Foreign direct investment (FDI) in India dipped by 5.6% year-on-year to $10.9 billion in October-December quarter of this fiscal due to global economic uncertainties, government data said on Monday. FDI inflows during October-December 2023-24 stood at $11.55 billion.
Mr Mitra, while opposing the Union Budget alleged that the Union government has announced 100 per cent FDI (foreign direct investment) in insurance sector but simultaneously it has not stopped collecting 18 per cent GST.
The Union Budget 2025-26 aims to initiate transformative reforms across six domains which will augment the country's growth potential and global competitiveness during the next five years, Union Finance Minister Nirmala Sitharaman said today while presenting the Union Budget 2025-26 in Parliament.
The Finance Ministry's Department of Economic Affairs (DEA), spearheaded successful initiatives to enhance India's economic resilience and global integration in 2024, according to a year-ender review released on Wednesday.
“This landmark achievement was bolstered by a nearly 26 per cent rise in FDI to $42.1 billion during the first half of the current fiscal year,” the review stated.
Foreign Direct Investment (FDI) inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally.
Confederation of Indian Industry (CII) said Monday that India's consumer durables market is expected to touch a size of Rs 5 lakh crore by FY30 and will become the fourth largest in the world by 2027.
Keeping the upward trajectory, the Reserve Bank of India (RBI) saw net foreign direct investment (FDI) growing in the first four months of FY25, owing to an increase in gross FDI flows.
Prime Minister Narendra Modi will be visiting Wardha in Maharashtra's Vidarbha region on Friday to participate in the 'National PM Vishwakarma Programme'.
Maharashtra has topped in attracting the highest Foreign Direct Investment (FDI) during the first quarter of the current financial year 2024-2025.
