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 […]
Nepal calls for foreign investment; seeks major economy boost in next five years
By Shirish B Pradhan KATHMANDU: Nepal’s Prime Minister K P Oli on Friday urged foreign investors, including from India and China, to invest in the Himalayan nation, saying it required around USD 88 billion business in the next five years to graduate from the category of Least Developed Countries to the Lower Middle Income country. […]