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Steel demand in India expected to grow above 7 pc in 2019, 2020: World Steel Association
India's steel demand is expected to rise 7 per cent in FY19, according to World Steel Association.
Telcos' revenue may grow 7 pc, network capex capped at Rs 90,000 cr in FY20
Revenues of Indian telecom companies are expected to grow 7 per cent in FY20 with their network capital expenditure reaching Rs 90,000 crore (US$ 12.94 billion) during the year.
Singapore investors bet big on India's real estate sector
Top Singapore-based private equity (PE) firms are betting big on India’s commercial realty and other sunshine sectors, according to ANAROCK Property Consultants.
Exports get a boost in March, FY19 shipments at new high
India’s merchandise exports grew 11 per cent year-on-year in March 2019 and reached an all-time high of US$ 331 billion in 2018-19.
VC investment in India is expected to be hot through end of the year: KPMG
India is expected to witness robust venture capital (VC) investment activity in 2019, as per a report by consultancy firm KPMG.
Govt targets Rs 50,000-crore of public procurement through GeM in FY20
The Ministry of Commerce, Government of India is targeting public procurement worth Rs 50,000 crore (US$ 7.22 billion) through the government e-marketplace (GeM) in FY20 and Rs 1 trillion (US$ 14.44 billion) by 2021.
India's services exports rise 5.5% to $15.6 bn in Feb; imports down 3.3%
India’s services exports increased 5.5 per cent year-on-year in February 2019 to US$ 16.58 billion, as per data from the Reserve Bank of India (RBI).
Cabinet approves Continuation of Phase 4 of Geosynchronous Satellite Launch Vehicle (GSLV)
The Union Cabinet, Government of India has approved the Geosynchronous Satellite Launch Vehicle (GSLV) continuation programme Phase-4 till 2024 with an outlay of Rs 2729.13 crore (US$ 394.22 million).
IMD expects monsoons to be near-normal this year
India is expected to have a near normal monsoon in 2019 with 96 per cent rainfall, according to the India Meteorological Department (IMD).
India to partner with Japan and UAE to set up two projects in Africa
India is going to partner with Japan and the United Arab Emirates (UAE) to build a cancer hospital in Kenya and an information and communications technology (ICT) centre in Ethiopia.
Corporate credit to grow in next few quarters on working capital needs
Commercial credit in India is expected to expand at double-digit growth rates in the next few quarters, backed by refinancing of old loans and higher working capital needs on account of rising capacity utilisation.
FPIs stay bullish on India, pour in Rs 11,096 cr in April so far
India's capital markets have received net inflows worth Rs 11,096.70 crore (US$ 1.60 billion) from Foreign Portfolio Investors (FPI) during April 1-12, 2019.