Tag: foreign direct investment
What Budget 2024 can do to get foreign investors to bet on India
As India prepares to unveil its Union Budget for 2024-25, expectations are high for measures that will stimulate economic growth and attract foreign investment. Businesses…
Space FDI: Finance ministry notifies FDI in space sector; gives better access to capital, say startups
The ministry of finance on April 16 notified Foreign Direct Investment (FDI) in the Space sector under the Foreign Exchange Management Rules which will now…
India, Egypt to push trade to $12 billion in next five years
India and Egypt plan to push bilateral trade to $12 billion within the next five years. This was discussed during a meeting between Prime Minister…
How remittances affect a country’s development
In 2022 migrants sent home nearly $800bn, according to data from the World Bank. Around 80% of these remittances were sent to low- and middle-income…
UAE emerges as fourth largest investor in India in FY23
The United Arab Emirates (UAE), with which India implemented a comprehensive free trade agreement in May last year, has emerged as the fourth largest investor…
fdi proposals: 40-50 FDI proposals from countries sharing land border with India pending for approval
About 40-50 foreign direct investment (FDI)proposals from countries sharing land border with India under the provisions of Press Note 3 are pending for approval with…
fdi: Angel Tax on multinational companies may bedevil FDI
US-based multinationals, British companies and leading French industrial groups that have closely held subsidiaries in India will face so-called angel tax scrutiny if they bring…
fdi: I&B industry got ₹1,535-crore FDI in October-December quarter: DPIIT
The information and broadcasting industry received foreign direct investment (FDI) of ₹1,535.2 crore during the quarter ended December 2022, data from the Department for Promotion…