Investment

Sectors like Tourism, Urban Development, Infrastructure and Agri based Industry have a great potential to taking forward the Indian economy and create jobs, Prime Minister Narendra Modi told various senior Economists, Private Equity/Venture Capitalists and Business Leaders.

As part of its ongoing effort to establish a global development network, Rubicon Research Private Limited is planning new projects with new acquisition Impopharma Canada Limited.

India will have to raise its labour productivity growth to 6.3% to achieve 8.0% GDP growth, says India Ratings and Research (Fitch Group). The labour productivity growth in FY19 was 5.2%.

The State Bank of India’s (SBI) latest and highly differentiated home loan scheme is an extremely good move and positive for the residential real estate sector as a whole.

The Cabinet approves Capital Grant as Viability Gap Funding (VGF) to Indradhanush Gas Grid Limited for setting up the Rs.9,265 crore North East Natural Gas Pipeline Grid.

The Micro Small and Medium Enterprises (MSME) sector has better adaptability to cater to the export market due to its smaller size and ability to adapt fast to market change, said Commerce and Industry Minister, Piyush Goyal.

Fintech and green finance could play a critical role in achieving inclusive growth and broad-based prosperity in India, said Singapore’s Senior Minister Tharman Shanmugaratnam.

Adani Ports and Special Economic Zone Limited (APSEZ) plans to enhance cargo volume to 100 MMT in around 7 years at Krishnapatnam Port Company Ltd (KPCL) in which it is acquiring 75% controlling stake for Rs.13,500 crore.

Adani Ports and Special Economic Zone Ltd (APSEZ) is expected to maintain its ratio of funds from operations to debt at more than 15% following its acquisition of 75% of Krishnapatnam Port Co Ltd for an enterprise valuation of Rs.135...

The economic landscape has deteriorated so fast lately that FY20 is turning out to be a year of rapid downward growth revision, noted Dr. Sunil Kumar Sinha, Director - Public Finance & Principal Economist at India Ratings & Research (Fitch Group).