Advertisements According to news agency PTI, the Department for the Promotion of Industry and Internal Trade (DPIIT) has received requests from ecommerce platforms to allow foreign direct investment (FDI) in inventory-based ecommerce platforms that export goods. Currently, FDI is only… Read More ›
Advertisements The decision of the Central Board of Direct Taxes (CBDT) to exempt investors from 21 nations from the “angel tax” ‒ a levy imposed on the capital raised by a startup since 2012 ‒ seems to have evoked strong… Read More ›
Advertisements India has received around Rs 494 crore of foreign direct investment in the defence sector since revising the policy relating to it in September 2020, the government said in Lok Sabha on Monday. In the last few years, the… Read More ›
Advertisements Riding on the last two years of a high level of investments approved by the Odisha government, amounting to over $50 billion since 2021, the state government is attracting Foreign Direct Investment (FDI) in sectors such as Metals and… Read More ›
Advertisements India has recorded the “highest ever” annual FDI (foreign direct investment) inflow of $83.57 billion in 2021-22, the commerce and industry ministry said on Friday. In 2020-21, the inflow stood at $81.97 billion. “India is rapidly emerging as a… Read More ›
Advertisements Foreign investments in Tunisia rose by 73% in the first three months of 2022 compared to the same period a year earlier, the Foreign Investment Promotion Agency reported, according to Tunisia’s state news agency. The European Union said in… Read More ›
Advertisements In a major boost to the Tamil Nadu government’s push for new investments, Chennai was ranked as the world’s cheapest foreign direct investment (FDI) location for electronics research and development. According to an assessment conducted using fDi Benchmark, an investment location comparison tool, Chennai emerged… Read More ›
Advertisements Foreign Direct Investment (FDI) staying in the country and creating jobs and prospects, and not the outflow of Foreign Institute Investors (FIIs) and Foreign Portfolio Investors (FPIs), should be assessed to measure robustness of the Indian economy, Finance Minister Nirmala… Read More ›
Advertisements Foreign investors have been cutting their holdings of Indian equities over the past few months, but domestic mutual funds, banks and insurance companies have helped put a floor under the market with their buying. According to the data from… Read More ›
Advertisements In a first-of-its-kind in India, leading cross-border fintech – Winvesta – has launched a pioneering feature that enables clients based in India to remit funds via UPI and net banking to fund their global investment accounts. One of the… Read More ›
