India can attract 5 billion in FDI in five years, says CII-EY report

India can attract $475 billion in FDI in five years, says CII-EY report

71% of MNCs working in India consider the country an important destination for their global expansion based on both short-term and long-term prospects 71% of MNCs working in India consider the country an important destination for their global expansion based on both short-term and long-term prospects Even as the pandemic and geopolitical conflict resulted in […]

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Manufacturing sector gets bn foreign direct investment in FY22

Manufacturing sector gets $21bn foreign direct investment in FY22

PTI New Delhi July 28, 2022 13:42 IST Updated: July 28, 2022 13:42 IST PTI New Delhi July 28, 2022 13:42 IST Updated: July 28, 2022 13:42 IST Commerce Ministry said the government has implemented several reforms under the FDI policy regime across sectors such as insurance, defence, telecom, financial services, pharmaceuticals, retail trading, and […]

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400 Chartered Accountants, Company Secretaries under scanner for helping Chinese firms

400 Chartered Accountants, Company Secretaries under scanner for helping Chinese firms

They allegedly played role in incorporating Chinese shell companies in metropolitan cities by flouting norms They allegedly played role in incorporating Chinese shell companies in metropolitan cities by flouting norms The Central government has recommended disciplinary action against 400 Chartered Accountants (CAs) and Company Secretaries (CSs) for their alleged role in incorporating Chinese shell companies […]

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FDI flow into Tamil Nadu increases 30.1% in 2021-22

FDI flow into Tamil Nadu increases 30.1% in 2021-22

Tamil Nadu ended the 2021-22 fiscal with foreign direct investment (FDI) of ₹22,396 crore, up about 30.1% from ₹17,208 crore in 2020-21. In dollar terms, the FDI increased to about $3 billion in 2021-22 from about $2.3 billion in 2020-21, according to data from the Department for Promotion of Industry and Internal Trade under the […]

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FDI inflow ‘highest ever’ at .57 billion in 2021-22: Centre

FDI inflow ‘highest ever’ at $83.57 billion in 2021-22: Centre

This constitutes an ‘endorsement’ of India’s status among global investors, says Ministry of Commerce and Industry This constitutes an ‘endorsement’ of India’s status among global investors, says Ministry of Commerce and Industry The Foreign Direct Investment [FDI] in the Financial Year 2021-22 has touched a “highest ever” figure of $83.57 billion. Announcing this ‘landmark’ figure, […]

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