fdi
Internet and Mobile Association of India too had sought clarification on the issue. (Photo: PTI)
DPIIT to soon issue clarification on 26 pc FDI in digital media sector
25 Dec 2019 11:25 AM

The DPIIT has already taken views of the Information and Broadcasting Ministry on the issue.

This decision will help in ensuring compliance of FDI policy in the e-commerce sector.
Govt asks e-commerce firms to file FDI compliance report annually
06 Dec 2019 4:02 PM

Trader bodies have been raising concern over violation of foreign direct investment (FDI) norms.

FDI increased in the financial year 2018-19 as compared to previous years.
Total FDI inflow into India increased in 2018-19: govt
04 Dec 2019 3:05 PM

Total FDI inflow in 2018-19 was USD 62.00 billion.

Commerce and Industry Minister Piyush Goyal.
India's open FDI policy offers conducive environment for Swedish businesses: Goyal
24 Oct 2019 8:54 AM

Goyal also invited all companies to come forth with new and innovative technologies for the India Railways.

In line with the Government of India's FDI policy, which allows 100 per cent foreign direct investment (FDI) in food retail for food produced and manufactured in India, Flipkart is applying for appropriate licenses from the government, Flipkart Group CEO Kalyan Krishnamurthy said in a statement.
Flipkart one ups against Amazon; to set up food retail unit in India
15 Oct 2019 4:58 PM

Flipkart did not comment on the investments planned for the new venture.

Amending FDI norms for the manufacturing sector, it said foreign investment in 'manufacturing' sector is under automatic route.
DPIIT notifies FDI norms in coal mining, contract manufacturing, single brand retail
18 Sep 2019 7:20 PM

It also notified the decision to allow 26 per cent FDI in digital media, a move over which certain industry and experts have raised issues.

CAIT, which represents 500,000 merchants and traders in India, also demanded a “blanket ban” on such sales. (AP Photo/Reed Saxon, File)
CAIT seeks ban on Amazon, Flipkart's festive season sale
14 Sep 2019 12:15 PM

Flipkart’s six-day sale begins Sept 29, while Amazon is yet to announce dates.

Apple, Wistron, Pegatron and Foxconn did not respond to a request for comment.
Govt to woo foreign firms like Apple to capitalise on US-China trade war
30 Aug 2019 9:40 AM

Govt will meet companies between Aug 26 and Sept 5 to suggest the best investment zones for their operations.

Further, the government has allowed single brand retailers to sell online before they set up physical stores against the earlier norm of mandatory offline store before going online. This will encourage retailers to enter the market by first going online.
Retail FDI norms to increase exports
30 Aug 2019 1:21 AM

All procurements counted as local sourcing.

The unemployment rate rose to 7.51 per cent in July from 5.66 per cent a year earlier. (Representational Image)
Economic growth seen slipping in April-June, more stimulus expected
29 Aug 2019 3:05 PM

Slowdown has been driven by a fall in household savings and banks’ increased bad loans, which has hit private investment.


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