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Foreign Direct Investment

2 articles

RBI Approves Emirates NBD's Acquisition of Up to 74% in RBL Bank

RBI grants Emirates NBD approval to acquire up to 74% stake in RBL Bank, subject to conditions including a 51% minimum holding and conversion to a foreign bank subsidiary. The approval is valid for on

India's Space Economy Projected to Reach $100 Billion by 2040

India's space economy was $8.4 billion (2% of global) in 2023, projected to reach $44 billion by 2033 and $100 billion by 2040. The government has liberalized the sector, allowing 100% FDI and establi