Economy

Foreign direct investment (FDI) slipped by 1% to US$44.37 billion for 2018-19 in India, a first time in six years, said the Department for Promotion of Industry and Internal Trade (DPIIT).

The Confederation of Indian Industry (CII) called for lowering corporate tax rates, maintaining the peak rate of customs duty, kickstarting Government expenditure, and rationalising TDS as well as dispute resolution provisions.

Build Infra-improve ease of doing business   India, with a large consumer market, is in a favourable position to attract Foreign Direct Investment (FDI) to a ratio of 1.5% to 2% of its Gross Domestic Product (GDP), up from the...

The Federation of Indian Chambers of Commerce and Industry (FICCI) is boosting the image of India’s tourism industry with excellence awards, citing the sector as one of the key economic growth drivers.

The quintessential Indian's yen for investing in real estate continues. The latest data vouchsafes the visible return of investor sentiment for real estate, and the enthusiasm is not limited to traditional property hotspots of the big cities, writes Anuj Puri,...

The potential for reforms following the decisive victory for incumbent government led by Bharatiya Janata Party (BJP) is likely to maintain buoyancy in local funding markets and improve the flow of foreign capital for corporates in India, said S&P Global...

The Reserve Bank of India (RBI) has underlined the importance of Non-Banking Finance Company (NBFC) sector and has sought public comments on a flexible draft framework for consideration before issuing the final guidelines.

SKI Carbon Black (Mauritius) Ltd's (Birla Carbon) refinancing risk will rise following its acquisition of Aditya Birla Group's trading outfit, Swiss Singapore Overseas Enterprises Pte Ltd (SSOE), said S&P Global Ratings on 24 May 2019.

Prime Minister Narendra Modi, with his government's second term backed by a strong mandate, is expected to put India confidently on the world stage both economically and politically as it progresses on with pro-business reforms and the massive infrastructure development.

Millions of Indians have given their verdict and the real estate sector has every reason to cheer. After all, the sector got the maximum policy-related attention during this government's first tenure, writes Anuj Puri, Chairman of ANAROCK Property Consultants.