Foreign Direct Investment Current Affairs - 2019

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RBI liberalises ECB norms by relaxing end-use restrictions

Reserve Bank of India (RBI) has relaxed External Commercial Borrowing (ECB) norms for corporates, non-banking lenders by relaxing end-use restrictions with regard to working capital, general corporate purpose and repayment of rupee loans. This decision was taken after receiving feedback from stakeholders for easing liquidity in the domestic market. Recent changes by RBI End-use stipulations Read More…

Month:  Categories: Business, Economy & Banking

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World Investment Report 2019: UNCTAD

According to the World Investment Report 2019, released by United Nation Conference on Trade and Development (UNCTAD), Foreign Direct Investment (FDI) inflows to India grew by 6% to USD 42 billion in 2018. India was ranked among the top 20 host economies for FDI inflows in 2017-18. Key Findings of Report FDI to India: It Read More…

Month:  Categories: Reports & Indices

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India finds OECD’s STR Index faulty

India has found problems with the current methodology adopted by the Organisation for Economic Cooperation and Development (OECD) under its Services Trade Restrictiveness Index (STRI) to rank countries. Key Highlights About: A study commissioned by Indian Ministry of Commerce found that OECD index, the STRI has a several problems associated with it, which also includes Read More…

Month:  Categories: Reports & Indices

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Foreign Direct Investment to India

The Ministry of Commerce and Industry has released the data related to the Foreign Direct Investment (FDI) inflows during April-September 2018-19. The important aspects from this data: The Foreign direct investment (FDI) into India was declined by 11 per cent to USD 22.66 billion during April-September period of 2018-19. The FDI inflows during April-September 2017-18 Read More…

Month:  Categories: Business, Economy & BankingUPSC

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UK Is the Largest Western Foreign Investor in India: Report

The report ‘India’s Sterling Assets: Britain Meets India’ by the Confederation of British Industry (CBI) has noted that UK is the largest foreign western investor in India. UK investments in India: The total foreign direct investment (FDI) which flowed into India from all channels from the UK between 2000-2018 is estimated at $50.57 billion. Of $50.57 Read More…

Month:  Categories: International

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India and China sign protocol to Double Taxation Avoidance Agreement to prevent tax evasion

India and China have signed protocol to amend Double Taxation Avoidance Agreement (DTAA) for the avoidance of double taxation and for prevention of fiscal evasion with respect to taxes on income by allowing exchange of information. Under Section 90 of Income-tax Act, 1961, India can enter into agreement with foreign country or specified territory for Read More…

Month:  Categories: International

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FDI Confidence Index 2018: India ranks 11th

India was ranked 11th position in the FDI Confidence Index 2018 released by global consultancy firm A T Kearney. It has slipped by three notches in 2018 as it was ranked 8th in 2017 and 9th in 2016. This is first time India fell out of the top 10 since 2015. Key Facts Top 10 Read More…

Month:  Categories: Reports & Indices

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