India emerges as key source country for FDI into Dubai: Report
30 May 2023, 11:32

India emerges as key source country for FDI into Dubai: Report

India has emerged as a key source country for Foreign Direct Investment (FDI) in Dubai, one of the wealthiest of the seven emirates in the United Arab Emirates, according to a report released on Monday. It ranked among the top five source countries for announced FDI projects and estimated FDI capital, according to a report released by "fDi Markets'', a service from UK's Financial Times Ltd.

Indian real estate saw 3x rise in foreign institutional investments during 2017-22: Colliers
12 May 2023, 12:53

Indian real estate saw 3x rise in foreign institutional investments during 2017-22: Colliers

India received foreign institutional inflows worth USD 26.6 billion into real estate during the six-year period from 2017 to 2022, a three-fold rise from the preceding six-year period, according to Nasdaq-listed investment management company Colliers.

OPINION: Green finance — need of the hour for net-zero transition — is gaining momentum in Indian economy!
Saunak Saha
21 Apr 2023, 10:43

OPINION: Green finance — need of the hour for net-zero transition — is gaining momentum in Indian economy!

In addition to the government and companies, there is increased interest from banks, NBFCs, venture capitalists and PE funds in green finance opportunities!

IMF lowers India's GDP growth projections to 5.9% for FY24
12 Apr 2023, 09:06

IMF lowers India's GDP growth projections to 5.9% for FY24

The International Monetary Fund (IMF) in its flagship World Economic Outlook projected that India will be the fastest growing economy in the world amid financial sector turmoil, high inflation, ongoing effects of the Russia-Ukraine war, and three years of COVID.

FDI equity inflows decline 15% to USD 36.75 billon in Apr-Dec FY23
22 Feb 2023, 17:08

FDI equity inflows decline 15% to USD 36.75 billon in Apr-Dec FY23

Foreign direct investment (FDI) into India declined by 15 per cent to USD 36.75 billion during the April-December this fiscal, according to the latest Department for Promotion of Industry and Internal Trade data. The FDI inflows stood at USD 43.

Mutual funds increase their stake in Paytm
23 Jan 2023, 12:54

Mutual funds increase their stake in Paytm

Increase in shareholding by domestic investors shows more Indian believe in Paytm's ability to deliver profitability without compromising on growth.

Over 7 in 10 employers keen to hire in services sector in India
20 Dec 2022, 13:46

Over 7 in 10 employers keen to hire in services sector in India

India is leading with the highest hiring intent in certain sectors despite the ongoing global inflation and layoffs in the IT-tech sector, and close to 77 per cent employers are keen to increase their resource pool in the services sector in the period of January-March 2023, a report showed on Tuesday.

Pakistan's FDI plunges 52% in four months says a Dawn report
23 Nov 2022, 10:03

Pakistan's FDI plunges 52% in four months says a Dawn report

On Monday, the Pakistan State Bank issued the latest data, showing the FDI fell to USD 348.3 million in July-October FY23 from USD 726.5 million during the same period of the last fiscal year (FY22), the Dawn newspaper reported.

Risk to India's sovereign rating from external pressures is limited: Fitch
19 Oct 2022, 17:52

Risk to India's sovereign rating from external pressures is limited: Fitch

The risk to India's sovereign rating from external pressures is limited, said Fitch Ratings on Wednesday.

World Bank downgrades India's economic growth forecast to 6.5% for FY23
06 Oct 2022, 17:52

World Bank downgrades India's economic growth forecast to 6.5% for FY23

The World Bank on Thursday projected a growth rate of 6.5 per cent for the Indian economy for the fiscal year 2022-23, a dro...

Amazon, Flipkart and other e-commerce platforms may not be able to do flash sales any more, if Indian government has its way
Kritti Bhalla
22 Jun 2021, 10:38

Amazon, Flipkart and other e-commerce platforms may not be able to do flash sales any more, if Indian government has its way

The latest regulations are an amendment to the Consumer Protection (E-Commerce) Rules of 2020. All e-commerce...

India passes bill to increase foreign investment limit in insurance companies
18 Mar 2021, 20:50

India passes bill to increase foreign investment limit in insurance companies

Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Fi...

CAIT miffed with USIBC for intervening in India's e-commerce policy
30 Jan 2021, 16:18

CAIT miffed with USIBC for intervening in India's e-commerce policy

The Confederation of All India Traders (CAIT) has strongly criticised US-based lobby group USIBC for objecting to an initiative of DPIIT to reframe the Press Note 2 of FDI policy.

Airtel receives approval for 100% FDI in subsidiaries
13 Jan 2021, 08:39

Airtel receives approval for 100% FDI in subsidiaries

Telecom major Bharti Airtel on Tuesday said that it has received required regulatory approvals for 100 per cent foreign direct investment in its down...

Amazon and Flipkart accused of violating FDI policy — Indian government asks RBI and ED to take action
31 Dec 2020, 14:01

Amazon and Flipkart accused of violating FDI policy — Indian government asks RBI and ED to take action

New Delhi, In a significant development related to war between e-commerce giants and traders of India, the Union Government ...

Piyush Goyal invites foreign investors to India citing $40 billion in FDI between April and September
15 Dec 2020, 16:44

Piyush Goyal invites foreign investors to India citing $40 billion in FDI between April and September

While inviting the participation of foreign investors into India's economy, Union Minister Piyush Goyal on Tuesday said duri...

Digital news publications in India have one month to share FDI details with the government — and till October next year to comply
Prabhjote Gill
17 Nov 2020, 12:16

Digital news publications in India have one month to share FDI details with the government — and till October next year to comply

Any new investment that news companies plan to bring in has to be approved by the central government

Vedanta says delisting could bring $3 billion FDI into India
13 Oct 2020, 13:29

Vedanta says delisting could bring $3 billion FDI into India

As the delisting bid of minerals major Vedanta Ltd failed last week, the company has said that if successful, the bid would have brought in foreign direct investment (FDI) of $3.15 billion into the Indian economy.

Foreign investors can now pump in up to 74 % FDI under automatic route in India's defence sector
18 Sep 2020, 09:11

Foreign investors can now pump in up to 74 % FDI under automatic route in India's defence sector

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 government approval was required.

Flipkart will try again for a ‘Made in India’ tag to be able to sell farm produce
Sanchita Dash
01 Jun 2020, 13:07

Flipkart will try again for a ‘Made in India’ tag to be able to sell farm produce

Walmart-owned Flipkart had applied for a license to run Flipkart FarmerMart – a food retail entity that would sell agricultu...

India's Finance Minister reveals the final lot of Modi's economic stimulus programme
BI India Bureau
17 May 2020, 12:24

India's Finance Minister reveals the final lot of Modi's economic stimulus programme

The fifth tranche of stimulus measures to revive India's economy revealed today. This is part of the ₹20 lakh crore, about $...

India hikes foreign investment limit in defence manufacturing⁠— and it will create a list of banned imports
Prabhjote Gill
16 May 2020, 17:22

India hikes foreign investment limit in defence manufacturing⁠— and it will create a list of banned imports

The FDI limit for defence has also been increased from 49% to 74%. The import of certain weapons and platforms is going to b...

India amends FDI policy to prevent ‘opportunistic acquisitions’ of Indian companies⁠ by the Chinese
Prerna Sindwani
18 Apr 2020, 18:29

India amends FDI policy to prevent ‘opportunistic acquisitions’ of Indian companies⁠ by the Chinese

The Indian government introduced amendments in the Foreign Direct Investment (FDI) Policy to prevent “opportunistic acquisit...

Budget 2020 aside, these are some of the reforms that India can execute without causing political 'heat and tension'
Prabhjote Gill
15 Jan 2020, 12:14

Budget 2020 aside, these are some of the reforms that India can execute without causing political 'heat and tension'

Policy analysts feel that the reform agenda has taken a back seat to political issues during Prime Minister N...

India’s first Apple Store opening in the Bandra Kurla Complex in Mumbai
BI India Tech Bureau
04 Oct 2019, 17:36

India’s first Apple Store opening in the Bandra Kurla Complex in Mumbai

India’s first Apple Store to open in Mumbai’ Maker Maxity mall located in the commercial hub of the Bandra Kurla Complex (BK...
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