News for 'Foreign Investment Facilitation Portal'

Govt issues updated SOP for processing FDI applications

Govt issues updated SOP for processing FDI applications

Rediff.com5 May 2026

The Indian government has issued an updated Standard Operating Procedure (SOP) for processing Foreign Direct Investment (FDI) applications, aiming to clear all proposals within 12 weeks, a two-week extension from the previous 10-week target, to ensure a fully paperless and transparent process.

Delhi Police Dismantles International Cyber Fraud Ring Using SIM Box Technology

Delhi Police Dismantles International Cyber Fraud Ring Using SIM Box Technology

Rediff.com10 Apr 2026

Delhi Police have dismantled a major international cyber fraud syndicate using illegal 'SIM Box' technology to defraud people through digital arrest scams and fake investment schemes. Two individuals have been arrested, and the investigation revealed links to handlers in Cambodia and other Southeast Asian countries.

How Delhi Police Busted a Rs 300 Crore Cyber Fraud Syndicate

How Delhi Police Busted a Rs 300 Crore Cyber Fraud Syndicate

Rediff.com5 Apr 2026

Delhi Police have dismantled a major international cyber fraud syndicate, arresting the alleged mastermind and 10 others. The syndicate is linked to over 2,000 complaints and scams worth over Rs 300 crore, with connections to international cyber fraud operations in Cambodia.

A Chinese invasion, albeit with a difference

A Chinese invasion, albeit with a difference

Rediff.com4 Oct 2017

Oppo's FDI application approved for single-brand retail trading

Invest India sets up cell to facilitate Make in India campaign

Invest India sets up cell to facilitate Make in India campaign

Rediff.com26 Sep 2014

The queries can now be addressed to and their responses accessed from the makeinindia.com website that was unveiled along with the campaign aimed at making India a manufacturing hub by Modi at a mega event in New Delhi on Thursday.

Existing foreign trade policy to be extended till March '22: Goyal

Existing foreign trade policy to be extended till March '22: Goyal

Rediff.com27 Sep 2021

Commerce and Industry Minister Piyush Goyal on Monday said the existing foreign trade policy (FTP) will be extended for six months till March 31 next year. The government had earlier extended the FTP 2015-20 until September 30 this year due to the Covid-19 crisis. The FTP provides guidelines for enhancing exports to push economic growth and create jobs.

AI will bring in 'humongous changes': IT Minister Vaishnaw

AI will bring in 'humongous changes': IT Minister Vaishnaw

Rediff.com30 May 2025

'I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.'

High points of Sitharaman's 8th Union Budget

High points of Sitharaman's 8th Union Budget

Rediff.com1 Feb 2025

These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.

Don't Want IT Notice? Read This NOW!

Don't Want IT Notice? Read This NOW!

Rediff.com10 Jun 2025

Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.

Tamil Nadu rakes in Rs 19,083 cr investment in 10 months

Tamil Nadu rakes in Rs 19,083 cr investment in 10 months

Rediff.com16 Dec 2019

At a time when investors are taking a "wait and watch" approach on fresh investment, Tamil Nadu in the past 10 months has signed 63 MoUs, enabling investment worth Rs 19,083 crore. After Palaniswami took over as chief minister in February 2017, cumulative FDI rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion by June this year. Thanks to the Tamil Nadu Business Facilitation Act, 2018, and the single window for applying and getting clearance for doing business, the ease of business issue has been addressed.

100% FDI in telecom sector gets govt nod

100% FDI in telecom sector gets govt nod

Rediff.com6 Oct 2021

The government on Wednesday notified its decision to permit 100 per cent foreign direct investment (FDI) under automatic route in the telecom services sector. In a press note, the Department for Promotion of Industry and Internal Trade (DPIIT) said foreign investment in telecom services will be subject to the condition of Press Note 3 of 2020. Accordingly, cases requiring prior government approval under the provisions of Press Note 3 will continue to be in place.

Travelling Abroad? Use Prepaid Forex Card

Travelling Abroad? Use Prepaid Forex Card

Rediff.com24 Oct 2024

Using credit or debit cards abroad can prove costly.

Update: How Chinese phones are doing in India

Update: How Chinese phones are doing in India

Rediff.com16 Oct 2017

Oppo is the second Chinese brand after Xiaomi to secure single-brand retail licence. Xiaomi has now 600 retail partners.

Govt to promote India as investment destination for startups

Govt to promote India as investment destination for startups

Rediff.com15 Mar 2016

The campaign will be launched in global as well as domestic markets across the media.

Investment proposals in reverse gear

Investment proposals in reverse gear

Rediff.com23 Feb 2016

In 2015, the Reserve Bank of India cut interest rates by 125 basis points to 6.75 per cent.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Prez makes strong pitch for India as investment destination

Prez makes strong pitch for India as investment destination

Rediff.com16 Oct 2014

The President said Indian economy grew at 5.7 per cent during the first quarter of 2014-15.

Is GeM a threat to Flipkart and Amazon?

Is GeM a threat to Flipkart and Amazon?

Rediff.com8 Nov 2019

Initially, private buyers will be able to make bulk purchases on Government e-marketplace, it will subsequently be broadened to small-ticket buying as well.

FDI rules fail to dampen online discount spirit

FDI rules fail to dampen online discount spirit

Rediff.com2 Apr 2016

Prominent e-commerce marketplace players include Amazon.in, Flipkart, Snapdeal, Paytm, Shopclues and Jabong

Draft ecommerce policy to ensure goods sold online meet standards

Draft ecommerce policy to ensure goods sold online meet standards

Rediff.com15 Mar 2021

Conformity assessment procedures will be put in place to verify that goods and services sold on e-commerce platforms meet required standards and technical regulations, according to the draft e-commerce policy. The policy, which is under discussion, also stated that actions and things which cannot be done by the online platform entities "can also not be done" by any of its associates and related parties. Government may, from time to time, notify parties which fall in the definition of associates and related parties, it said.

No more 'policy paralysis' in 2015, please: India Inc to govt

No more 'policy paralysis' in 2015, please: India Inc to govt

Rediff.com29 Dec 2014

The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.

Why every student should study abroad once in their lifetime

Why every student should study abroad once in their lifetime

Rediff.com16 Aug 2017

Presenting 6 incredible ways your life will change if you study abroad.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

FULL TEXT: President's address to Parliament

FULL TEXT: President's address to Parliament

Rediff.com29 Jan 2021

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.