US-based global technology fund has already committed to over $2 billion investment in the country this year
According to the depositories data, a net sum of Rs 7,563 crore was invested in equities while Rs 4,262 crore were withdrawn by FPIs between July 1-31
The minister said that economic consultants have predicted budget deficit of Rs 10 trillion and the foreign direct investment is the need of the hour for pumping in liquidity into the market
Old favourites Singapore and Mauritius slowly giving way to funds from Cayman Islands and British Virgin Islands, whose flows into into the country have grown 267% and 469%, respectively
However, significant policy reform would also be necessary to attract investors
It is unfortunate timing, coming just months after Indian policy makers embarked on a fresh drive to open the country's bond markets to global investors, but adds to a list of issues stacking up
India received $51 billion in foreign investment in 2019
The World Investment Report 2020 by the UNCTAD said that India was the 9th largest recipient of FDI in 2019, with $51 billion dollars of inflows during the year
Bank of Mauritius has written to its Indian counterpart, explaining the mechanism by which investments are greenlighted via the country, and highlighted importance of Mauritius as an investment hub
UP government eyeing post-covid investments with companies looking to exit China
The private sector, experts say, can play a vital role in helping the government create an enabling ecosystem to attract investments from abroad
Urge govt not to slap the rule on PE funds that have already raised money
Equities saw a net outflow of Rs 6,883 crore in April and Rs 61,973 crore in March, hit by coronavirus-induced disruptions.
In talks with Medtronic and Abbott on relocating units
Between January and April 2020, Chinese companies and US hedge funds raised their stakes in Byju's, Paytm and many other billion-dollar Indian technology companies
Nasscom has been looking to expand into more markets to reduce its over dependence on US and UK, which together make up more than 70 per cent of its exports, as of last financial year.
A fiscally-strapped finance ministry was not expected to hand out any major sectoral sops. It has offered, instead, room for larger sector-agnostic investments, in spite of the protectionist character
In her second Budget presentation, the finance minister said certain government securities will be open for foreign investors
Fund registrations from the country drop to 4.3%; US, Ireland & Luxembourg gain
India attracted tech investments worth USD 9.36 billion last year, a 95 per cent increase compared with the previous year, according to the data compiled by a global database company. The data collated by Dealroom.co and revealed here this week show that the Indian investment figures coincided with record investment numbers registered by the UK in 2019, at USD 13.2 billion, behind the US (USD 116 bn) and China (USD 33.5 bn). Both India and the UK witnessed a record year in terms of investments into their respective technology sectors in 2019. India attracted tech investments worth USD 9.36 billion last year, which marks a 95 per cent hike on the previous year, it said. "The positive tech investment figures for India and the UK demonstrate that we are both top destinations for global investors," said Hemin Bharucha, Chief India Representative for London & Partners the Mayor of London's official promotional agency. "Cities such as London, Mumbai and Bengaluru are increasingly ...