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FDI IN INDIA
Officials can deny benefits if tax relief found sole motiveIndia has implemented a Principal Purpose Test in the India-Mauritius Double Taxation Avoidance Agreement. This test allows tax authorities...- Early Diwali dhamaka: With the IDBI strategic sale to Fairfax, GoI has taken a giant step in the disinvestment pathwayIDBI Bank's sale as part of a disinvestment strategy provides ₹26,000 cr to the government during economic challenges. Government of India ...
- 'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax dealFinance Minister Sitharaman criticized Akhilesh Yadav's remarks about the IDBI Bank's sale to Fairfax Financial Holdings. She accused Yadav...
- Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister SidhuCanada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Followi...
- Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDIThe Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...
- IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
- We are working to develop relations with China once again: Piyush GoyalCommerce and Industry Minister Piyush Goyal stated that India seeks to improve relations with China, ensuring fair deals. Bilateral trade b...
- Government mulls further tightening of FDI norms in tobacco sector: SourcesThe Indian government is evaluating a proposal to restrict foreign direct investment in the tobacco sector. This initiative aims to tighten...
- Cabinet approves 78-day bonus worth Rs 2,009 crore for 11.4 lakh railway employees ahead of DiwaliThe Union Cabinet has approved a 78-day productivity-linked bonus worth Rs 2,009.61 crore for 11.4 lakh railway employees, with a maximum p...
- Rs 5 lakh crore worth FII outflows since 2024 capital gains tax hike wreak havoc on Dalal Street. Is a reversal on the cards?Foreign investors have sold over Rs 5 lakh crore of Indian equities since the 2024 capital gains tax hike, with outflows intensifying in 20...
- Slow outflows, sure, but inflows? That’s RBI’s real challengeRBI is currently dealing with substantial capital outflows and currency devaluation pressures in the economy. Recent market operations indi...
- SBI Research calls for abolition of LTCG tax on equities to boost foreign capital inflowsAccording to SBI Research, removing the long-term capital gains tax on equities could revitalize investment levels. The report emphasizes e...
- India draws $351 billion in greenfield FDI, outpaces ChinaSpeaking to ET, Nikolaus Lang, managing director & senior partner at BCG highlighted the Indian market as the biggest draw for investors am...
- ETSA champions show the great Indian dream is all home-brewed and visa-free: Union Minister Piyush GoyalIn a candid conversation with ET’s Deepshikha Sikarwar, he spoke about India’s trade deals, India-US relations, foreign investment, and how...
- DBS Chief sees overseas confidence in India despite capital outflow concernsDBS Bank CEO Tan Su Shan emphasized the strong demand for FCNR(B) deposits as investor confidence in India. She highlighted India's potenti...
- DBS CEO cites FCNR(B) success as proof of global faith in India, calls for more FDIDBS Bank CEO Tan Su Shan addressed concerns about capital outflows from India and highlighted strong demand for FCNR(B) deposits. She empha...
- FM Nirmala Sitharaman meets Singapore President, PM; discuss strengthening bilateral cooperationFinance Minister Nirmala Sitharaman visited Singapore from October 9 to 11 for official discussions. She met President Tharman Shanmugaratn...
- Sharjah eyes $3 billion Indian investment as ports shift amid Hormuz disruptionSharjah is anticipating significant investment from India, targeting $3 billion between 2026 and 2027. The expansion of Khorfakkan port is ...
- US spice traders seek tariff exemptions for Indian spices under potential trade dealAmerican spice traders are optimistic about maintaining tariff exemptions for Indian spices to manage prices for consumers. The United Stat...
- 'US deal could spur further liberalisation'India's economic growth remains strong, with foreign direct investment continuing to show promising figures. Arvind Panagariya emphasizes t...
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