FDI growth in India grew 15% to $26 billion

Foreign direct investment into India grew 15 percent to $26 billion during the first half of the current financial year, according to government data. Inflow of foreign direct investment (FDI) during April-September of 2018-19 stood at $22.66 billion. Sectors, which attracted maximum foreign inflows during April-September 2019-20, include services ($4.45 billion), computer software and hardware ($4 billion), telecommunications ($4.28 billion), automobile ($2.13 billion) and trading ($2.14 billion), the commerce and industry ministry data showed. Continue Reading

Foreign direct investment inflows fall 7% to $33.5 bn in Apr-Dec: Report

The reversal may indicate that investors are being deterred by the government’s recent protectionist policies and uncertainty about this year’s general election result. Continue Reading

E-commerce firms to seek extension of 1 Feb deadline

The government had yesterday clarified that it has not barred online marketplaces like Flipkart and Amazon from selling products of companies where they hold stakes and banned exclusive marketing arrangements that could influence product price. Continue Reading