New Delhi, July 23 (IANS) The government on Thursday allowed foreign direct investment (FDI) in the inventory-based model of e-commerce exclusively for exports, a move aimed at boosting outbound shipments of Indian-made products by providing domestic sellers easier access to global markets without affecting the interests of small retailers.The Department for Promotion of Industry and Internal Trade (DPIIT), in a Press Note, said it has reviewed the existing FDI policy to facilitate greater expor…
Latest FDI News & Updates
New Delhi, July 23 (IANS) Amid global uncertainties, India remains among the fastest growing major economies across the globe and has been able to sustain the momentum in economic activities through June, and both industrial and services sector indicators remained firm in India, according to the Reserve Bank of India (RBI).The farm sector is witnessing uneven southwest monsoon, but the impact on food inflation may be mitigated by comfortable foodgrain stocks. “The momentum of external trade su…
New Delhi, July 20 (IANS) Foreign portfolio investment (FPI) flows into India are expected for a rebound in FY27 marking an improvement from the $16 billion outflow recorded in FY26, a report said on Monday.The net FDI is expected to rise from $7 billion in FY26 to $15 billion in FY27, supported by healthy growth in gross inflows and an expected moderation in growth of repatriation outflows, the report from CareEdge Ratings said.Gross foreign direct investment (FDI) rose 18 per cent year‑on‑…
Raipur/New Delhi, July 17 (IANS) The Enforcement Directorate (ED), Raipur Zonal Office, has arrested EBIX Group Chairman Vikas Garg, a key figure in the illegal online betting syndicate linked to Mahadev Online Book and Skyexchange, for allegedly laundering massive proceeds of crime. Garg was arrested on July 14, 2026, in New Delhi under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002, the agency said in a statement. He was produced before the Special PMLA Court in New Delhi, w…
New Delhi, July 17 (IANS) India’s balance of payments (BoP) is expected to move to a surplus in FY27 after two consecutive years of deficits as net foreign direct investment and other capital inflows strengthen, a report has said.The report from Care Edge Ratings said net FDI is expected to improve to $15 billion in FY27 from $6.9 billion in FY26, supported by stronger gross FDI inflows and some tapering of repatriation.Further, concessional swap windows for FCNR(B) deposits, External Commerci…
Bhubaneswar, July 2 (IANS) The Rs 1.08 lakh crore ($11.5 billion) integrated greenfield aluminium project in Odisha, a 50:50 joint venture between Adani Enterprises Limited (AEL) and Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, is expected to be Odisha’s largest foreign direct investment (FDI) proposal and India’s largest FDI in the metallurgy sector, it was announced on Thursday.The greenfield project will be developed in two phases with investments of Rs 66,000 …
Mumbai, June 30 (IANS) Insurance Regulatory and Development Authority of India (IRDAI) Chairperson Ajay Seth on Tuesday said that the regulator will soon issue fresh guidelines for banks to stop miss-selling of insurance products.Addressing the media at an event here, IRDAI chief stated that the ‘Bima Sugam’ platform is likely to be launched by September this year covering motor, health and term insurance. The website will kickstart with motor insurance, then move on to health and eventually…
New Delhi, June 29 (IANS) Pakistan’s investment-to-GDP ratio has fallen to a historic low of 13.1 per cent in 2024 from an average of around 18 per cent over nearly four decades, while foreign direct investment (FDI) has halved to 0.5 per cent of GDP, a report has said.According to an analysis published in Dawn, the country’s declining investment reflects a widening disconnect between its ambitious economic targets and the policy environment.Pakistan’s investment-to-GDP ratio declined from 17.2 …
New Delhi, June 29 (IANS) India’s airport infrastructure sector is expected to garner investments of up to Rs 4.2 lakh crore by 2029, a report said on Monday.The estimation includes Rs 3.7 lakh crore based on the value of projects announced and under implementation as of FY26 and project value likely to be commissioned by 2029 at nearly Rs 0.5 lakh crore, the report from Brickwork Ratings.After robust operating revenue growth in FY26 over record passenger traffic and tariff hikes, the revenue …
Mumbai, June 23 (IANS) India has made significant progress across several sectors over the past 12 years, but the country must become more globally competitive to achieve its ambition of becoming a $10 trillion economy, Confederation of Indian Industry (CII) President R. Mukundan said on Tuesday.In an interaction with IANS, Mukundan said India has witnessed substantial improvements in infrastructure sectors such as power, logistics, railways, ports and shipping. However, he stressed that the cou…