Investment

Puducherry Chief Minister V. Narayanasamy has invited Singapore investors to participate in the economic development programmes of the Union Territory which posts double-digit GDP growth annually.

Ministry of Steel has issued the Steel Scrap Recycling Policy on 8 Nov 2019 to promote circular economy in the steel sector.

Indian High Commissioner Jawed Ashraf sees enormous opportunities for Singapore as India grows its economy to US$5 trillion in the coming years, US$2 trillion of which would be the trade component.

The fundamentals of Indian economy remain quite robust with inflation under check and bond yields low, said the Finance Ministry in reaction to changed made by Moody’s Investors Service on Indian economic outlook.

It is time to further enhance India and United Arab Emirates (UAE) ‘Comprehensive Strategic Partnership’ through investments in Himachal Pradesh, said Minister of state for Finance Anurag Thakur.

Three Memorandums of Understanding (MoUs) have been signed between Ranong Port (Port Authority of Thailand) and the Port Trusts of Chennai, Vishakhapatnam and Kolkata during the first BIMSTEC Conclave of Ports on 7 Nov 2019.

The Indian stearic acid market is projected to reach nearly US$344 million by 2024, exhibiting a CAGR of 8.6%. It was valued at around US$216 million in 2018.

The Cabinet has approved the signing of the Protocol amending the Convention between India and Brazil for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.

Global energy system is transforming at an unprecedented pace and India, too, is in the midst of a major transformative shift in its energy sector, said Petroleum and Natural Gas Minister Dharmendra Pradhan.

The Cabinet has approved the establishment of a 'Special Window' fund to provide priority debt financing for the completion of stalled housing projects that are in the Affordable and Middle-Income Housing sector.