What caused confusion was three clearances given to FDI proposals from Hong Kong in first week of February after having kept all such approvals in abeyance since April last year. These approvals have been wrongly interpreted as GoI's nod to Chinese FDI proposals

Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil

In the year-ago period, FDI equity inflows stood at USD 29.31 billion, as per the data of the Department for Promotion of Industry and Internal Trade (DPIIT)

Financial Services Secretary Debasish Panda said the work is in progress and the DFI should become a reality soon, may be by the end of the current financial year or early next year

An inter-ministerial committee has been formed by the government to scrutinise these proposals, they said adding most of the investments are for brownfield projects (means in existing Indian companies)

Most Chinese companies operating in India believe the brewing anti-China sentiment won't impact their long-term objectives in Indian market

Foreign direct investment (FDI) proposals from Chinese companies have been put on hold for now as they are being vetted by the Ministry of Home Affairs for security clearance

The proposal would also be vetted by the Ministry of Home Affairs for security clearance. Around 40 proposals involving Chinese investments are awaiting clearance

Despite an ambitious target, public expenditure on infrastructure - the only functional engine of the economy - is dwindling. That spells bad news for economic recovery

Department for Promotion of Industry and Internal Trade (DPIIT) has suggested a series of measures that can boost defence manufacturing in India

\"We entered the Indian automobile market in 2019 with the HECTOR. Our vision has been to touch the lives of car owners in India by offering them the world's best technology including connected mobility,\" says Rajeev Chaba of MG Motor India

Learning from its past experience, the agency will share minute details such as population mix, religious places, eateries and pubs in the vicinity

For fresh investment, Odisha has charted out plans and identified various sectors such as metal and mining in which it has inherent strength. The state is targetting specific types of companies for investment

At present India is dependent mainly on China for 80-90 percent of the solar equipment required for meeting the ambitious target of 100 GW of solar energy by 2022

Indias economy is expected to shrink in FY21. The government has come out with several reforms of late to make the country a global manufacturing hub and push jobs and growth

Finance Minister had a slew of big bang announcements that are bound to get investors' attention, not so much for common man who is suffering daily hardships

To prepare the financial system for the big move next, Finance Minister Nirmala Sitharaman will meet CMDs and CEOs of public sector banks on Monday

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These companies see India as an alternate manufacturing hub and have taken up their proposals across various levels of the government, including central government departments, Indian missions abroad and state industry departments

So far, their progress is mixed with individual countries taking more aggressive positions to bring a change to the impact of what would be known several years from now