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Public sector general insurance employee union oppose 100% FDI move

The proposed introduction of 100 per cent FDI in the insurance sector and other amendments to insurance laws by the Central Government were also discussed

Apex Kidney Care secures FDI worth $9 mn from Swiss Blue Earth Capital

As for AKC, this investment was facilitated by Tata Capital Healthcare Fund, the healthcare-focused private equity fund of Tata Capital

A new model: Revamping BIT calls for a fresh approach to boost FDI

With India facing consequences such as having its foreign assets seized as a result, government has essentially been defensive, including terminating BITs with some 75 countries between 2016 and 2021

Draft bill seeking 100% FDI in insurance to be sent to Cabinet soon: DFS

The finance ministry will soon send the draft bill seeking to increase FDI limit in the insurance sector to 100 per cent to the Union Cabinet for its approval, Financial Services Secretary M Nagaraju said on Monday. "Finance Minister has already given her approval and announced in the Budget. Now we will prepare a draft bill with the help of the law ministry," he said in an interaction with media here. Thereafter, the draft bill will be sent to the Cabinet for approval. The intent of the Department of Financial Services (DFS) is to get the bill introduced during the current Budget session, he said. Finance Minister Nirmala Sitharaman in her Budget speech proposed to raise the foreign investment limit to 100 per cent from existing 74 per cent in the insurance sector as part of new-generation financial sector reforms. "This enhanced limit will be available for those companies which invest the entire premium in India. The current guardrails and conditionalities associated with foreig

Budget 2025: How 100% FDI will benefit the Indian insurance industry

The government seeks to fully unlock the potential of India's insurance industry, and has announced opening up of the sector to 100 per cent FDI

Budget 2025: Charting a new growth path amid excess capacity, FDI concerns

Net FDI inflows are plummeting due to repatriation by foreign firms, coupled with increased outbound foreign investment by Indians

Charting a new growth path: Budget highlights falling insurance penetration

Limited choice of insurance products and absence of people-friendly claim settlement mechanism is leading to lower insurance coverage in rural India

Budget 2025: Govt allows 100% FDI in insurance, easing foreign entry

The jury is divided on whether this move has led to the expected inflow of investments

India sees 17.9% increase in FDI inflows, at $55.6 bn in Apr-Nov in FY25

Economic Survey 2025: India's foreign direct investment between April 2000 and September 2024 surpassed the $1 trillion mark

Rs 21,000 cr given to women under Ladki Bahin scheme: Maharashtra governor

Maharashtra Governor CP Radhakrishnan on Sunday said 2.46 crore women have been provided a collective assistance of Rs 21,000 crore under the government's Ladki Bahin scheme. Addressing the Republic Day function at the Shivaji Park in Mumbai, the governor also said Maharashtra stands first in the country in attracting the Foreign Direct Investment (FDI). "I appeal to all to resolve to form a new and strong Maharashtra. We must all work together to make our dream of one trillion dollar economy, a reality," he said. Under the state government's flagship Ladki Bahin scheme, touted to have played a major role in the BJP-led Mahayuti's win the assembly polls last year, the eligible women are provided Rs 1,500 per month. The governor said nearly 2.46 crore women have been given the benefit of about Rs 21,000 crore from July to December 2024 under the scheme, implemented for their economic independence, ameliorating their health and strengthening their decision-making role. Also, financi

Gujarat received FDI equity inflow of $57.65 billion in last 10 years: Govt

Gujarat received a foreign direct investment (FDI) equity inflow of USD 57.65 billion in 10 years starting April 2014, the state government said on Thursday. This was shared in the latest report released by the Department for Promotion of Industry and Internal Trade (DPIIT) of the Union government in December last year. Gujarat attracted only USD 9.51 billion in FDI from April 2000 to March 2014. However, from April 2014 to September 2024, the state made a significant leap by getting USD 57.65 billion in FDI equity inflows, the report said. This accounts for 86 per cent of the total FDI equity inflow of USD 67.16 billion into Gujarat over the past 24 years, it said, adding that these figures underscore the state's exceptional performance under the leadership of Prime Minister Narendra Modi and reflect the unwavering confidence of investors in the state. Gujarat Chief Minister Bhupendra Patel has effectively implemented investor-friendly policies and created a business-conducive ...

UP govt approves new aerospace and defence policy, reforms in FDI

The Uttar Pradesh government on Wednesday approved a new Aerospace and Defence Unit policy to attract Rs 50,000 crore of investments and generate jobs for 1 lakh people. The state cabinet meeting chaired by Chief Minister Yogi Adityanath in Prayagraj also approved an FDI policy among 10 key proposals aimed at accelerating the state's development, an official release said. Among these, the groundbreaking Aerospace and Defence Unit and Employment Promotion Policy 2024 was introduced to position UP as a leader in the sector, the release said. The policy sets an ambitious target of attracting Rs 50,000 crore in investments, with the potential to generate direct employment for 1 lakh youth across the state. The Cabinet meeting was held at the Triveni Complex in Prayagraj amid ongoing Maha Kumbh. The state Cabinet also approved the new FDI Policy to boost setting up of foreign industries in Uttar Pradesh in order to propel industrial and economic growth. "Under this policy, the state ..

Net FDI inflow slowed to $0.5 billion in April-November: RBI data

Gross inward FDI during April-November 2024 increased to $55.6 billion from $47.2 billion a year ago, according to the Reserve Bank of India's data (January 2025 bulletin)

We are doing FTAs only after extensive stakeholder consultations: Goyal

Commerce and Industry Minister Piyush Goyal on Tuesday said India is finalising free trade agreements (FTAs) only after extensive consultations with all the concerned stakeholders. He said that unlike in the past, these pacts are now fair, equitable and balanced. "We are not doing FTAs like in the past. Every agreement is after extensive stakeholder consultation," he said at the Thuglak Annual Meet in Chennai. Citing the agreement with the four-European nation bloc EFTA, he said that for the first time in the history of FTAs, India has received a commitment of USD 100 billion FDI (foreign direct investment) in this pact. The Modi government has implemented these pacts with countries like Australia and the UAE. He also said that India's decision to opt out of RCEP (Regional Comprehensive Partnership Agreement) demonstrates its commitment to safeguarding national interests. "It was not in the interest of MSMEs, and it would have opened a floodgate for Chinese goods into the country

Govt seeks suggestions to boost FDI inflows, may consider policy tweaks

The industry associations and legal players have been asked to submit their responses in the next two to three days on how to ease the norms

FDI in India surging as global investors see top destination: Piyush Goyal

FDI inflows into the country are surging, with investors from the Middle East, Japan, European Union, and the US recognising India's status as a top investment destination, driving rapid economic growth and generating millions of new jobs, Commerce and Industry Minister Piyush Goyal has said. He said that global investors are showing keen interest in India as the country offers several advantages such as strong domestic market, skilled and talented workforce and rule of law. "I can clearly see FDI (foreign direct investment) in India once again growing rapidly and creating millions of jobs. Countries in the Middle East, EFTA region, Japan, and investors from the EU and the US are all realising that India continues to be the most preferred destination for FDI," Goyal told PTI. He added that India's stable and predictable regulatory framework, coupled with a favourable business environment and progressive policies aimed at enhancing ease of doing business, is attracting an increasing

Maharashtra received Rs 1.13 trn FDI in just 6 months in 2024-25: Fadnavis

Maharashtra Chief Minister Devendra Fadnavis on Friday said that the state received Rs 1.13 lakh crore FDI in just six months in 2024-25, which is almost what it has received annually over the last four years. In a post on X, the chief minister said the state received Rs 1,13,236 crore in foreign direct investment (FDI) in the first two quarters of the financial year ending in September 2024. In 2020-21, the state received Rs 1,19,734 crore FDI, followed by Rs 1,14,964 crore in 2021-22, Rs 1,18,422 crore in 2022-23, and Rs 1,25,101 in 2023-24. "This means the state received 94.71 per cent of the FDI in six months as to what it received annually on an average in the last four years," Fadnavis wrote in his post. The chief minister said he, along with Deputy Chief Ministers Eknath Shinde and Ajit Pawar and his cabinet colleagues, would ensure this march continues. The sharing of FDI figures comes after an aggressive state election campaign late last year, where the opposition parties

Cheap imports, declining FDI challenge India's textile export ambitions

India has set the target to reach $100 billion in textile exports by 2030

Healthy FDI inflows to continue in 2025 amid investor-friendly reforms

India, averaging over USD 4.5 billion in monthly foreign direct investment (FDI) inflows since January this year despite global uncertainties and challenges, is tipped to sustain the trend in 2025 on the back of measures by the Prime Minister Narendra Modi-government to enhance the country's investor-friendly appeal. Investor-friendly policies, strong return on investments, skilled manpower, reduced compliance burdens, decriminalising minor industry-related offences, national single window system for streamlined approvals and clearances, and production linked incentive (PLI) schemes are key measures for keeping foreign investors focused on India. Further to ensure that India remains an attractive and investor-friendly destination, the government reviews FDI policy on an ongoing basis and makes changes from time to time after having intensive consultations with stakeholders including apex industry chambers, associations, and representatives of industries. In the January-September ...

India's top economic moments in 2024: Women welfare to foreign inflows

Year ender 2024: India has maintained its position as the fifth-largest economy and continues to be one of the fastest growing economies in the world. Here's how 2024 panned out for the country