FDI dips by 38% to $22.4 billion in 2012-13

Last Updated: Sunday, June 2, 2013, 14:29

Government's efforts to promote India as an investment destination does not seem to be yielding fruits as FDI inflows registered 38 percent decline to USD 22.42 billion in 2012-13 compared to the previous year.

DIPP wants relook of FDI policy in pharma at PM level

Last Updated: Sunday, May 19, 2013, 14:46

With no let up in multinationals seeking nod to acquire stake in Indian pharma firms despite government putting norms to check it, DIPP has raised concerns stating the FDI policy in the sector needs a relook again at the Prime Minister's level.

Odisha druggists support nationwide strike

Last Updated: Friday, May 10, 2013, 14:41

More than 17,000 retail and wholesale druggist`s and chemist`s shops remained closed in Odisha on Friday in support of the day-long all-India strike called by their colleagues, an official said.

India need consistency in FDI policy to bridge CAD gap: S&P

Last Updated: Saturday, May 4, 2013, 21:30

Global rating agency Standard and Poor's Saturday said India needs a consistent FDI policy for various sectors including retail to finance current account deficit (CAD).

Govt comes out with revised consolidated guidelines on FDI

Last Updated: Saturday, April 6, 2013, 13:25

Seeking to further simplify the foreign investment regime, government on Saturday came out with the revised consolidated guidelines on FDI.

6th edition of consolidated FDI policy to be out this week

Last Updated: Sunday, March 31, 2013, 16:53

Foreign direct investment (FDI) is considered crucial for economic development of a country and India has taken several steps to attract such funds.

ED probing FDI violations by multi-brand retail cos: Govt

Last Updated: Monday, March 4, 2013, 16:25

The Enforcement Directorate is probing alleged violation of foreign exchange regulations by certain firms engaged in multi-brand retail.

FDI inflows dip 19% at $1.1 billion in Dec 2012

Last Updated: Wednesday, February 20, 2013, 15:23

Falling for the second straight month, India's foreign direct investment (FDI) inflows declined nearly 19 percent to USD 1.10 billion in December 2012 due to global economic uncertainties.

Amazon.com seeks FDI policy relaxation for retail e-commerce

Last Updated: Tuesday, February 12, 2013, 19:31

Global online retailer Amazon.com on Tuesday sought relaxation in the FDI policy, which restricts such companies from offering services directly to retail consumers.

6th edition of consolidated FDI policy by March end

Last Updated: Sunday, January 20, 2013, 18:49

"The next edition of the Consolidated FDI Policy Circular ... Is scheduled to be issued on March 31, 2013, and will be effective from April 1," the Department of Industrial Policy and Promotion (DIPP) said.