FDI into India declines in
|
|
- Jessie Gerald Armstrong
- 6 years ago
- Views:
Transcription
1 FDI into India declines in According to the statistics released by India s Ministry of Commerce and Industry, the country has received US $19.43 billion in FDI during the last fiscal (April 10-March 11), compared to US $25.83 billion that came in the previous financial year. Although it is a significant dip (-25%), the government is confident that the trend will be reversed. Cumulative FDI received during the post liberalization period i.e were to the tune of US $146,319 million (Table 1). From the year 2000 up to 2002, investments into India grew 65% but declined during the subsequent two years from 2002 to to 2006, India once again experienced a surge in investments, growing 47% in and 72% in respectively. The year was an exceptional year with a 125% growth in FDI. The subsequent year was again very good, where investment gained 97%, followed by an increase of 11% during During the year of the financial crisis, Apr 09-Mar 10, foreign direct investments suffered a slight setback with declining a little over 5% over the previous year. Last year (Apr 10-Mar 11) FDI into India declined further by 25% to US $19,427 million. Table 1 Foreign Direct Investment inflow since liberalization Mauritius is quite predictably the top investing country for India during the period from August 1991 to March 2011, where investments touched US $.57,835 million taking up nearly 40% of total into India (Table 2). Foreign Direct Investments from Mauritius so far have always been the maximum on account of the Double Taxation Avoidance Agreement. In 1992, when FIIs were allowed into India, Mauritius passed the Offshore Business Activities Act, which allowed foreign companies to register in the island nation for investing abroad. The benefits for this were: Total exemption from capital-gains tax, quick incorporation (a company is formed in Mauritius within two weeks), total business secrecy and a completely convertible currency. For foreign investors willing to invest in India, it made sense to set up a subsidiary in Mauritius and route their investments through that country. By doing so, they would avoid paying capital-gains tax all together. India does not tax because the company is based in Mauritius and Mauritius had anyway exempted investors from capital-gains tax. In addition to this, Mauritius also has low rates of dividend and income taxes. Financial Year (April March) Amount % change over previous year Table 2 Country FDI August 91 Mar 11 (in US $ million.) % share of total 8. Germany 3,
2 Singapore took over as the second largest investor with investments to the tune of US $12,239 million and a share of 8.4% of total investments (Last year, USA was in the second place). USA, UK and Netherlands were next to follow with investments amounting to US $11,899 million (8.1%), US $7,310 million (5.0%) and US $6,328 million (4.3%). These top five investing countries took up more than 65% of total investments into India post-liberalization, while the top ten accounted for 78.4% of total foreign investment into India during this period. Germany is the eighth largest investor for India with investments amounting nearly to US $3 671 million and a percentage share of over 2.5% of total investment into India since Next to follow in the 3 rd and 4 th place were Japan and Netherlands, whose investments - quite different from other countries - rose 32% and 35% respectively. The two countries invested US $1,562 million and US $1,213 million into India taking up 8.8% and 8.0% of total investments respectively. Investments from USA and Cyprus in position 5 and 6 - declined 40% and 44% respectively, while those from the UK increased nearly 15% last year. France, which ranked the eighth largest investor, up two notches over the previous year, invested US $431 million more (+142%) during the last fiscal, thereby registering the highest growth in investments last year. Investments from the country totaled US $734 million. UAE, in the 9 th position, invested 46% less in the last financial year over the previous year with investments amounting to US $341 million. Foreign Direct Investment during April 10-Mar 11 Mauritius was as usual on top of the investing countries chart with investments worth US $6,987 million, even though the volume of investments from the country declined substantially (-32.7%) during the fiscal April 10 to March 11 (Table 3). The country s share in the total investment into India too decreased from over 40% to 36% over the previous year. Singapore retained its position as the second largest investor into India though investments from the country was US $674 million less (-28.3%) last year over the previous year. Germany s ranking as far as investments during the last year go, was at no.10, one lower than in the previous year s ranking since investments from the country dropped substantially (-68%). The volume of investments during Apr 10 to Mar 11 was a mere US $200 million accounting for only 1% of total foreign investments into India last year. Top ten sectors attracting highest FDI equity The Services (financial & non-financial), Computer Software & Hardware and Telecommunications were the top three sectors that received maximum investment since April 2000, which take up 21%, 8% and 8% of the share of total respectively (Table 4). However, during the last financial year Table 3 w.r.t (Apr. 10-Mar 11) Country % change over % share of investments in Germany
3 Investments & Cooperation Table 4 Apr 00Mar 11 Sector Apr 08Mar 09 Apr 09Mar 10 Apr 10Mar 11 Apr 10Mar 11 % change over previous year Cumulative Apr. 00 to Apr 11 % of total Apr. 00 to Apr 11 (Apr 10-Mar 11), all three top sectors suffered setbacks in invest- Even though Computer software & hardware is the second most ments. The Services sector received investments to the tune of important category as far as overall investments go, last year US $3,403 million last year, however, they were 22.5% less than it fell to position eight while receiving investments worth only in the previous year. Computer software & hardware and Tel- US $784 million. Growth in investments in the Metallurgical ecommunications saw declines of 14.7% and 34.8% respectively. (+171.5%) and Oil & gas (111%) industries were particularly impressive during the last fiscal. In fact the only sectors that saw improved investments dur- Top ten regions attracting foreign investments ing the last fiscal were the Automobile, Metallurgical, Oil & gas and Chemical industries. The three sectors to receive maximum investments during the last financial year (Apr 10-Mar 11) were the Services sector, Telecommunications and the Automotive. The Mumbai/Maharashtra region (Table 5) continues to attract maximum foreign investments, which is 35% of total Table 5 Apr 00Mar 11 RBI s Regional Office State covered Apr 09Mar. 10 Apr 10- % change Mar. 11 over previous year Apr 10Mar. 11 Cumulative Apr. 00 to Apr 11 % of total Apr. 00 to Apr 11 *Others include Kochi, Bhubaneshwar, Bhopal, Kanpur, Guwahati, Patna and other regions not indicated 97
4 Investments & Cooperation Table 6 S.No Name of the Sector No. of approvals for all countries 98 Amount of FDI Approved in US $ million (all countries) No. of approvals for Germany Amount of FDI Approved in US $ million (Germany)
5 investments since April Delhi and its neighbouring area, which includes part of Uttar Pradesh like Noida and Haryana like Gurgaon, was the next most important region for foreign investments with a share of 19%. Bangalore and Ahmedabad followed in the 3 rd and 4 th place accounting for up to 6% of foreign investments since April In the last financial year (Apr. 10 to Mar 11), Maharashtra and Delhi though still occupying the first and second position respectively, saw decline in investments, particularly the Delhi area which saw a decline of over 72%. The third most important region for foreign investments during the last year was Chennai (US $1,352) followed closely by Bangalore (US $1,332) in the fourth place. The regions which saw increased investment during the last financial year were Tamil Nadu, Karnataka, Chandigarh, Goa and noticeably Madhya Pradesh/Chattisgarh. Foreign Direct Investments (FDI) and Foreign Technology Cases (FTC) approved post-liberalization FDI (Financial) approvals The top five industry sectors (see Table 6) that have maximum investment approvals (with financial participation) for all countries post-liberalization were Electrical Equipment (4,911), which includes Electrical Equipment, Computer Software, Electronics, Computer Hardware and others; Miscellaneous Mechanical Engineering industry(1,707); Services sector (1,614); Transportation industry (1,207), which includes the Automobile industry, and Air/Sea Transport, Passenger Cars, Auto Ancillaries & Parts as well as Trading (1,158). Since 1991, altogether 20,502 cases with financial participation have been approved by the Indian government. Germany has 1,614 financial approvals since August 1991, which is 7.9% of all such approvals. The top five sectors to have received financial approvals for Germany during the postliberalization period are Electrical Equipment (233); Industrial Machinery (157); Miscellaneous Mechanical & Engineering Industry (157); Transportation Industry (132) and Chemicalsother than fertilizers (131). About 4.7% of all the Electrical Equipment cases with financial participation were approved for Germany, followed by Industrial Machinery (22.4%); Miscellaneous Mechanical & Engineering Industry (23.4%); Transportation Industry (10.9%) and Chemical Industry (11.8%). FTC (Technical) approvals The top five industries that have maximum technology cases (see Table 6) approved by the government of India for all countries are Electrical Equipment (1,263), which includes Electrical Equipment, Computer Software, Electronics, Computer Hardware and others; Chemicals, other than Fertilizers (912), Industrial Machinery (875), Transportation industry (761), which includes the Automobile industry, and Air/Sea Transport, Passenger Cars, Auto Ancillaries & Parts and the Miscellaneous Mechanical Engineering industry (444). Altogether 8,140 technology cases were approved since August Germany accounted for nearly 13.7% of all Foreign Technology Cases (FTC) approved by the Indian government since liberalization in The top five sectors which received maximum technology approvals were Industrial Machinery (209), Electrical Equipment (168), Chemicals -other than fertilizers (127), Miscellaneous Mechanical & Engineering Industries (102) and Transportation Industry (94). Nearly 24% of all cases under Industrial Machinery were approved for Germany, followed by Electrical & Electronic Equipment (13.3%), Chemicals (13.9%), Miscellaneous Mechanical & Engineering Industries (23%) and Transportation Industry (12.4%). Business with India/Germany? Don t forget your pilot - IGCC! Website:
Financial year-wise FDI Equity Inflows:
(ii) Financial year-wise FDI Equity : Financial Year (Apr-Mar) Amount of FDI Equity %age growth over the in Rupees Crore in US$ million previous year 2000-01 10,733 2,463-2001-02 18,654 4,065 ( + ) 65
More informationGerman Investments in India
German Investments in India Germany specific highlights: German FDI inflows since August 1991 to March 2014 is over US $8.3 billion accounting for almost 3.2% share of total investment inflow into India
More informationI. FDI INFLOWS. A. CUMULATIVE FDI INFLOWS (equity capital components only): B. FDI INFLOWS DURING CURRENT FINANCIAL YEAR :
FACT SHEET ON FOREIGN DIRECT INVESTMENT (FDI) From AUGUST 1991 to SEPTEMBER 2005 I. FDI INFLOWS A. CUMULATIVE FDI INFLOWS (equity capital components only): 1. Cumulative amount of FDI inflows (up dated
More informationChapter VIII. Summary, Findings, Suggestions and Conclusion of the study
Chapter VIII Summary, Findings, Suggestions and Conclusion of the study 328 CHAPTER VIII SUMMARY, FINDINGS, SUGGESTIONS AND CONCLUSION OF THE STUDY FDI consists of investments not merely financial but
More informationTrend of FDI in India
Trend of FDI in India Monika Chahal 1, Garima Hooda 2, Tarun Dalal 3 1, 2, 3 Asstt. Prof., Maturam Institute of Management, Rohtak, Haryana (India) Abstract With the beginning of new economic policy in
More informationParallel Session 5: FDI and development
ASIA-PACIFIC RESEARCH AND TRAINING NETWORK ON TRADE ARTNeT CONFERENCE ARTNeT Trade Economists Conference Trade in the Asian century - delivering on the promise of economic prosperity 22-23 rd September
More informationA. CUMULATIVE FDI EQUITY INFLOWS (equity capital components only): B. FDI EQUITY INFLOWS DURING CURRENT FINANCIAL YEAR :
FACT SHEET ON FOREIGN DIRECT INVESTMENT (FDI) From AUGUST 1991 to DECEMBER 2006 (up dated up To December 2006) I. FDI EQUITY INFLOWS: 1. 2. 3. A. CUMULATIVE FDI EQUITY INFLOWS (equity capital components
More information(up dated up To June 2006) I. FDI INFLOWS: 16,040 3,582 up to June (up to June 2005) 8,070 1,851
FACT SHEET ON FOREIGN DIRECT INVESTMENT (FDI) From AUGUST 1991 to JUNE 2006 (up dated up To June 2006) I. FDI INFLOWS: 1. 2. 3. A. CUMULATIVE FDI INFLOWS (equity capital components only): Cumulative amount
More information(up dated up To May 2006) I. FDI INFLOWS: 13,635 3,057 up to May ,921 1,587 up to May 2005 %age growth over last year
FACT SHEET ON FOREIGN DIRECT INVESTMENT (FDI) From AUGUST 1991 to MAY 2006 (up dated up To May 2006) I. FDI INFLOWS: 1. 2. 3. A. CUMULATIVE FDI INFLOWS (equity capital components only): Cumulative amount
More informationForeign Exchange Reserves in India
Year (as at end- SDRs## Foreign Exchange Reserves in India (1950-1951 to 2013-2014) Gold* Foreign Currency Assets* Rs. In Reserve Tranche Position (RTP) Total Reserve 1983-84 248 230 226 320 5,498 5,099
More informationJanuary, 2016 Vol 5 Issue 2
ISSN 2278 0211 (Online) Impact of FDI on Indian Economy Mamta Sharma Research Scholar, Punjab Technical University, Kpurthala, Punjab, India Dr. Satinderpal Singh Dean Research, Associate Professor, Chandigarh
More informationReceived: 4 September Revised: 9 September Accepted: 19 September. Inflow of Foreign Direct Investment in India: An Analysis
Abstract Inflow of Foreign Direct Investment in India: An Analysis Amandeep Kaur* Researcher Department of Economics Punjabi University Patiala Foreign direct investment is a major source of finance in
More informationWHY INDIA? CHAMPION SECTORS PROFILE INVESTMENT OPPORTUNITIES BUSINESS & REGULATORY ENVIRONMENT IN INDIA
SECTOR PROFILE 01 02 03 04 05 WHY INDIA? CHAMPION SECTORS PROFILE INVESTMENT OPPORTUNITIES BUSINESS & REGULATORY ENVIRONMENT IN INDIA 01 WHY INDIA? Focus on infrastructure development Large and growing
More informationCHAPTER 7 SUMMARY AND CONCLUSION
CHAPTER 7 SUMMARY AND CONCLUSION 7.1 SUMMARY 7.2 CONCLUSION 252 CHAPTER 7 SUMMARY AND CONCLUSION India launched a programme of economic policy reforms in response to a fiscal and balance of payment crisis
More informationRegulatory Compliance - India >>
Regulatory Compliance - India >> www.asa.in Once an investor sets-up a business in India, whether it is a liaison office, project office, branch or company, that business needs to comply with Indian regulations.
More informationCORPORATE CATALYST (INDIA) PVT LTD. (in joint venture with SCS Global) Setting up >> business presence in india
CORPORATE CATALYST (INDIA) PVT LTD (in joint venture with SCS Global) Setting up >> business presence in india CORPORATE TAX >> CORPORATE TAX IS PAID BY COMPANIES, BRANCHES AND PROJECT OFFICES OF OVERSEAS
More informationSetting up >> business presence in india.
Setting up >> business presence in india www.asa.in CORPORATE TAX >> CORPORATE TAX IS PAID BY COMPANIES, BRANCHES AND PROJECT OFFICES OF OVERSEAS COMPANIES ON PROFITS AND OTHER INCOME COMPANY RATE (%)
More informationPolicy of FDI Making Haryana a happening Haryana -an empirical study
International Journal of Allied Practice, Research and Review Website: www.ijaprr.com (ISSN 2350-1294) Policy of FDI Making Haryana a happening Haryana -an empirical study Pooja Verma Extension Lecturer,
More informationCONTENTS AT A GLANCE DIRECT TAX INDIRECT TAX CORPORATE LAWS
November 2016 / Volume VIII / ASA The key amendments introduced in statutes, policies and procedures in respect of Direct Tax, Indirect Tax, Corporate Laws & Accounting Standards, Foreign Exchange Management
More informationDOING BUSINESS IN INDIA
DOING BUSINESS IN INDIA 15 th August, 1947 Indian Independence 26 th January, 1950 Republic- India New Delhi Mumbai Kolkata State of Orissa Chennai Transportation Hubs International Airports New Delhi
More informationD. FDI EQUITY INFLOWS (MONTH-WISE) DURING THE CALENDAR YEAR 2010:
FACT SHEET ON FOREIGN DIRECT INVESTMENT (FDI) From AUGUST 99 to APRIL 2 (up dated up to April 2) I. FDI EQUITY INFLOWS:. 2. A. CUMULATIVE FDI FLOWS INTO INDIA (992): CUMULATIVE AMOUNT OF FDI FLOWS INTO
More informationFDI SYNOPSIS ON COUNTRY U.K. (as on )
Table No. 6.1.A.(iv): CUMULATIVE FDI INFLOWS: FDI SYNOPSIS ON COUNTRY U.K. (as on 31.12.2010) Cumulative FDI equity all Countries in India during the period from January 2000 to December 2010 are US$ 127.00
More informationForeign Direct Investment Scenario in India
EUROPEAN ACADEMIC RESEARCH Vol. II, Issue 2/ May 2014 ISSN 2286-4822 www.euacademic.org Impact Factor: 3.1 (UIF) DRJI Value: 5.9 (B+) Foreign Direct Investment Scenario in India HIRA SINGH Ph.D Research
More informationAn analytical study on India's Foreign Direct Investment
An analytical study on India's Foreign Direct Investment Dr. S.Nirmala Associate Professor, Department of Business Management PSGR Krishnammal College for Women Coimbatore, Tamilnadu India. Ms.M.Kirthika
More informationAA& Associates. Setting Up >> LLP. business presence in india.
LLP AA& Associates chartered accountants (A member firm of NIS Global) Setting Up >> business presence in india www.asa.in CORPORATE TAX >> CORPORATE TAX IS PAID BY COMPANIES, BRANCHES AND PROJECT OFFICES
More informationEXPORT OF GOODS AND SOFTWARE REALISATION AND REPATRIATION OF EXPORT PROCEEDS LIBERALISATION
Corporate Law Alert J. Sagar Associates advocates and solicitors Vol.16 April 30, 2011 RBI EXPORT OF GOODS AND SOFTWARE REALISATION AND REPATRIATION OF EXPORT PROCEEDS LIBERALISATION The Reserve Bank of
More informationROLE OF FOREIGN DIRECT INVESTMENT (FDI) ON GROWTH OF INDIAN ECONOMY
ROLE OF FOREIGN DIRECT INVESTMENT (FDI) ON GROWTH OF INDIAN ECONOMY *D.Satyanarayana, **Dr. G. V. Subba Raju, ***V.Rajasekhar Ryaly *Research Scholar, Rayalaseema University Kurnool, Andhra Pradesh, NDIA
More informationStructure of Foreign Direct Investment in India during globalization period
Indian Streams Research Journal Vol.2,Issue.III/April; 12pp.1-4 Dr. S. N. Babar ISSN:-2230-7850 Research Papers Structure of Foreign Direct Investment in India during globalization period Dr. Khandare
More informationCHAPTER - 4 MEASUREMENT OF INCOME INEQUALITY BY GINI, MODIFIED GINI COEFFICIENT AND OTHER METHODS.
CHAPTER - 4 MEASUREMENT OF INCOME INEQUALITY BY GINI, MODIFIED GINI COEFFICIENT AND OTHER METHODS. CHAPTER-4. MESUREMENT OF INCOME INEQUALITY BY GINI, MODIFIED GINI COEFFICIENT AND OTHER METHODS 4.1 Income
More informationIndia: An Attractive Investment Destination. Department of Industrial Policy and Promotion Ministry of Commerce and Industry
India: An Attractive Investment Destination Department of Industrial Policy and Promotion Ministry of Commerce and Industry Indian economy: growth trajectory Indian economy at USD 4531 Billion (in PPP
More informationISSN: (Online) Volume 3, Issue 7, July 2015 International Journal of Advance Research in Computer Science and Management Studies
ISSN: 2321-7782 (Online) Volume 3, Issue 7, July 2015 International Journal of Advance Research in Computer Science and Management Studies Research Article / Survey Paper / Case Study Available online
More informationTHE GDP, FDI AND CO 2 TRIANGLE. - Fariha Sanam Sharif and Ishan Deep Ghosh
THE GDP, FDI AND CO 2 TRIANGLE - Fariha Sanam Sharif and Ishan Deep Ghosh ABOUT THE PAPER In this paper we examined the impact of increased trade among nations on the components of environment The impact
More informationFOREIGN DIRECT INVESTMENT IN INDIA. Amit Aggarwal, Partner Sumit Phatela, Senior Associate SNG & PARTNERS, INDIA
FOREIGN DIRECT INVESTMENT IN INDIA Amit Aggarwal, Partner Sumit Phatela, Senior Associate SNG & PARTNERS, INDIA WHAT IS FOREIGN DIRECT INVESTMENT? Investment by non-resident entity/person resident outside
More informationForeign Direct Investment in the United States. Organization for International Investment
Foreign Direct Investment in the United States Organization for International Investment March 16, 2011 FOREIGN DIRECT INVESTMENT IN THE UNITED STATES Key Findings Foreign Direct Investment in the United
More informationRole of Foreign Direct Investment FDI: in the growth of Automobile Industry in India
Research Journal of Management Sciences ISSN 2319 1171 Role of Foreign Direct Investment FDI: in the growth of Automobile Industry in India Abstract Velury Vijay Bhasker 1 and Y.V.S. Subrahmanya Sarma
More informationFDI A Growth Perspective from India
FDI A Growth Perspective from India Babasaheb R. Jadhav Asst. Professor, MAEER S, MITCOE-CMSR, Kothrud, Pune-411038, Maharashtra, India. Dr. Anand G. Gaikwad Professor and Dean, MAEER S, MITCOE-CMSR, Kothrud,
More informationINVESTOR PRESENTATION FEDERAL BANK
INVESTOR PRESENTATION FY 2010-11 Fourth Quarter & Annual Results as on 31.03.2011 PERFORMANCE HIGHLIGHTS Q4 FY 11 FY 2011 (YOY growth) (YOY growth) Net Interest Income Fee Income Total Income Net Profit
More informationFDI SYNOPSIS ON COUNTRY CYPRUS (as on )
Table No. 6.1.A.(vii): CUMULATIVE FDI INFLOWS: FDI SYNOPSIS ON COUNTRY CYPRUS (as on 31.12.2010) Cumulative FDI equity all Countries in India during the period from January 2000 to December 2010 are US$
More informationBanking Ombudsman Scheme, 2006
Banking Ombudsman Scheme, 2006 1. What is the Banking Ombudsman Scheme? The Banking Ombudsman Scheme enables an expeditious and inexpensive forum to bank customers for resolution of complaints relating
More informationEY Regulatory Alert. Executive summary
12 January 2015 EY Regulatory Alert Central Government notifies the Depository Receipts Scheme 2014 for facilitating issue of Depository Receipts outside India Executive summary Regulatory Alerts cover
More informationMake in India Opportunities and Challenges. February 2015
Make in India Opportunities and Challenges February 2015 Contents Setting the Context Key Opportunities Challenges to be Overcome 2 Setting the Context FDI Inflows from Japan FDI Inflow in India - from
More informationEx-Ante Evaluation (for Japanese ODA Loan)
Japanese ODA Loan Ex-Ante Evaluation (for Japanese ODA Loan) 1. Name of the Program Country: India Project: Tamil Nadu Investment Promotion Program Loan Agreement: November 12, 2013 Loan Amount: 13,000
More information11. BANKS. Table 11.1 The table provides data on liabilities and assets relating to the Banking Department and Issue Depar ReserveBank of India.
11. The tables in this section present a consolidated picture of progress of banking in India, showing liabilities and assets of various categories of banks as classified below: (i) Reserve Bank of India.
More informationReview of the Economy. E.1 Global trends. January 2014
Export performance was robust during the third quarter, partly on account of the sharp depreciation in the exchange rate of the rupee and partly on account of a modest recovery in major advanced economies.
More informationForeign Direct Investment in Indian States: A Trend Analysis
Foreign Direct Investment in Indian States: A Trend Analysis Tushar Ranjan Panigrahi Research Scholar, Ravenshaw University, Cuttack, Odisha, India Rabi Narayan Patra Faculty & Deputy Director (Studies),
More informationIndia s International Trade & Investment
India s International Trade & Investment July 2017 1 Structure of Presentation 1 Indian Economy: A Snapshot 2 Merchandise Trade: A Perspective 3 Services Trade: Recent Trends 4 India s Investment Flows
More informationBanking Sector Liberalization in India: Some Disturbing Trends
SPECIAL REPORT Banking Sector Liberalization in India: Some Disturbing Trends Kavaljit Singh In the first week of August 2005, Reserve Bank of India (RBI), country s central bank, issued a list of 391
More informationXVII. STATUTORY FINANCIAL CORPORATIONS. TABLE 17.1 INDUSTRIAL FINANCE CORPORATION OF INDIA LTD. FINANCIAL ASSISTANCE TO INDUSTRIES (Rs.
XVII. STATUTORY FINANCIAL CORPORATIONS TABLE 17.1 INDUSTRIAL FINANCE CORPORATION OF INDIA LTD. FINANCIAL ASSISTANCE TO INDUSTRIES (Rs.crore) Sanctions for Cumulative sanctions the period as on Industry
More informationJOINT STOCK COMPANIES
This section contains statistics relating to joint stock companies which are based on returns received from Registrars of Joint Stock Companies. Tables 25.1 (A) (B) to 25.4 These tables present data regarding
More informationDownloaded from
OPEN TEXT BASED ASSESSMENT 2016-17 Economics (030) Class - XI Theme 2: Role of FDI in Economic Development Learning Objectives Students will be able to: Evaluate the role of FDI in the economic growth
More informationDepartment of Industrial Policy and Promotion. Department of. Pharmaceuticals. Pharmaceuticals. Sector. Achievements Report MAKE IN INDIA
1 Department of Industrial Policy and Promotion Department of Pharmaceuticals Pharmaceuticals Sector Achievements Report January 18, 2017 MAKE IN INDIA Table of Contents 03 Policy Initiatives & Investments
More informationEnabling the prospects. EY s 2014 attractiveness survey India
Enabling the prospects EY s 2014 attractiveness survey India Methodology EY s 2014 India attractiveness survey is based on... 1. The real attractiveness of India to foreign investors based on based on
More informationConstruction Industry Output in USD Billion
Infrastructure and Construction Sector Overview in India The Infrastructure / Construction sector, comprising of Real Estate (both Residential and Commercial) and Infrastructure (Roads, Highways, Airports,
More informationCHAPTER 10 FINANCES OF PONDICHERRY GOVERNMENT
CHAPTER 10 FINANCES OF PONDICHERRY GOVERNMENT Introduction Finances are one of the most important aspects and requirements of a government because for the development of a state, expenditure by the government
More informationA LITTLE OF JAPAN IN INDIA
P A G E 1 INDIA - JAPAN A Little of Japan in India P A G E 2 Japanese investments into India have been on a steady growth path since 1991 when the country s policies were liberalised. They are expected
More informationPrivate Corporate Investment: Growth in and Prospects for *
Growth in 2016-17 and Prospects for 2017-18* This article attempts to capture investment intentions in fixed capital by private companies and joint business sectors, as a barometer of short-term business
More informationKDDL Ltd. Company Overview. Company Fundamentals. Key Strengths
Other Apparels & Accessories September 3, 2012 CMP Rs. 123.5 BSE Code 532054 BSE ID KDDL High/Low 1Y (Rs.) 150 / 106.3 Average Volume (3M) 2,188 Market Cap (Rs. Cr.) 109 Shareholding % Jun-12 Mar-12 Promoters
More informationPart. Situation and Economic Indicators of SMEs in 2012 and 2013
Part 01 Situation and Economic Indicators of SMEs in 2012 and 2013 Chapter 1 + Gross Domestic Product of SMEs 1 Gross Domestic Product of SMEs The overall gross domestic product (GDP) of 2012 expanded
More informationHeadline Verdana Bold. Union Budget 2018 Understanding the impact on Foreign Portfolio Investors
Headline Verdana Bold Union Budget 2018 Understanding the impact on Foreign Portfolio Investors Forward The Indian Finance Minister presented the Union Budget 2018 today. The budget was presented against
More informationSpecial Economic Zones In India
page 22 of 50 pages Introduction Inspired by the success of Zones ( SEZs ) in the eastern provinces of mainland China and in countries such as Indonesia, India too wanted to have its own SEZs. India s
More informationMunicipal Bonds for Financing Urban Development: Some Thoughts. Sanjay Banerji. Nottingham Business School
Municipal Bonds for Financing Urban Development: Some Thoughts Sanjay Banerji Nottingham Business School Urbanization: Some Facts and Figures Table 1: Composition of Urban Population Growth in India, 1961-2001
More informationComposition of Foreign Capital Inflows and Growth in India: An Empirical Analysis.
Composition of Foreign Capital Inflows and Growth in India: An Empirical Analysis. Author Details: Narender,Research Scholar, Faculty of Management Studies, University of Delhi. Abstract The role of foreign
More informationDependence of States on Central Transfers: State-wise Analysis
Dependence of States on Central : State-wise Analysis C. Bhujanga Rao and D. K. Srivastava Working Paper No. 2014-137 May 2014 National Institute of Public Finance and Policy New Delhi http://www.nipfp.org.in
More informationEY India Defence EY s point of view on amended Foreign Direct Investment (FDI) Policy on Defence Sector
24 June 2016 EY India Defence EY s point of view on amended Foreign Direct Investment (FDI) Policy on Defence Sector Further to the FDI policy reforms in a number of sectors (including defence) as introduced
More informationRole of Banking Ombudsman in Banking Reforms
MPRA Munich Personal RePEc Archive Role of Banking Ombudsman in Banking Reforms Yogesh Kolekar Ismailsaheb Mulla Law College, Satara 19 December 2016 Online at https://mpra.ub.uni-muenchen.de/75660/ MPRA
More informationEY Tax Alert. Executive summary
5 April 2016 EY Tax Alert CESTAT rules that Service tax is not leviable under reverse charge mechanism on salary and other costs reimbursed by the Indian head office to its foreign branch Executive summary
More informationDebt Market Review: October 2018
Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Debt Market Review: October 2018 Contact: Kavita Chacko Senior Economist kavita.chacko@careratings.com 91-22-67543687 Dr. Rucha Ranadive Economist rucha.ranadive@careratings.com
More informationREPORT ON THE WORKING OF THE MATERNITY BENEFIT ACT, 1961 FOR THE YEAR 2010
REPORT ON THE WORKING OF THE MATERNITY BENEFIT ACT, 1961 FOR THE YEAR 2010 1. Scope and Objective 1.1 The Maternity Benefit Act, 1961 extends to the whole of the Indian Union and applies to every factory,
More informationPost and Telecommunications
Post and Telecommunications This section presents operating and financial data relating to the different branches of the Department of Posts including the Post Office Savings Banks. It comprises statistics
More informationEY Tax Alert. Executive summary
27 March 2015 EY Tax Alert SC over-rules AP High Court judgment, holds that beedi leaves purchased in auction by branch in AP and transferred to HO in Maharashtra not to be an inter-state sale Executive
More informationRBI/2004/201 DCM(CC)No.G- 1 / / July1, 2004
RBI/2004/201 DCM(CC)No.G- 1 /03.35.01/2004-05. July1, 2004 1. The Chairman & Managing Director/ Chief Executive Officer (All Banks having Currency Chests) 2. Directors of Treasuries (State Governments
More informationCBDT notifies revised ICDS
5 October 2016 CBDT notifies revised ICDS Background On 31 March 2015, the Ministry of Finance (MoF) issued 10 Income Computation and Disclosure Standards (ICDS), operationalising a new framework for computation
More informationPEER GROUPS CMP MARKET CAP EPS P/E (X) P/BV(X) DIVIDEND Company Name (Rs.) Rs. in mn. (Rs.) Ratio Ratio (%)
BUY CMP 1424.75 Target Price 1630.00 MINDTREE LIMITED Result Update (CONSO:IDATED BASIS): Q2 FY16 OCTOBER 17 th 2015 ISIN: INE018I01017 Index Details Stock Data Sector IT Consulting & Software BSE Code
More informationCustomer Grievance Redressal Mechanism
Customer Grievance Redressal Mechanism Date: March 21, 2018 Version: 2 0 P a g e Contents 1. Customer Complaint/Query Resolution Process & System... 2 2. Customer Touch Points to register Complaints/Queries...
More informationForeign Direct Investment in India
Foreign Direct Investment in India February 7, 2007 Investing in India Entry Routes Investing in India Automatic Route Prior Permission (FIPB) General rule No prior permission required Only information
More informationFOREIGN DIRECT INVESTMENT INFLOWS INTO INDIA
Basavana Gowda T.* Dr. B P Veerabhadrappa** FOREIGN DIRECT INVESTMENT INFLOWS INTO INDIA Abstract: Foreign direct investment (FDI) as a strategic component of investment is needed by India for achieving
More informationEXPORT-IMPORT BANK OF INDIA WORKING PAPER NO. 51
EXPORT-IMPORT BANK OF INDIA WORKING PAPER NO. 51 India s Services Sector - an Analysis EXIM Bank s Working Paper Series is an attempt to disseminate the findings of research studies carried out in the
More informationFDI SYNOPSIS ON COUNTRY NETHERLANDS (as on )
Table N. 6.1. (A) (vi): FDI SYNOPSIS ON COUNTRY NETHERLANDS (as n 31.12.2012) CUMULATIVE FDI INFLOWS: Cumulative FDI equity inflws all Cuntries in India during the perid frm January, 2000 t December, 2012
More informationFDI SYNOPSIS ON COUNTRY GREATER MEKONG (as on )
Table N. 6.1. (G): FDI SYNOPSIS ON COUNTRY GREATER MEKONG (as n 31.12.2012) CUMULATIVE FDI INFLOWS: Cumulative FDI equity inflws all Cuntries in India during the perid frm January, 2000 t December, 2012
More informationCorporate Performance Q1-FY12
STUDIES September 2 nd 2011 A study of 2508 companies in the corporate sector reveals that while top line growth was maintained at 27.4% during Q1-FY12, net profit growth was subdued at 3.3%. In particular,
More informationCapital Flows and External Vulnerability Examining the Recent Trends in India
Capital Flows and External Vulnerability Examining the Recent Trends in India Prasenjit Bose After India s current account deficit (CAD) reached an all-time high of 4.2% of GDP in March 212, the Annual
More informationMediclaim - New Rules with respect to Health Insurance Claims & Third Party Administrators (TPA) issued by Insurance Regulatory Authority (IRDA)
1 Mediclaim - New Rules with respect to Health Insurance Claims & Third Party Administrators (TPA) issued by Insurance Regulatory Authority (IRDA) New guidelines of Health Insurance claims Rules and guidelines
More informationCan Fin Homes Ltd. at a glance
Can Fin Homes Ltd. at a glance 26 years of vision, passion and progress and offering home loans since 1987..and it is just a beginning Information to investors as of 31/12/13 About us Legacy Focus 26 year
More informationGains arising in the hands of Mauritian company from sale of equity shares and CCDs of an Indian company are not taxable as interest income in India
KPMG FLASH NEWS KPMG IN INDIA Gains arising in the hands of Mauritian company from sale of equity shares and CCDs of an Indian company are not taxable as interest income in India 5 August 2014 Background
More informationPRODUCTS* AND SERVICES
PRODUCTS* AND SERVICES ICICIdirect.com has pioneered a range of products and services that help you grow your investments and achieve your financialgoals withease. This booklet gives you an understanding
More informationCurrent Account Sweeps (CABPA) - Schedule of Charges w.e.f
NEFT & RTGS TRANSACTIONS TRANSFER TRANSACTIONS CHEQUE TRANSACTIONS DEMAND DRAFTS & PAY ORDERS WITHDRAWALS CASH TRANSACTIONS** DEPOSITS AXIS BANK - TRANSACTION BANKING Current Account Sweeps (CABPA) - Schedule
More informationProcess of claiming the unclaimed deposit / activating the inoperative account
Process of claiming the unclaimed deposit / activating the inoperative account Vide the Gazette Notification dated January 7, 2013, a new section 26 (A) was inserted in Banking Regulation Act 1949, wherein
More informationQ4 FY 13. Investor Information
Q4 FY 13 Investor Information Key Messages : FY 13 Retail Advance grew by 25.47% (12.58%) SME Advance grew by 22.44% (9.49%) Retail & SME Customer base increased by 79.8% in 12 months (32.90%) Other Income
More informationAn Analytical Study of FDI in India ( )
International Journal of Scientific and Research Publications, Volume 5, Issue 10, October 2015 1 An Analytical Study of FDI in India (2000-2015) Abhishek Vijaykumar Vyas MBA International Business, Sinhgad
More informationCBDT issues draft rules for computation of fair market value and reporting requirement in relation to indirect transfer provisions
24 May 2016 CBDT issues draft rules for computation of fair market value and reporting requirement in relation to indirect transfer provisions According to the provisions of Section 9(1)(i) 1 of the Income-tax
More informationAn Overview on Foreign Direct Investment in India
An Overview on Foreign Direct Investment in India DR. ELANGBAM BINODINI DEVI Assistant Professor-Department of Business Management, H.N.B.Garhwal University (A Central University), Srinagar-Garhwal, Uttarakhand,
More informationEY Tax Alert. Executive summary
25 January 2016 EY Tax Alert AAR rules that transfer of shares of Indian subsidiary by a Mauritius company to a Singapore group entity is not a tax avoidant transaction Executive summary Tax Alerts cover
More informationLEGAL ASPECTS OF INVESTMENT INTO INDIA
LEGAL ASPECTS OF INVESTMENT INTO INDIA N. RAJA SUJITH Partner 202, Pride Elite, 10 Museum Road, Bangalore - 560001 Tel: +91 80 41470000, Fax: +91 80 41470010 Other offices: Mumbai, New Delhi, Chennai and
More informationPrivate Corporate Investment: Growth in and Prospects for *
ARTICLE Growth in 2015-16 and Prospects for 2016-17* This article analyses the trend in investment intentions of private companies and joint business sectors, which provide a measure of short - term changes
More informationOFFICE OF THE COMMISSIONER OF CENTRAL EXCISE CHENNAI II COMMISSIONERATE 692 MHU COMPLEX NANDANAM CHENNAI-35. Trade Notice No: 8/2004 Dated:.1.
OFFICE OF THE COMMISSIONER OF CENTRAL EXCISE CHENNAI II COMMISSIONERATE 692 MHU COMPLEX NANDANAM CHENNAI-35 Trade Notice No: 8/2004 Dated:.1.2004 Sub: Communication of Notification Reg. Please find enclosed
More informationGrowth of Manufacturing Sector in Post-Reforms India Some Disquieting Features
Growth of Manufacturing Sector in Post-Reforms India Some Disquieting Features Sudip Chaudhuri INTRODUCTION Extensive economic reforms have been carried out in India since 1991. In industry and trade,
More informationEY Tax Alert. Executive summary. Amendments in the Foreign Trade Policy April 2013
19 April 2013 EY Tax Alert Amendments in the Foreign Trade Policy 2009-14 Executive summary Tax Alerts cover significant tax news, developments and changes in legislation that affect Indian businesses.
More informationIndia's urban awakening: Building inclusive cities, sustaining economic growth
India's urban awakening: Building inclusive cities, sustaining economic growth July 2012 Worldwide, urban populations are growing 20x faster; 57% of world s population will be in urban areas by 2025 Forecast
More informationNo.11016/2/2008-AIS-1I Government of India Ministry of Personnel, Public Grievances and Pensions Department of Personnel and Training
No.11016/2/2008-AIS-1I Government of India Ministry of Personnel, Public Grievances and Pensions Department of Personnel and Training North Block, New Delhi-11 0001 Dated, the 19 th January, 2009. The
More information40 per cent of the global profit to Indian PE is attributed based on the functions performed, assets deployed and risk assumed
27 April 2017 40 per cent of the global profit to Indian PE is attributed based on the functions performed, assets deployed and risk assumed Background The Bengaluru Bench of Income-tax Appellate Tribunal
More information