India Foreign Investers

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.

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,

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.

Union Minister of Commerce and Industry, Piyush Goyal, declared that the H1B visa issue is now "a thing of the past" during a meeting at Vanijya Bhavan, New Delhi.

A police case has been filed against an Indian Foreign Service (IFS) officer and her husband for allegedly duping a doctor of over Rs 64 lakh on the pretext of investment, police said on Friday.

Maharashtra has topped in attracting the highest Foreign Direct Investment (FDI) during the first quarter of the current financial year 2024-2025.

India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.

Prime Minister Narendra Modi will be on an official visit to Singapore on September 4, 5 to further strengthen bilateral ties between the two nations.

Singapore Airlines on Friday said it has received approval from the Indian government for the foreign direct investment as part of the proposed merger of Vistara with Air India, a deal that will create one of the world's largest airline groups.

Increased foreign direct investment inflows from China can help increase India's global supply chain participation and push exports, says the Economic Survey.

Maintaining consistency in attracting foreign investment inflows, India has received a total foreign direct investment (FDI) inflow of USD 70.9 billion in the financial year 2023-24.

India received the highest foreign direct investment (FDI) from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5 per cent due to global economic uncertainties, according to the latest government data.

Indian economy's growth rate projection for this year has been raised by 0.7 per cent to 6.9 per cent from the forecast made in January by the UN and it retains its position as the world's fastest-growing large economy.

From fried snacks to local sweet delicacies, family-run snack maker Haldiram's has long been one of the country's most popular food brands. Now, foreign investors like Blackstone and Abu Dhabi Investment Authority want a big bite of it.

The government has notified amendments to the foreign direct investment policy in the space sector to attract offshore investors in satellite manufacturing and satellite launch vehicles segments.

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.

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,

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.

Union Minister of Commerce and Industry, Piyush Goyal, declared that the H1B visa issue is now "a thing of the past" during a meeting at Vanijya Bhavan, New Delhi.

A police case has been filed against an Indian Foreign Service (IFS) officer and her husband for allegedly duping a doctor of over Rs 64 lakh on the pretext of investment, police said on Friday.

Maharashtra has topped in attracting the highest Foreign Direct Investment (FDI) during the first quarter of the current financial year 2024-2025.

India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.

Prime Minister Narendra Modi will be on an official visit to Singapore on September 4, 5 to further strengthen bilateral ties between the two nations.

Singapore Airlines on Friday said it has received approval from the Indian government for the foreign direct investment as part of the proposed merger of Vistara with Air India, a deal that will create one of the world's largest airline groups.

Increased foreign direct investment inflows from China can help increase India's global supply chain participation and push exports, says the Economic Survey.

Maintaining consistency in attracting foreign investment inflows, India has received a total foreign direct investment (FDI) inflow of USD 70.9 billion in the financial year 2023-24.

India received the highest foreign direct investment (FDI) from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5 per cent due to global economic uncertainties, according to the latest government data.

Indian economy's growth rate projection for this year has been raised by 0.7 per cent to 6.9 per cent from the forecast made in January by the UN and it retains its position as the world's fastest-growing large economy.

From fried snacks to local sweet delicacies, family-run snack maker Haldiram's has long been one of the country's most popular food brands. Now, foreign investors like Blackstone and Abu Dhabi Investment Authority want a big bite of it.

The government has notified amendments to the foreign direct investment policy in the space sector to attract offshore investors in satellite manufacturing and satellite launch vehicles segments.