The domestic companies had invested $2.23 billion in their overseas joint ventures and fully-owned subsidiaries during December 2020 in the previous financial year.
Higher exports and more consumption, investment and capex on technology are expected to be growth drivers of the Indian economy in FY2023, says a report by Aditya Birla Sun Life Mutual Fund.
Commerce Minister Piyush Goyal appealed to MNCs (Multi-National Corporations) to use India as a manufacturing base as they can capture the whole world from India.
Several mergers and acquisitions in the first six months of the year contributed to the increase. China was the leading FDI recipient worldwide in the first half of 2021, followed by the US and the UK. Increases were common across all non-OECD G20 countries, except for India where FDI inflows were only half of their peak levels in equity flow in Q3.
FDI in India in 2020-21 was $54,927 million compared $ 56,006 million in to 2019-20, as per the Reserve Bank of India (RBI) data.
The CM also emphasized on the state's land bank of 6000 acres with plug & play facilities to facilitate prospective entrepreneurs for setting up units.
Union Finance Minister Nirmala Sitharaman said India’s pandemic response has focused on the ‘twin goals of saving both the lives and livelihoods’.
FDI is critical for India to become a USD 5 trillion economy; Deloitte would hire 65,000 more people in the next 3 years, Punit Renjen said.
In big bang reforms, the Union Cabinet on Wednesday approved a relief package for the telecom sector that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign investment through the automatic route.
Nirmala Sitharaman cited liquidity pressure on insurance companies as the reason to raise the foreign direct investment (FDI) limit.
FDI proposals from China need government approval for investments in India in any sector
China has a trade surplus with almost every country in the world, but it has now transformed into trust deficit. Now, every country wants to pull out their investment from China.
After India’s new policy on restricting foreign direct investments, it is useful to ask why China is avoiding harsh language and any talk of retribution.
Last week, India made grant of prior approval mandatory for foreign investments from countries that share land border with India to curb "opportunistic takeovers" of domestic firms.
This route is simple. Invest in listed companies by way of secondary market transactions (stock exchange route).
This move is intended to monitor and check investments into Indian companies from neighbouring countries.
Prior approval for FDI will now be mandatory for countries which shares land borders with India
The government has decided to almost completely exit the airline saying the financial support being provided to the airline could be put to better use
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.