India Positive - March 15, 2019
- March 16, 2019
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The Government of India has set a target of attracting US$ 100 billion in foreign direct investment (FDI) in the coming two years, according to Mr Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation, Government of India.
Private equity (PE) and venture capital (VC) investments in Indian e-commerce and consumer internet businesses crossed US$ 7 billion in 2018, according to a report by EY.
To boost bilateral civil nuclear energy cooperation, India and the US have agreed to build six American nuclear power plants in India.
Digital media & entertainment (M&E) platforms in India grew 42 per cent in 2018 to reach Rs 16,900 crore (US$ 2.43 billion), contributing the most to the growth of M&E sector in the country, as per a joint report by EY and Federation of Indian Chambers of Commerce and Industry (FICCI).
For the first time three Indian executives have been made part of the exclusive Unilever Leadership Executive team (ULE).
FMCG sales at India's organised retail stores rose 22 per cent year-on-year in 2018, according to the Reformatting Retail in India report by Nielsen India.
New Delhi: Foreign direct investments (FDI) in India's food processing sector is expected to cross US$ 28 billion in 2019, according to Ms Harsimrat Kaur Badal, Minister of Food Processing Industries, Government of India.
The states of Madhya Pradesh and Chhattisgarh have added around 682,000 new income taxpayers after demonetisation, taking the total number of income taxpayers in these two states to over two million.
Indigenously developed Man Portable Anti-Tank Guided Missile (MPATGM) was successfully test fired for the second time in the ranges of Rajasthan desert by the Defence Research and Development Organisation (DRDO), Government of India on March 14, 2019.
The outlook of India's education sector remains stable for FY20 supported by an increase in educational institutions and enrolments, according to ratings agency India Ratings and Research (Ind-Ra).
Prabhu confident of meeting $100-bn FDI target by 20
The Government of India has set a target of attracting US$ 100 billion in foreign direct investment (FDI) in the coming two years, according to Mr Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation, Government of India.
Indian start-ups mopped up $7 bn from PEs, VCs in 2018, says EY report
Private equity (PE) and venture capital (VC) investments in Indian e-commerce and consumer internet businesses crossed US$ 7 billion in 2018, according to a report by EY.
India, US agree to build six nuclear power plants in India
To boost bilateral civil nuclear energy cooperation, India and the US have agreed to build six American nuclear power plants in India.
Digital media powered growth in India's M&E industry in 2018: Report
Digital media & entertainment (M&E) platforms in India grew 42 per cent in 2018 to reach Rs 16,900 crore (US$ 2.43 billion), contributing the most to the growth of M&E sector in the country, as per a joint report by EY and Federation of Indian Chambers of Commerce and Industry (FICCI).
Unilever's global leadership team now has 3 Indians for the first time
For the first time three Indian executives have been made part of the exclusive Unilever Leadership Executive team (ULE).
FMCG sales at organized retail stores grew 22% in 2018: Nielsen India report
FMCG sales at India's organised retail stores rose 22 per cent year-on-year in 2018, according to the Reformatting Retail in India report by Nielsen India.
Expect $28-bn FDI in food processing this year: Harsimrat Kaur Badal
New Delhi: Foreign direct investments (FDI) in India's food processing sector is expected to cross US$ 28 billion in 2019, according to Ms Harsimrat Kaur Badal, Minister of Food Processing Industries, Government of India.
MP, Chhattisgarh add 6.82 lakh new taxpayers since note-ban
The states of Madhya Pradesh and Chhattisgarh have added around 682,000 new income taxpayers after demonetisation, taking the total number of income taxpayers in these two states to over two million.
Twin Success for Man Portable Anti-Tank Guided Missile
Indigenously developed Man Portable Anti-Tank Guided Missile (MPATGM) was successfully test fired for the second time in the ranges of Rajasthan desert by the Defence Research and Development Organisation (DRDO), Government of India on March 14, 2019.
India Ratings maintains stable outlook for education sector
The outlook of India's education sector remains stable for FY20 supported by an increase in educational institutions and enrolments, according to ratings agency India Ratings and Research (Ind-Ra).
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