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India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
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List Of 12 Top 'Golden Visas' Across The World: Where Would US Rank?
US President Donald Trump has proposed a new visa scheme in which a $5 million investment could get a foreigner a "gold card" residency permit.
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India Pegged As Top Source Market For London's Ambitious New 'Growth Plan'
London has unveiled an ambitious new 'growth plan' to provide an estimated 27 billion pounds extra tax revenue to fund vital public services in London, with India pegged as its number one source market in terms of foreign direct investment (FDI).
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ED Says Paytm Violated Foreign Exchange Rules
The Enforcement Directorate (ED) said that Paytm had made a foreign investment in Singapore and did not file the necessary reporting to the Reserve Bank of India (RBI).
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BBC World Service India Fined Rs 3.44 Crore For Foreign Exchange Violation
The Enforcement Directorate levied a penalty on BBC World Service India for alleged contravention of foreign direct investment regulations.
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How To Get Private Sector To Invest In Capex? Nirmala Sitharaman Answers
The centre is creating an ecosystem for domestic and foreign investment, underscored Finance Minister Nirmala Sitharaman, urging the private sector to reciprocate.
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NHRC Faults Probe of Foxconn Hiring, Orders New Inquiry
The National Human Rights Commission (NHRC) has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn. An undated NHRC case status document shows Tamil Nadu labor officials told the commission on July 5 that 6.7 percent of the 33,360 women working at the Foxconn plant were married, without...
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India's FDI Hits $1,000 Billion Since Turn Of Century. Biggest Investor Is...
This week India crossed a major milestone as a top global investment destination. Latest data reveals that Foreign Direct Investment into India crossed a thousand-billion-dollar mark since the turn of the century.
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India's FDI Inflow Reaches $1 Trillion After 26% Rise In 1st Half Of FY25
A nearly 26 per cent rise in FDI to USD 42.1 billion during the first half of the current fiscal year 2024-25 helped India's gross foreign direct investment (FDI) inflows reach an impressive USD 1 trillion since the start of this century.
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India's Food Processing Sector Draws $368 Million FDI Between April and September
The numbers were shared by the Minister of State for Food Processing Industries, Ravneet Singh Bittu, in a written reply to the Lok Sabha.
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Chargesheet Filed Against Foreign Service Officer In Money Laundering Case
The Enforcement Directorate on Wednesday said it has filed a chargesheet against Indian Foreign Service officer Neeharika Singh, her husband, and his companies as part of an alleged investment fraud linked money laundering case.
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Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
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Probe Agency Searches Amazon Vendors Over Foreign Exchange Violation: Report
The Enforcement Directorate Thursday conducted searches against some of the "main vendors" operating on platforms of e-commerce giants Amazon and Flipkart as part of a foreign direct investment "violation" investigation, official sources said.
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Canada Orders Shutdown of TikTok's Business in Country, App Access to Continue
Under Canadian law, the government can assess potential risks to national security from foreign investments, such as the TikTok proposal. The law prevents the government from revealing the details of such investments.
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India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
-
List Of 12 Top 'Golden Visas' Across The World: Where Would US Rank?
US President Donald Trump has proposed a new visa scheme in which a $5 million investment could get a foreigner a "gold card" residency permit.
-
India Pegged As Top Source Market For London's Ambitious New 'Growth Plan'
London has unveiled an ambitious new 'growth plan' to provide an estimated 27 billion pounds extra tax revenue to fund vital public services in London, with India pegged as its number one source market in terms of foreign direct investment (FDI).
-
ED Says Paytm Violated Foreign Exchange Rules
The Enforcement Directorate (ED) said that Paytm had made a foreign investment in Singapore and did not file the necessary reporting to the Reserve Bank of India (RBI).
-
BBC World Service India Fined Rs 3.44 Crore For Foreign Exchange Violation
The Enforcement Directorate levied a penalty on BBC World Service India for alleged contravention of foreign direct investment regulations.
-
How To Get Private Sector To Invest In Capex? Nirmala Sitharaman Answers
The centre is creating an ecosystem for domestic and foreign investment, underscored Finance Minister Nirmala Sitharaman, urging the private sector to reciprocate.
-
NHRC Faults Probe of Foxconn Hiring, Orders New Inquiry
The National Human Rights Commission (NHRC) has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn. An undated NHRC case status document shows Tamil Nadu labor officials told the commission on July 5 that 6.7 percent of the 33,360 women working at the Foxconn plant were married, without...
-
India's FDI Hits $1,000 Billion Since Turn Of Century. Biggest Investor Is...
This week India crossed a major milestone as a top global investment destination. Latest data reveals that Foreign Direct Investment into India crossed a thousand-billion-dollar mark since the turn of the century.
-
India's FDI Inflow Reaches $1 Trillion After 26% Rise In 1st Half Of FY25
A nearly 26 per cent rise in FDI to USD 42.1 billion during the first half of the current fiscal year 2024-25 helped India's gross foreign direct investment (FDI) inflows reach an impressive USD 1 trillion since the start of this century.
-
India's Food Processing Sector Draws $368 Million FDI Between April and September
The numbers were shared by the Minister of State for Food Processing Industries, Ravneet Singh Bittu, in a written reply to the Lok Sabha.
-
Chargesheet Filed Against Foreign Service Officer In Money Laundering Case
The Enforcement Directorate on Wednesday said it has filed a chargesheet against Indian Foreign Service officer Neeharika Singh, her husband, and his companies as part of an alleged investment fraud linked money laundering case.
-
Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
-
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
-
Probe Agency Searches Amazon Vendors Over Foreign Exchange Violation: Report
The Enforcement Directorate Thursday conducted searches against some of the "main vendors" operating on platforms of e-commerce giants Amazon and Flipkart as part of a foreign direct investment "violation" investigation, official sources said.
-
Canada Orders Shutdown of TikTok's Business in Country, App Access to Continue
Under Canadian law, the government can assess potential risks to national security from foreign investments, such as the TikTok proposal. The law prevents the government from revealing the details of such investments.
