Foreign Direct Investment (FDI)
- Business
Saudi Arabia to open its stock market to foreigners from Feb 1
Foreign investors will now be permitted to access Saudi Arabia’s capital market starting February 1, the Capital Markets Authority (CMA) announced on Tuesday, January 6, as part of its broader effort to…
- India
Parliament passes bill to allow 100 pc FDI in insurance sector
New Delhi: Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration,…
- India
India’s forex reserves at historic high of USD 675 billion: RBI chief
Mumbai: India’s foreign exchange reserves reached a historical high of $ 675 billion, as of August 2, as overall, India’s external sector remains resilient with key indicators continuing to improve, RBI Governor…
- Business
FDI rules will be simplified, says Sitharaman in Budget speech
New Delhi: Seeking to attract more funds into the country, Finance Minister Nirmala Sitharaman on Tuesday said rules for Foreign Direct Investment (FDI) will be simplified. Presenting the Union Budget 2024-25, the…
- World
Relationship between India, US ‘multiplicative’: US envoy Garcetti
Oxon Hill: The India-US relationship has never been better, US envoy to India Eric Garcetti has said, asserting that ties between the two strategic partners are not just “addictive” but also “multiplicative”.…
- India
India’s CAD dips to USD 10.5 billion in October-December: RBI
New Delhi: India’s current account deficit declined to USD 10.5 billion or 1.2 per cent of the GDP in October-December quarter from USD 11.4 billion in the previous three months and USD…
