Investment

Funding for market-driven vocational training India has signed a financing agreement with the World Bank for IDA Credit of USD 125 million (equivalent) for the “Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) Project”. The Financing Agreement was signed by...

Minister calls on industry to identify markets   A strategy to boost the share of services in the export basket of the country is being formulated, said Commerce and Industry Suresh Prabhu at the Services Conclave: “Serve India and the...

African operations to contribute to profit, says Mittal Indian telecom group, Bharti Airtel, is to acquire Tigo Rwanda Ltd under an agreement with owner Millicom International Cellular S.A. Bharti has a definitive agreement with Millicom under which Airtel Rwanda Limited...

Further investment promotion reforms required   India can achieve an 8% economic growth rate for the next two decades if it unleashes the next set of reforms that could help it in realising its full potential, said a UN official....

Overall manufacturers less optimistic Auto, Capital Goods, Metal and Metal Products are expecting higher growth for the current third quarter, compared to Q2, according to a survey by the Federation of Indian Chambers of Commerce and Industry (FICCI). Chemicals and...

36 declared technical feasible A total of 111 waterways have been declared as National Waterways (NWs) with 111 NWs, NWs-1, 2 and 3 having cargo and passenger vessels are moving on them. Development works under Phase-I have commenced on NW-4...

DBOT project on offer in Assam   Assam Tourism has 3.33-acre of vacant land for development of resort/tourism lodge at village Bezaltoli Gaon Mouza, Roggagora Revenue Circle in Tinsukia Area. Project cost is estimated Rs.33 crore to Rs.40 crore (US$5.08...

Banks seek Credit Guarantee Fund for agri sector Jaitley at the 7th Pre-Budget Consultations Meeting. Finance and Corporate Affairs Minister Arun Jaitley said the Central Government has decided to take a massive step to recapitalize the Public Sector Banks (PSBs)...

Momentum of infra development must be kept going Jaitley addressing FICCI on 14 Dec 2017. Finance Minister Arun Jaitley has outlined the imperative need to complete the task of strengthening the banks through capitalization to enable them to lend to...

Start-ups and SMEs to get opportunities in defence sector Eight projects have almost fructified and were about to be sanctioned while close to another 24 projects were in the process of coming through the Technology Acquisition and Development Fund, Defence...