Tag: Foreign investment

India Inc’s foreign investment jumps over two-folds to $2.51 billion in April 21

NEW DELHI: India Inc’s foreign investment in the first month of this current fiscal jumped by more than two-times year-on-year to USD 2.51 billion, data from the Reserve Bank showed on Monday. Indian investors had committed USD 1.21 billion worth of outward foreign direct investment (OFDI) in April 2020. Of the total commitment of USD […]

China opens up finance sector to more foreign investment

BEIJING: China lifted some restrictions on foreign investment in the financial sector on Saturday, as the world’s second largest economy fights slowing growth at home and a damaging trade war with the US. China will remove shareholding limits on foreign ownership of securities, insurance and fund management firms in 2020, a year earlier than originally […]

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