China contributes over 80% of FDI pledges to Nepal

Jun 19 2018

China contributed to around 87 per cent of FDI commitments received by Nepal during the first 10 months of the current fiscal year, DoI said.

HDFC Bank welcomes government's approval to raise Rs 24,000 crore

Jun 14 2018

HDFC Bank welcomed the government's approval of Rs 24,000 crore foreign direct investment (FDI) into the bank.

FY18 current account deficit widens as trade deficit rises

Jun 13 2018

India's current account deficit (CAD) for 2017-18 has widened on the back of a higher trade deficit, Reserve Bank of India's (RBI) data showed.

Cabinet clears HDFC Bank's proposal to raise Rs 24,000 cr via FDI

Jun 13 2018

The government today gave approval to HDFC Bank to raise Rs 24,000 crore in foreign direct investment (FDI) to fund its business growth.

Traders to protest against Walmart-Flipkart deal on July 2

Jun 11 2018

CAIT said it will hold protests at 1,000 places across the country on July 2 against Walmart's proposed acquisition of 77 per cent stake in home-grown retailer Flipkart in a USD 16 billion deal.

Air Asia PMLA case: ED collects FDI approval documents

Jun 10 2018

ED has collected documents from the Commerce and Industry Ministry related to FDI clearances given to the airline.

Flipkart's ecosystem true advantage to Walmart: Official

Jun 10 2018

Walmart believes Flipkart's "ecosystem" of businesses, including Myntra-Jabong and PhonePe could be a "true advantage" for the US-based retail giant.

FDI in India rises to USD 61.96 bn in 2017-18: Govt

Jun 08 2018

Foreign direct investment in India increased to USD 61.96 billion in 2017-18, DIPP Secretary Ramesh Abhishek said.

FDI violation complaints are forwarded to right agencies: Prabhu

Jun 08 2018

Complaints related to alleged violation of FDI norms by e-commerce players are forwarded to Enforcement Directorate and RBI as they are the right agencies to look into them, Suresh Prabhu said.

Global FDI flows fell sharply in 2017: UNCTAD

Jun 07 2018

Global FDI flows fell by 23 per cent in 2017 to $1.43 trillion in contrast to the global accelerated growth in gross GDP and trade registered last year

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