Tag: dpiit
Easier FDI norms notified for border country investors
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified changes in the foreign direct investment (FDI) policy, easing investment…
India to release product list for faster PN3 FDI approvals
New Delhi: India will soon issue a list of products for expedited clearance under amended Press Note 3 that mandates prior approval for foreign investment…
FDI easing not for Chinese firms; to benefit entities with minority Chinese holding
New Delhi, Overseas companies having Chinese shareholding of up to 10 per cent will be eligible to invest in India under the automatic route across…
As many as 6,789 recognised startups categorised as ‘closed’: Minister Jitin Prasada
Minister of State for Commerce and Industry Jitin Prasada on Tuesday said as many as 6,789 recognised startups are categorized as “closed”. As of January…
Government sets up 17-member committee for larger reforms in SEZ policy
New Delhi: The government has set up a 17-member committee to suggest larger reforms in the policy for special economic zones (SEZs), an official said….
Govt approves Startup India Fund of Funds 2.0 with Rs 10,000 cr corpus
The government on Friday approved the second tranche of Startup India Fund of Funds Scheme with a corpus of Rs 10,000 crore. This will encourage…
Startup India sops to boost deeptech firms’ revenue, research
The government’s move to allow deeptech startups to access fiscal benefits with relatively more lenient regulations under the Startup India scheme could materially improve their…
Govt expands definition of startup; turnover limit doubled to Rs 200 crore
The government has expanded the criteria for recognising entities as startups by doubling the turnover threshold to Rs 200 crore, according to a notification. A…
Govt extends BIS certification deadline on aluminium cans; relief for beer, soft drinks
The government has extended the timeline for the rollout of mandatory quality control norms for aluminium metallic cans used for alcoholic drinks, soft drinks and…
FDI inflows surge $51 billion in 6 months as govt pushes manufacturing, startup collaboration: DPIIT Secy
India has received foreign direct investment (FDI) worth USD 51 billion in the last six months, reflecting sustained global confidence in the country’s growth story,…