Page 17 - Latest Updates on FDI
India continues to remain highest receiver of FDI: FM in Lok Sabha
"We in the House should should stand up and appreciate the Indian retailer who has invested a lot of confidence in the markets today in India," the FM said
 "India continues to remain highest receiver of FDI: FM in Lok Sabha")
India got 65% more FDI during Modi regime against 10 years of UPA rule: FM
India remains in top 5 FDI recipient countries; FDI inflows 65% higher at $500.5 bn during Modi govt, says FM in Rajya Sabha
 "India got 65% more FDI during Modi regime against 10 years of UPA rule: FM")
Rs 3,343 crore received as FDI in defence sector since 2014: Govt
To a separate question, Minister of State for Defence Ajay Bhatt said the "term 'Matryr' is not used in Indian Armed Forces"
 "Rs 3,343 crore received as FDI in defence sector since 2014: Govt")
FPI outflow shoots past Rs 1 trn in 2022 amid Ukraine, inflation concerns
The exodus of foreign investors was largely owing to inflationary pressures and deepening global macroeconomic conditions following the Russia-Ukraine war, experts said
 "FPI outflow shoots past Rs 1 trn in 2022 amid Ukraine, inflation concerns")
Multinational e-commerce players violating FDI rules, alleges CAIT
Few multinational e-commerce entities with heavy arsenal of funding operating in India have attempted to flout the FDI norms, said CAIT.
 "Multinational e-commerce players violating FDI rules, alleges CAIT")
Govt widens meaning of real estate business under FDI policy
It added that earning of rent/income on lease of a property, not amounting to transfer, will not amount to real estate business
 "Govt widens meaning of real estate business under FDI policy")
Maharashtra saw drop in FDI inflow in 2021-22; Karnataka emerged on top
The FDI inflow in the state from April 2000 to September 2021 was Rs 9,59,746 crore, which was 28.2 per cent of the total FDI inflow of the country, the survey stated
 "Maharashtra saw drop in FDI inflow in 2021-22; Karnataka emerged on top")
India looking for mass EV technology to build in India, says Gadkari
India is looking for a electricity-based technology for mass rapid transportation that is cost effective and such as can be made in the country, Gadkari has said.
 "India looking for mass EV technology to build in India, says Gadkari")
FDI in IPO-bound LIC likely to open up fresh scope for disinvestment
NHAI & AAI, which are not registered as companies, also likely to benefit
 "FDI in IPO-bound LIC likely to open up fresh scope for disinvestment")
Cabinet allows up to 20% FDI in IPO-bound LIC under automatic route
The existing FDI policy did not prescribe any specific provision for foreign investment in LIC, which is a statutory corporation established under LIC Act, 1956
 "Cabinet allows up to 20% FDI in IPO-bound LIC under automatic route")
Cabinet allows up to 20% FDI in IPO-bound LIC under automatic route: Report
The initial public offering of over 316 million shares or 5% government stake is likely to hit D-street in March
FDI equity inflows dip 16% during Apr-Dec 2021 to $43.17 bn: Data
FDI equity inflows into India contracted by 16 per cent to $43.17 billion during the April-December 2021 period, according to data
 "FDI equity inflows dip 16% during Apr-Dec 2021 to $43.17 bn: Data")
Govt to review, simplify FDI policy to facilitate LIC IPO: DPIIT secy
LIC IPO: Currently, FDI of 74% is permitted in most Indian insurers. However, the rules don't apply to LIC as it is a special entity created by an act of parliament
 "Govt to review, simplify FDI policy to facilitate LIC IPO: DPIIT secy")
India received total FDI of $54.1 bn during April-Nov 2021-22
Total FDI comprises equity inflows, reinvested earnings and other capital
Government plans to open FDI in space sector: Jitendra Singh
In a written reply to a question in the Lok Sabha, Singh said that there are many more startups registered under other categories are also involved in the space domain
 "Government plans to open FDI in space sector: Jitendra Singh")
Union Budget 2022: Approval on FDI policy tweak to facilitate LIC IPO
The industry department will soon seek the approval of the Union cabinet regarding the same
DPIIT to soon approach Cabinet on FDI proposal for LIC: Secretary
DPIIT will soon approach the Cabinet to seek its approval on changes in the FDI policy to facilitate disinvestment of the country's largest insurer LIC, a top government official said on Wednesday.
Eco Survey: Gross FDI inflows moderated to $54.1 bn during Apr-Nov 2021
Net foreign direct investment recorded a lower inflow of USD 24.7 billion and the gross FDI moderated to USD 54.1 billion in April-November 2021 due to sluggish equity investment, the Eco Survey said
 "Eco Survey: Gross FDI inflows moderated to $54.1 bn during Apr-Nov 2021")
Eco Survey 20-21: Foreign direct investment in pharma sees 'sudden spurt'
The increase in foreign investment in the pharma sector in 2020-21 is mainly on account of investments to meet Covid-19-related demands for therapeutics and vaccines, according to the Economic Survey
 "Eco Survey 20-21: Foreign direct investment in pharma sees 'sudden spurt'")
India's great wall for Chinese investors, after 2020 Ladakh conflict
How the government bled China-based FDI after the Ladakh conflict
 "India's great wall for Chinese investors, after 2020 Ladakh conflict")