Government Examines Chinese Investments in Paytm’s Payment Aggregator Subsidiary | India Business News

Government Examines Chinese Investments in Paytm’s Payment Aggregator Subsidiary | India Business News

NEW DELHI: Days after Reserve Bank of India’s (RBI) big crack down on Paytm’s Payments Bank, sources said on Sunday that government is now examining foreign direct investments from China in the fintech company‘s payment aggregator subsidiary.According to a PTI report, government is inspecting Chinese investments into Paytm Payments Services Ltd (PPSL), which applied for … Read more

Why FDI in India is lowest in 16 yrs — no real ease of doing business, ill-considered treaty moves

Why FDI in India is lowest in 16 yrs — no real ease of doing business, ill-considered treaty moves

Similarly, as a percentage of India’s GDP, gross FDI flows dropped to just 1 percent in the first half of financial year 2023-24, while net FDI fell to 0.6 percent. These are levels last seen in 2005-06.  Infographic: Ramandeep Kaur |ThePrint The government has argued in Parliament that this fall in FDI flowing into India … Read more