Overall, the government has approved 63 FDI (foreign direct investment) proposals worth ₹10,292.67 crore, or $1.18 billion, during April 2025-March 2026, according to the DPIIT data
India approved only one Chinese FDI proposal worth ₹1 crore in the financial year 2025-26, while granting clearance to 13 applications from Hong Kong worth ₹610.42 crore. This data comes from official records and is crucial as investments from countries sharing a land border with India have been subject to government approval since April 2020 under Press Note 3 of the Department for Promotion of Industry and Internal Trade (DPIIT).
The aim of this measure is to prevent opportunistic takeovers and acquisitions of Indian companies during the COVID-19 pandemic. Overall, the government has approved 63 FDI proposals worth ₹10,292.67 crore in the same period.
Brief written by urgent.news from The Hindu's own syndicated text.
Machine-written — may contain errors; check the original before relying on it.
Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.
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