Minister of State for Commerce Nirmala Sitharaman, said that since the launch of the ‘Make in India' initiative in September 2014, there has been a 48 percent increase in Foreign Direct Investment inflows for the period October 2014 to April 2015 as compared to the corresponding time frame of the...
FDI Confidence Index 2015 Ranks India at 11th Place
IBN Live reports, India was ranked 11th among countries attracting Foreign Direct Investment last year. This ranking is per a survey conducted by AT Kearney.
India’s Telecom Sector Witnesses Surge in Foreign Direct Investment
Live Mint reports that the explosive growth in data consumption is taking India’s telecom sector to its next stage of growth, and foreign investments have seen a surge because of it. India permitted 100% foreign direct investment in the telecom sector in July 2013, and the first 10 months of ...
India FDI Inflows Reach a Record High
Nomura Global Markets Research disclosed that net foreign direct investment inflows to India have touched a record high of $34.9 billion in the fiscal year that ended March 2015, as can be seen in the chart below. Net FDI inflows touched 1.7% of GDP in the just-ended fiscal year, up...
India's Commerce Minister Vows a Higher Growth Trajectory
Nirmala Sitharaman is an avid reader, an aficionado of Indian classical music and a graduate of Economics. She has worked with Price Waterhouse in London as a senior manager for research and analysis; she helped East European economies adapted to Western audit and marketing systems. On returning to India...
India’s HDFC Bank Approved to Raise Foreign Investment to 74%
The Foreign Investment Promotion Board, a panel of government officials that approves foreign investment in India, allowed foreigners to own as much as 74 percent of HDFC Bank Ltd., the nation’s most valuable lender by market capitalization, paving the way for a 100 billion rupee ($1.6 billion) share sale by...