Page 9 - Latest Updates on FDI
New electric vehicle scheme links lower import duty with FDI
EVs attract a BCD of 100 per cent for those priced above $40,000 per unit and 70 per cent BCD for those priced at $40,000 or less
 "New electric vehicle scheme links lower import duty with FDI")
Insurance sector received Rs 54,000 crore FDI in 9 years, says DFS Secy
The government increased the permissible FDI limit from 26 per cent in 2014 to 49 per cent in 2015 and then to 74 per cent in 2021, he told PTI in an interview
 "Insurance sector received Rs 54,000 crore FDI in 9 years, says DFS Secy")
India's outward FDI rises to $3.47 billion in February, shows RBI data
Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans, and guarantees
 "India's outward FDI rises to $3.47 billion in February, shows RBI data")
16 years, 21 rounds of talks: India-EFTA free trade agreement a reality
For promised FDI, India's nominal GDP must grow 9.5% in $ terms over 15 yrs
 "16 years, 21 rounds of talks: India-EFTA free trade agreement a reality")
'Launch vehicles are like ICBMs': New space FDI norms keep security in mind
The amended FDI norms in the space sector strike a fine balance between the funding needs of India's spacetech startups and the country's security
 "'Launch vehicles are like ICBMs': New space FDI norms keep security in mind")
FDI inflows shrink by 21% to $41.31 billion in 2023, shows DPIIT data
The sustained contraction in investment inflows comes against the backdrop of uncertainties and challenges in the global economy
 "FDI inflows shrink by 21% to $41.31 billion in 2023, shows DPIIT data")
Roll-out of PM MITRA to help attract large investments in textiles: Experts
The valuation of the Indian textiles market is estimated at Rs 12 trillion
 "Roll-out of PM MITRA to help attract large investments in textiles: Experts")
FDI inflows decline 13% to $32 billion in Apr-Dec 2023, shows data
FDI inflows stood at $36.74 billion during the corresponding nine months of the preceding fiscal
 "FDI inflows decline 13% to $32 billion in Apr-Dec 2023, shows data")
TMS Ep638: Paint industry, FDI in space sector, markets, Bitcoin halving
What's attracting big players to paint industry? Can liberalised FDI make India a space superpower? Will Bitcoin extend its rally post the halving event? How does Bitcoin halving work? Answers here
 "TMS Ep638: Paint industry, FDI in space sector, markets, Bitcoin halving")
India's space industry over the moon after Centre eases FDI norms
Move will attract investments worth $5 billion in five years, say industry experts
 "India's space industry over the moon after Centre eases FDI norms")
India amends policy, allows 100% FDI in manufacture of satellite components
74% FDI has been permitted for satellite manufacturing and operation, satellite data products, and ground segments and user segments
Govt eases FDI norms in space sector; 100% in satellites components
The satellite sub-sector has been divided into three different activities with defined limits for foreign investment in each such sector, according to an official statement
 "Govt eases FDI norms in space sector; 100% in satellites components")
Downside risks to growth persist
The odds of soft-landing have increased with inflation moving closer to the target and growth holding up better than expected in major advanced and emerging market economies
 "Downside risks to growth persist")
Govt reviewing FDI flow from China in Paytm Payments Services: Report
One97 Communications Ltd has investment from Chinese firm Ant Group Co
 "Govt reviewing FDI flow from China in Paytm Payments Services: Report")
Rs 5,077 crore FDI reported by companies operating in defence sector: Govt
The defence industry sector was opened up in May 2001 for private sector participation, Defence Ajay Bhatt said
 "Rs 5,077 crore FDI reported by companies operating in defence sector: Govt")
India continues to be preferred destination for FDI, says Piyush Goyal
'The material factor is that it (FDI) continues to come in. Very often when you see a very rapid growth on any statistic, you need some time for it to cool down also,' he said
 "India continues to be preferred destination for FDI, says Piyush Goyal")
It is for RBI to deal with Paytm issue, says Financial Services Secy Joshi
He also said that Paytm Payments Bank Ltd (PPBL) is a small financial entity and there are no systemic stability concerns
 "It is for RBI to deal with Paytm issue, says Financial Services Secy Joshi")
Padma Bhushan for Young Liu embodies how Foxconn has grown roots in India
But to flower further, it may need to reduce dependence on Apple Inc
 "Padma Bhushan for Young Liu embodies how Foxconn has grown roots in India")
Ikea looks at investment in India after fulfilling Rs 10,500-cr promise
Currently, Ikea is operating stores in Hyderabad, Mumbai and Bengaluru and is investing around Rs 7,000 crore to enter the National Capital Region with two stores in Gurugram and Noida
 "Ikea looks at investment in India after fulfilling Rs 10,500-cr promise")
Interim Budget: A path of fiscal prudence towards Viksit Bharat by 2047
The government has outlined a vision for Viksit Bharat by 2047, with GDP being given a new connotation of 'Governance, Development and Performance'
 "Interim Budget: A path of fiscal prudence towards Viksit Bharat by 2047")
