Tag: FDI
Cabinet Approves 100% FDI In Retail, Construction
In major changes liberalising foreign direct investment in key sectors, the Union Cabinet on Wednesday approved 100 per cent foreign investment in single brand retail trading (SBRT) and construction development and decided to open up Air India for FDI up to 49 per cent.....
Cabinet Nod For Rs 24,000 Cr FDI In HDFC Bank
The Cabinet on Wednesday approved Rs 24,000 crore foreign direct investment (FDI) into HDFC Bank, Finance Minister Piyush Goyal said here.....
Cabinet May Relax FDI In Retail, Okay Ordinance To Roll Back FPI Surcharge
The Union cabinet in its meeting on Wednesday would take up proposals to relax foreign direct investment (FDI) in various sectors, including single brand retail and digital media, as announced by Finance Minister Nirmala Sitharaman in her maiden Budget last month.....
It Was 'andolanjeevis' Who Helped India Break Free Of Colonial Rule: Farmers' Body
As the protests over the new farm laws entered the 76th day, Prime Minister Narendra Modi on Monday addressed the issue in the Rajya Sabha. The word 'andolanjeevi' (professional protesters), used by the PM, has come in for sharp criticism from the Samyukta Kisan Morcha (SKM), for allegedly being derogatory to farmers. ....
Amid Global Distress, Modi Hardsells India For Investment
Pitching India as a predictable, stable and transparent investment destination amid global uncertainty and flux, Prime Minister Narendra Modi on Tuesday cautioned against the dangers of protectionism, rise in tariff and non-tariff barriers impeding global commerce and called for agile and flexible policies to match changing times. ....
GST Established India Among Major Global Economic Markets: Modi
The introduction of Goods and Services Tax (GST) has established India as one of the major economic markets in the world by removing uncertainties in the countrys tax system, Prime Minister Narendra Modi said here on Friday.....
Fundamentals Of Economy Strong, Govt Proactive For Growth: PM
Unfazed by the lower growth numbers, Prime Minister Narendra Modi has said the fundamentals of the Indian economy are strong, policies are clear and FDI figures are in the upswing having touched of $48 billion last year, posting a growth of 16 per cent.....
Foreign Stake In HDFC Bank Crosses 74% Limit Again: RBI
Private sector HDFC Bank has again crossed the foreign investment limit prescribed as a percentage of paid-up capital for Indian companies, the Reserve Bank of India (RBI) said on Friday....
Demonetisation Improved India's Economic Landscape: Jayant Sinha
Minister of State for Civil Aviation Jayant Sinha on Monday said the government's demonetisation decision has led to a dramatic improvement in India's economic landscape. ....
Facebook Buying 9.99% Stake In Reliance Jio For Rs 43,574 Cr, Largest FDI In India's Tech Sector
It's official. Social media and tech giant Facebook is pouring in Rs 43,574 crore for a 9.99 per cent stake in India's oil-retail-telecom conglomerate Reliance Industries Limited (RIL) led Jio Platforms -- the largest investment for a minority stake by a technology company anywhere in the world and the largest FDI in the Indian tech sector, according to an RIL statement on Wednesday.....
