India May Raise Insurance FDI Cap to 100% and Allow Composite Licenses
India plans to increase the insurance sector’s foreign direct investment (FDI) cap from 74% to 100%. This proposal is part of a broader set of...
Tag : foreign direct investment (FDI)
Foreign Investors Withdrew a Record USD 15 Billion from China Amid Economic Pessimism
Foreign investors withdrew a record USD 15 billion from China last quarter due to concerns about the country’s economy. This reflects the deep pessimism about...
Foreign Direct Investment: A Catalyst for Global Economic Growth
Foreign Direct Investment (FDI) is a powerful driver of economic growth, fostering international collaboration and opening new avenues for development. This article delves into the...
Sri Lanka Wants More Than $1 Billion in Foreign Investment in 2022
Sri Lanka aims to attract more than $1 billion in Foreign Direct Investment (FDI) this year. The country is facing its worst financial crisis since...
Govt Modifies FEMA Rules To Allow 20% FDI In LIC
The government has amended the Foreign Exchange Management Act (FEMA) rules, paving the way for up to 20 per cent foreign direct investment by insurance...
FDI Expected to Reach $100 Billion in 2022-23, Says PHDCCI
According to the PHD Chamber of Commerce and Industry (PHDCCI), India is expected to attract $100 billion in foreign direct investment (FDI) in 2022-23 due...
Chennai Declared World’s Cheapest FDI Location For Electronics R&D
In a significant boost to the Tamil Nadu government’s push for new investments, Chennai was ranked as the world’s cheapest Foreign Direct Investment (FDI) location...
Bill to Increase FDI in Insurance Sector Gets Approved by Parliament
A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with...
FM Sitharaman Proposes to Increase FDI Limit in Insurance to 74%
The Government has finally paved the wave for a higher inflow of capital in the insurance sector. Finance Minister Nirmala Sitharaman, presenting the Union Budget 2021,...
Singapore, US Biggest FDI Source for India During April-September 2020
According to the commerce and industry ministry, US emerged as the second biggest source of foreign direct investment (FDI) into India, replacing the Mauritius, during the first half of...