Page 18 - Latest Updates on FDI
More FDI reforms to be rolled out over next year: DIPP secretary
Government is working on a set of reforms across sectors, says DIPP Secretary Ramesh Abhishek
 "More FDI reforms to be rolled out over next year: DIPP secretary")
Provide enabling framework to attract FDI: PMO to departments
Directions were issued at a high-level meeting of senior officials called by the PMO
 "Provide enabling framework to attract FDI: PMO to departments")
India jumps to eigth spot on Global FDI Confidence Index
Jump was mainly because of GST reform
 "India jumps to eigth spot on Global FDI Confidence Index")
India companies FDI jumps two-fold to $3 billion in March
Indian firms had made investments of $1.42 billion in their overseas joint-ventures in March 2016
Cash, ATM management firms may get 100% FDI approval from govt
They are not required to comply with the PSARA; home ministry likely to clarify shortly
At least $10 bn of FDI waiting for right signals, says Harsimrat Kaur Badal
Funds to come if 'food plus' is allowed
 "At least $10 bn of FDI waiting for right signals, says Harsimrat Kaur Badal")
FDI buoyancy missing in capex of listed MNCs
MNCs have cut back on fresh investment despite a sharp improvement in their profitability
 "FDI buoyancy missing in capex of listed MNCs")
No FDI in defence, ports, coal in Apr-Dec period: Govt
During nine-month period of 2016-17, India attracted a total of $35.84 billion in foreign inflows
FDI cap tweak in print media in the works
This can mean companies like Apple, Zara can sell in India through wholly-owned subsidiaries
 "FDI cap tweak in print media in the works")
Govt is working on 'appropriate policies' for 100% FDI in airline
MoS Jayant Sinha said that Ministry has not yet received any formal application from any airline
FDI in services sector up 77.6% in 9 mths of FY'17
Sector contributes over 60% to India's GDP and accounts for 17% of total foreign investment inflows
 "FDI in services sector up 77.6% in 9 mths of FY'17")
FDI policy easing in select sectors in the works
FDI inflows into India firmed up by 22 per cent to $35.85 billion during April-December 2016
Govt mulls permitting sale of non-food items under FDI policy
The focus is to supply-chain related infrastructure, such as cold storage, abattoirs and food parks
With Budget 2017 phasing out FIPB, RBI to frame policy for FDI approvals
RBI is the nodal agency for administration of foreign investments and foreign exchange
 "With Budget 2017 phasing out FIPB, RBI to frame policy for FDI approvals")
FDI inflow rises 18% to $46 billion in 2016: DIPP
The country attracted FDI of $39.32 billion in 2015
UK strengthens position as largest G20 investor in India
UK is the single largest G20 investor in India, and supports close to 800,000 jobs
 "UK strengthens position as largest G20 investor in India")
Govt clears foreign investments worth Rs 12,200 crore
15 of 24 FDI proposals were approved while three were rejected, say sources
 "Govt clears foreign investments worth Rs 12,200 crore")
<b>Bhargavi Zaveri & Radhika Pandey:</b> Half-hearted FDI reform
Dismantling the FIPB is the first step on the road to rationalising the FDI regime
 "<b>Bhargavi Zaveri & Radhika Pandey:</b> Half-hearted FDI reform")
India Inc's FDI overseas down by 57% to $1.82 bn
$246 mn came in the form of equity money; $484 mn accrued from loans
 "India Inc's FDI overseas down by 57% to $1.82 bn")
FDI in manufacturing sector up 82% in Apr-Nov period: Nirmala Sitharaman
Sitharaman said to promote FDI, govt has put in place an investor-friendly policy
 "FDI in manufacturing sector up 82% in Apr-Nov period: Nirmala Sitharaman")
