Page 25 - Fdi

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

Needed: A fresh look at the services sector

A post Covid-19 foreign trade policy must be cognisant of the evolving opportunities and challenges in services trade and must prepare domestic policies and capacity accordingly

Marred by Covid-19, global FDI flows likely to plunge 40% in 2020: UNCTAD

The pandemic is a supply, demand and policy shock for FDI. The lockdown measures are slowing down existing investment projects

155 Indian companies account for $22 billion FDI in US: CII survey

Over next 5 years, 77 per cent of firms looking to ramp up investments, 83 per cent to hire more

India ninth-largest recipient of FDI in 2019 with $51 billion: UN

The World Investment Report 2020 by the UNCTAD said that India was the 9th largest recipient of FDI in 2019, with $51 billion dollars of inflows during the year

Clarity for FDI

Govt must follow up on its restrictions on investment from China

RBI seeks clarity from govt on Taiwan's foreign direct investment status

The political and legal status of Taiwan is a contentious issue, with China seeing Taiwan as a breakaway province that will eventually be part of the country again

Inbound FDI rose 14% in FY20 to $49.9 billion; service sector top recipient

Singapore continued to be largest source of FDI for India for second consecutive year

Measures to attract FDI must be backed with proper infra: Ashok Leyland MD

Comment comes at a time when Centre and various State governments are aiming to attract companies looking at shifting their operations out of China

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