News for 'Foreign Direct Investment'

Investment in oil exploration stands at $10.3 bn

Investment in oil exploration stands at $10.3 bn

Rediff.com22 Apr 2010

Replying to a question in the Lok Sabha, Jitin Prasada, Minister of State for Petroleum and Natural gas, said natural gas production in India has increased 75 per cent compared to 2008-09 and is expected to double in near future.

Taiwan keen to help India become leader in chip space

Taiwan keen to help India become leader in chip space

Rediff.com29 Apr 2024

Taiwan is keen to collaborate with India and help it become a leader in the semiconductor space, Jason Ho, chairman of the Taiwan Chamber of Commerce in India, said, asserting that the Taiwanese companies have the supply chain for things that the Indian market needs. Manufacturing semiconductors - used in electric and hybrid cars, drones, and communication devices - is fairly complicated, entails huge investment, and can be a cumbersome process.

Iran-Israel war: Stock markets tumble; Sensex sheds 511 points

Iran-Israel war: Stock markets tumble; Sensex sheds 511 points

Rediff.com23 Jun 2025

Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday amid heightened tensions in the Middle East after the US bombed three major nuclear sites in Iran. The 30-share BSE Sensex tumbled 705.65 points to 81,702.52 in early trade. The 50-share NSE Nifty dropped 182.85 points to 24,929.55.

'India needs FDI, foreign innovation but safety and security are also important'

'India needs FDI, foreign innovation but safety and security are also important'

Rediff.com8 Dec 2020

Union Minister Ravi Shankar Prasad on Tuesday said foreign investments and innovations are welcome but at the same time, the government is focussed on promoting Indian innovation as well as keen on the country's safety and security. Speaking at the India Mobile Congress 2020, the IT and Telecom Minister said that IT and communications sectors have registered over 7 per cent growth and received one of the highest Foreign Direct Investment (FDI) even during the challenging time of COVID-19.

FDI inflows seen to grow further in the New Year

FDI inflows seen to grow further in the New Year

Rediff.com21 Dec 2021

A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.

25 major FDI destinations in the world

25 major FDI destinations in the world

Rediff.com24 Dec 2012

Countries all over the world are struggling to attract foreign direct investment.

Govt amends FEMA rules to allow 20% FDI in LIC

Govt amends FEMA rules to allow 20% FDI in LIC

Rediff.com17 Apr 2022

The government has amended rules of the Foreign Exchange Management Act (FEMA), paving the way for up to 20 per cent foreign direct investment in the insurance behemoth LIC. The government is planning to dilute its stake in LIC through the the Initial Public Offering (IPO). LIC in February had filed the Draft Red Herring Prospectus (DRHP) before the markets regulator Sebi for the IPO.

The fine print in foreign investing

The fine print in foreign investing

Rediff.com14 Jun 2010

You can remit abroad or in India. Both entail their own risks.

Foreign investors get more time to furnish KYC details

Foreign investors get more time to furnish KYC details

Rediff.com3 Jun 2021

The Securities and Exchange Board of India (Sebi) has deferred the diktat requiring foreign investors to disclose their mobile number, email addresses and income details to depositories, a move believed to be aimed at curbing practices such as round tripping and money laundering. "Based on the representations received from MIIs (market infrastructure institutions), Sebi has decided to extend the deadline for making 6-KYC attributes mandatory for new accounts opened by 1 month to July 1, 2021. "Participants are accordingly requested to take note of the above and ensure compliance," NSDL said in a note on Tuesday. The regulator is also meeting custodians this week to thrash out a solution and address investors' concerns.

Budget may go vocal for higher local procurement

Budget may go vocal for higher local procurement

Rediff.com17 Jul 2024

To boost domestic manufacturing under the Make in India initiative and reduce dependency on imports, the government is expected to announce in the Budget an increase in the minimum local content requirement for public procurement, with certain sectors being granted exceptions. Currently, firms producing goods, services, or works with at least 50 per cent local content are classified as Class-I local suppliers and are preferred the most in government procurement.

The Sweet Rise of Indian Chocolates

The Sweet Rise of Indian Chocolates

Rediff.com20 Aug 2025

India's craft chocolate makers are changing the market by using local cacao, creating bold new flavours, making chocolate both a luxury and a story.

Trai mulls raising foreign investment cap

Trai mulls raising foreign investment cap

Rediff.com6 Feb 2008

At present, the FDI limit for FM radio companies is 20 per cent. A senior Trai official has indicated that it could recommend an increase between 26 and 74 per cent.

India may require some tough negotiations with Trump: Experts

India may require some tough negotiations with Trump: Experts

Rediff.com7 Nov 2024

The India-United States relationship is set to expand under the Donald Trump administration, but there could be some unease on issues like imports, tariffs and immigration, strategic affairs experts said after the Republican leader won the fiercely contested presidential election.

Ambani's Rs 86 Cr Bet On Trump Card

Ambani's Rs 86 Cr Bet On Trump Card

Rediff.com18 Jun 2025

Reliance 4IR Realty Development, a unit of Mukesh Ambani's Reliance Industries, paid a Rs 86.5 crore 'development fee' to license the Trump brand for a forthcoming real estate project in Mumbai.

FDI rises 15% during Apr-Sep to $26 bn

FDI rises 15% during Apr-Sep to $26 bn

Rediff.com1 Jan 2020

Singapore continued to be the largest source of FDI in India followed by Mauritius, the US, the Netherlands and Japan.

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

Rediff.com3 May 2025

Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. According to Prime Database, DIIs held a 17.62 per cent stake, up from 16.89 per cent in the December 2024 quarter.

Indian telecom sector sees $1.05 bn foreign funds

Indian telecom sector sees $1.05 bn foreign funds

Rediff.com30 Dec 2002

India's telecom sector, billed as one of the fastest growing markets globally this decade, has attracted foreign direct investment worth $1.05 billion in the past two years, the government said in a statement on Monday.

Trump 2.0: Govt In Wait-And-Watch Mood

Trump 2.0: Govt In Wait-And-Watch Mood

Rediff.com8 Nov 2024

'We may see even more restrictive policies during 2.0.'

China emerges as fifth largest global investor

China emerges as fifth largest global investor

Rediff.com6 Sep 2010

China which recently emerged as the world's second largest economy has now become the fifth biggest global investor even as Foreign Direct Investment into the country is set to cross $100 billion this year.

ADB marginally lowers India's growth projection to 6.3%

ADB marginally lowers India's growth projection to 6.3%

Rediff.com20 Sep 2023

Indian growth in the rest of this fiscal year and next will be propelled by robust domestic consumption as consumer confidence improves, and by investment, including large increases in government capital expenditure, according to the Asian Development Outlook September 2023. "As slowing exports could foment headwinds for the economy, and erratic rainfall patterns are likely to undermine agricultural output, the growth forecast for FY2023 is revised down marginally to 6.3 per cent," ADB said.

Why Sensex closed at nearly two-month low on Monday

Why Sensex closed at nearly two-month low on Monday

Rediff.com29 Jul 2025

Titan, HCL Tech and State Bank of India were also among the laggards. However, Hindustan Unilever, Asian Paints, ICICI Bank, Power Grid, HDFC Bank and ITC were the gainers.

India is a growth story? Well, foreign investors say so

India is a growth story? Well, foreign investors say so

Rediff.com16 Apr 2015

There has been a decent growth in FDI proposals and new announcements in India to attract foreign investment.

Piyush Goyal not against e-commerce platforms, but...

Piyush Goyal not against e-commerce platforms, but...

Rediff.com22 Aug 2024

A day after lambasting e-commerce players for predatory pricing, Union Commerce Minister Piyush Goyal on Thursday said he is not against online platforms but India wants such entities to be "fair and honest" in their conduct. Speaking with reporters in the financial capital, the outspoken Union minister said the rule of the law should be followed in letter and spirit, and made it clear that consumer preferences should not be influenced by algorithms.

FDI inflow hits all-time high of $83.57 bn in 2021-22

FDI inflow hits all-time high of $83.57 bn in 2021-22

Rediff.com20 May 2022

Total foreign direct investment into India rose 2 per cent to the "highest ever" $83.57 billion in 2021-22 on account of various measures like policy reforms and ease of doing business taken by the government, the commerce and industry ministry said on Friday. Total FDI comprises equity inflows, reinvested earnings and other capital. In 2020-21, the inflow stood at $81.97 billion. It was $74.39 billion in 2019-20 and $62 billion in 2018-19. "India has recorded the highest ever annual FDI inflow of $83.57 billion in 2021-22," the ministry noted in a statement.

Reforms in India absolutely necessary'

Reforms in India absolutely necessary'

Rediff.com5 Oct 2012

India on Thursday unleashed a second wave of reforms deciding to open the pension sector to foreign investment and raising the foreign direct investment cap in insurance to 49 per cent, undeterred by opposition to its decisions on FDI in retail and threats to block these legislations.

Trump's Tariffs Loom Over Modi-Putin Meeting

Trump's Tariffs Loom Over Modi-Putin Meeting

Rediff.com1 Sep 2025

New Delhi, while opting not to retaliate yet to the American tariffs, has in recent weeks sought to reinforce its friendship with Moscow, and recalibrate its ties with Beijing rather than surrender to Washington's diktats.

RBI's foreign exchange risk move may not hit rupee for now

RBI's foreign exchange risk move may not hit rupee for now

Rediff.com11 Dec 2023

Market participants do not expect any immediate impact on the rupee from the Reserve Bank of India's (RBI's) a "comprehensive" master direction aimed at strengthening the framework for hedging foreign exchange risks. RBI Governor Shaktikanta Das, in his monetary policy statement, revealed that the central bank is poised to issue a master direction to consolidate guidelines for all types of forex transactions. But this development, according to market players, is more of a directional guidance than a mandatory directive.

Why Study Abroad When You Can Study In India?

Why Study Abroad When You Can Study In India?

Rediff.com6 May 2025

'Indian private universities can provide world-class education at one fourth the cost, home comforts, and direct links to Indian and global industries.'

This is How Traders Track Multibagger Stocks

This is How Traders Track Multibagger Stocks

Rediff.com9 Jul 2025

A multibagger stock multiplies its original investment several times, delivering returns of 100%, 200%, or even higher. The excitement of finding such wealth creators is undeniable, but the process of identifying them is far from simple. It requires a careful blend of research, patience, and the right set of tools.

Govt clarifications on FDI soon, says minister

Govt clarifications on FDI soon, says minister

Rediff.com23 May 2013

The two ministers are believed to have discussed the issue of redefining foreign direct investment and foreign institutional investment to remove ambiguities.

India to become 2nd largest economy in Asia by 2030: S&P Global

India to become 2nd largest economy in Asia by 2030: S&P Global

Rediff.com24 Oct 2023

India, the world's fifth largest economy in the world, is likely to overtake Japan to become the world's third-largest economy with a GDP of $7.3 trillion by 2030, S&P Global Market Intelligence said in its latest issue of PMI. After two years of rapid economic growth in 2021 and 2022, the Indian economy has continued to show sustained strong growth during the 2023 calendar year. India's gross domestic product (GDP) is expected to grow 6.2-6.3 per cent in the fiscal year ending in March 2024, being the fastest-growing major economy this fiscal year.

FDI shoots up 111% at $4.66 bn in May

FDI shoots up 111% at $4.66 bn in May

Rediff.com5 Jul 2011

In May 2010 the foreign direct investment was $2.21 billion.

Curbing air access is like shooting yourself in foot: Emirates president

Curbing air access is like shooting yourself in foot: Emirates president

Rediff.com9 Jun 2025

Restricting air access to foreign carriers by not granting them more bilateral rights is akin to shooting yourself in the foot, as air transport is a wealth multiplier for India's economy, Emirates President Tim Clark said during a press conference held on the sidelines of the annual general meeting of the International Air Transport Association.

'Put FDI in print issue to before Cabinet'

'Put FDI in print issue to before Cabinet'

Rediff.com18 Aug 2003

The Group of Ministers on Foreign Direct Investment has recommended that the proposal to allow 100 per cent foreign direct investment in scientific magazines and journals be placed before the Cabinet, Rajya Sabha was informed on Monday.

Will Nirmalaji Target Fiscal Deficit?

Will Nirmalaji Target Fiscal Deficit?

Rediff.com28 Jan 2025

The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.

Jane Street puts lens on high-frequency trading, quant firms

Jane Street puts lens on high-frequency trading, quant firms

Rediff.com15 Jul 2025

Sebi aims to stay proactive as HFT and quant firms like Citadel Securities, Optiver, Millennium, and IMC Trading are expanding rapidly in India, which is home to the world's largest derivatives market by contracts traded.

India's outward FDI rises to $1.85 bn in July 2023

India's outward FDI rises to $1.85 bn in July 2023

Rediff.com30 Aug 2023

Interrupting a two-month streak of decline, outward foreign direct investment (FDI) rose sequentially to $1.85 billion in July over $1.07 billion in June, an increase of 73 per cent. However, it was lower than the $2.18 billion in July last year, according to the Reserve Bank of India data. Outbound FDI, expressed as financial commitment, has three components - equity, loans, and guarantees.

India attracted massive FDI worth $239 bn since 2014

India attracted massive FDI worth $239 bn since 2014

Rediff.com1 Feb 2019

The main sectors that receive the maximum foreign inflows include services, computer software and hardware, telecommunications, trading, construction, automobile, and power.

Need to attract FDI in railway projects: Railway Minister

Need to attract FDI in railway projects: Railway Minister

Rediff.com8 Jul 2014

The Railway Minister has announced that there is an urgency to attract FDI in Railway projects.