Investment

Gross Non-Performing Assets (NPAs) of Public Sector Banks (PSBs) have declined by Rs.89,189 crore on the year to Rs.806,412 crore in financial year ended March 2019 based on provisional data from the Reserve Bank of India. It peaked at Rs.895,601...

Four Plastic parks in the States of Assam (Tinsukia), Madhya Pradesh (Raisen), Odisha (Jagatsinghpur) & Tamil Nadu (Thiruvallur) have been approved for implementation till 2019-20, Chemicals and Fertilizers Minister D.V. Sadananda Gowda told Parliament on 25 June 2019.

World Bank is lending US$31.58 million for the Uttarakhand Public Financial Management Strengthening Project that will help improve the State’s ability to manage its Financial Systems and lead to Better Utilization of Development Resources.

Hindustan Aeronautics Limited has adequate capacity to fulfil the existing orders and projects in hand, Defence Minister Rajnath Singh has told Rajya Sabha in a written reply on 24 June 2019.

Contracts worth about Rs.138,727.16 crore have been signed with foreign vendors for capital procurements of defence equipment for Armed Forces during 2016-19, Defence Minister Rajnath Singh said in a written reply to Rajya Sabha on 24 June 2019

The Government has decided to leapfrog directly to BS-VI quality w.e.f. 1 April 2020 across the country considering the rise in environmental pollution, Minister for Petroleum and Natural Gas Dharmendra Pradhan said in a written reply in the Lok Sabha...

The Government has given ‘in-principle’ approval for strategic disinvestment of 28 Central Public Sector Enterprises (CPSEs) including Subsidiaries, Units and Joint Ventures with sale of majority stake of Indian Government and transfer of management control.

The Government has signed 135 contracts of the 210 in the last four years, 2015-19, with Indian vendors including Defence Public Sector Undertakings/Public Sector Undertakings/Ordnance Factory Board and private vendors.

The Government is constantly taking various initiatives to boost investment in the economy, including economically backward area, Minister of Finance & Corporate Affairs, Nirmala Sitharaman in a written reply to Parliament on 24 June 2019.

Andhra Pradesh startups have given a good response to the second phase of Global Accelerator and Incubator Programme which is jointly organied by the Federation of Indian Chambers of Commerce and Industry with AP Innovation Society and University of Texas...