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Tag: Investment

17 Results

  • Punjab targets Rs.5 lakh Crore investment in five years 

    Punjab targets Rs.5 lakh Crore investment in five years 

    Punjab Chief Minister (CM) Captain Amarinder Singh on Tuesday said his government was targeting a total investment of Rs.5 lakh Crore in five years. Addressing a meeting to discuss the state’s new draft industrial policy, the CM said the above investment will be targeted around the seven core strategic pillars of growth including infrastructure, power, start up and...

    July 18, 2017
  • India slips to be 4th largest investor into UK

    India slips to be 4th largest investor into UK

    India has slipped by one spot to become the fourth-largest foreign investor into the UK, according to the official figures released here on Thursday. The US remains on the top, investing in 577 projects in the UK, with China (including Hong Kong) remaining in second place with 160 projects. India set up 127 new projects...

    July 6, 2017
  • No plans to deny security clearance to Chinese investment: MHA

    No plans to deny security clearance to Chinese investment: MHA

    India has no plans to put any barrier on Chinese investment in the country by going slow on security clearance given to companies from that nation, notwithstanding the ongoing Sino-Indian border row. A Home Ministry spokesperson said the issue of putting on hold security clearance given to Chinese investment was “not under any consideration”. “It...

    July 5, 2017
  • ‘Post-Brexit India-UK trade, investment can be lot better’

    ‘Post-Brexit India-UK trade, investment can be lot better’

    Trade and investment patterns between India and the UK can be much better than current levels as the UK takes a fresh approach to globalisation post-Brexit, Indian High Commissioner to the UK Yashvardhan Kumar Sinha said. Delivering the keynote address at a joint conference by the All India Management Association (AIMA) and Imperial College London...

    June 24, 2017
  • FPIs stay glued to Indian market; invest $3.55 bn in June

    FPIs stay glued to Indian market; invest $3.55 bn in June

    Foreign investors have pumped in a staggering USD 3.55 billion in the Indian capital market this month so far due to finalisation of GST rates for bulk of the items and forecast of a normal monsoon. Interestingly, most of the funds have been invested in debt markets by foreign portfolio investors (FPIs). "The differential spread...

    June 18, 2017
  • India Inc’s overseas investment drops 56 pc in May

    India Inc’s overseas investment drops 56 pc in May

    India Inc's foreign investment witnessed a sharp 56 per cent decline at USD 1.26 billion in May this year. Indian companies had invested USD 2.84 billion overseas in the same month a year ago. The Indian businesses' foreign investment also saw a decline on monthly basis as compared to USD 3.15 billion in April 2017,...

    June 15, 2017
  • India seeks to double German investment, says ex-envoy

    India seeks to double German investment, says ex-envoy

    India is seeking to double the German investment in the country over the next five years from the current 9.5 billion Euros and also wants a two-fold increase in the number of German companies, a former Indian Ambassador to Germany said here on Tuesday. In recent times, India has attracted about 74 German companies which...

    May 30, 2017
  • China to invest $800 bn in Belt and Road initiative in next 5 years

    China to invest $800 bn in Belt and Road initiative in next 5 years

    Chinese investments related to the Belt and Road initiative have totalled to $60 billion since 2013 and Beijing plans to invest $600 billion to $800 billion in the next five years, an official here has said. Ning Jizhe, vice chairman of the National Development and Reform Commission, was quoted by the state media ahead of...

    May 13, 2017
  • US’ investment in Seoul drops 1st time in 8 years

    US’ investment in Seoul drops 1st time in 8 years

    Direct investment from the US in South Korea dropped for the first time in eight years, according to data released on Monday by the South Korean central bank. The US direct investment in Asia's fourth-largest economy amounted to $33.9 billion in 2016, down one per cent from 2015, according to data from the Bank of...

    May 8, 2017
  • PM Modi hard sells India as investment destination to Turkey

    PM Modi hard sells India as investment destination to Turkey

    Prime Minister Narendra Modi on Monday invited Turkish businesses to invest in sectors like energy, rail, road, ports and housing, saying India was never a better investment destination than it is now. Addressing business leaders present at the India-Turkey Business Summit, which was also attended by visiting Turkish President Recep Tayyip Erdogan, Modi stressed the...

    May 1, 2017
  • ‘India to see $35-40 bn worth impact investments by 2025’

    ‘India to see $35-40 bn worth impact investments by 2025’

    India is projected to see impact investments worth up to $40 billion by 2025 as the country is in a "sweet spot" with high potential to deliver solutions for various problems, according to global grouping GIIN. Based in New York, the Global Impact Investing Network (GIIN) is a not-for-profit group that works to promote impact...

    April 30, 2017
  • Mali seeks more Indian investment for gold mining, agriculture

    Mali seeks more Indian investment for gold mining, agriculture

    Mali offers good opportunities and prospects for Indian entrepreneurs and investors in the gold mining and food processing space, among others, the Indian Embassy in capital Bamako has said. "Mali is Africa's third-leading gold producer (after South Africa and Ghana) and has an estimated reserve of 600-800 tonnes. There is considerable scope for joint ventures...

    April 18, 2017
  • Govt awards 49 port projects worth Rs.8.3k cr in FY17

    Govt awards 49 port projects worth Rs.8.3k cr in FY17

    The government awarded 49 port projects with an investment of Rs.8,341 crore in the previous fiscal, which will result in capacity addition of 104 MT. This was against a target of 102 million tonnes per annum (MTPA) capacity augmentation. “In respect of development of port infrastructure, 49 projects have been awarded with a capacity of...

    April 17, 2017
  • Anil Ambani, Anand Mahindra ready to invest in Punjab

    Anil Ambani, Anand Mahindra ready to invest in Punjab

    Punjab is all set to take a major leap in industrialisation, with leading captains of Indian industry on Tuesday offering a slew of investments and project initiatives in the state during separate meetings with Chief Minister Captain Amarinder Singh on the second day of his Mumbai visit. While Reliance ADAG, headed by Anil Ambani, sought...

    April 11, 2017
  • Infrastructure investment to boost in Pakistan: ADB

    Infrastructure investment to boost in Pakistan: ADB

    The upgrade of Pakistan's infrastructure will attract direct investment from abroad, including industries in China which seek lower-cost locations, the Asian Development Bank has said. According to an ADB report on Sunday, the China-Pakistan Economic Corridor (CPEC) will significantly address Pakistan's infrastructure deficit. The country's annual spending on infrastructure is only two-three per cent of...

    April 10, 2017
  • UK-India to hold talks on bilateral trade, investment

    UK-India to hold talks on bilateral trade, investment

    British Finance Minister Philip Hammond will hold discussions with his Indian counterpart Arun Jaitley on Tuesday to promote trade and investments between the two countries. Hammond is visiting India to participate in the UK-India Economic and Financial Dialogue. According to the British High Commission, the ninth UK-India Economic and Financial Dialogue (EFD) is hosted by the...

    April 4, 2017
  • UK-India to hold talks on bilateral trade, investment

    UK-India to hold talks on bilateral trade, investment

    British Finance Minister Philip Hammond will hold discussions with his Indian counterpart Arun Jaitley on Tuesday to promote trade and investments between the two countries. Hammond is visiting India to participate in the UK-India Economic and Financial Dialogue. According to the British High Commission, the ninth UK-India Economic and Financial Dialogue (EFD) is hosted by the...

    April 4, 2017