Page 20 - Fdi

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.

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

DPIIT to meet trade unions, industry groups on FDI in e-commerce

Officials are likely to meet over a dozen e-commerce companies

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

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.

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.

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

Top headlines: Automatic nod for China FDI, Govt eyes Rs 6,200 cr in AGR

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

FDI in Pakistan down by 27% in first seven months, says report

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. The Foreign Direct Investment (FDI) in Pakistan during the first seven years fell by 27 per cent compared to the same period last fiscal year, Dawn newspaper reported, quoting the State Bank of Pakistan (SBP) as saying. The SBP, the central bank, on Monday said that the FDI during July-January FY-21 was USD 1.145 billion against an inflow of USD 1.577bn in the same period last fiscal year. The inflow during January was USD 192.7 million compared to USD 219 million in the same month of the previous fiscal year, registering a 12 per cent decline. However, the seven-month decline was mainly due to a decline in net FDI from China and increase in net outflow to Norway, the report said. The country-wise details showed that net inflow of FDI from China was USD 402.8 million .

SBI Life, HDFC Life: Insurance cos eyeing reforms, stay invested: Analysts

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

Govt considering certain clarifications on FDI in e-commerce sector: Goyal

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

India has received $358.30 bn in FDI during 2014-20: Govt tells Lok Sabha

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

Raising funds from investors will be easier: Helios Capital's Samir Arora

FDI in the insurance sector is very realistic, says Samir Arora

How will Budget 2021 impact senior citizens, NRIs and salaried people

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

Hiking FDI cap in insurance to open up large source of fresh funding: Goyal

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

Top headlines: India's budget hikes spending; Myanmar military takes power

Business Standard brings you top news of the evening

Investor wealth rises by over Rs 6.34 trn as markets cheer Budget 2021

This was the best Budget-day gain for the markets since 1997, analysts said

Budget 2021: FDI cap hike in insurance set to attract US, European firms

The country's investment promotion agency, Invest India, expects the insurance market to be worth around $250 billion by 2025

Budget 2021: Govt proposes to increase FDI cap in insurance sector to 74%

The government on Monday proposed to increase foreign direct investment limit in the insurance sector to 74%, a move aimed at attracting overseas players.