Page-7 of FDI
India crosses $300 billion milestone
India has received over US $300 billion US Foreign Direct Investment (FDI) milestone between April 2000 and September 2016. The cumulative FDI inflows during the period amounted to US $310.26 billion. With this, India firmly established its credentials as a ..
Month: Current Affairs - December, 2016
Union Cabinet approves liberalization of FDI norms for NBFCs
The Union Cabinet has approved liberalization of foreign investment norms for the non-banking finance companies (NBFCs) to improve the ease of doing business. Decision in this regard, Union Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi. Cabinet ..
Month: Current Affairs - August, 2016
Union Cabinet increases limit for foreign investment in Stock Exchanges from 5% to 15%
The Union Cabinet has given its approval for raising foreign shareholding limit from current 5% to 15% in Indian Stock Exchanges. The decision brings the investment limit of foreign entities at par with that of domestic institutions. This enhanced limit ..
Month: Current Affairs - July, 2016
India ranks 10th in FDI inflows: UNCTAD report
As per the recently released 2016 World Investment Report, India ranks 10th in FDI (Foreign Direct Investment) inflows. As per the report, India’s FDI inflows have increased to 44 billion dollars in 2015 as compared to 35 billion dollars in ..
Month: Current Affairs - June, 2016
Union Government approves 100% FDI in Aviation, Defence and e-commerce sectors
The Union Government has eased foreign direct investment (FDI) norms for nine sectors to give impetus to job creation and ease of doing business in the country. Decision in this regard was taken at a high-level meeting chaired by Prime ..
Month: Current Affairs - June, 2016
India replaces China as top FDI destination in 2015: FDI Intelligence Report
According to FDI Intelligence Report India has replaced China as the top Foreign Direct Investment (FDI) destination by attracting $63 billion worth FDI projects in 2015. FDI Intelligence is a division of international media company – The Financial Times Limited. ..
Month: Current Affairs - April, 2016
DIPP notifies 49% FDI under automatic route in Insurance and Pension sector
The Union Commerce and Industry Ministry has notified foreign direct investment (FDI) upto 49% in insurance and pension sector will be under automatic route. In this regard, Department of Industrial Policy and Promotion (DIPP) has issued official notification to liberalise ..
Month: Current Affairs - March, 2016
Singapore replaces Mauritius as top source of FDI into India
Singapore has replaced Mauritius as the top source of foreign direct investment (FDI) into India during the first half of the current fiscal year 2015-16. It was unveiled by the data during April to September 2015 period released by the ..
Month: Current Affairs - December, 2015
Indian Railways ink Rs 40000 cr deal of locomotive plants with GE, Alstom in Bihar
Indian Railways has signed 40,000 crore rupees contracts with General Electrics (GE) and Alstom to set up two locomotive plants in Bihar. Under this deal, first venture the electric locomotive factory would be set up at Madhepura city and diesel ..
Month: Current Affairs - December, 2015
Union Cabinet allows 100 per cent FDI under automatic route for white label ATMs
The Union Cabinet has allowed 100 per cent foreign direct investment (FDI) under the automatic route for white label ATM operations (WLAO). Decision in this regard was taken in Union Cabinet meeting chaired by Prime Minister Narendra Modi in New ..