Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Revised FDI Framework Clears 29 Investments Worth ₹4,895 Crore: Government

New Delhi: The government on Friday said that 29 FDI investments have been reported under the revised framework (up to August 20), involving proposed FDI of Rs 4,895.65 crore. The 29 investments have been reported by investors and entities based in jurisdictions including Mauritius, the United States, the Republic of Korea, Japan, Singapore, Luxembourg and the Cayman Islands, according to a…

Revised FDI Framework Clears 29 Investments Worth ₹4,895 Crore: Government

The Indian government announced on Friday that 29 foreign direct investment (FDI) proposals worth Rs 4,895.65 crore have been approved under a revised framework. The investments, reported by entities based in jurisdictions such as Mauritius, the United States, South Korea, Japan, Singapore, Luxembourg, and the Cayman Islands, span various sectors including IT, AI, manufacturing, pharmaceuticals, data centers, and transport services.

The new rules eliminate the need for prior government approval for non-controlling foreign investments in up to 10 percent stakes in bordering countries, streamlining the investment process and enhancing India's ease of doing business. This reform, part of the Press Note 2 of 2026 and amendments to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, provides greater certainty to investors and reduces transaction time.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at freepressjournal.in →

More in Finance & Markets

MNRB net profit rises to RM183.75mil in Q1

KUALA LUMPUR: MNRB Holdings Bhd’s net profit rose to RM183.75 million in the first quarter ended June 30, 2026 (1Q FY27) from RM168.43 million in 1Q FY26 due to better contributions from the…

Wall Street Set To Bounce Back

(RTTNews) - Initial cues from the U.S. Futures Index suggest that Wall Street might open significantly higher on Friday, while the major averages finished lower at yesterday's close.

More from Friday 21 August →