foreign direct investment

Gandhinagar, April 10 – Gujarat has taken a step to further strengthen its collaboration with Taiwan in advanced manufacturing, with the signing of a Memorandum of Understanding (MoU) to establish an India-Taiwan Industrial Park in the Sanand–Dholera region, officials said on Friday.The...

Ahmedabad, April 10 The Gujarat government signed a memorandum of understanding (MoU) with Taiwan-based Allegiance International Co Ltd on Friday to develop an Indo-Taiwan Industrial Park in the Sanand-Dholera region, aimed at boosting investments in semiconductors and related sectors.The...

Washington, April 10 – The United States must deploy its private sector more aggressively across global markets to counter China’s expanding footprint, Deputy Secretary of State Christopher Landau said, calling commercial diplomacy a “key foundation” of American foreign policy.Framing economic...

Mumbai, April 8 – Vietnam's VinGroup Joint Stock Company pledged an investment of nearly $8.5 billion (Rs 71,000 crore) in Maharashtra on Wednesday.The investment will focus on sustainable urban development, industrial and tourism growth, renewable energy, and electric mobility.The MoU was...

Johannesburg, March 31 South African President Cyril Ramaphosa announced an ambitious initiative to attract investment of around USD 60 million over the next two years at the 6th edition of the annual South Africa Investment Conference in Johannesburg on Tuesday."Investment conferences such as...

New Delhi, March 24 The private sector's capital expenditure on acquiring new assets is estimated to decline by 16.5 per cent to Rs 9.55 lakh crore in 2026-27, according to a government survey.According to the survey released by the Ministry of Statistics & Programme Implementation, the...

Mumbai, March 23 Amendments to the 'Press Note 3' by the government will help China increase its share in the overall foreign direct investments attracted by India to 2 per cent levels, a report said on Monday."The change in the rule is expected to increase the share of Chinese funds in...

New Delhi, March 18 Diversified gaming and sports media firm Nazara Technologies said on Wednesday that its UK-based subsidiary will acquire a 50 per cent controlling stake in Spanish social gaming platforms Bluetile Games and BestPlay Systems for USD 100.3 million (about Rs 918 crore).Of the...

New Delhi, March 16 The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified changes in the FDI policy to allow overseas companies with Chinese shareholding of up to 10 per cent to invest in India under the automatic route.These investments will be subject to...

Mumbai, March 13 Maharashtra Industries Minister Uday Samant on Friday said that Rs 12,000 crore from the fixed deposits of the Brihanmumbai Municipal Corporation (BMC) was allocated for infrastructure development, emphasizing the government's commitment to transparency and efficient...

Beijing, March 12 India's Consul General in Shanghai, Pratik Mathur, met with Carrie Suen, Vice President and Head of Global Affairs and Strategic Development at AntGroup, on Thursday, and discussed new opportunities for collaboration in various sectors.AntGroup is one of China's leading...

New Delhi, March 12 BJP MP Jagdambika Pal said on Thursday that the Modi government has shown foresight in proposing a Rs 1 lakh crore Economic Stabilisation Fund, which will act as a shield against future shocks.Participating in a discussion on the second batch of Supplementary Demands for...

Amaravati, March 11 Andhra Pradesh IT Minister Nara Lokesh on Wednesday criticized YSRCP supremo YS Jagan Mohan Reddy, accusing him of "repeatedly obstructing" development and employment opportunities in the state.The IT Minister's comments came after YSRCP MP M Gurumurthy filed a Public...

New Delhi, March 11 Overseas companies with Chinese shareholding of up to 10 percent will be eligible to invest in India under the automatic route across sectors; however, the relaxed FDI norms will not apply to entities registered in China/Hong Kong or other countries sharing land borders with...

New Delhi, March 11 The government's decision to ease norms for FDI from China and other countries sharing land borders with India strikes a pragmatic balance between attracting capital, protecting strategic interests, and supporting supply-chain integration and access to advanced technologies...

Mumbai, March 11 – Chief Minister Devendra Fadnavis announced on Wednesday that Maharashtra will become the first state to achieve a $1 trillion economy by 2029 and a $5 trillion economy by 2047.He stated that the state's economy is currently worth $660 billion in 2025-26, and it needs to add...

The government in New Delhi has eased foreign direct investment (FDI) norms for China and other countries sharing land borders with India, allowing overseas firms with up to 10% ownership from these nations to invest in the country without mandatory approval. Previously, firms with shareholders...

New Delhi, March 10 The government eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said.They said that Press Note 3 of 2020 has been amended in this regard.The decision was taken in a meeting of the Union Cabinet...

New Delhi, March 10 The government on Tuesday eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said.They said that Press Note 3 of 2020 has been amended in this regard.The decision was taken in a meeting of the Union...

New Delhi, March 7 Companies from Iceland are keen to enhance collaborations with Indian firms in sectors such as fisheries, clean energy, and innovation, leveraging the recently implemented free trade agreement between India and the EFTA bloc, an official said.India and the European Free...