Monday, 6 December, 2021
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The Maharashtra pavilion at the Dubai World Expo. | Twitter | @midc_india

Maharashtra signs 25 MoUs with companies of 6 countries at Dubai World Expo

Signed by Maharashtra Industrial Development Corporation, MoUs come with proposed investment of nearly Rs. 15,260 crore and potential to generate direct employment for 10,851 people.
Cellphone tower (representational image) | Pixabay

4-year moratorium, 100% FDI via automatic route: Cabinet approves major telecom reforms

Union minister Ashwini Vaishnav said 9 structural reforms were approved in the sector, adding these measures are expected to ease the cash flow issues being faced by some people.
Yahoo signage is displayed at the company's headquarters in Sunnyvale, California | Photo: Noah Berger | Bloomberg File photo

Yahoo shut down news websites in India due to new FDI regulations

The company said Yahoo account, mail and search will continue to operate. The new laws limit foreign investment in digital media companies to 26%.
A man talks on a mobile phone outside the Life Insurance Corporation of India (LIC) branch in Mumbai. Photographer: Himanshu Bhatt/NurPhoto/Getty Images via Bloomberg

India considers allowing foreign direct investment in IPO-headed LIC

The Modi-led central government is looking at the LIC IPO, slated to be India’s largest ever, to help narrow its budget gap to 6.8% of GDP in the year through March 2022.
Illustration: Ramandeep Kaur/ThePrint

India is walking on one leg because 1991 reforms missed banking & finance

Restrictions on banking led to limited capacity for new entrepreneurs to have access to resources. It allowed the old elite to continue dominating. This order must be shaken up now.

$97 mn in 1991 to $82 bn in 2021 — how reforms made India a go-to destination for FDI

Average yearly FDI inflows were at $63 bn during Modi govt tenure beginning 2014, compared to average annual inflow of $30 bn during 10 yrs of UPA.
UN logo

India fifth largest recipient of inflows in world with $64 billion FDI in 2020, says UN

The increase in FDI to 27% from $51 billion in 2019 was pushed up by acquisitions in the information and communication technology industry due to the pandemic, the UN report said.
Representational image | Photo: Dhiraj Singh | Bloomberg

India’s FDI inflow grew by 19% to $59.64 billion in 2020-2021, says commerce ministry

In terms of top investor countries, Singapore is at the top with 29 per cent share. It was followed by the US with 23 per cent and Mauritius with 9 per cent during the last fiscal.
Representational image of Indian currency

FDI equity inflows grow 28% to $54.18 billion during April-January

Ministry of Commerce and Industry says policy reforms, investment facilitation and ease of doing business resulted in the jump in FDI inflows.
Representative image | An employee counts rupee notes | Dhiraj Singh | Bloomberg

74% FDI in insurance: What this means for policy holders, Indian companies & promoters

Rajya Sabha Thursday cleared bill that allows more foreign investment flowing into India. Find out how this could change the industry, what are the safeguards for policy holders & more.
Illustration: Ramandeep Kaur | ThePrint

Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?

Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.