Page 31 - Latest Updates on FDI
Ministries get 60 days to decide on FDI plans
The Cabinet had last month approved the abolition of FIPB
 "Ministries get 60 days to decide on FDI plans")
Ministries to decide on FDI proposals within 60 days: FinMin
India had last month scrapped the 25-year old foreign investment advisory body FIPB
 "Ministries to decide on FDI proposals within 60 days: FinMin")
FDI in services sector up 26% to $8.68 bn in FY17
Increasing foreign inflows in the services sector contributes over 60 per cent to India's GDP
 "FDI in services sector up 26% to $8.68 bn in FY17")
Next wave of liberalisation in FDI on the cards
Matter may be taken up at the next Cabinet meeting after Modi returns from his four-nation trip
India still most popular FDI destination; clinched $62.3 bn in 2016: Report
FDI by capital investment increased by 2% to $62.3 bn in 809 projects during 2016 in India
Govt to ease FDI in print media, construction, retail
Commerce and industry ministry may soon approach Union Cabinet to get final approval on proposals
Retain FDI limit at 49% in cash management service: CAPSI
Cash management service providers resist 100 percent FDI in cash and ATM management companies
FDI inflow momentum may slow this year: HSBC
FDI inflows doubled to USD 46 billion in 2016 from $22 billion in 2013
More FDI reforms to be rolled out over next year: DIPP secretary
Government is working on a set of reforms across sectors, says DIPP Secretary Ramesh Abhishek
 "More FDI reforms to be rolled out over next year: DIPP secretary")
Provide enabling framework to attract FDI: PMO to departments
Directions were issued at a high-level meeting of senior officials called by the PMO
India jumps to eigth spot on Global FDI Confidence Index
Jump was mainly because of GST reform
India companies FDI jumps two-fold to $3 billion in March
Indian firms had made investments of $1.42 billion in their overseas joint-ventures in March 2016
Cash, ATM management firms may get 100% FDI approval from govt
They are not required to comply with the PSARA; home ministry likely to clarify shortly
At least $10 bn of FDI waiting for right signals, says Harsimrat Kaur Badal
Funds to come if 'food plus' is allowed
 "At least $10 bn of FDI waiting for right signals, says Harsimrat Kaur Badal")
FDI buoyancy missing in capex of listed MNCs
MNCs have cut back on fresh investment despite a sharp improvement in their profitability
 "FDI buoyancy missing in capex of listed MNCs")
No FDI in defence, ports, coal in Apr-Dec period: Govt
During nine-month period of 2016-17, India attracted a total of $35.84 billion in foreign inflows
FDI cap tweak in print media in the works
This can mean companies like Apple, Zara can sell in India through wholly-owned subsidiaries
 "FDI cap tweak in print media in the works")
Govt is working on 'appropriate policies' for 100% FDI in airline
MoS Jayant Sinha said that Ministry has not yet received any formal application from any airline
FDI in services sector up 77.6% in 9 mths of FY'17
Sector contributes over 60% to India's GDP and accounts for 17% of total foreign investment inflows
 "FDI in services sector up 77.6% in 9 mths of FY'17")
FDI policy easing in select sectors in the works
FDI inflows into India firmed up by 22 per cent to $35.85 billion during April-December 2016