New Delhi: A major decision was announced in the Union budget, strengthening the insurance sector. The Foreign Direct Investment (FDI) limit for the insurance sector increased from 49% to 74%. Since the last few years, demand was being made that the FDI limit in the insurance sector should be raised. The decision is welcomed by […]
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New Delhi: India has crossed an important landmark of $500 billion, in Foreign Direct Investment (FDI), over the last 20 years. In terms of Indian rupees, India has succeeded in attracting FDI of ₹37 trillion. There has been a major spurt in the FDI since the year 2015-16. Since the last five years, FDI worth […]
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New Delhi: Union Finance Minister, Nirmala Sitharaman announced the decision to hike the defence sector FDI has been raised from 49% to 74%. On Saturday, this decision was announced, which was then welcomed by Indian Defence Staff Chief, General Bipin Rawat. Hence, ‘FDI will facilitate technology transfers and defence corridors taking shape in right earnest’, […]
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New Delhi: The Indian government is making a valiant effort to attract Foreign Direct Investment (FDI) and to make trade opportunities available to the local companies and exporters. The government is seeking assistance from the Indian embassies located around the world for this purpose. Piyush Goel, the Union Minister for Commerce, held a dialogue with […]
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New Delhi: – Changes made by India in the Foreign Direct Investment (FDI) norms, to keep a tab on the investments, by opportunistic China and to safeguard the interest of the Indian industry, have not turned out well. China is spewing fire at the Indian decision. It has said that the changes made by India violate international regulations. Moreover, it also hopes that India will […]
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New Delhi : India has seen a good 53% increase in Foreign Direct Investment (FDI) over the past two years. It is believed throughout the world that a climate conducive to safe investments in India has been created due to the steps taken to foster the economic growth rate apart from the price stability and […]
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USIBC (US-India Business Council) welcomed India’s decision to further increase FDI(Foreign Direct Investment) limits as a boost to US-India bilateral trade. The FDI reform measures were decided at a high level meeting chaired by Prime Minister Modi on Monday. The reforms will allow up to 100 percent inflows in civil aviation, defense, food processing and […]
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On Friday last, Raghuram Rajan the Governor of the Reserve Bank (RBI) announced his decision to not continue in office in the following term. This decision was expected to demonstrate its repercussions on the market by the following Monday. With the fear of ‘Brexit’ still looming large, the share market was believed to be headed […]
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New Delhi Dated 23rd June (PTI): Government announces reforms in Foreign Direct Investment (FDI) in the key sectors of Defence, Aviation, Pharmaceuticals and Food Processing. The Prime Minister. Mr.Narendra Modi has expressed confidence,that with this decision the Indian market wouldopen up for FDI, and that in turn would boost the employment generation opportunities in the country. […]
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Washington – It revealed that Signature Bank went bankrupt in the United States, followed by Silvergate and SVB. The third US bank failure in a week signals that the country’s banking sector was in trouble. Against this backdrop, President Joe Biden claimed, on Monday, the US banking sector was safe. However, former US President Donald […]
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