The federal government on Friday permitted cross border share swaps. Additionally, it has harmonised the definition of Begin-Up Firm in Overseas Change Administration guidelines, beside permitting 100 per cent Overseas Direct Funding (FDI) in white stage ATM. These modifications are results of FY 2024-25 Union Funds announcement, the place Finance Minister Nirmala Sitharaman talked about … Read more
The Division for Promotion of Trade and Inside Commerce (DPIIT) might take a relook on the FDI restrictions at present imposed on China as a part of its general evaluate of the nation’s FDI coverage. Stakeholder consultations are nonetheless on and a last resolution is but to be taken, sources have mentioned. Additionally learn: Photo … Read more
Retained as Commerce and Business Minister within the Modi 3.0 authorities, Piyush Goyal has his process reduce out with a number of free commerce agreements (FTAs) underneath negotiations, exporters looking for help to attain the $2-trillion items and companies export goal for 2030, and Western nations, particularly the EU, developing with new environment-related restrictions such because … Read more
Internet overseas direct funding (FDI) inflows for fiscal 12 months 2024 falling to the bottom degree since 2007, at $10.6 billion has raised issues about MNCs and overseas buyers shifting out of India. However a businessline evaluation reveals that the excessive repatriation numbers are primarily led by overseas promoters, FDI buyers and PE and VC … Read more
The federal government had pledged to allocate 25 per cent of the R&D finances for personal trade in defence manufacturing within the 22–23 finances. Regardless of this promise, 25 months later, the fund has not been made accessible to the trade which is vital to massive ticket improvements in strategic area. On this State of … Read more
International Direct Funding (FDI) influx into the nation within the 2014-23 interval doubled to $596 billion, in comparison with the inflows in 2005-13, whereas the main target of the bilateral funding treaties being negotiated with international companions is now on `first develop India’, Finance Minister Nirmala Sitharaman pointed in her Funds speech for 2024-25. Additionally … Read more