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India Received an FDI of 1.81 Billion Dollars from China During April 2014-2019: Piyush Goyal

India Received an FDI of 1.81 Billion Dollars from China During April 2014-2019: Piyush Goyal

India has received foreign direct investment of USD 1.81 billion from China during the period of April 2014 to April 2019. Sectors receiving the highest foreign investment equity inflows from China during this period include the automobile industry with USD 876.73 million, electrical equipment with USD 152.5 million, and services sector with inflows amounting to USD 127 million. These figures were provided by the Commerce and Industry Minister Piyush Goyal in a written reply to the Rajya Sabha. According to…

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Finance Minister proposes facilitating FDI policies to spur economy in Budget 2019

Finance Minister proposes facilitating FDI policies to spur economy in Budget 2019

Nirmala Sitharaman presented the first budget of Modi 2.0 government. She became the second female Finance Minister after Indira Gandhi to present the budget today. Finance Minister Nirmala Sitharaman, presenting her first Union Budget on Friday said that the government will consider further liberalizing foreign direct investment in aviation, media, animation, and the insurance sector in consultation with stakeholders. In her speech she announced that the government will allow 100 per cent foreign direct investment for insurance intermediaries, while also…

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FDI Equity Inflows In India Grew 6 Per Cent In 2018 To USD 42 Bn: UN Report

FDI Equity Inflows In India Grew 6 Per Cent In 2018 To USD 42 Bn: UN Report

As per a UN report, India ranked amongst the top 20 host economies for foreign direct investment inflows in the period of 2017-18. According to this report, FDI inflows into the country grew by 6 per cent to US 42 billion in 2018, with significant inflows in the manufacturing, communication, and financial services sectors, and cross border mergers and acquisition activities. The World Investment report 2019, released by the United Nations Conference on Trade and Development (UNCTAD) said that global…

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How Does Foreign Direct Investment Help Indian Economy?

How Does Foreign Direct Investment Help Indian Economy?

Foreign direct investment is a crucial driving force of economic growth and development of the country. It plays a significant role where domestic savings are not sufficient to generate funds for capital investments. Yes, FDI supplements the investment requirements of an economy, but it does more than that. Foreign investment also brings with it new technology, expertise, knowledge, and adds to foreign exchange reserves. Foreign investment equity inflows are particularly valuable to developing economies, as compared to the developed economies….

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