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Decline in foreign inflows could put pressure on the country’s balance of payments and may also impact the value of the rupee.(Dhiraj Singh/Bloomberg)

Foreign direct investment in India hits 5-year low in 2017-18

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON JUL 01, 2018 02:55 PM IST
According to the latest data of the Department of Industrial Policy and Promotion (DIPP), FDI in 2017-18 grew by only 3% to $44.85 billion.
FDI inflows stood at $60 billion in the 2016-17 fiscal.(Dhiraj Singh/Bloomberg)
FDI inflows stood at $60 billion in the 2016-17 fiscal.(Dhiraj Singh/Bloomberg)

FDI in India rises $1.96 billion in 2017-18: Govt

Press Trust of India, New Delhi | By Press Trust of India
PUBLISHED ON JUN 08, 2018 01:21 PM IST
FDI in India for fiscal year 2017-18 stood at $61.96 billion, $1.96 billion more than the $60 billion last fiscal.
AirAsia Group CEO, Tony Fernandes.(AFP Photo)
AirAsia Group CEO, Tony Fernandes.(AFP Photo)

How a comma in India’s FDI policy let AirAsia fly

Livemint | By Asit Ranjan Mishra
UPDATED ON JUN 01, 2018 11:50 AM IST
On Tuesday, CBI raided the offices of AirAsia India and filed a complaint against Tony Fernandes, the CEO of the Malaysian parent, for allegedly lobbying the government for overseas flight permits and violating rules.
The open question is why FDI performed so well under a government, which according to the orthodox narrative was socialist in its mindset and did not pursue economic reforms whereas it has languished somewhat under a successor government widely touted as pro-business and reform minded(Bloomberg)
The open question is why FDI performed so well under a government, which according to the orthodox narrative was socialist in its mindset and did not pursue economic reforms whereas it has languished somewhat under a successor government widely touted as pro-business and reform minded(Bloomberg)

The PM is talking up India as an investment destination. But where’s the money?

By Rupa Subramanya
UPDATED ON MAY 26, 2018 05:51 PM IST
FDI’s share of GDP was steadily rising under the UPA till it reached its peak and began tapering off as the economy began to sputter. It is true that FDI share of GDP has improved since the Modi government came to power but it is nowhere near the rate achieved under the UPA at its peak. Indeed, FDI’s share of GDP actually dipped in 2016-2017, the last fiscal year for which we have full year data.
Idea and Vodafone are separately paying rental for 6,300 mobile sites which will be synced for merged entity within two years.(Reuters File Photo)
Idea and Vodafone are separately paying rental for 6,300 mobile sites which will be synced for merged entity within two years.(Reuters File Photo)

DoT awaits FDI clearance for Idea to approve merger with Vodafone

Press Trust of India, New Delhi | By Press Trust of India
PUBLISHED ON APR 15, 2018 01:21 PM IST
The merged Idea-Vodafone entity will have highest subscriber base of 41 crore accounting for over 35 per cent market share and second largest spectrum holding of 1,850 megahertz in the country.
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