Page 7 - Latest Updates on FDI
Rajya Sabha passes bill to raise FDI limit in insurance sector to 74%
Majority of directors, key personnel will be resident Indians; percentage of profits to be retained in India, says FM Sitharaman on FDI safeguards
 "Rajya Sabha passes bill to raise FDI limit in insurance sector to 74%")
RS adjourned four times amid uproar over bill on raising FDI in insurance
The Congress and other Opposition parties Thursday forced adjournments of Rajya Sabha proceedings for four times during the post-lunch sitting
 "RS adjourned four times amid uproar over bill on raising FDI in insurance")
LIVE: Rajya Sabha passes bill to hike FDI in insurance sector to 74%
By raising the FDI limit to 74%, the current provision of control being vested with Indian companies had to be dropped. Stay tuned for Latest LIVE news
 "LIVE: Rajya Sabha passes bill to hike FDI in insurance sector to 74%")
FDI policy in e-comm sector should be enforced in letter and spirit: CAIT
Domestic traders' body CAIT on Wednesday said the foreign direct investment policy in the e-commerce sector should be enforced in letter and spirit so that global players do not violate the rules.
 "FDI policy in e-comm sector should be enforced in letter and spirit: CAIT")
Govt has received complaints against e-comm firms for FDI violation: Goyal
Necessary actions have been taken for investigation by the Enforcement Directorate, Parliament was informed
 "Govt has received complaints against e-comm firms for FDI violation: Goyal")
DPIIT to meet trade unions, industry groups on FDI in e-commerce
Officials are likely to meet over a dozen e-commerce companies
 "DPIIT to meet trade unions, industry groups on FDI in e-commerce")
Draft e-commerce policy: Investments by large players may take a hit
Currently, online retailers such as Amazon and Flipkart are the dominant players in this space, capturing around two-thirds of the market share, experts said
 "Draft e-commerce policy: Investments by large players may take a hit")
DPIIT to hold meetings with industry, trader bodies on FDI in ecommerce
DPIIT will hold a host of meetings with industry and trader associations this month on issues pertaining to foreign direct investment in the e-commerce sector, an official said.
 "DPIIT to hold meetings with industry, trader bodies on FDI in ecommerce")
Cabinet approves amendment to Insurance Act, paving way for 74% FDI limit
The increase of the FDI limit will provide insurance companies with committed funds to improve the penetration of insurance in the country, says an industry executive
 "Cabinet approves amendment to Insurance Act, paving way for 74% FDI limit")
FDI hike in insurance sector likely to see mixed response, say experts
No fresh capital will come in, unless the foreign partner decides to infuse funds after raising its stake.
 "FDI hike in insurance sector likely to see mixed response, say experts")
India's FDI inflow in April-Dec 2020 surges 22% to $67.5 billion
It is the highest ever inflow for the first nine months of a financial year
Top headlines: Automatic nod for China FDI, Govt eyes Rs 6,200 cr in AGR
After being relegated to the second spot in the previous two fiscal years, China again became India's biggest trading partner in the first nine months of FY21. Read top stories with Business Standard
 "Top headlines: Automatic nod for China FDI, Govt eyes Rs 6,200 cr in AGR")
FDI in Pakistan down by 27% in first seven months, says report
Foreign direct investment in Pakistan has seen a 27 per cent decline in the first seven months of the current fiscal, owing mainly to the fall in investment from its close ally China, a media report said on Tuesday.
 "FDI in Pakistan down by 27% in first seven months, says report")
SBI Life, HDFC Life: Insurance cos eyeing reforms, stay invested: Analysts
While on one hand the Budget proposed to increase the FDI limit in the sector to 74 per cent, it also proposed to levy capital gains tax on ULIPs rendering insurance an unattractive investment option
Govt considering certain clarifications on FDI in e-commerce sector: Goyal
The government is considering to come out with certain clarifications to ensure that the e-commerce sector works in the "true spirit" of the law and rules
 "Govt considering certain clarifications on FDI in e-commerce sector: Goyal")
India has received $358.30 bn in FDI during 2014-20: Govt tells Lok Sabha
Replying to a separate question on gold imports, Minister of State for Commerce and Industry Hardeep Singh Puri said India has imported 306.55 tonnes of the yellow metal during April-December 2020
 "India has received $358.30 bn in FDI during 2014-20: Govt tells Lok Sabha")
Raising funds from investors will be easier: Helios Capital's Samir Arora
FDI in the insurance sector is very realistic, says Samir Arora
 "Raising funds from investors will be easier: Helios Capital's Samir Arora")
How will Budget 2021 impact senior citizens, NRIs and salaried people
In this Podcast, we discussed how the Budget will impact finances of senior citizens, non resident Indians, salaried people and the changes in taxation on Ulips and ease of ITR
 "How will Budget 2021 impact senior citizens, NRIs and salaried people")
Hiking FDI cap in insurance to open up large source of fresh funding: Goyal
Goyal on Monday said that hiking foreign direct investment (FDI) limit to 74 per cent in the insurance sector will open up a large source of fresh funding for the sector
 "Hiking FDI cap in insurance to open up large source of fresh funding: Goyal")
Top headlines: India's budget hikes spending; Myanmar military takes power
Business Standard brings you top news of the evening
 "Top headlines: India's budget hikes spending; Myanmar military takes power")
