Page 23 - Fdi

India blocks firms from China, other neighbours in commercial coal auction

Coal ministry issues press note citing an amendment made to the FDI Policy in April.

Govt taking steps to attract FDI in infra to address cash crunch: Gadkari

The Road Transport, Highways and MSME minister also said that talks are on with various pension funds, insurance funds and financial institutions.

Economy to rebound in second half of 2020 as Covid-19 recedes: IHS Markit

As lockdown conditions have been progressively eased, early signs of recovery were evident in the most recent economic data

India best destination for foreign investment in MSMEs, NBFCs: Gadkari

The minister called India as the most favourable destination for foreign investment and urged foreign investors to reap rich dividends by investing in the country's infra, MSMEs, banks, NBFCs

Growing confidence in Indian companies, US FDI crosses $40 bn: Report

Year to date investment from the US, including the recent ones, is over $40 billion

Best of BS Opinion: A tale of two taxes, India's FDI flows, and more

Here's a selection of Business Standard opinion pieces for the day

Remove contradictions

FDI clarity is welcome but messaging on trade isn't

Google CEO Sundar Pichai has a virtual meeting with PM Modi

The talks mainly focused on attracting FDI into India and the role of technology giants in turning around the economy

Coal workers' strike: Trade unions to decide on future course of action

Tapan Sen, general secretary of the Centre of Indian Trade Unions (CITU), said that in comparison to the previous two days, more workers have joined the strike on Saturday

Coal India unions on 3-day strike to protest against commercial mining, FDI

The workers are protesting against commercial mining and the FDI in the coal sector which was implemented last year by the central government

Foreign exchange reserves up by $64.9 bn in FY20; FDI inflow at $43 bn: RBI

The valuation gain, reflecting increase in gold prices, amounted to $5.4 billion during 2019-20 as against a loss of $8.3 billion during 2018-19

Investment pipeline charts a different course on its way to India

Old favourites Singapore and Mauritius slowly giving way to funds from Cayman Islands and British Virgin Islands, whose flows into into the country have grown 267% and 469%, respectively

Protracted litigation sets bad precedent, says Bid Services' Rory Mackey

In a Q&A, Rory Mackey, says India's long-drawn litigious process could impact one of its key infra assets and doesn't set a good precedent for the country as the preferred FDI

Mamata opposes 100% FDI in coal sector, asks PM to reconsider decision

Coal India is of the view that as foreign companies enter India and start domestic production, it will help in reducing imports.

Mamata wants Modi to reconsider decision allowing 100% FDI in coal mining

Expressing reservations about the central govt allowing 100% FDI in the coal sector, Banerjee has written to Prime Minister Narendra Modi requesting him to reconsider the decision

Facebook seeks legal advice on $5.7-billion investment in Jio Platforms

Social media giant has some investors from China, wants clarity on beneficial ownership norms

Border backlash: India may put on hold FDI proposals of 6 Chinese firms

Home Ministry received more than 20 proposals for foreign direct investment, including from China and Hong Kong, requiring security clearance between April and May.

Top headlines: RBI calls for stress testing; China's Vivo may exit IPL

From putting Chinese FDI on hold to India Inc working to conserve cash to offset Covid impact, here are top headlines this morning

Ladakh standoff: FinMin proposes restrictions on FDI in pension funds

The restriction would be applicable from the date of notification by the Government of India

Govt's ambition of attracting foreign money hits turbulence amid Covid-19

It is unfortunate timing, coming just months after Indian policy makers embarked on a fresh drive to open the country's bond markets to global investors, but adds to a list of issues stacking up