Investment

Coastal Berth Scheme expanded to cover DPR   The Ministry of Shipping has taken up projects worth Rs.2,302 crore for financial assistance under the Coastal Berth Scheme of the flagship Sagarmala Programme. The Ministry, after due appraisal in consultation with...

Progress of 55 projects reviewed The Asian Development Bank is willing to enhance its annual sovereign lending to Indian projects from the present US$2 billion to US$3 billion, said Diwesh Sharan, Deputy Director General (DDG) for ADB’s South Asia Department,...

Minister calls for zero defect-zero effect policy Streamline taxes, implement incentives and create healthy competition among states to attract domestic and global investors for India to break into top 50 in the World Bank’s Ease of Doing Business Rankings. “We...

Arval to undertake financial leasing The Department of Economic Affairs has cleared Foreign Direct Investment (FDI) of Rs.24.56 crore in October 2017. It has given approval to Sterling Commerce Solutions India Pvt Ltd to issue shares following its merger with...

Application days increased for online dealings The Shipping Ministry has launched revamped software and updated guidelines to facilitate implementation the Rs.4,000 crore financial assistance approved in 2015. The Ministry has rolled out an updated version of the web application, along...

PM’s Reform, Perform, Transform mantra works India has improved its much awaited global ranking on ease of “Doing Business” to 100 ranking out of the 190 ranked by the World Bank for this year. It leapt 30 ranks from 2017’s...

Make in India gets boost from Home Affairs The Home Affairs Ministry has liberalised the Arms Rules for manufacturing arms which will encourage investment in the manufacturing of arms and ammunition and weapon systems as part of the “Make in...

India has made significant investment in US (L-R) Rakesh Bharti Mittal, CII-President Designate & Vice Chairman, Bharti Enterprises; Minister  Suresh Prabhu, Rita Teaotia, Secretary of Commerce, Ministry of Commerce and Industry,  and Secretary William Cohen, CEO of the Cohen Group...

Sitharaman stresses on level playing field Sitharaman interacting with the industry representatives on roundtable in New Delhi on 28 Oct 2017. Defence Minister Nirmala Sitharaman has assured that the government is fully committed to removing all the stumbling blocks and...

JNPT to add berth/jetty Karwar Port in Karnataka is to invest Rs.215 crore on extension of the existing Southern breakwater by 145 metres and construction of a new North breakwater of 1,160 metres. The project is to be completed in...