News: Reserve Bank of India has released the data on the Foreign direct investment(FDI) into India. Facts: Singapore and Mauritius remained the major source countries accounting for about 50% of total FDI flows in 2019-20. They were followed by the Netherlands, the Cayman Islands, US and Japan. The FDI from Cayman Islands has jumped 305%… Continue reading Overall FDI rises 10% in FY20, but money coming in from Cayman Islands jumps 305%
Tag: FDI
FDI from neighbouring countries
News:The Government of India has revised its existing Foreign Direct Investment policy in light of the current COVID-19 pandemic. Facts: New FDI Policy: It has made prior government approval mandatory for foreign direct investments(FDI) from countries which share a land border with India or where the beneficial owner of an investment is situated in such… Continue reading FDI from neighbouring countries
‘100% FDI in coal will boost competitiveness’
Recently,Union cabinet has decided to permit 100% foreign direct investment(FDI) in the coal sector. This decision is likely to help the coal-bearing states to get more revenue and bring in more players to create an efficient and competitive coal market. However,experts have said that right kind of policies are needed to ensure that global players… Continue reading ‘100% FDI in coal will boost competitiveness’
Cabinet eases FDI rules in retail, media
Union Cabinet has eased foreign direct investment(FDI) norms for various industries such as single-brand retail, coal mining, contract manufacturing and digital media. The changes in FDI policy will result in making India a more attractive FDI destination which may lead to increased investments,employment and growth. Single brand Retail sector:Currently,the FDI policy says that a single… Continue reading Cabinet eases FDI rules in retail, media
Cabinet to consider relaxing FDI norms in single brand retail, digital media
The Union Cabinet is considering proposal to relax foreign direct investment (FDI) norms in several sectors. The sectors include (a)single-brand retail (b)digital media (c)coal mining and (d)contract manufacturing. In the existing FDI policy,100% foreign direct investment is permitted in the manufacturing sector under the automatic route.But the policy does not talk about contract manufacturing. Similarly,the… Continue reading Cabinet to consider relaxing FDI norms in single brand retail, digital media
Raising of FDI in insurance broking to 100% upsets domestic brokers
Finance Minister has proposed a 100% foreign direct investment(FDI) in the insurance intermediaries in the Union Budget 2019. Insurance intermediaries are the backbone of the industry.They help in distribution of insurance policies and also help customers get attractive rates for the products. Insurance intermediaries include insurance brokers, insurance repositories, surveyors and loss assessors and third-party… Continue reading Raising of FDI in insurance broking to 100% upsets domestic brokers
Won’t allow FDI in multi-brand retail, predatory pricing: Goyal
Commerce and industry minister has said that the government would not allow multi-brand retail trade by foreign e-commerce companies. In 2018,Department for Promotion of Industry and Internal Trade (DPIIT) had tightened the foreign direct investment (FDI) rules for ecommerce companies The new rules were (a)If an entity is owned by an e-commerce marketplace(ECM),it cannot sell… Continue reading Won’t allow FDI in multi-brand retail, predatory pricing: Goyal
Price controls hurting FDI in medical devices sector
According to the data released by the Department for Promotion of Industry and Internal Trade,Foreign Direct Investment (FDI) in the medical devices sector has decreased from $439 million in 2016 to $66 million in 2018. The decrease in FDI has been attributed to the implementation of price controls in the medical devices.Further,the inflows has decreased… Continue reading Price controls hurting FDI in medical devices sector
