Topics: FDI

FCC suggested Ministry of Finance to allow 74% FDI insurance sector

The Union Finance Minister Nirmala Sitharaman on Monday announced an increase in Foreign Direct Investment (FDI) limit in the insurance sector from 49% to...

ICICI Bank launches ‘Infinite India’ initiative for foreign business in India

ICICI Bank has announced the launch of 'Infinite India,' an online platform for foreign companies who are looking to establish or expand business in...

Prime Minister Modi, “India received record high FDI during the pandemic”

Speaking at the ASSOCHAM Foundation Week 2020 on Saturday, Prime Minister Narendra Modi said, "During the pandemic, India received a record high Foreign Direct...
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CAIT calls Amazon, Flipkart as 'Economic terrorists'

Traders' body CAIT on Sunday lashed out at e-commerce majors Amazon and Flipkart, calling them "economic terrorists," and demanded that the government take action...

India’s forex reserves increase by $441 million to a new lifetime high of $448.2 billion

India's forex reserves rose by $441 million to a fresh lifetime high of $448.249 billion in the week to November 15 on an increase...

India, US optimistic about inking trade deal before year-end: Senior Indian Diplomat

India and the US are “quite optimistic” that they will ink a trade deal before the end of this year, a senior Indian diplomat...
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CCI approves Amazon’s acquisition of 0.51% equity shares in Quess Corp

Fair trade regulator Competition Commission of India (CCI) on Monday said it has cleared the acquisition of equity share capital of Quess Corp by...

Amazon acquires 49 percent shares in Witzig Advisory services

One of the world's largest E-commerce giant, Amazon Inc has acquired the 49% of the shares in Witzig Advisory Services, which also owes 'More...

Enforcement Directorate to investigate if Amazon, Flipkart violated foreign exchange law

Investigation has been initiated against e-commerce giants Amazon and Flipkart for alleged violation of foreign exchange law, the Enforcement Directorate (ED) Monday informed the...
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ED investigates Philip Morris International and Godfrey Philips on violation of Country’s laws charge

The Enforcement Directorate (ED) is investigating Philip Morris International Inc and its Indian partner Godfrey Phillips for alleged violation of the country's laws, a...

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