India’s outward FDI rises to $3.05 billion in Feb
However, sequentially, the figure jumped by 38.4 per cent from $2.19 billion in January 2024, the figures showed.
However, sequentially, the figure jumped by 38.4 per cent from $2.19 billion in January 2024, the figures showed.
On the basis of the review, the government has made amendments under para 5.2.12 of the Consolidated FDI Policy Circular of 2020, as amended from time to time (FDI Policy).
In a bold move signalling a paradigm shift in its approach to space exploration, India has opened its doors wider to the global space industry.
Indian rocket and satellite makers and their lobby bodies have welcomed the amended FDI norms while expecting further liberalisation after some years.
In comparison, for the year 2022, FDI in India stood at USD 29.11 billion, with FDI by India reaching USD 9.35 billion during the same April-November period.
The net Foreign Direct Investment (FDI) flowing into India reached a 21-month high in October reflecting the strengthening fundamentals of the economy, according to data compiled by the RBI.
PM Modi was speaking after inaugurating the second edition of the mega food event ‘World Food India 2023’ at Bharat Mandapam here.
Recent data showing a 34 per cent drop in FDI equity inflows to India during the June quarter compared to…
Media reports over the past week have quoted Karnataka’s Deputy Chief Minister DK Shivakumar as having said he lacks funds to pursue development projects after the state government fulfilled the Congress party’s five poll promises which are thought to have been instrumental in helping it to a famous victory in the Assembly election.
In the last decade or so, there has been a renewed urge to implement the reform process. India has reaffirmed its policy to follow fiscal prudence, with a new time path for reducing the national fiscal deficit to 3 per cent of GDP.