New Delhi, June 25 Finance Minister Nirmala Sitharaman discussed opportunities in India for growth and investment on the back of the reform measures taken by government, during a global investors roundtable organised by the US-India Strategic Partnership Forum (USISPF). The
Mumbai, June 6 Amid robust fourth quarter earnings and declining daily cases of Covid-19, foreign portfolio investors (FPI) have made a comeback in June and invested nearly Rs 8,000 crore during May 31-June 4. FPIs made a net investment of
Mumbai, June 3 Mutual funds can now make overseas investments of up to $1 billion within the overall industry limit of $7 billion. The Securities and Exchange Board of India (SEBI) on Thursday raised the investment limit to $1 billion
New Delhi, June 01 Base effect led to India’s eight major industries’ output sky-rocketing during April 2021. The Index of Eight Core Industries’ reading for last month showed an expansion of over 56 per cent from a (-) 37.9 per
New Delhi, April 11 The Jammu and Kashmir administration is taking major steps to open up the healthcare and services sector in the union territory for investments. Speaking to IANS here, state Principal Secretary, Commerce and Industry Ranjan Prakash Thakur
New Delhi, Dec 29 Despite the Covid-19 challenges, Indian startups received investments to the tune of $9.3 billion in 2020, according to data from consultancy firm Tracxn. The figure is much lower than the record $14.5 billion raised by Indian
Mumbai, Nov 19 The Indian data centre industry has attracted investments totalling around $396 million during January-September 2020, a report by Anarock and Mace said on Thursday. “The Indian data centre industry has attracted close to $977 million in PE
Chennai, Oct 12 The Tamil Nadu government on Monday signed 14 MoUs for industrial investment worth Rs 10,055 crore with an employment potential of 7,000 persons. The MoUs were signed in the presence of Chief Minister K. Palaniswami at the
New Delhi, Oct 12 The government has increased its capital expenditure budget to step up expenditure on projects that generate employment and spur economic activity and growth. Accordingly, Finance Minister Nirmala Sitharaman on Monday announced that Centre’s capital expenditure budget
New Delhi, Sep 29 In a major push to domestic manufacturing in the country, the government proposes to pump in over Rs 3 lakh crore through an umbrella production linked incentive (PLI) scheme that will run simultaneously in 10 identified
New York, Sep 29 US President Donald Trump or his company paid $145,400 in taxes to India and received $2.3 million from projects there, according to The New York Times. The newspaper said the taxes were paid by him or
New Delhi, Sep 22 State Bank of India chairman Rajnish Kumar on Tuesday said that interest rate cuts had not led to an increase in investment, despite the banks passing on the rate cuts to the customers. Speaking at the
Chennai, Sep 17 India should look at outward investments in agriculture and rare earth elements to meet domestic demand as well as specific interventions for encouraging innovation-led manufacturing, revisiting regulations to reduce import dependence in certain sectors, states a study
Mumbai, Aug 28 As Indian enterprises speed up their digital transformation amid the pandemic, a new report on Friday predicted that by 2030, 10 high potential national open digital ecosystems (NODEs) in sectors like health, agriculture and justice etc can
Mumbai, Aug 26 Education finance NBFC, Indian School Finance Company (ISFC) on Tuesday announced it has tied up equity and debt commitments of $30 million investment from a consortium led by its shareholder Gray Matters Capital. Other partner NBFCs including
Chennai, Aug 22 In relief to life and non-life insurers, the Insurance Regulatory and Development Authority of India (IRDAI) on Friday announced slight change in its investment regulations. Insurers were now permitted to classify investments in preference and equity shares
New Delhi, Aug 13 Even as the Indian Railways plans to introduce the first set of 12 private trains in 2023 followed by 45 more in the next fiscal as per an initial timeline, the national transporter held the second
Mumbai, Aug 6 The Reserve Bank of India (RBI) on Thursday came up with a fresh set of risk capital charges for banks investing in debt instruments such as mutual funds or exchange-traded funds (ETF). RBI Governor Shaktikanta Das said
New Delhi, July 28 The government will soon set up a single window system for clearances and approvals for industries in the country, Commerce and Industry Minister Piyush Goyal said on Monday. In an interaction with sovereign wealth funds, foreign
Chennai, July 23 The Tamil Nadu government on Thursday signed MoUs with 16 investors for a potential investment of Rs 5,137 crore in various projects, an official statement said. The MoUs were signed at the state secretariat, in the presence
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