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India becomes investment darling for sovereign wealth and pension funds
India has become a favourite investment destination for sovereign wealth and pension funds with stakes being bought in everything from airports to renewable energy.
PM sets up panel on big agri sector reforms, says $5-trn economy achievable
Mr Narendra Modi, Prime minister of India, announced setting up of a committee on structural reforms in the agriculture sector of the country to ensure that India becomes a US$ 5 trillion economy by 2024.
89 pc family biz in India expect to grow in next 2 years: Survey
About 89 per cent of the family businesses in India expect growth in the coming two years, according to the ‘Family Business Survey 2019' by PwC.
FPIs remain net buyers in June, invest Rs 11,132 cr
Foreign portfolio investors (FPIs) were net buyers in the Indian capital markets in June 2019 with a net monthly inflow of Rs 11,132 crore (US$ 1.60 billion).
India Inc's advance tax mop-up surges 171% in Q1, Mumbai collection up 133%
Total advance tax collection in India increased 171 per cent year-on-year between April-June 2019, indicating a high growth period returning for India's formal sector.
India will lead by example in combating desertification: Union Environment Minister
India will make targets not under any global pressure but according to country’s real sustainable development, according to Mr Prakash Javadekar, Minister of Environment, Forest and Climate Change and Information and Broadcasting.
Manufacturing, Infra to add 58,200 jobs in Apr-Sept FY20
India's manufacturing, engineering and infrastructure sector is expected to add 58,200 new jobs between April-September 2019.
RBI panel on MSMEs suggests Rs 20 lakh collateral-free loan under Mudra
A Reserve Bank of India (RBI) expert committee on micro, small and medium enterprises (MSMEs) has recommended to double the cap on collateral-free loans to Rs 2 million (US$ 28,638) for borrowers under the Mudra scheme, self-hep groups (SHGs) and MSMEs.
Indian flexi-workforce rises to 3.3 mn in 2018 from 1.2 mn in 2015: Report
Workforce under contract employment in India grew at a compounded annual growth rate (CAGR) of 16.3 per cent between 2015-18 to 3.3 million, according to a report by the India Staffing Federation (ISF).
French aviation, defence industries have chosen India for cooperation: Envoy
French aviation and defence industries have selected India for providing support to deepen industrial relations in defence and the civilian aerospace sectors, according to Mr Alexandre Ziegler, French Ambassador to India.
Public cloud revenue in India likely to grow 24% this year: Gartner
Public cloud services income in India is estimated to grow 24.3 per cent in 2019 to US$ 2.4 billion in 2019.
Forex retail trading platform ready for roll-out on August 5, says RBI
The currency trading platform for retail trading will be launched by the Clearing Corporation of India (CCIL) on August 05, 2019, according to the Reserve Bank of India (RBI).