Page 3 - Foreign Direct Investment Fdi
FDI reforms needed more than opening up of sectors, say experts
Sources confirm the Centre is actively looking to further relax FDI norms in sectors such as insurance and railway operations.
 "FDI reforms needed more than opening up of sectors, say experts")
DPIIT to approach govt for 74% FDI in defence through auto route: Report
As per the current FDI policy, 100 per cent overseas investments are permitted in the defence industry -- 49 per cent under the automatic route, while beyond that the government approval is required
 "DPIIT to approach govt for 74% FDI in defence through auto route: Report")
India moves up a rank, becomes second-largest foreign investor in UK
The US remains the number one source of FDI for the UK, delivering 462 projects and 20,131 jobs, followed by India, Germany, France and China and Hong Kong
 "India moves up a rank, becomes second-largest foreign investor in UK")
FDI up by $19 bn in FY20; portfolio investment down by $13.7 bn: RBI
"Overall, net claims of non-residents on India declined by $57.6 billion during the year," RBI said
 "FDI up by $19 bn in FY20; portfolio investment down by $13.7 bn: RBI")
Digital strike: India bans 59 Chinese mobile apps on security threat
Experts say now service providers may be told to block IP addresses
 "Digital strike: India bans 59 Chinese mobile apps on security threat")
US firms look for stable policy to make India hub: USISPF's Mukesh Aghi
While the forum is advocating India not just as a preferred market but also as an export hub, many member firms have raised concerns about sudden policy changes impacting inbound global investments.
 "US firms look for stable policy to make India hub: USISPF's Mukesh Aghi")
Blocking Chinese funding will adversely impact Indian start-ups: GlobalData
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.
 "Blocking Chinese funding will adversely impact Indian start-ups: GlobalData")
Galwan Valley clash: Govt plans to cap China FPI investments at 5%
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).
 "Galwan Valley clash: Govt plans to cap China FPI investments at 5%")
Border backlash: India may put on hold FDI proposals of 6 Chinese firms
Home Ministry received more than 20 proposals for foreign direct investment, including from China and Hong Kong, requiring security clearance between April and May.
 "Border backlash: India may put on hold FDI proposals of 6 Chinese firms")
Govt seeks product details to curb low quality imports from China: Sources
Sources said a high-level meeting to discuss ways to promote Atmanirbhar Bharat, including a cut in import dependence from China, also took place recently in the Prime Minister's office
 "Govt seeks product details to curb low quality imports from China: Sources")
China strengthens its foothold in Bangladesh amid trade war with US
"Trade war to generate additional $400 million exports for Bangladesh," Asian Development Bank's chief economist Yasuyuki Sawada said
 "China strengthens its foothold in Bangladesh amid trade war with US")
Indian start-ups funded by Chinese investors hit Great Wall of uncertainty
"With the latest escalation, my apprehension is that investments into sensitive sectors may be subject to deeper inspection by the government," said Atul Pandey, a partner at law firm Khaitan & Co
 "Indian start-ups funded by Chinese investors hit Great Wall of uncertainty")
Jio-Facebook platform can open digital market worth $2 trn by 2025: Report
Customer behaviour will see permanent shifts to higher digital adoption in e-commerce/online grocery, digital payments, and digital content from Covid, the report stated
 "Jio-Facebook platform can open digital market worth $2 trn by 2025: Report")
FDI from Cayman Islands to India jumps three-fold to $3.7 bn in 2019-20
India had received FDI worth $1 billion in 2018-19 and $1.23 billion in 2017-18 from the Cayman Islands, which is UK Overseas Territory
Covid-19 crisis: Cabinet forms group of secys to attract foreign investment
The two bodies also aim to make Indian products go global, help develop investible pipelines
 "Covid-19 crisis: Cabinet forms group of secys to attract foreign investment")
Walmart-Flipkart deal: AAR rejects Tiger Global plea on withholding tax
Tiger Global was one of the prominent shareholders in e-commerce major Flipkart, founded by Sachin Bansal and Binny Bansal in 2007.
 "Walmart-Flipkart deal: AAR rejects Tiger Global plea on withholding tax")
DoT plans to transform India into manufacturing, export hub of 5G gear
The move will encourage global telecom gear makers like Ericcsson and Nokia as well as Huawei (provided it gets FDI permission) to export from the country.
 "DoT plans to transform India into manufacturing, export hub of 5G gear")
Cayman Islands now India's 10th largest source of foreign direct investment
Inflows have gone up from tax havens; corporate tax dodging worries DPIIT
 "Cayman Islands now India's 10th largest source of foreign direct investment")
Singapore top FDI source for India in FY20 with $14.67 bn in investments
In the past two financial years, FDI from Singapore has surpassed that from Mauritius
 "Singapore top FDI source for India in FY20 with $14.67 bn in investments")
Top biz headlines: Corona warriors for markets, Jet gets 7 new EoIs, & more
Here are the top 10 headlines on Friday morning
 "Top biz headlines: Corona warriors for markets, Jet gets 7 new EoIs, & more")
