In 2018-19, FDI in the sector was aggregated at $2.18 million, according to the data
As many as 43 sections of Companies Act will be decriminalised through Cabinet approval
Till now, FDI up to 49% was allowed in insurance intermediaries through the automatic route
Despite losing Essar Steel in insolvency proceedings, cash flows remain strong, with Rs 1,00,000 crore of revenues from existing businesses
Infra investments drive growth; PE/VC account for 64% of FDI inflows
The CCI had ordered an investigation against e-commerce companies including Amazon and Flipkart
Goyal said obviously if the company makes a loss of Rs 6,000 crore, they have to bring in money to pay for that loss
The members were taking part in a debate on the Foreign Investment in Financial Services, Critical Infrastructure and Technology Affecting National Security (Regulation) Bill, moved by Narendra Jadhav
India's corporate tax structure is now globally competitive! Rates of 25 and 15 per cent are completely acceptable to international investors
FM has allocated Rs 99,300 cr for education sector in FY21 and Rs 3,000 cr for skill development
Setting up a National Police University and a National Forensic Science University, linking medical colleges to a district hospital through the PPP mode, are some proposals made in the budget
FDI is important as the country requires major investments to overhaul its infrastructure sector to boost growth
The overarching theme of the Economic Survey 2019-20 is creation of wealth over time and the implementation of policies that act as enablers in creation of this wealth
The Indian stock market continues to be upbeat about the country's growth prospects, despite deceleration in GDP growth for the sixth consecutive quarter, the Economic Survey 2019-2020 said, adding that the BSE Sensex has increased 7 per cent till December 2019 over March. "This may also reflect the growing perception of India becoming an attractive destination for investment in the backdrop of a decline in the growth of major economies of the world and continued easing of monetary policy by the US Fed," it said on Friday. "Despite the deceleration in GDP growth for the sixth consecutive quarter, the stock market continues to be upbeat about the country's growth prospects," the Survey said. The net FDI and net Foreign Portfolio Investment (FPI) in first eight months of 2019-20 stood at USD 24.4 billion and USD 12.6 billion respectively, more than the inflows received in the corresponding period of 2018-19, it added. Benchmark indices Nifty50 and S&P BSE Sensex reached record highs
The approval comes just days before the company has to clear statutory liabilities of up to nearly Rs 35,586 cr, of which Rs 21,682 cr is licence fee and another Rs 13,904.01 cr is spectrum dues
The FDI flows to developed countries remained at a historically low level, decreasing by a further 6 per cent to an estimated $643 billion
BJP under Modi-Shah is returning to its trader mindset with a vengeance, underlining that strong, full majority governments can also be more risk-averse
The meeting, which took place on Tuesday, was also attended by representatives of the National Restaurant Association of India (NRAI)
FDI equity inflows in Gujarat more than doubled from $1.5 billion in H1 FY19 to $3.5 billion in H1 FY20
With 2019 drawing to a close, Business Standard looks at the biggest news developments from the world of business that shaped the year