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Only few states drawing companies' attention to set up projects
This Budget will also continue the weighty task of sustaining social welfare schemes
A small policy relaxation outside the rubric of Press Note 3 is designed to help global and domestic electronics manufacturing build a local supply chain ecosystem
The US is also the biggest FDI investor in India in terms of equity, as per the Reserve Bank of India's (RBI's) latest FDI data, with Rs 8.1 crore, accounting for 16.9 per cent share in 2022
After witnessing a robust growth for two years, foreign direct equity investments during April-September declined 14 per cent on year to $26.9 billion
During the entire 2020-21 financial year, the total FDI inflow was $81.72 billion, despite the disruption caused by the outbreak of the pandemic last year
Curbs on investment by Chinese investors a major roadblock
Nifty50 firms' combined net profit seen rising 25% in third quarter. More in today's top headlines
Implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022
Foreign direct investment (FDI) in food processing sector declined 54 per cent to Rs 2,934.12 crore in 2020-21 as compared to the previous year, the government said on Friday. In a written reply to the Rajya Sabha, Minister of State for Food Processing Industries Prahlad Singh Patel informed that the FDI in the food processing sector stood at Rs 4,430.44 crore in 2018-19, Rs 6,414.67 crore during 2019-20 and Rs 2,934.12 crore during the 2020-21 financial year. The minister said that the FDI inflows in the food processing sector stood at USD 393.41 million in 2020-21 as against USD 904.70 million in the previous year. During the 2018-19 fiscal, the FDI inflow was USD 628.24 million, while the FDI was USD 904.9 million in 2017-18 and USD 727.22 million in 2016-17. Patel informed that 100 per cent FDI is permitted under the automatic route for the sector. "The share of FDI in the food processing sector is only 1.5 per cent of total FDI inflows and the sector needs more investments bo
He said that merchandise exports during April-October this fiscal stood at USD 232 billion and total FDI during the first four months of this fiscal rose by 62 per cent
FDI is critically important for India to become a USD 5 trillion economy, Deloitte CEO Punit Renjen said
Electronics and IT, industry and internal trade, and heavy industries are the three industries
The Cabinet Committee on Economic Affairs on Wednesday approved the FDI proposal for an investment of up to Rs 15,000 crore in Anchorage Infrastructure Investment Holding Ltd
Any strategic investment would be subject to a cap, though it's unclear at what level that would be set, according to a person familiar with the matter
Foreign direct investment in an insurance company promoted by a private bank will be cleared by the RBI and Irdai to ensure that the 74 per cent limit of overseas investment is not breached, govt said
Fund-raise set to help cash-strapped telco cut debt and pay AGR dues
The coming weeks should give us an idea on how e-commerce firms would do business in India if new rules are to be followed, writes Nivedita Mookerji
The DPIIT has notified the government's decision to increase the foreign direct investment (FDI) limit in the insurance sector under the automatic route to 75 per cent from 49 per cent earlier
The finance ministry's assessment of the impact of the second wave on the economy will take a bit longer considering the timings and uncertainties, she said