Foreign Direct-investment

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Foreign Direct-investment - Total results - 155
At $0.6 bn, India records current account surplus in fourth quarter of FY20 for first time in 13 years, says RBI
India

At $0.6 bn, India records current account surplus in fourth quarter of FY20 for first time in 13 years, says RBI

The RBI data also showed the current account deficit for the October-December quarter of fiscal 2019-20 was revised to $2.6 billion or 0.4 percent of GDP from $1.4 billion earlier.

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
Business

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.

Some Indian companies with Chinese investments indulge in predatory strategies: Think tank
Business

Some Indian companies with Chinese investments indulge in predatory strategies: Think tank

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

Bharti Infratel extends deadline for merger with Indus Towers by two months
Business

Bharti Infratel extends deadline for merger with Indus Towers by two months

Bharti Infratel on Monday extended the deadline for its merger with Indus Towers by two more months to 24 April, but cautioned that final call on scheme implementation will be taken by the board based on assessment of telecom crisis and its impact

Air India sale: Govt working on proposal to allow 100% foreign direct investment in national carrier
Business

Air India sale: Govt working on proposal to allow 100% foreign direct investment in national carrier

The government is working on a proposal to allow 100 percent foreign direct investment in Air India as it moves ahead with disinvestment of the national carrier, according to sources

Walmart to improve Flipkart's supply chain to build grocery and daily essentials space; to focus on training MSME entrepreneurs
News & Analysis

Walmart to improve Flipkart's supply chain to build grocery and daily essentials space; to focus on training MSME entrepreneurs

The American retailer will invest in areas that will help Flipkart, Walmart and its global supply chain, in India

DPIIT received some complaints of e-commerce firms offering deep discounts: Union Minister Piyush Goyal
Business

DPIIT received some complaints of e-commerce firms offering deep discounts: Union Minister Piyush Goyal

The Department for Promotion of Industry and Internal Trade (DPIIT) has received complaints that e-commerce companies are offering deep discounts, indulging in predatory pricing, exercising control over inventory and influencing the prices of goods sold on the platform, Parliament was informed on Friday

Flipkart ups ante against Amazon; to set up Rs 2,000-cr unit for food retail in India
Business

Flipkart ups ante against Amazon; to set up Rs 2,000-cr unit for food retail in India

E-commerce giant Flipkart on Tuesday said it is setting up a new local entity - Flipkart Farmermart - that will focus on food retail in India, as it looks to take on arch-rival Amazon in the segment

Economic slowdown cyclic in nature but right time to invest in India: Commerce Minister Piyush Goyal
Business

Economic slowdown cyclic in nature but right time to invest in India: Commerce Minister Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Tuesday said that the recent economic slowdown is a cyclic structural adjustment, and it is the right time to invest in India before growth bounces back

Apple, Oppo and others committed to long-term investment in India after FDI relaxation
News & Analysis

Apple, Oppo and others committed to long-term investment in India after FDI relaxation

Tech giants such as Apple can start selling a range of products in India through their own online store

Coal Minister Pralhad Joshi says 100% FDI in coal mining to create direct, indirect employment
Business

Coal Minister Pralhad Joshi says 100% FDI in coal mining to create direct, indirect employment

Terming 100 percent FDI in coal mining "the biggest reform" of BJP government, Coal Minister Pralhad Joshi on Thursday said the move will set up an efficient and competitive coal market in India and create direct and indirect employment in coal-bearing areas

Govt relaxes FDI rules in single-brand retail, coal mining, contract manufacturing, digital media: All you need to know
Business

Govt relaxes FDI rules in single-brand retail, coal mining, contract manufacturing, digital media: All you need to know

The government on Wednesday approved further relaxed rules for foreign direct investment (FDI) rules in four sectors

India making serious efforts to bring standards up to global norms, says US advocacy group on FDI reforms
Business

India making serious efforts to bring standards up to global norms, says US advocacy group on FDI reforms

The US India Strategic and Partnership Forum (USISPF) hailed the Narendra Modi government's move

INX Media case: Bid to legalise dubious FDI as finance minister to help son Karti puts P Chidambaram in dock
India

INX Media case: Bid to legalise dubious FDI as finance minister to help son Karti puts P Chidambaram in dock

The senior Congress leader suffered twin setback on Tuesday when Delhi High Court first rejected his plea and subsequently the apex court asked him to move the appeal on Wednesday.

Walmart International CEO Judith McKenna meets Piyush Goyal to discuss local sourcing norms for domestic market
Business

Walmart International CEO Judith McKenna meets Piyush Goyal to discuss local sourcing norms for domestic market

Walmart International President and CEO Judith McKenna has met Commerce and Industry Minister Piyush Goyal to discuss local sourcing norms for the domestic market

Union Budget 2019: Govt proposes FDI norm relaxation in media, aviation, insurance, single brand retail
Business

Union Budget 2019: Govt proposes FDI norm relaxation in media, aviation, insurance, single brand retail

The government on Friday proposed relaxation in the FDI norms for sectors such as media, aviation, insurance, and single brand retail with a view to attract more overseas investment

Union Budget 2019: Industry lobby FICCI for increasing FDI cap in insurance sector to 74%
Business

Union Budget 2019: Industry lobby FICCI for increasing FDI cap in insurance sector to 74%

The government needs to increase foreign direct investment cap in the insurance sector and multi-brand retail trading for products manufactured and sourced from India for attracting overseas inflows, industry chamber FICCI said on Thursday

FDI inflows record first decline in six years in FY19, fall by 1 percent to $44.37 bn as overseas fund inflows subside in telecom, pharma
Business

FDI inflows record first decline in six years in FY19, fall by 1 percent to $44.37 bn as overseas fund inflows subside in telecom, pharma

According to the latest data of the Department for Promotion of Industry and Internal Trade (DPIIT), FDI in 2017-18 was a record $44.85 billion

Enforcement Directorate probes e-commerce giants Amazon, Flipkart for violation of foreign exchange law
Business

Enforcement Directorate probes e-commerce giants Amazon, Flipkart for violation of foreign exchange law

Investigation has been initiated against e-commerce giants Amazon and Flipkart for alleged violation of foreign exchange law, the Enforcement Directorate (ED) on Monday informed the Delhi High Court

Philip Morris paid for India manufacturing amid 9-year-old ban on foreign investment in industry
Business

Philip Morris paid for India manufacturing amid 9-year-old ban on foreign investment in industry

Philip Morris, though, stayed in India and used another route, according to company documents dated between May 2009 and January 2018.