FDI

Foreign direct investment (FDI) into the country has increased to US$ 284 billion during 2014-19, finance minister Nirmala Sitharaman said on Saturday while presenting the Union Budget for 2020-21. "India's FDI got elevated to the level of US$ 284 billion...

The Indian e-commerce market is expected to reach $200 billion by 2026 from the current $48.5 billion (as of 2018) and to create a level-playing field for small and medium players, the government brought in a new e-commerce policy...

The Ministry of Commerce of India has recently announced a slew of relaxations on single-brand retail’s FDI investments. The new FDI norms can be seen as an effort by the government to encourage investments and create employment opportunities over...

The Government's announcement to allow single-brand retailers to sell goods online first before opening brick-and-mortar stores is a win-win for global players to tap the domestic market, consultancy firm Deloitte said on Saturday.The Government recently relaxed norms for single-brand...

Apple plans to set up up to three brick-and-mortar outlets in India besides an online store as the iPhone maker looks to further cement its position in one of the world's largest smartphone markets.According to sources privy to PTI,...

The Union Cabinet on Wednesday unveiled the second round of foreign direct investment (FDI) reforms by easing the 30 percent local sourcing norm in single-brand retail (SBRT) where domestic procurement for exported goods will now qualify for inclusion under...

The Government will soon consider a proposal of relaxing rules for complying with the mandatory 30 percent local sourcing norms by foreign single brand retailers, official sources told PTI.According to a PTI report: As per the proposal, single-brand retail...

The budget proposal to relax the local sourcing conditions in the Single Brand Retail Trade (SBRT) sector should have a big positive impact for both the existing players and the sector owing to the new foreign direct investment (FDI)...

The UK-India Business Council has urged the Narendra Modi-led government to revisit FDI norms in the politically sensitive multi-brand retail segment to attract more investments by foreign companies who have largely shied away from the sector.According to a PTI...

E-commerce sites or apps available for download in India must have a registered business entity in the country, according to latest draft e-commerce policy, which also proposes regulation of cross-border flow of data collected by sector players in India.According...