scorecardresearch
Tuesday, April 23, 2024
TopicForeign investment

Topic: foreign investment

Why FDI in India is lowest in 16 yrs — no real ease of doing business, ill-considered treaty moves

As percentage of GDP, gross & net FDI are lowest since mid-2000s. ‘Rigidities’ in doing business here, and India’s decision to terminate bilateral treaties are to blame, analysts say.

BBC says it won’t be parent of Collective Newsroom, entity set up in restructuring of India ops

Under lens for alleged FDI violations, BBC announced Wednesday it will restructure its India ops to comply with foreign investment rules. The new entity set up is called Collective Newsroom.

India needs FDI reform to renew investor confidence now. Don’t wait till after 2024 election

These are not “normal times”. As countries focus on decoupling from China, and de-risking their supply chains, India should present itself as a new market for investors.

Global accounting firms set up shop in smaller Indian cities as demand grows

A report by Ernst & Young in June said it expects multinationals to set up 'global capability centres' for all types of industries in tier-2 cities such as Jaipur, Vadodara, Kochi.

India received 3rd highest FDI in the world in 2022, report by UN body finds

UN Conference on Trade and Development report also found that Indian companies were increasingly investing in new projects abroad, with such outward investment tripling in 2022.

World Bank approves $1.5 billion financing to boost India’s low-carbon energy sector

The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments.

US semiconductor giant Micron to invest $825 mn for assembly, test facility in Gujarat

While the total investment in the plant is expected to be USD 2.75 billion, Micron’s investment will be up to USD 825 million over the two phases of the project, and the remaining amount will be funded by the Centre and the State government.

UK’s abrdn exits HDFC Asset Management in $432 million stake sale

British asset manager abrdn plc, sold its entire 10.2% stake worth 35.47 billion rupees in the HDFC group.

Reliance likely to raise up to $2 billion to fund expansion, says Bloomberg News

The group is reportedly in talks with Bank of America, Citigroup and Standard Chartered among others for loan to fund the expansion of its oil-to-telecom conglomerate.

Against Adani-Hindenburg saga backdrop, SEBI proposes tighter rules for foreign investors

Markets regulator proposes additional disclosure requirements for ‘high-risk’ foreign portfolio investments & stricter rules for companies registered in neighbouring countries.

On Camera

Influencer is a real job. They are shaking up the internet

The reach and impact of influencers are so significant that even politicians such as Prime Minister Narendra Modi have recognised their value—the National Creators Award is proof.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

‘No brides for Agniveers’: In Rajasthan’s ‘Shaheedon ki nagri’, few takers for defence coaching centres

Coaching centres for Army aspirants in Jhunjhunu are shutting down due to plummeting admissions in the face of a lack of job guarantees under Agnipath Scheme.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.