After being relegated to the second spot in the previous two fiscal years, China again became India's biggest trading partner in the first nine months of FY21. Read top stories with Business Standard
Foreign direct investment in Pakistan has seen a 27 per cent decline in the first seven months of the current fiscal, owing mainly to the fall in investment from its close ally China, a media report said on Tuesday.
While on one hand the Budget proposed to increase the FDI limit in the sector to 74 per cent, it also proposed to levy capital gains tax on ULIPs rendering insurance an unattractive investment option
The government is considering to come out with certain clarifications to ensure that the e-commerce sector works in the "true spirit" of the law and rules
Replying to a separate question on gold imports, Minister of State for Commerce and Industry Hardeep Singh Puri said India has imported 306.55 tonnes of the yellow metal during April-December 2020
FDI in the insurance sector is very realistic, says Samir Arora
In this Podcast, we discussed how the Budget will impact finances of senior citizens, non resident Indians, salaried people and the changes in taxation on Ulips and ease of ITR
Goyal on Monday said that hiking foreign direct investment (FDI) limit to 74 per cent in the insurance sector will open up a large source of fresh funding for the sector
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This was the best Budget-day gain for the markets since 1997, analysts said
The country's investment promotion agency, Invest India, expects the insurance market to be worth around $250 billion by 2025
The government on Monday proposed to increase foreign direct investment limit in the insurance sector to 74%, a move aimed at attracting overseas players.
Says India to soon supply two vaccines to the world, many more will come, going forward
FDI is a major driver of economic growth and an important source of non-debt finance for the economic development of India
In November 2020, the total outward foreign direct investment (OFDI) was of $1.06 billion, down by 27 per cent from a month ago period
Existing rules include a three year lock-in period before exiting
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Foreign Direct Investment into India rose by 13% in 2020, boosted by interest in the digital sector, and while fund flows "declined most strongly" in major economies, the UN has said
In 2019, the United States had received $251 billion in inflows and China received $140 billion
Amazon and Flipkart can't directly acquire assets under FDI rules, so they are doing smaller strategic stake deals with offline retailers, hoping to acquire offline assets when rules change