Investment

The time is ripe for BIMSTEC leaders to give unequivocal directives to facilitate conclusion of Free Trade Agreement (FTA) which has been in negotiation phase after its framework agreement was finalized 13 years ago.

Apex industry body ASSOCHAM has opened a representative office in North America with a view to strengthen India Inc’s presence in the United States of America (USA).

The ASEAN India Research Training Fellowship Scheme (AIRTF) and ASEAN India Innovation Platform (AIIP) have been launched, taking the space & technology to the next level.

Indian banks have been mandated to provide a fixed percentage of their lending to the Micro, Small and Medium Enterprises (MSMEs), said Reserve Bank of India’s (RBI) Deputy Governor N S Vishwanathan.

The Indian and Japanese Defence Ministers have recognised the importance of promoting defence equipment and technology cooperation through a joint effort between the public and private sectors.

Singapore’s Sembcorp Industries said its power plant in India is to supply 250 megawatts of electricity to Bangladesh over 15 years.

Mumbai has again missed the Mithi river rejuvenation deadline. River cleanup was supposed to start in June 2018, writes Anuj Puri, Chairman – ANAROCK Property Consultants.

Walmart Inc is set to become the largest shareholder in Flipkart Group, having concluded related stake acquisition agreements with US$2 billion of new equity funding.

A draft National Mineral Policy is expected soon once the final touches are done, announced Bipul Pathak, Joint Secretary, Ministry of Mines.

A senior government official has called on the promoters of first tier technology to target the unorganized food sector, encouraging primary processing and providing a strong supply link to the high-end secondary and tertiary processing.