Bangladesh signs $130 mn World Bank loan for economic zones
The Bangladeshi government has signed a $130 million additional financing agreement with the World Bank to scale up support for the recently licensed and new economic zones to attract foreign and domestic investment as well as to create more jobs in the manufacturing sector.
Jun 20, 2016, 02:34 AM IST
India received $55 billion in FDI in two years: Sushma Swaraj
India has received $55 billion in FDI in the last two years, External Affairs Minister Sushma Swaraj said on Sunday, noting enhanced economic engagement with countries across the world has been a major priority area of the government's foreign policy.
Jun 19, 2016, 21:03 PM IST
RBI lets Axis Bank raise foreign shareholding to up to 62%
Reserve Bank has allowed Axis Bank to raise foreign shareholding to up to 62 percent, from the earlier limit of 49 percent.
May 31, 2016, 20:11 PM IST
6 insurers get FIPB nod for Rs 2,566-crore FDI till Feb 2016
As many as six private insurers have got FIPB approval for foreign investment proposals worth Rs 2,566 crore till February after the government increased the FDI cap in the sector to 49 per cent from 26 percent.
May 14, 2016, 18:26 PM IST
India received $40.82 billion FDI till Dec in FY16
For 2014-15, FDI inflows were USD 44.29 billion, up 23 percent as compared to the previous fiscal.
May 06, 2016, 17:24 PM IST
Masala bonds a step to make Rupee global currency: CARE Ratings
Issuance of rupee-denominated masala bonds overseas is a step towards making the Indian currency global, CARE Ratings said on Thursday.
Apr 14, 2016, 19:50 PM IST
Real estate bill to facilitate foreign direct investment
The Real Estate (Regulation and Development) Bill passed by both the houses of parliament is expected to facilitate more foreign direct investments in the sector, developers say.
Mar 20, 2016, 16:39 PM IST
FPIs infuse Rs 11,000-crore in stock markets in March
Overseas investors are raising their bets on Indian market as they have pumped in over Rs 11,000 crore into the domestic equities so far this month on continued hopes that the RBI would bring down the monetary policy rate.
Mar 20, 2016, 14:14 PM IST
Govt allows 49% FDI in insurance under automatic route
Seeking to attract more foreign investment, the government has relaxed FDI norms for insurance sector by permitting overseas companies to buy 49 percent stake in domestic insurers without prior approval.
Mar 18, 2016, 23:08 PM IST
FDI in services rises 20% in first half of FY16
With the government taking steps to improve ease of doing business and attract investments, FDI inflows into the services sector grew by about 20 percent to US $1.46 billion (Rs 9,404 crore) in the first six months of the current fiscal.
Dec 13, 2015, 12:39 PM IST
FIPB clears 6 FDI proposals worth Rs 1,810 crore
The board has approved the proposal of IIFL Holdings.
Nov 18, 2015, 15:14 PM IST
Easier FDI norms to boost economic growth, employment: Nirmala Sitharaman
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.
Nov 13, 2015, 19:41 PM IST
China's FDI touches $103.7 billion till October
For the first 10 months, FDI, which excludes investment in the financial sector, stood at USD 103.7 billion, up 8.6 percent from the same period last year.
Nov 11, 2015, 16:10 PM IST
FDI: Chanda Kochhar hails full fungibility for private lenders
In the private banking sector, the government has introduced full fungibility of foreign investment.
Nov 10, 2015, 21:45 PM IST
FIPB gets more power; can clear proposals up to Rs 5K crore
With an aim to expedite FDI clearance process, the government on Tuesday enhanced FIPB's monetary limit to approve foreign investment proposals of up to Rs 5,000 crore.
Nov 10, 2015, 20:22 PM IST
FIPB clears 14 FDI proposals
The FIPB on Friday cleared 14 foreign investment proposals including that of Shyam Sistema Teleservices and IIFL Holdings.
Sep 11, 2015, 14:42 PM IST
Suresh Prabhu invites foreign investment in manufacturing
Railway Minister Suresh Prabhu Saturday invited other countries to make India their base for manufacturing as the government would be investing USD 120 billion over the next five years to develop railway services.
Aug 29, 2015, 14:49 PM IST
Govt notifies composite cap for foreign investment
Sectors like insurance, pension, retail and pharmaceuticals will benefit from introduction of composite cap in the FDI policy which came into effect from Thursday.
Jul 30, 2015, 19:50 PM IST
Cabinet approves foreign investment in AIFs
To attract more overseas money into the country, the Union Cabinet on Wednesday cleared a proposal allowing foreign entities to invest in Alternative Investment Funds (AIFs).
Jul 29, 2015, 21:31 PM IST
Govt clears seven FDI proposals worth Rs 981 crore
Government on Wednesday said it has cleared seven foreign investment proposals, including that of Hathway Cable and Datacom, totalling over Rs 981 crore.
Jul 29, 2015, 18:16 PM IST
