Page 21 - Dpiit

Cayman Islands now India's 10th largest source of foreign direct investment

Inflows have gone up from tax havens; corporate tax dodging worries DPIIT

Will place draft e-comm policy in public domain to seek views: DPIIT Secy

DPIIT Secretary Guruprasad Mohapatra said the ecommerce is a fast emerging sector and it is difficult to predict where it will go in the next couple of years

Govt considering easing tax rules to promote start-ups, says official

Talking about the host of measures on which they are working, Mohapatra said the DPIIT will be extending more funds this year to startups under the Fund of Funds scheme

Punjab approves reforms to avail additional borrowing of 1.5% of GSDP

The additional borrowing would help state tide over the estimated 30 per cent revenue shortfall in 2020-21 fiscal

10 targets that states need to achieve to avail extra borrowing

These targets are under four categories, namely, One-Nation-One-Ration Card, ease of doing business, power sector reforms and urban local body reforms

India may set 10% beneficial ownership cap for FDI flowing from 7 countries

The 10% threshold is in line with the rules for significant beneficial owners under the Companies Act, 2013

Day 1 of lockdown 3.0: India limps back, but industry still in limbo

With public transport still not allowed in 130 red-zone districts, which comprise some of the economically important urban centres, people took out their private vehicles.

Amid race to woo small traders, CAIT readies online portal for kiranas

Called bharatemarket.in, the announcement comes at a time when e-tailers Amazon and Flipkart and offline player Reliance Retail are trying to woo small traders

Uncertainty over new 'beneficial ownership' clause for Chinese FDI

This is particularly important as Chinese companies often have opaque beneficial structures and have unbridled access to our market and other national information

China slams India's move to scrutinise FDI, calls it discriminatory

New Delhi effectively closed on Saturday the "automatic route" of investing for Chinese firms and individuals.

India's new FDI policy is discriminatory and against free trade: China

India's move was attributed to the rising possibility of "opportunistic takeovers" of its companies by those in neighbouring nations, as the coronavirus pandemic wreaks havoc on the economy

DPIIT, Finance Ministry locked horns before tweak in FDI guidelines

Since the FDI notification was meant to restrict, than expand, the ambit of foreign investment, it was initially opposed by the finance ministry

India blocks automatic FDI route for neighbours to curb hostile takeovers

Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.

Govt nod must for all FDI from neighbouring nations, including China: DPIIT

Aim is to curb 'opportunistic takeover' of Indian companies due to the current Covid-19 pandemic, new rules also apply to transfer of ownership of FDI

Focus on gradual resumption

Govt should consider the suggestions made by DPIIT

Small retailers urge govt to allow shops to open amid Covid-19 lockdown

The members of the association sustain their livelihood by selling goods of daily needs like biscuits, soft drinks, mineral water, cigarettes, bidi, pan etc

Covid-19 woes: Allow limited activity in select sectors, DPIIT tells govt

The exit plan from the lockdown is recommended after getting suggestions from a detailed interaction with various states and industry bodies, the letter said.

Covid-19 lockdown: DPIIT flags a long list of industries that need to open

DPIIT's letter batted for the reopening of manufacturing units in a long list of sectors

E-commerce faring better now, issues being resolved, says DPIIT Secy

Secretary in the Deparrment for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said that with lot of follow ups on their issues, relaxations were given to them by the Home Minis

DPIIT seeks innovative solutions from startups to tackle coronavirus crisis

It also said the top solutions will be referred to the government and private stakeholders for further funding and deployment.