Investment

PCPIR policy targets $142bn investment by 2035 Petroleum and Natural Gas Minister Hardeep Singh Puri expects the petrochemical sector in India to attract investments exceeding US$87 billion in the next decade, representing over 10% of global petrochemical growth opec.org. Under...

Stalwarts given update on telecom industry progress With a US$1.4 billion outlay over five years, the Production Linked Investment (PLI) scheme has already attracted over US$450 million in investments and generated around US$6 billion in sales for telecom companies, Minister...

PFC unit to lend in India and in other countries in foreign currency PFC Infra Finance IFSC Limited (PIFIL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has received approval from International Financial Services Centres Authority (IFSCA) to...

NBFCs have bolstered MSME growth, with 15% CAGR in AUM 5+ years, says Nath A report has highlighted the importance of formalisation and digitalisation in enhancing MSMEs' access to credit and growth opportunities msme.gov.in . Borrowings by MSMEs are increasing,...

Col Rathore highlights investment opportunities in the state Rajasthan is seeking investments from across sectors in the Association of Southeast Asian Nations (ASEAN), Col Rajyavardhan Rathore , the Minister for Industry and Commerce in the state government, said in Singapore...

Tata Group has a large presence in Singapore with 15 operating companies The late Ratan Tata, the former chairman of Indian salt-to-software conglomerate Tata group, was a true friend of Singapore pmo.gov.sg and his legacy will be cherished, Prime Minister...

Industry can expect more financial product and service innovations in the next few months India's embedded finance industry is expecting a CAGR of 37.8% from 2024 to 2029, reaching US$28.6 billion by end of five years from US$5.75 billion this...

BIT reflects both nations' shared commitment towards enhancing economic cooperation India makes 5% of its total Overseas Direct Investments in the United Arab Emirates which totalled US$15.26 billion from April 2000 - August 2024, while the Emirates has invested US$19...

Multi-currency funding to expand PFC operations Power Finance Corp (PFC), a leading NBFC in Indian power and infrastructure sector, has closed issuance of largest-ever foreign currency term loan of US$1.265 billion through a facility agreement with multiple banks based in...

Goyal and Raimondo discussed bilateral cooperation in critical minerals The India-US CEO Forum, reconstituted in Nov 2022, will work in tandem with, and provides inputs to, government-to-government US-India Commercial Dialogue, the Commerce and Industry Ministry said. It is to allow...