FOREIGN INVESTMENT IN INDIA
Rupee may fall to 85 against dollar leading to RBI intervention: Naveen Mathur The rupee is under pressure largely due to the stronger dollar, post-US elections policy measures by President-elect Trump, and specific GDP numbers. Intermittent RBI intervention is noted, but aggressive action is unlikely until the rupee approache...
03 Dec, 2024, 02.34 PM ISTHoliday season likely to cool pace of FPI sales in December Mumbai stock markets could see relief in December as foreign selling may subside. Analysts keep caution due to ongoing economic uncertainty and inflation worries. Domestic investors continue purchasing, offering some market support. The Reserve Bank...
02 Dec, 2024, 09.43 AM ISTPlan in works to prioritise EFTA investments India is setting up a framework to prioritise investments from EFTA nations, which include Switzerland, Norway, Iceland, and Liechtenstein. Norway is eager to invest in renewable energy, while Switzerland eyes the pharmaceutical sector. EFTA countri...
02 Dec, 2024, 12.14 AM IST- ADVERTISEMENT
FDI inflows jump 45 pc to USD 29.79 billion in April-September 2024 Foreign direct investment in India rose by 45 per cent year-on-year to USD 29.79 billion in April-September 2024, driven by strong inflows in services, computer, telecom, and pharma sectors. Major contributing countries include Mauritius, Singapore,...
01 Dec, 2024, 05.47 PM ISTSingapore contributed 50% of total FDI into India in July-September quarter Singapore was the largest source of Foreign Direct Investment (FDI) for India in the July-September quarter, contributing 50 percent of the total inflows. FDI inflows to India rose by 43 percent, reaching USD 13.6 billion. Singapore's cumulative FDI...
01 Dec, 2024, 01.33 PM ISTStrategic action plan to strengthen ties between India and Italy: Urso India and Italy unveiled a five-year action plan to strengthen ties in areas like defense, trade, clean energy, and connectivity. The plan was announced at the G20 summit. Italy's Minister highlighted the importance of India's port system for Asia a...
30 Nov, 2024, 05.50 PM ISTLife insurance employees' body demands withdrawal of GST on premiums The All India Life Insurance Employees' Federation will launch a nationwide campaign seeking withdrawal of GST on insurance premiums and opposing any increase in foreign direct investment in the sector. The federation plans to approach MPs for suppo...
30 Nov, 2024, 05.45 PM ISTCentral government capex to surge by 25 pc YoY in second half of FY25: Jefferies The central government's capital expenditure is projected to increase by 25% YoY in the second half of FY25, focusing on infrastructure development over populist policies. Despite foreign investor outflows, strong domestic inflows and robust capex s...
30 Nov, 2024, 02.53 PM ISTLost some trust at MC13, will work to deliver on investment pact: Reappointed WTO DG Ngozi Okonjo-Iweala has been re-appointed as Director General of the World Trade Organization for a second term starting September 2025. Her focus will include addressing the Investment Facilitation for Development. She aims to rebuild trust lost at...
29 Nov, 2024, 07.12 PM ISTGovt proposes to raise FDI limit in insurance sector to 100%, seeks public comments The central government has proposed raising the FDI limit in Indian insurance companies to 100%, lowering the Net Owned Funds for foreign reinsurers, and amending insurance laws to improve accessibility and streamline processes. The public is invite...
29 Nov, 2024, 03.19 PM ISTOrkla said to consider $400 million IPO of Indian business Norway’s Orkla ASA plans an IPO for its Indian business in Mumbai, potentially raising $400 million with a valuation exceeding $2 billion. Orkla is working with advisors and expects clarity by 2025. This move follows other foreign firms leveraging I...
29 Nov, 2024, 12.37 PM ISTIndia's economic outlook for coming months 'cautiously optimistic': Finmin Report India's economy shows promising signs. Agriculture is expected to perform well. Economic activity is picking up. Jobs are increasing. However, global economic slowdown and geopolitical tensions pose challenges. India's foreign exchange reserves have...
25 Nov, 2024, 04.31 PM ISTAPAC funds go heavyweight on Indian real estate market Asia Pacific funds are pouring capital into Indian real estate, driven by India's strong economic growth and strategic location. Investors are particularly interested in industrial, office, and logistics sectors, with India emerging as a preferred d...
23 Nov, 2024, 11.30 AM ISTAdani bribery charges add to one of Canada¡¯s largest public pension managers' India nightmare Three former employees of Canada's CDPQ, including Cyril Cabanes, Saurabh Agarwal, and Deepak Malhotra, were charged with conspiracy to violate the Foreign Corrupt Practices Act. US prosecutors allege they conspired with Indian billionaire Gautam Ad...
22 Nov, 2024, 09.36 AM ISTGovt initiatives helping attract foreign investors in India: CII Government initiatives like Make in India and PLI schemes are attracting foreign investors to establish bases in India, according to CII. Increased infrastructure investments and favorable geopolitical conditions are also contributing factors to the...
18 Nov, 2024, 09.44 PM ISTIndia plans major insurance shake-up this winter as it may open doors to 100% FDI 100% FDI in Insurance: The Indian government is poised to permit 100% foreign direct investment in the insurance sector, aiming to attract global players and boost insurance coverage. The move, part of the upcoming Insurance Amendment Bill, will als...
18 Nov, 2024, 12.37 PM ISTIndia likely to attract $20-25 billion FPI inflows in FY25, recent outflow temporary: Bank of Baroda Bank of Baroda predicts that India will attract USD 20-25 billion in foreign portfolio investments in FY25. Despite recent outflows due to global uncertainties, the report highlights India's strong economic fundamentals, including robust GDP growth ...
18 Nov, 2024, 10.15 AM ISTED shifts focus to Amazon and Flipkart ties with sellers ED is investigating alleged violations under the Foreign Exchange Management Act (Fema) that are ordinarily civil offences entailing monetary penalties. Earlier this month, the agency conducted nationwide searches at 19 sites related to large seller...
18 Nov, 2024, 06.00 AM ISTInvestors not inclined to ¡®sell India buy China¡¯ but to ¡®sell India buy USA¡¯: Samir Arora Samir Arora cautioned investors not to get overly excited by CLSA's increased allocation to India. He believes that investors were shifting to the US, not from India to China. He also suggests that the India-to-US trade shift has likely played out, ...
16 Nov, 2024, 11.07 AM ISTIndia least exposed to Trump's trade policies, CLSA raises India's overweight to 20 pc over China A new report by CLSA suggests India is emerging as one of the least affected markets by former U.S. President Donald Trump's trade policies. This resilience is attributed to India's low trade exposure to the U.S., manageable corporate leverage, and ...
16 Nov, 2024, 10.19 AM IST