Foreign Direct Investment (FDI) Current Affairs - 2019

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India becomes Fourth Largest Foreign Investor into UK

As per the official figures published by the UK’s Department for International Trade, India has become the fourth largest foreign investor into the UK in 2016-17. India has lost its position as the third largest investor to France. Salient Facts In 2016-17, India had set up 127 new projects and safeguarded 7,645 existing jobs and created 3,999 new jobs in the Read More…

Month:  Categories: International

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UNCTAD: India among Top FDI Destinations

According to UNCTAD’s World Investment Report 2017, India continues to remain as a favourite destination for FDI even though tax related concerns remain as a deterrent for the foreign investors. Salient Highlights of the Report According to the report, the favourite destinations for FDI are the US, China and India.  As per the report FDI inflows Read More…

Month:  Categories: Business, Economy & Banking

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Finance Ministry asks Ministries to decide on FDI proposals within 60 Days

The finance Ministry has asked all those ministries tasked with clearing foreign direct investment proposals in the 12 sectors that require government’s nod to take a decision on such proposals within 60 days. Last month, the Cabinet abolished the Foreign Investment and Promotion Board (FIPB), which was the authority for clearing foreign direct investment (FDI) proposals for a period Read More…

Month:  Categories: Business, Economy & Banking

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China overtakes US as top foreign investment destination: UNCTAD report

As per United Nations Conference of Trade and Development (UNCTAD) report, China has overtaken the United States (US) as the top destination for foreign direct investment (FDI). US  was on top as foreign investment destination for past 11 years i.e. since 2003. Key facts from UNCTAD report In 2014, foreign firms had invested 128 billion dollars in China compared to 86 billion Read More…

Month:  Categories: Business, Economy & Banking

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