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NEW DELHI: Govt has notified 40 items across six sectors, including rare earth permanent magnets, capital goods, polysilicon wafers, advanced battery components and electronic capital goods and components for expedited FDI clearance for proposals coming from countries that share land border with India, a move aimed at fast-tracking approvals from Chinese companies in select segments.Besides,…
The government has identified 40 sub-sectors, including rare earth magnets and printed circuit boards, for expedited clearance of foreign direct investment (FDI) proposals from countries sharing land borders with India, PTI reported.Under the revised framework, proposals from countries such as China, Pakistan, Bangladesh, Nepal, Bhutan, Myanmar and Afghanistan in these sectors will be processed within…
The Department for Promotion of Industry and Internal Trade (DPIIT) has issued an updated standard operating procedure (SOP) for processing foreign direct investment (FDI) proposals introducing a defined 12-week timeline and a fully paperless application system, PTI reported.Under the revised framework, decisions on FDI proposals will be taken within 12 weeks, excluding the time taken…
NEW DELHI: The Centre has notified two crucial changes to foreign direct investment rules — the first relating to flows from neighbouring countries such as China and the second allowing up to 100% investment in insurance business — as it seeks to step up inflows amid a weak rupee.Starting May 1, companies with up to…
The central government on Saturday announced 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing full foreign ownership in the sector. The move is expected to increase foreign participation in India’s insurance industry. Foreign investment in Indian insurance companies and intermediaries will now be allowed up to 100% of the paid-up…
NEW DELHI: India’s foreign direct investment (FDI) inflows may have crossed the $90 billion mark for the first time in 2025-26, secretary at department of promotion of industry and internal trade (DPIIT) Amardeep Singh Bhatia told reporters Thursday, while seeking to highlight that greater outreach to investors has borne fruit, with free trade agreements (FTAs)…
India’s total foreign direct investment (FDI) inflows are likely to cross $90 billion in 2025-26 after already surpassing $88 billion during April-February, a top government official said on Thursday.DPIIT Secretary Amardeep Singh Bhatia said the government had undertaken a series of policy measures to attract foreign investments into the country, PTI reported.He said that during…
NEW DELHI: Government may hike the foreign direct investment (FDI) limit in the pension sector to up to 100% and a Bill in this regard is expected in the next Parliament session, according to sources. This would align with the insurance sector where up to 100% FDI is permitted.Last year, Parliament approved a Bill to…
Kudankulam nuclear power plant NEW DELHI: India has moved closer to opening its nuclear power sector to foreign investment, with the Atomic Energy Commission approving a new foreign direct investment (FDI) framework, an official indicated.Speaking at a workshop in Delhi recently, Seema S Jain, member (finance) from the Department of Atomic Energy, said the policy…
Satellite internet provider Starlink’s plans to roll out satellite communication services in India have hit a regulatory roadblock, with the government adopting a cautious approach to clearing its foreign direct investment (FDI) proposal amid rising national security concerns.People familiar with the matter said the FDI application of the Elon Musk-owned company is currently on hold…
