Delhi based global telecommunication service provider, Bharti Airtel recently got approval from the Department of Telecommunications (DoT) to increase the Foreign Direct Investment (FDI) limit up to 100% of the paid-up capital from the earlier limit of 49%. The company already received permission from the Reserve Bank of India(RBI) for overseas portfolio investors to invest ..
Foreign direct investment: GK, Current Affairs, Questions, Trivia and News
The Geneva-based intergovernmental body, United Nations Conference on Trade and Development (UNCTAD) released its ‘Global Investment Trend Monitor report No.33’ on Monday, 20th January 2020, under which it listed the countries on the basis of receipts of Foreign Direct Investment (FDI) and stated that due to weaker macroeconomic performances, the global Foreign Direct Investment (FDI) ..
The Minister of State(independent charge) New and Renewable Energy, Power and Skill Development and Entrepreneurship, Raj Kumar Singh in a written reply to a question in Lok Sabha on Thursday, 12th December 2019 informed that during the last six years, from March 2014 to October 2019, a total of 47.86 GW of renewable energy capacity ..
According to UNCTAD’s World Investment Report 2019, Foreign Direct Investment (FDI) into India increased by 6% to $42 billion in 2018 with strong inflows in manufacturing, communication, financial services and cross-border merger and acquisition activities making it the sub-region’s largest recipient. As per report, India has been ranked 10th amongst the top recipients of FDI ..
The World Investment Report 2019 released by the UN Conference on Trade and Development (UNCTAD) makes the following observations: The global Foreign Direct Investment (FDI) flows slid for the third consecutive annual decline by 13 per cent in 2018 to USD 1.3 trillion from USD 1.5 trillion in 2017. Asia region was the world’s largest ..
The Reserve Bank of India (RBI) is considering to issue “on tap” licensing for small finance banks. The on-tap licensing will allow entities to approach the RBI for obtaining licences for small finance banks on meeting laid-down criteria. RBI wants to cash in the potential of small finance banks in promoting banking facilities for small ..
For the first time in the last six years, the foreign direct investment (FDI) in India has declined. The FDI inflow declined by 1 per cent to $44.37 billion in 2018-19. Why there was a decline in FDI Inflow? The decline in the FDI inflow is attributed to: Stressed financial condition of the telecom sector. ..
India has found problems with the current method under which the OECD index –Services Trade Restrictiveness Index (STRI) – ranks countries based on their services trade policies. As per study commissioned by Indian Ministry of Commerce, the outcomes of index are biased and counter-intuitive. For example, the index seems to show the Indian services sector ..