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Page 21 - Fdi

US lawmakers welcome India's move to increase FDI in insurance to 74%

Two influential US lawmakers have applauded the Indian government's move to increase foreign direct investment in the insurance sector

US lawmakers welcome India's move to increase FDI in insurance to 74%
Updated On : 17 Apr 2021 | 10:51 AM IST

Govt may hike pension sector FDI limit to 74%; Bill likely in next session

The government may hike foreign direct investment (FDI) limit in the pension sector to 74% and a Bill in this regard is expected to come in the next Parliament session

Govt may hike pension sector FDI limit to 74%; Bill likely in next session
Updated On : 11 Apr 2021 | 11:52 PM IST

India's FDI equity inflow up 28% year-on-year in April-January period

Singapore is the top source of FDI in India, with 30.28% share of entire FDI equity inflow. US comes next, with 24.28% and UAE at 7.31%

India's FDI equity inflow up 28% year-on-year in April-January period
Updated On : 06 Apr 2021 | 12:09 AM IST

FDI in insurance may shorten break-even period by 3 years: IIM Indore study

Currently, operating and commission expenses of private insurers are said to be thrice those of public counterparts. It is here that a hike in FDI limit will give the former a level-playing field

FDI in insurance may shorten break-even period by 3 years: IIM Indore study
Updated On : 29 Mar 2021 | 5:20 PM IST

DPIIT meet: Foreign vs Indian war of words over e-commerce FDI policy

The industry has been asked to send inputs in writing within a week to the government for further consultation

DPIIT meet: Foreign vs Indian war of words over e-commerce FDI policy
Updated On : 25 Mar 2021 | 11:47 PM IST
Bill to increase FDI limit in insurance sector gets Parliament's nod
Updated On : 22 Mar 2021 | 11:39 PM IST

Insurance Amendment Bill to raise FDI limit to 74% in Lok Sabha

FM Sitharaman said on Monday that raising the FDI limit was necessary to help insurers deal with issues concerning financial stress

Insurance Amendment Bill to raise FDI limit to 74% in Lok Sabha
Updated On : 22 Mar 2021 | 2:45 PM IST

LIVE: Rajya Sabha passes bill to hike FDI in insurance sector to 74%

By raising the FDI limit to 74%, the current provision of control being vested with Indian companies had to be dropped. Stay tuned for Latest LIVE news

LIVE: Rajya Sabha passes bill to hike FDI in insurance sector to 74%
Updated On : 18 Mar 2021 | 8:29 PM IST

Rajya Sabha passes bill to raise FDI limit in insurance sector to 74%

Majority of directors, key personnel will be resident Indians; percentage of profits to be retained in India, says FM Sitharaman on FDI safeguards

Rajya Sabha passes bill to raise FDI limit in insurance sector to 74%
Updated On : 18 Mar 2021 | 7:30 PM IST

RS adjourned four times amid uproar over bill on raising FDI in insurance

The Congress and other Opposition parties Thursday forced adjournments of Rajya Sabha proceedings for four times during the post-lunch sitting

RS adjourned four times amid uproar over bill on raising FDI in insurance
Updated On : 18 Mar 2021 | 5:58 PM IST

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.

FDI policy in e-comm sector should be enforced in letter and spirit: CAIT
Updated On : 17 Mar 2021 | 9:07 PM IST

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

Govt has received complaints against e-comm firms for FDI violation: Goyal
Updated On : 17 Mar 2021 | 2:21 PM IST

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

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

DPIIT to meet trade unions, industry groups on FDI in e-commerce
Updated On : 16 Mar 2021 | 7:06 PM IST

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

Draft e-commerce policy: Investments by large players may take a hit
Updated On : 15 Mar 2021 | 6:10 AM IST

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.

DPIIT to hold meetings with industry, trader bodies on FDI in ecommerce
Updated On : 14 Mar 2021 | 1:12 PM IST

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

Cabinet approves amendment to Insurance Act, paving way for 74% FDI limit
Updated On : 10 Mar 2021 | 11:31 PM IST

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.

FDI hike in insurance sector likely to see mixed response, say experts
Updated On : 06 Mar 2021 | 6:10 AM IST

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

India's FDI inflow in April-Dec 2020 surges 22% to $67.5 billion
Updated On : 04 Mar 2021 | 3:46 PM IST

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

Top headlines: Automatic nod for China FDI, Govt eyes Rs 6,200 cr in AGR
Updated On : 24 Feb 2021 | 8:02 AM IST

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 .

FDI in Pakistan down by 27% in first seven months, says report
Updated On : 24 Feb 2021 | 2:14 AM IST