Page 13 - Latest Updates on FDI
OECD urges India to pare govt ownership in banks, insurance companies
OECD advised the government to further increase the share of renewable energy by facilitating long-term investment in clean energy development projects
 "OECD urges India to pare govt ownership in banks, insurance companies")
Equity FDI into India declines sharply to $5.7 bn in April-July period
The net FDI, inflows minus outflows, declined from $17.28 billion in April-July 2022 to $5.70 billion in April-July 2023 on account of moderating gross FDI and a rise in repatriation
 "Equity FDI into India declines sharply to $5.7 bn in April-July period")
Challenges galore for Foxconn's ambitious expansion plans in India
Firm expects the electronic manufacturing services market to boom
 "Challenges galore for Foxconn's ambitious expansion plans in India")
India's outward FDI down 33.3% in August on grim global prospects
After declining for two months, outward FDI had increased sequentially to $1.8 billion in July 2023 compared to $1.07 billion in June, marking a rise of 73 per cent
 "India's outward FDI down 33.3% in August on grim global prospects")
India's outward FDI falls 33% sequentially to $1.2 bn in Aug: RBI data
Debt commitment falls to $269.3 mn in August from $607.5 mn in July
 "India's outward FDI falls 33% sequentially to $1.2 bn in Aug: RBI data")
Cabinet approves foreign investment of up to Rs 9,589 cr in pharma company
The FDI has been approved by way of the transfer of shares from existing shareholders and public shareholders through a mandatory Open Offer
 "Cabinet approves foreign investment of up to Rs 9,589 cr in pharma company")
Cabinet approves Rs 9,589 cr FDI in Suven Pharma by Cyprus bases firm
The government on Wednesday approved a foreign investment of up to Rs 9,589 crore in Suven Pharmaceuticals by Cyprus-based Berhyanda Ltd
 "Cabinet approves Rs 9,589 cr FDI in Suven Pharma by Cyprus bases firm")
Looking at further easing FDI norms in space sector: DPIIT secretary
Presently FDI in space sector is allowed up to 100 per cent in the area of satellites establishment and operations through government route only
Top headlines: Pharma likely to take 5-6% price hikes, FDI outflow soars
Business Standard brings the top headlines at this hour
 "Top headlines: Pharma likely to take 5-6% price hikes, FDI outflow soars")
India's FDI outflow rises 73% to $1.85 billion in July over June: RBI data
The debt commitment rose to $ 605 million in July 2023 from $ 255 million in June
 "India's FDI outflow rises 73% to $1.85 billion in July over June: RBI data")
Maharashtra tops in attracting FDI in 1st quarter of current FY: Fadnavis
Maharashtra's FDI is more than the cumulative sum of FDI in Delhi, Karnataka and Telangana which rank second, third and fourth, respectively, he said
 "Maharashtra tops in attracting FDI in 1st quarter of current FY: Fadnavis")
Maharashtra tops in attracting FDI in first quarter of current FY: Fadnavis
"When the Uddhav Thackeray government was in power, Gujarat took top spot in the first year and Karnataka in the second year," he said
FDI equity flows into India declined 34% to $10.94 bn in April-June 2023
Inflows dipped in segments including computer hardware and software, trading, automobile and pharma
 "FDI equity flows into India declined 34% to $10.94 bn in April-June 2023")
India has moved from red tape to red carpet in last 9 yrs: PM Modi at G20
Prime Minister Narendra Modi on Thursday said India has moved from "red tape" to "red carpet" and has enabled unfettered Foreign Direct Investment (FDI) inflows in the last nine years
 "India has moved from red tape to red carpet in last 9 yrs: PM Modi at G20")
Trillion-dollar economy target: Policy in the works to boost FDI in UP
The state now plans to organise a groundbreaking ceremony to kick-start the first tranche of projects from GIS 2023, which will include a range of FDI projects
FDI moderates to $ 12.2 billion in Apr-May 2023: RBI monthly bulletin
Gross FDI had moderated from $ 84.8 billion in Fy22 to $ 71.4 billion in Fy23
 "FDI moderates to $ 12.2 billion in Apr-May 2023: RBI monthly bulletin")
Top headlines: India's outward FDI shrinks, HCL Tech to acquire ASAP group
Business Standard brings you the top headlines at this hour
 "Top headlines: India's outward FDI shrinks, HCL Tech to acquire ASAP group")
FDI inflows into India rise 10%, outflows shrink 16% in 2022: Unctad
Amid declining trends in global FDI, India stayed at eighth position in terms of FDI inflows, the latest World Investment Report by the Unctad said
 "FDI inflows into India rise 10%, outflows shrink 16% in 2022: Unctad")
India should aim for 10% 6G patents by 2030, says Ashwini Vaishnaw
"In last 9 years between 2014 and 2023, FDI in telecom has reached $24 billion," he added
 "India should aim for 10% 6G patents by 2030, says Ashwini Vaishnaw")
India appears to be 'silver lining' amid global challenges: HUL Chairman
It is emerging steadily from the shadows of being a poor nation, and taking 'centre stage'
 "India appears to be 'silver lining' amid global challenges: HUL Chairman")