Investment

PM Modi says endeavour to build urban centres Projects worth US$30 billion have been prepared for the 100 Smart Cities while US$20 billion of projects have been completed or are nearing completion, Prime Minister Narendra Modi has told the 3rd...

Cybercriminals’ state-sponsored attacks on government agencies India suffered more than US$15 billion due to cybercrime, cyber fraud, and identity theft in 2019 compared to the US$9.3 billion investment secured during the year. What is gravely concerning is that while these...

Farm out new blocks to international E&P players, says Pradhan The 11 winners of Open Acreage Licensing Policy (OALP) Bid Round-V have been urged to bring in new technologies and new business models to expedite the production of oil and...

The globe is a source of ideas, inspiration and aspirations, says Jaishankar India is far more international than the one before and its embrace of the world has been strongly facilitated by the technologies of the digital era, External Affairs...

Non-core asset monetization process being accelerated The World Bank is to provide advisory services to the Department of Investment and Public Asset Management (DIPAM) monetization of the government CPSEs under strategic disinvestment or closure and enemy property. The World Bank...

ECLGS 2.0 will provide 100% guaranteed collateral-free additional credit Taking cognizance of CII’s recommendation, the government’s decision to extend the Emergency Credit Line Guarantee Scheme (ECLGS) for the 26 stressed sectors identified by the Kamath Committee is commendable despite the...

PLI: ASSOCHAM sees multiplier effect on economic activities The Production-Linked Incentive (PLI) Scheme for 10 more sectors with an additional outlay of Rs.145,980 crore is a massive boost to India becoming a global manufacturing hub, ASSOCHAM Secretary General Deepak Sood...

Developers and homebuyers will benefit from the relief Giving a major boost to residential real demand amidst the ongoing festivities, Finance Minister Nirmala Sitharaman announced income tax relief for developers and homebuyers on 12 Nov 2020. The increase in the...

Opportunity for a new global benchmark, says Shah A huge domestic economy and around 30 million strong Indian diasporas globally would help IFSC to emerge as a dominant gateway for global capital flows into and out of India, said Injeti...

Goyal assures of Government handholding The Production-Linked Incentive (PLI) Scheme introduction in the 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports will help India become strong, self-sufficient, self-reliant, meet domestic market needs and improve exports, says Commerce...