Page 16 - Latest Updates on FDI
Relaxing FDI limit in insurance intermediaries to boost distribution: Fitch
The proposed change is only applicable to insurance intermediaries while the cap on foreign ownership in insurance companies will remain at 49%
 "Relaxing FDI limit in insurance intermediaries to boost distribution: Fitch")
India Inc's FDI down over two times to $820 million in June, shows RBI data
In May, the Indian firms had invested over $1.56 billion in their overseas ventures
 "India Inc's FDI down over two times to $820 million in June, shows RBI data")
Budget impact: FDI cap in insurance sector may be raised to 74%
The govt is also looking to allow FDI in information utilities at 100% through govt approval route
 "Budget impact: FDI cap in insurance sector may be raised to 74%")
Budget 2019: FM eases sourcing local norms, opens doors to Apple Stores
Aiming to attract big players, single-brand retail firms may be permitted to open online stores before setting up brick-and-mortar shops if they bring in over $200 mn FDI
 "Budget 2019: FM eases sourcing local norms, opens doors to Apple Stores")
FDI: Bringing all stakeholders on board
To take the economy to $5 trillion, India needs a clear and consistent position on foreign direct investment
 "FDI: Bringing all stakeholders on board")
India likely to be among top 20 global FDI sources by 2021: UN body
Drawing inference from a survey of investment promotion agencies globally, the report points out that India's equity outflows stood at $11.03 billion in 2018
 "India likely to be among top 20 global FDI sources by 2021: UN body")
Legal reforms like ad-hoc judges, better technology to speed up FDI
India's FDI rate is on a decline for the last three years. To stem the slide, the government needs to drastically improve the efficacy of the country's judicial system
 "Legal reforms like ad-hoc judges, better technology to speed up FDI")
The FDI problem
Shrinkage reveals questions about future of Indian growth
FDI inflows contract in FY19, first in 6 yrs, on weak economic conditions
Singapore replaces Mauritius as the top source of FDI
 "FDI inflows contract in FY19, first in 6 yrs, on weak economic conditions")
India's FDI inflows: Has Singapore gained at the expense of Mauritius?
In the first three quarters of 2018-19, total FDI inflows at $46.62 billion fell by over 3% over the same period of 2017-18
The FDI problem
Indian economy appears to be less attractive to foreign investors
Out 6 months later, FDI data show 7% fall in inbound equity investment
The latest figures were released after a hiatus of six months, throughout which the DPIIT did not publish FDI figures, despite RBI providing it with regular inputs
 "Out 6 months later, FDI data show 7% fall in inbound equity investment")
FDI declines 11% to $22.66 billion during April-Sept; may impact rupee
Singapore was the largest source of FDI during April-September 2018-19, followed by Mauritius, Netherlands, Japan, US, and UK
Why India's model bilateral investment treaty needs a thorough relook
It is good news that India has not completely abandoned its BIT regime, but not more than one country adopting the 2016 model BIT is sufficient indication of infirmities in the model
No plan to change current FDI policy in multi-brand retail trade: DIPP Secy
The current FDI policy permits overseas players to hold 51 per cent stake in an Indian multi-brand retail company
Inflow of capital from China has reduced over past 4 years, shows report
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
 "Inflow of capital from China has reduced over past 4 years, shows report")
India attracted $22 bn of FDI flows in first half of 2018, says UN report
The report, however, said that with the $22 billion FDI, India just about managed to make it to the top 10 host economies receiving the most FDI during the period
 "India attracted $22 bn of FDI flows in first half of 2018, says UN report")
Schizophrenia over FDI
One is the airline industry, the other is retailing
Outward FDI continues to fall y-o-y for 16 months in a row: RBI data
The total investment by domestic companies in their ventures abroad during the last 16 months between April 2017 and July 2018 stood at $25.48 billion
Inbound FDI from tax havens shoot up in FY18
Equity investments from Cayman Islands rise by 1600%, even as inflows from traditional sources fall
