Page 20 - Latest Updates on FDI
Healthy FDI inflow confirms preferred investment status of India: CII
Healthy flow of FDI into the country corroborates India's status as a preferred investment destination among global investors, industry chamber CII said on Tuesday.
 "Healthy FDI inflow confirms preferred investment status of India: CII")
India attracts record FDI of $81 bn in FY21; Gujarat remains top recipient
Despite Covid shock, equity inflow grows 19%; Gujarat remains top recipient
 "India attracts record FDI of $81 bn in FY21; Gujarat remains top recipient")
US lawmakers welcome India's move to increase FDI in insurance to 74%
Two influential US lawmakers have applauded the Indian government's move to increase foreign direct investment in the insurance sector
 "US lawmakers welcome India's move to increase FDI in insurance to 74%")
Govt may hike pension sector FDI limit to 74%; Bill likely in next session
The government may hike foreign direct investment (FDI) limit in the pension sector to 74% and a Bill in this regard is expected to come in the next Parliament session
 "Govt may hike pension sector FDI limit to 74%; Bill likely in next session")
India's FDI equity inflow up 28% year-on-year in April-January period
Singapore is the top source of FDI in India, with 30.28% share of entire FDI equity inflow. US comes next, with 24.28% and UAE at 7.31%
 "India's FDI equity inflow up 28% year-on-year in April-January period")
FDI in insurance may shorten break-even period by 3 years: IIM Indore study
Currently, operating and commission expenses of private insurers are said to be thrice those of public counterparts. It is here that a hike in FDI limit will give the former a level-playing field
 "FDI in insurance may shorten break-even period by 3 years: IIM Indore study")
DPIIT meet: Foreign vs Indian war of words over e-commerce FDI policy
The industry has been asked to send inputs in writing within a week to the government for further consultation
 "DPIIT meet: Foreign vs Indian war of words over e-commerce FDI policy")
Bill to increase FDI limit in insurance sector gets Parliament's nod
The bill raises the limit to 74 per cent
 "Bill to increase FDI limit in insurance sector gets Parliament's nod")
Insurance Amendment Bill to raise FDI limit to 74% in Lok Sabha
FM Sitharaman said on Monday that raising the FDI limit was necessary to help insurers deal with issues concerning financial stress
 "Insurance Amendment Bill to raise FDI limit to 74% in Lok Sabha")
LIVE: Rajya Sabha passes bill to hike FDI in insurance sector to 74%
By raising the FDI limit to 74%, the current provision of control being vested with Indian companies had to be dropped. Stay tuned for Latest LIVE news
 "LIVE: Rajya Sabha passes bill to hike FDI in insurance sector to 74%")
Rajya Sabha passes bill to raise FDI limit in insurance sector to 74%
Majority of directors, key personnel will be resident Indians; percentage of profits to be retained in India, says FM Sitharaman on FDI safeguards
 "Rajya Sabha passes bill to raise FDI limit in insurance sector to 74%")
RS adjourned four times amid uproar over bill on raising FDI in insurance
The Congress and other Opposition parties Thursday forced adjournments of Rajya Sabha proceedings for four times during the post-lunch sitting
FDI policy in e-comm sector should be enforced in letter and spirit: CAIT
Domestic traders' body CAIT on Wednesday said the foreign direct investment policy in the e-commerce sector should be enforced in letter and spirit so that global players do not violate the rules.
 "FDI policy in e-comm sector should be enforced in letter and spirit: CAIT")
Govt has received complaints against e-comm firms for FDI violation: Goyal
Necessary actions have been taken for investigation by the Enforcement Directorate, Parliament was informed
 "Govt has received complaints against e-comm firms for FDI violation: Goyal")
DPIIT to meet trade unions, industry groups on FDI in e-commerce
Officials are likely to meet over a dozen e-commerce companies
 "DPIIT to meet trade unions, industry groups on FDI in e-commerce")
Draft e-commerce policy: Investments by large players may take a hit
Currently, online retailers such as Amazon and Flipkart are the dominant players in this space, capturing around two-thirds of the market share, experts said
 "Draft e-commerce policy: Investments by large players may take a hit")
DPIIT to hold meetings with industry, trader bodies on FDI in ecommerce
DPIIT will hold a host of meetings with industry and trader associations this month on issues pertaining to foreign direct investment in the e-commerce sector, an official said.
 "DPIIT to hold meetings with industry, trader bodies on FDI in ecommerce")
Cabinet approves amendment to Insurance Act, paving way for 74% FDI limit
The increase of the FDI limit will provide insurance companies with committed funds to improve the penetration of insurance in the country, says an industry executive
FDI hike in insurance sector likely to see mixed response, say experts
No fresh capital will come in, unless the foreign partner decides to infuse funds after raising its stake.
 "FDI hike in insurance sector likely to see mixed response, say experts")
India's FDI inflow in April-Dec 2020 surges 22% to $67.5 billion
It is the highest ever inflow for the first nine months of a financial year