raise insurance penetration, help attract overseas funds, say experts
In her Budget speech, Nirmala Sitharaman had proposed amending the Insurance Act, 1938, to increase the FDI limit in insurance companies from 49% to 74% and allow foreign ownership and control with safeguards
The Delhi HC says that the company's attempt to control Future Retail through a series of agreements is a violation of the FDI laws.
CAIT seeks strict action against Amazon in letter to ED, claims predatory pricing caused misery to small traders
The traders' body claimed that despite the constant violations, no action has been taken against Amazon because of which 7 crore traders in India are feeling cheated and left out
Amazon, which cannot itself acquire Future, tries to block the Future-Reliance transaction, putting livelihoods, lenders and vendors at risk.
Amazon may be on the wrong side of India’s FDI rulebook for multi-brand retail on dispute with Future Retail
By persona, as well as operations, Amazon is an e-commerce entity. Rules disallow FDI investors in multi-brand retail to engage in e-commerce activity.
The Ministry of Information and Broadcasting also said that any entity which intends to bring fresh foreign investment in the country has to seek prior approval of the Central government
Invest India 2020: Narendra Modi invites Canadian businesses to invest in education, manufacturing and agri sectors
India has already received over $20 billion during the first 6 months of this year from across the globe at a time when COVID-19 pandemic is at a peak, the prime minister said.
In post-COVID-19 world, India must boost healthcare by simplifying laws, encouraging private investment
If the govt cannot create health infrastructure directly, it must create a policy environment to allow private players to do so.
Finance Ministry credits govt, RBI for ‘green shoots of economic revival’ as agriculture, petroleum, electricity indicators pick up
The Finance Ministry cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage
Every Indian should pledge to use India-made goods so country can become 'aatma nirbhar': Amit Shah to CNN-News18
Amit Shah highlighted the Centre's economic package worth Rs 20 lakh core and said that PM Modi's Vocal for local push will not reduce foreign investments.
The Department for Promotion of Industry and Internal Trade (DPIIT) has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday
Narendra Modi's Rs 20 lakh crore stimulus blends shrewd geo-economics with Swadeshi-coated booster, but it may not be a panacea for jobs growth
While global investors with their view from a London or New York may look at India as a long-term alternative to China, the Modi government's own close relations with Japan may provide leverage.
India plans to fast track Chinese investments over fears of policy change hitting plans of companies, investors: Report
While the fast track mechanism would be open to all India’s neighbours with a land border, China would be the main beneficiary.
Chinese investors hold stakes in 18 of the 30 Indian startup unicorns, and some companies backed by them indulge in "predatory" behaviour, which needs to be brought under scrutiny, a domestic think tank said on Thursday