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Taking Indian economy to a higher growth trajectory
There is a need to continuously facilitate trade and industry and provide thrust to the growth promising sectors of Indian economy.
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Govt received maximum FDI proposals in electronics, IT, heavy industries and trade
Government approval is required from the countries sharing land border with India, for investments in any sector for FDI proposals.
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Tesla plans fully-owned retails outlets in India
Globally, Tesla has set up its own retail outlets rather than going for a dealer network. It also sells online.
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FDI equity inflows up 168% to $17.57 billion in April-June
Karnataka is the top recipient state during April-June 2021, with a 48% share of the total FDI equity inflows
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Industry needs to increase risk taking appetite: PM Modi
Prime Minister Modi said that taking reforms is a matter of conviction for the government, which is ready to take all risks in the national interest
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Belated, but a balm indeed
Overnight, the decision removes the nagging spectre from the minds of prospective foreign investors about the ease of doing business in India
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Govt okays 100% FDI in state-owned oil companies
Decision paves way for BPCL divestment as all companies that have submitted EoIs have foreign interest
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FDI inflows doubles to $18.3 billion in April-May, thanks to big-ticket IPOs
India has emerged as a stable destination for FDI and was even among the top five nations to attract such investments in the pandemic year
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E-tailers fear draft law may lead to price hike
As the country is trying to recover from damages caused by second wave of Covid-19, this could have a negative impact on such enterprises, they said
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Govt may extend scheme for investment promotion
The expenditure finance committee has approved the proposal for extension of the scheme with a nod awaited from the cabinet
