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foreign direct investment

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India plans space sector boost in global market

The department of space is also finalising new policies on satellite-based communication and remote sensing to aid penetration of the industry in the space applications domain
Indian Space Research Organisation chairman Dr Sivan said India will soon allow overseas companies to invest in the space sector with a revised foreign direct investment (FDI) policy. (File photo)
Indian Space Research Organisation chairman Dr Sivan said India will soon allow overseas companies to invest in the space sector with a revised foreign direct investment (FDI) policy. (File photo)
Updated on Sep 14, 2021 04:55 AM IST
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By Anonna Dutt, Hindustan Times, New Delhi

FDI inflow grows by 168% in April-June quarter, automobile emerges as top sector

Karnataka is the top FDI recipient in investment in the automobile sector, with 48 per cent share of the amount going there, the government said in a statement. It was followed by Maharashtra (23 per cent) and Delhi (11 per cent), it added.
Last month, commerce and industries minister Piyush Goyal said that India received highest ever FDI in the Covid-impacted 2020.(Bloomberg File Photo)
Last month, commerce and industries minister Piyush Goyal said that India received highest ever FDI in the Covid-impacted 2020.(Bloomberg File Photo)
Published on Aug 28, 2021 05:09 PM IST
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By hindustantimes.com | Written by Amit Chaturvedi, Hindustan Times, New Delhi

India recorded highest ever FDI inflow of over $81 billion in FY21

The boost in FDI inflow in FY21 comes in the backdrop of a series of policy steps taken to improve ease of doing business and to attract investments into domestic manufacturing capacity and an ambitious infrastructure project pipeline.
In the year before, India had attracted $74.39 billion in FDI, said the statement from the commerce and industry ministry.(File photo)
In the year before, India had attracted $74.39 billion in FDI, said the statement from the commerce and industry ministry.(File photo)
Published on May 25, 2021 12:55 AM IST
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By Gireesh Chandra Prasad, New Delhi

Rajya Sabha clears bill to hike FDI in insurance to 74%

  • The Upper House cleared the Bill by a voice vote after finance minister Nirmala Sitharaman responded to queries raised by protesting Opposition party members.
Nirmala Sitharaman assured that the goal was to further the process of economic reforms and that the decision to increase foreign investment ceiling was taken after consultations
Nirmala Sitharaman assured that the goal was to further the process of economic reforms and that the decision to increase foreign investment ceiling was taken after consultations
Updated on Mar 19, 2021 06:16 AM IST
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By Gireesh Chandra Prasad, New Delhi

RBI: India Inc's overseas direct investment falls by 31% to USD 1.85 billion

Domestic companies made investments of USD 2.66 billion in their overseas subsidiaries and joint-ventures in the year-ago month, February 2020.
Of the total investment made by Indian companies in foreign markets, USD 1.36 billion was in the form of loan; USD 297.37 million comprised as equity investment and the rest of USD 183.82 million was by way of issuance of guarantee, according to the RBI data on outward foreign direct investment (OFDI) - February 2021.(REUTERS)
Of the total investment made by Indian companies in foreign markets, USD 1.36 billion was in the form of loan; USD 297.37 million comprised as equity investment and the rest of USD 183.82 million was by way of issuance of guarantee, according to the RBI data on outward foreign direct investment (OFDI) - February 2021.(REUTERS)
Published on Mar 07, 2021 06:27 PM IST
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PTI | , Mumbai

FDI hike will boost insurance sector

Proposal likely to help local private insurers grow fast and expand presence in India.
Insurance penetration in India is currently at 3.7% of gross domestic product (GDP) compared to the world average of 6.31%.(Getty Images)
Insurance penetration in India is currently at 3.7% of gross domestic product (GDP) compared to the world average of 6.31%.(Getty Images)
Published on Feb 02, 2021 04:42 AM IST
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Livemint | , Mumbai

New textile policy likely to be focussed on boosting domestic industry

Officials said seven mega textile hubs are expected to be set up across the country as per the policy
Representational photo.(REUTERS)
Representational photo.(REUTERS)
Published on Dec 23, 2020 09:21 AM IST
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Hindustan Times, New Delhi | By Deeksha Bhardwaj

Over 1,600 Indian firms received $1bn FDI from China during April 2016-March 2020

Over 1,600 companies received $1,020.25 million ($1.02 billion) Foreign Direct Investment (FDI) equity inflows from China for the April 2016 to March 2020 period, as per the data.
Minister of state for corporate affairs Anurag Singh Thakur provided the relevant data for the April 2016 to March 2020 period along with the written reply.(Arvind Yadav/HT Photo)
Minister of state for corporate affairs Anurag Singh Thakur provided the relevant data for the April 2016 to March 2020 period along with the written reply.(Arvind Yadav/HT Photo)
Published on Sep 15, 2020 06:07 PM IST
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New Delhi | By Press Trust of India | Posted by Kanishka Sarkar

Govt tweaks FDI rules to shield domestic firms. Thank you, tweets Rahul Gandhi

The Department for Promotion of Industry and Internal Trade said the government has reviewed the Foreign Direct Investment (FDI) policy to curb “opportunistic takeovers/acquisitions” of Indian companies due to the current Covid-19 pandemic.
The decision is likely to impact foreign investments, particularly from China which pumped in $2.34 billion in FDI between April 2000 and December 2019.(Bloomberg file photo)
The decision is likely to impact foreign investments, particularly from China which pumped in $2.34 billion in FDI between April 2000 and December 2019.(Bloomberg file photo)
Updated on Apr 18, 2020 09:34 PM IST
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Hindustan Times, New Delhi | By HT Correspondent

E-commerce: The threat of counterfeits and piracy | Opinion

They distort the marketplace, lead to revenue loss, and undermine consumer safety. A robust policy is needed
One of the greatest difficulties in tackling content theft and piracy is the jurisdictional challenge. While laws have national boundaries, piracy is a global beast(Getty Images/iStockphoto)
One of the greatest difficulties in tackling content theft and piracy is the jurisdictional challenge. While laws have national boundaries, piracy is a global beast(Getty Images/iStockphoto)
Published on Feb 09, 2020 06:41 PM IST
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By Narendra Sabharwal

Trade, welfare of farmers on RSS wish list

The RSS is the ideological parent of the Bharatiya Janata Party that has stormed back to power by winning 353 seats along with its allies in the Lok Sabha polls
The RSS wings such as the Swadeshi Jagran Manch (SJM), the Bharatiya Mazdoor Sangh (BMS) and the Bharatiya Kisan Sangh (BKS) had been critical of the National Democratic government during its last tenure over key policy issues(HTPhotos)
The RSS wings such as the Swadeshi Jagran Manch (SJM), the Bharatiya Mazdoor Sangh (BMS) and the Bharatiya Kisan Sangh (BKS) had been critical of the National Democratic government during its last tenure over key policy issues(HTPhotos)
Published on May 29, 2019 07:19 AM IST
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Hindustan Times, New Delhi | By Smriti Kak Ramachandran

Private investment in infrastructure must go up

The BJP has promised to spend Rs 100 lakh crore on infra. Funds can flow from banks, markets and external sources.
In addition to financial sector reforms, funding infrastructure through private sector participation needs reforms in the contracting mechanism.(AFP)
In addition to financial sector reforms, funding infrastructure through private sector participation needs reforms in the contracting mechanism.(AFP)
Updated on Apr 12, 2019 09:59 AM IST
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By Ila Patnaik

Why the debate on e-commerce must move beyond FDI rules

Policymakers must recognise that the current approach of extending competition law to the virtual marketplace does not suffice. The real problem is that this sector (just like others) is being restructured through the emergence of new business models that rely on monopoly control over data-based digital intelligence to optimise value
The future is about convergence of online and offline sectors, which is projected to touch Rs 85 trillion by 2021(Abhijit Bhatlekar/MINT)
The future is about convergence of online and offline sectors, which is projected to touch Rs 85 trillion by 2021(Abhijit Bhatlekar/MINT)
Published on Jan 06, 2019 04:43 PM IST
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By Anita Gurumurthy and Nandini Chami

RSS affiliate seeks cap on royalty, fee paid to MNCs

The affiliate has urged to impose caps in a bid to arrest the slide in the Indian rupee.
For the first time since October 1, the value of the Rupee went below 73 against US dollar on November 2.(PTI)
For the first time since October 1, the value of the Rupee went below 73 against US dollar on November 2.(PTI)
Updated on Nov 03, 2018 11:10 PM IST
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Hindustan Times, | By HT Correspondent

Karti Chidambaram controlled firm that got Rs 26 lakh funds in Aircel-Maxis deal: ED

Enforcement Directorate said in its charge sheet that Karti Chidambaram also “arranged the funds for setting up” the company.
Karti Chidambaram, son of former Union finance minister P Chidambaram, coming out after a hearing at Patiala House Court in New Delhi on March 12, 2018.(Sushil Kumar/HT File Photo)
Karti Chidambaram, son of former Union finance minister P Chidambaram, coming out after a hearing at Patiala House Court in New Delhi on March 12, 2018.(Sushil Kumar/HT File Photo)
Updated on Jun 13, 2018 08:07 PM IST
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Press Trust of India, New Delhi | By Press Trust of India

PM Modi throws open DefExpo, runs into Cauvery protests

The Prime Minister said his government has taken steps to strengthen and improve manufacturing licenses, exports clearances, Foreign Direct Investment and reforming procurement.
Prime Minister Narendra Modi addresses the 10th edition of India’s Mega Defence Exhibition — DefExpo 2018 at Tiruvidandhai, on the outskirts of Chennai, Tamil Nadu, on Thursday.(PTI Photo)
Prime Minister Narendra Modi addresses the 10th edition of India’s Mega Defence Exhibition — DefExpo 2018 at Tiruvidandhai, on the outskirts of Chennai, Tamil Nadu, on Thursday.(PTI Photo)
Updated on Apr 12, 2018 11:41 PM IST
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Rahul Singh and KV Lakshmana, Chennai | By HT Correspondent
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