Investment

Modi says gas-based economy is the need of the hour for India The Prime Minister Narendra Modi has laid the foundation stone of the second Catalytic-Iso dewaxing unit of Haldia Refinery and dedicated to the nation the LPG import terminal,...

Embassies working on developing business ties, says Amb. Rzheussky Madhya Pradesh is seeking business partnerships with the Mogilev Region of Belarus, especially in 40 services identified under the 'Ease of Doing Business' for industries with offers of special financial assistance...

Ministerial meeting in three months following HLD Indian and European Union Ministers have agreed to meet within the next three months, with an objective for reaching consensus on a host of bilateral trade & investment cooperation issues through a bilateral...

Incentivize manufacturers and OEMs, says Sethi The Government is targeting to develop 200 airports in next four years including airport, heliports, seaports and advanced landing grounds with private investors participation, according to Civil Aviation Secretary Pradeep Singh Kharola. Currently, India...

Hopes on Budget 2021-22 to accelerate economic growth The Reserve Bank of India (RBI) has kept benchmark interest rate unchanged at 4% while maintaining an accommodative stance, implying rate cuts in the future if need arises to support the COVID-19...

Make in India 2.0 focus on 27 sectors Domestically Manufactured Iron & Steel Products (DMI&SP) Policy has been suitably amended vide notification dated 31 December, 2020, in order to align it to the revised Public Procurement (Preference to Make in...

IAF-Industry to set up repair and overhaul facilities in India Aviatech Enterprises Pvt Ltd (AEPL) has entered into a ‘Framework Agreement’ with Joint Stock Company Russian Aircraft Corporation (RAC} MiG of Moscow to be the in-country authorised partner for providing...

Long-term objectives to have funds replace Govt spending The Finance Act, 2020, has introduced tax exemptions for Sovereign Wealth Funds (SWFs) and Pension Funds (PFs) for income in the nature of dividend, interest or long-term capital gains arising from investments...

Bonds reflect international investors confidence in PFC business Power Finance Corporation Ltd (PFC), the leading NBFC in power sector, has raised US$500 million on 29 Jan 2021 through the issuance of USD denominated Bonds to be utilized in accordance with...

Saraf calls for a National Shipping Line to help exporters Positive growth of about 5.5% with US$27.24 billion of exports show not only signs of better order booking position but further improvement in coming months and the new fiscal, reiterated...