The Chinese foreign ministry denied that talks on an investment pact between the European Union and China had run into complications
FDI proposals from China need government approval for investments in India in any sector
Prime Minister Narendra Modi's administration is formalising investment rules for neighbouring countries amid a bloody border standoff with China earlier this year
Amid a border stand off with China, the Indian government had tightened rules for foreign direct investment from all nations sharing a land border
China, which was ranked third on the PE/VC investments by country of investors, in 2019 fell to the sixth position in 2020
The automobile industry received the maximum FDI from China at $172 million
In a letter to Commerce and Industry Minister Piyush Goyal, CAIT shared a list of 141 prominent Indian startups claiming they have significant Chinese investments
Even before the face-off at the Galwan Valley at Ladakh, the government had taken a decision remove all Chinese investments from the automatic route and subject them to specific government approval
The National Highways Authority of India (NHAI) will complete these contracts but will not award fresh projects to Chinese firms.
Xiaomi has banked on its fans in Mi Community and word-of-mouth publicity to grow in India. Mi Community is now banned.
This comes after a week of economic disruption caused by introducing stringent scrutiny, resulting in shipments originating in China getting held up at Indian ports.
The short video-sharing company said it has been invited to meet with concerned government stakeholders for an opportunity to respond and submit clarifications.
The communication has been kept "informal" as banning purchase of country-specific products would be in violation of the World Trade Organization (WHO) rules
Experts say now service providers may be told to block IP addresses
Among the Indian IT companies, top-tier firms such as TCS, Infosys, Wipro and Tech Mahindra are learnt to be service providers for Huawei.
India's trade deficit with China is on a downward trajectory, and hit a 5-year low in FY20 due to lower imports and higher exports, but trade deficit with Hong Kong continues to rise.
The bloody clash between Indian and Chinese troops in Ladakh last week has sparked a popular demand for the shunning of Chinese products, ranging from apps to mobile phones.
Several right-wing groups, led by the Hindu Raksha Dal (HRD), are preparing to unleash more protest movements.
GlobalData said Chinese investors have been making their presence felt in a big way in the Indian start-up ecosystem over the last few years.
The sources said the proposal had already been discussed by the DEA and Sebi and is awaiting feedback from the Prime Minister's Office (PMO).