Overdue FDs to earn less as RBI tweaks norms

Deposits are classified as unclaimed by RBI if the customer doesn’t make any transaction in the account for 10 years or more.

published on : 6th July 2021

‘Clarity on FDI in e-commerce soon’: Union Minister Piyush Goyal

The development comes in the backdrop of various complaints by domestic traders’ body like CAIT against e-commerce giants such as Amazon, Flipkart and others. 

published on : 3rd July 2021

Government to come out with certain clarifications on FDI in e-commerce, says Piyush Goyal

The statement assumes significance as the minister recently stated that many large online firms have come into India and "very" blatantly flouted the laws.

published on : 2nd July 2021

Government mulls 100 per cent FDI in oil PSUs headed for divestment

Officials claimed that the move was initiated on the suggestion of the petroleum ministry.

published on : 22nd June 2021

India received USD 64 billion FDI in 2020, fifth largest recipient of inflows in world: UN

Lockdowns caused by COVID-19 around the world slowed down existing investment projects, and prospects of a recession led multinational enterprises to reassess new projects.

published on : 21st June 2021

DPIIT notifies 74 per cent FDI cap in insurance sector under automatic route

According to a press note issued by the department, the decision will take effect from the date of FEMA notification.

published on : 16th June 2021

Govt considering FDI policy tweak to facilitate BPCL privatisation

The government is privatising BPCL and is selling its entire 52.98 per cent stake in the company.

published on : 28th May 2021

Healthy FDI inflow corroborates India's status as preferred investment destination: CII

Total FDI including equity, re-invested earnings and capital, rose 10 per cent to the highest ever at USD 81.72 billion during the last fiscal year.

published on : 25th May 2021

FDI jumps 19 per cent to USD 59.64 billion 2020-21: Government data 

In terms of top investor countries, Singapore is at the top with 29 per cent share. It was followed by the US (23 per cent) and Mauritius (9 per cent) during the last fiscal.

published on : 24th May 2021

Are record FDI inflows a cause for celebration?

Looking beyond the Reliance deals, we need to ask whether FDI inflows during April to Dec 2020-21 are in sync with development priorities set by GoI.

published on : 17th May 2021

Government may hike FDI limit in pension sector to 74 per cent; Bill likely in monsoon session

The Insurance Act, 1938 was last amended in 2015 which raised FDI limit to 49 per cent, resulting in foreign capital inflow of Rs 26,000 crore in the last 5 years.

published on : 12th April 2021

‘Reading opens up a world of imagination’, says founder, CEO of FDI India Vishal Yadav

Yadav completed his master’s in Finance Management from M.S. Ramaiah Institute of Management, Bengaluru and established FDI in 2015.

published on : 11th April 2021

Benny Safdie, Rachel McAdams join adaptation of Are You There God?

Written and directed by Kelly Fremon Craig, the movie will also feature Ant-Man star Abby Ryder Fortson and Oscar winner Kathy Bates.

published on : 9th April 2021

Higher FDI in insurance to benefit policyholders

Policyholders, they say, will get a wider choice, access to more innovative products, and a better customer service and claims settlement experience.

published on : 29th March 2021
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