Page 3 - Foreign Direct Investments

Top headlines: Govt puts on hold DA hike, Fitch cuts India growth forecast

Business Standard brings to you the top headlines of the day

Uncertainty over new 'beneficial ownership' clause for Chinese FDI

This is particularly important as Chinese companies often have opaque beneficial structures and have unbridled access to our market and other national information

No hostile takeover of Indian firms: New FDI guidelines come into effect

The updated FEMA Rules came into effect from Thursday midnight

Ending opportunism

Govt right to crack down on strategic investments from China

India's new FDI policy is discriminatory and against free trade: China

India's move was attributed to the rising possibility of "opportunistic takeovers" of its companies by those in neighbouring nations, as the coronavirus pandemic wreaks havoc on the economy

Parliament panel expresses concerns over dip in manufacturing sector FDI

It recommended the commerce department to take concerted efforts to increase the share of manufacturing sector in FDI inflows.

Govt allows NRIs to now acquire up to 100% equity in Air India

This has been termed a landmark decision by Union minister Prakash Javadekar

Defence industry received $8.82 million FDI during Apr 2000- Dec 2019: Govt

In 2018-19, FDI in the sector was aggregated at $2.18 million, according to the data

Sitharaman's infrastructure push need not be a pipe-dream: Here's how

The government should be happy that they are still buying civilization by investing in infrastructure bonds instead of paying their full taxes.

Industrial output breaks 3-month downward streak, expands by 1.8% in Nov

The rise in IIP helped pull up cumulative growth in industrial output to 0.6 per cent in the April-November period of FY20

FDI inflows rose 15% in H1FY20, services sector got the lion's share

Singapore was the largest source of FDI for India in FY20, accounting for around $8 billion, followed by Mauritius with $6.3 billion

FDI at record levels, Rs 4.47 trillion sanctioned to NBFCs, HFCs: CEA

The CEA also pointed out the recent disinvestment decisions regarding PSU majors BPCL, CONCOR and SCI

Cut in corporate tax rate important for investments: CEA Subramanian

The government has undertaken a number of measures to arrest the growth slowdown. In September, it announced a cut in the corporate tax rate to 22 per cent from 30 per cent.

PM's Diwali gift to the economy

India should quickly implement these reforms to revive the lost export momentum and spur high, inclusive growth to create jobs.

Apple, IKEA gain after local-sourcing norms eased for single-brand retail

According to the Cabinet decision taken on Wednesday, all procurement in India - for domestic or export markets - will be accepted as local sourcing

Govt may allow 100% FDI in contract manufacturing for investments: Report

The commerce and industry ministry is working on a proposal that would be finalised soon and sent for Union Cabinet's approval

Govt looks at eliminating FDI security gaps through scrutiny measures

Foreign investment in strategic sectors main worry

India attracts highest-ever FDI inflow of $64.37-billion in FY19: Report

According to the Annual Report 2018-19 of the DPIIT, foreign direct investments (FDI) worth $286 billion were received in the country in past five years

No foreign direct investments in defence, ports, coal in Apr-Dec: Govt

As many as six sectors, including defence industries, ports and coal production, have failed to attract any foreign direct investments during the April-December period of the current fiscal, Parliament was informed today. The other three sectors, which were not able to attract foreign inflows are - photographic raw film & paper, dye-stuffs and coir, according to the data shared by Minister of State for Commerce and Industry C R Chaudhary in a written reply to the Lok Sabha. Barring defence industries and dye-stuffs, the other four segments had not received any FDI in 2015-16 either. The government has relaxed FDI norms in several sectors, including defence, single brand retail and civil aviation, to attract foreign direct investment in the country. India imports 70 per cent of its military hardware from different countries. During April-December 2017-18, FDI into the country grew by a meagre 0.27 per cent to USD 35.94 billion.