Nirmala Sitharaman says no to FDI in multi-brand retail
At present, 100 percent foreign direct investment (FDI) is allowed only in business-to-business (B2B) e-commerce and not in the retail segment.
May 30, 2015, 20:51 PM IST
$34.9 bn FDI inflows to India in FY 2015: Nomura
According to the report, the FY 2015 inflows are 1.7 percent of GDP, up from 1.1 percent in the previous year.
May 27, 2015, 19:07 PM IST
FDI in automobile sector up 89% in Apr-Feb FY'15
The Indian automobile sector, which is recovering from a slowdown, saw 89 percent growth in foreign direct investment (FDI) to USD 2.42 billion during the 11 month period of the last fiscal.
May 25, 2015, 22:01 PM IST
Govt clears 21 FDI proposals worth Rs 281 crore
The government has cleared 21 foreign direct investment (FDI) deals worth Rs 281 crore but deferred Kotak Mahindra Bank's proposal to hike foreign investment limit in the bank to 55 percent.
May 25, 2015, 15:52 PM IST
CAIT ask govt to annul 51% FDI policy in multi-brand retail
Traders body CAIT Sunday asked the government to scrap the policy of 51 percent FDI in multi-brand retail sector.
May 24, 2015, 23:46 PM IST
DIPP plans 360-degree media campaign to hard sell India for FDI
The Commerce and Industry Ministry is planning to undertake a "360-degree" media campaign to promote 'Make in India' and attract overseas and domestic investment.
May 24, 2015, 11:36 AM IST
Govt will consider repealing 51% FDI policy for retail
Government will consider repealing the 51 percent FDI policy in multi-brand retail, while no proposal would be entertained for opening supermarkets in India by foreign players, Union Minister Nirmala Sitharaman said.
May 21, 2015, 22:42 PM IST
RBI simplifying forex regulations to improve ease of doing biz
The Reserve Bank on Thursday said it is working with the government to simplify and liberalise procedures related to foreign exchange regulations to facilitate ease of doing business in the country.
May 21, 2015, 20:01 PM IST
'GDP to grow at 9% once structural issues addressed'
The Economic Survey had projected a growth of 8.1 to 8.5 percent in the current financial year.
May 20, 2015, 16:05 PM IST
Govt may do away with mandatory RBI approval for FDI
In a bid to attract more foreign investment, the government is looking at doing away with the mandatory approval of the Reserve Bank of India (RBI) which currently is needed after an investment proposal has been approved by the FIPB.
May 19, 2015, 18:32 PM IST
BJP never in favour of FDI in multi-brand retail: Arun Jaitley
Jaitley also evaded giving a direct reply to a question on what the government's response will be if a retailer was to submit an FDI proposal.
May 19, 2015, 13:02 PM IST
FIPB to consider Kotak Bank's FDI proposal on May 28
Inter-ministerial body FIPB will on May 28 take up Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent, along with 47 other FDI applications.
May 18, 2015, 22:17 PM IST
FDI up 40% in FY'14-15, hopeful on GST rollout: FM Jaitley
Finance Minister Arun Jaitley said on Thursday that foreign direct investment into India in 2014-15 had risen by 40 percent over the previous fiscal and hoped that the indirect tax reform that investors are looking to would happen by the next April deadline for the GST Bill.
May 14, 2015, 22:18 PM IST
FDI in India up 40% to Rs 1.76 lakh crore in 2014-15
Foreign direct investment in India grew by about 40 percent year-on-year to Rs 1.76 lakh crore in 2014-15, Finance Minister Arun Jaitley on Thursday said.
May 14, 2015, 19:40 PM IST
Govt retains 51% FDI in multi-brand retail
Government has retained the previous UPA regime's decision allowing foreign retailers to open multi-brand stores with 51 percent ownership, in its consolidated FDI policy released Tuesday, notwithstanding the political slugfest over the issue.
May 12, 2015, 23:37 PM IST
FIPB can recommend FDI proposals up to Rs 3,000 crore
With an aim to increase FDI inflows, the government Wednesday enhanced FIPB's powers to recommend foreign investment proposals of up to Rs 3,000 crore.
May 06, 2015, 22:22 PM IST
Resolve land acquisition, FDI issues to set up smart cities: US
The US Tuesday asked India to resolve land acquisition problems and address issues concerning foreign direct investment for attracting funds for smart city projects.
Apr 28, 2015, 18:25 PM IST
FDI soars 63% to $3.28 billion in February
Foreign direct investment (FDI) in India jumped about 63 percent to USD 3.28 billion (about Rs 20,820 crore) in February, 2015.
Apr 27, 2015, 20:56 PM IST
Global Investors Meet: TN expects Rs 1 lakh cr investment
The Tamil Nadu government Thursday said it hopes to attract an investment worth Rs 1,00,000 crore from the Global Investor's Meet, which has been rescheduled for September.
Apr 23, 2015, 19:23 PM IST
FDI in services sector up 47% during April-January
With government taking steps to improve the ease of doing business and attract foreign investments, FDI inflows into services sector grew by about 47 percent to USD 2.64 billion in April-January last fiscal.
Apr 14, 2015, 17:09 PM IST
