Investment

Bullion exchange at Gandhinagar to come into plays soon, says Sitharaman The Department of Economic Affairs has recently approved Rs.200 crore for International Financial Services Centre Authority's (IFSCA) headquarter building which has Rs.100 crore as Grant in Aid and Rs.100...

Spike in consumer spending indicates life is getting restored, says Sitharaman Finance Minister Nirtmala Sitharaman has requested India Inc to venture into new areas, find partners to upgrade technologically, invest in infrastructure and focus on growth as the Government makes...

Long-term financing is yet to mature in India’s capital markets The Rs.111 trillion National Infrastructure Pipeline, Rs.6 trillion Asset Monetization Plan and the 13 PLI schemes are expected to generate about Rs.2.2 trillion of investments in FY2022-24, which would possibly...

Mumbai company to boost Ayurvedic production Ratan Tata-backed Bombay Hemp Company Pvt Ltd (BOHECO) is discussing with various Canadian companies and entrepreneurs strategic investments and is expecting to make further announcements in the weeks ahead. “We are currently in discussions...

Enhanced efforts are being made in expanding the sector's access to credit, says Ramann Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs), has...

Dr. Arnoud De Meyer joins the upGrad board Mumbai-headquartered upGrad, one of the fastest growing EdTech companies in the world offering higher education degrees and courses online, has announced Asia Pacific expansion plans as consumer demand and adoption of high-quality...

Swiss group launches IE5 Motors to help save energy consumption in India As Energy efficiency becomes a center point in reducing climate change risks, the need to promote adoption of sustainable technologies gain greater significance. ABB India is playing an...

Revised Model Concession Agreement will catalyze investment in Port sector Minister for Ports, Shipping and Waterways Sarbananda Sonowal said 31 projects, worth more than Rs.14,600 crore, are to be awarded on Public Private Partnership (PPP) basis till FY2025. More than...

Govt prepares package of incentives for semi-conductor manufacturing Prime Minister Narendra Modi said India is investing in developing indigenous capabilities in telecom technology such as 5G and 6G in preparation for the future with world-class capabilities in quantum computing. India's...

PLI has received positive feedback, says Goyal The Government aims to double its exports of auto components to US$30 billion by 2026 from the current US$15 billion, Commerce and Industry Minister Piyush Goyal said at the reviews of work of...