FDI flows

Global FDI up 77% in 2021: UNCTAD

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Global FDI up 77% in 2021: UNCTAD

The United Nations Conference on Trade and Development (UNCTAD) on Wednesday said that global foreign direct investment (FDI) flows showed a strong rebound in 2021, up 77% to an estimated $1.65 trillion, from $929 billion in 2020, surpassing their pre-Covid-19 level. As per the report, flows to India were 26% lower, mainly because large merger … Read more

India nullifying retro taxes will lift FDI flows, boost divestment plans: Analysts

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India nullifying retro taxes will lift FDI flows, boost divestment plans: Analysts

NEW DELHI: The government’s passing of Taxation Laws (Amendment) Bill, 2021 to nullify retrospective tax demands will give the divestment plans a major lift. While it may add nothing to the Nifty50 target in the near future, it will increase FDI flows in the medium term, analysts said. The development sent shares of Vodafone Idea … Read more