FDI norms News
The number of source countries for FDI increased from 89 in FY 2013–14 to 112 in FY 2024–25, underscoring India's growing global appeal as an investment destination.
The new Budget will come on the back of the government again overachieving its gross fiscal deficit target in FY25 at 4.7 per cent of the GDP vs 4.9 per cent in FY25 (RE) amid solid personal Income Tax revenue stream.
The commerce and industry ministry has announced revised FDI policy for online retail.
Civil Aviation Minister Ashok Gajapathi Raju on Thursday said the "Indian mindset" is to keep the ownership of Air India within the country but "theoretically everything is open", including allowing foreign bidders.
Prime Minister Narendra Modi will review the foreign direct investment (FDI) policy on Friday with a view to removing bottlenecks to overseas inflows, sources said.
The government is considering a proposal to increase the limit for foreign direct investment (FDI) in print media sector to 49 percent. Currently, the FDI policy permits 26 percent foreign direct investment in the publishing of newspapers and periodicals dealing with news and current affairs through government approval route.
Apple Inc officials have met Commerce Ministry top brass amid its plans to open stores in India without initially having to source components locally.
Government is considering further relaxing foreign direct investment (FDI) norms in several areas, including trading, with an eye on more inflows.
India`s decision to relax foreign direct investment in sectors including defence, aviation, and retail is a positive development for the country`s sovereign ratings, said Moody`s Investors Service on Monday.
India on Monday announced sweeping reforms to rules on foreign direct investment (FDI), opening up its defence and civil aviation sectors to complete outside ownership.
The Congress party on Monday termed the Narendra Modi government's decision to relax FDI norms in some key sectors as a "panic reaction" to Reserve Bank of India Governor Raghuram Rajan's announcement of not seeking a second term.
Recovering from its early morning plunge, BSE Sensex Monday soared 241 points as the government unleashed a new wave of FDI reforms and Brexit worries eased while hectic buying by institutions and talking-up by influential marketmen helped counter Rexit jitters.
With these changes, India is now the most open economy in the world for FDI, the government said.
Government is considering a proposal to relax foreign direct investment (FDI) norms in existing pharmaceutical companies with a view to attracting more overseas inflows.
The government in November opened up 15 sectors including real estate, defence, civil aviation and news broadcasting in a bid to push up reforms.
The Cabinet, headed by Modi, approved the relaxation in FDI policy for 15 sectors including real estate, defence, civil aviation and news broadcasting, official sources said.
Raising a banner of revolt against the government for its decision to ease FDI norms in 15 key sectors, RSS affiliate Swadeshi Jagran Manch (SJM) today demanded that the move be put on hold even as it accused the Centre of haste in the matter.
Liberalisation of the foreign investment policy in over a dozen sectors will boost economic growth and create more jobs in the country, Commerce and Industry Minister Nirmala Sitharaman said Friday.
Liberalisation of foreign direct investment (FDI) rules in 15 sectors is a significant structural macroeconomic reform that will support investment and real GDP growth over the long term, Fitch Ratings said Thursday.
Finance Ministry on Tuesday said the relaxation of FDI norms in as many as 15 sectors by the government will help open floodgates of investment in the country.
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