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.
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.
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.
Explaining the decision Thursday, Nirmala Sitharaman said insurance companies are facing liquidity pressure and the higher limit would help meet the growing capital requirement.
Within the space of 48 hours, Modi projected himself as a strong leader who attacks the opposition with fury & a sensitive statesman moved to tears by compassion.
Whatever Meena Harris, Rihanna or Greta Thunberg may say, they are not coming here to fight on behalf of a weak and supine opposition. Modi knows that.
Finance Minister Nirmala Sitharaman proposed to amend the Insurance Act 1938 to allow this increase and allow foreign ownership and control with safeguards.
From Sam Pitroda talking about inheritance tax to Goan candidate saying the Indian Constitution was 'forced' on Goa, Congress has been having its own foot-in-the-mouth moments.
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
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