Foreign Direct Investment

Rs 7,000 cr may come into insurance sector

The Union government's recent approval to the insurance Bill, which proposes, among other things, to raise the cap on foreign direct investment to 49 per cent from 26 per cent for private sector insurance companies, is expected...

FDI through Mauritus: Has the dust settled?

The Foreign Investment Promotion Board seems to have laid to rest the controversy surrounding FDI investments routed via Mauritius. In its last meeting, FIPB gave nod to several FDI proposals rejecting the Revenue Department's...

India should allow 49% FDI in insurance

London: Gerry Grimstone, chairman of Standard Life Plc., wears three hats. Apart from heading the Edinburgh-headquartered asset management group, he is also chairman of Candover Investments Plc., one of Europe’s oldest private...

Global: Lebanon economic and strategic outlook macroeconomic profile

Via Acquire Media NewsEdge) Nov. 30--Lebanon is a competitive and free market regime with a strong proactive commercial tradition. Lebanon has witnessed a sluggish growth in its GDP during the past six years with nominal GDP...

Africa has made encouraging progress in attracting foreign direct investments

Africa has made encouraging progress in the mobilization of international capital flows to the continent. Word of this comes from the President of Tanzania Jakaya Kikwete (photo). Speaking on behalf of the African Union...

ME current account surplus to drop

The current account surplus of MENA (Middle East North Africa) region is forecast to drop 18 per cent in 2009 as a result of a sharp drop in oil prices, a report by , a Kuwait-based economic think-tank said. Quoting...

RPT-SCENARIOS-What could happen after the Mumbai attacks

Source: Reuters NEW DELHI, Nov 29 (Reuters) - Here are some political, economic and geopolitical scenarios for India after the attacks in Mumbai. At least 195 people were killed during coordinated attacks by Islamist ...

Igor Dodon: Moldova became an island of economic stability

First Deputy Prime Minister and Minister of Economy and Trade Igor Dodon said that the foreign direct investment in Moldova would total US$600-650 million at this yearend, an increase of over 20% year-on-year. “A comparative...

Bulgaria's Foreign Investments down by EUR 1 B due to Global Financial Crisis

Bulgaria's foreign direct investments in 2008 have declined by EUR 1 B compared to their 2007 level as a result of the global financial crisis. This was announced Friday by the Bulgarian Minister of Economy Petar Dimitrov in an...

Wrinkle Urges Security Bond On FDI Projects

BCA President Stephen Wrinkle wants the government to ensure that a security bond is entrenched in FDI agreements. But as it now stands, with the downturn in the economy, less than 10 percent of these projects received approval...

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