Investment

25-year supply of clean and green energy Azure plant. Azure Power (NYSE: AZRE) has won a 260 MW solar project in an auction conducted by Gujarat Urja Vikas Nigam Ltd (GUVNL). The 260 MW allocation is the largest allocation by...

Sitharaman and Mattis discuss technology initiative Sitharaman and Mattis issuing a Press Statement during media interaction, in New Delhi on 26 September 2017. India and the United States need to expand on the progress already made by encouraging co-production and...

Ministers see opportunities for JVs and SEZs Lukita meeting  Suresh Prabhakar Prabhu in New Delhi on 25 September 2017. India has raised the issue of market access to automotive and auto components manufactured in India with Indonesia. Commerce and Industry...

Prabhu discusses trade and economic issues in Seoul India and South Korea have reviewed progress of the Comprehensive Economic Partnership Agreement (CEPA) during visit of Commerce and Industry Minister, Suresh Prabhu to Seoul 21-23 September 2017. Prabhu to participated in...

Indian diaspora returning with investments Singh addressing the Conclave, in New Delhi on 23 September 2017. India is fast emerging as investors' destination and this has been primarily possible because of a number of decisions taken by the Union Government...

Recapitalize banks to lift investments, Rangarajan Dr C Rangarajan. A former economic adviser to the Prime Minister has called for revival of the stalled projects and boost investments for economic growth. There have been a number of stalled projects. And...

New policy should compensate for delayed projects The ASSOCHAM has submitted an action plan for doubling the contribution of the mining sector to the Gross Domestic Product (GDP) and adding to the employment. The action plan includes compensation to the...

Minister also announced Rs.2.5 lakh per house assistance Puri lighting the lamp at the Real Estate and Infrastructure Investors Summit  2017, in Mumbai on 21 September 2017. The Indian government has announced a new Public Private Partnership (PPP) policy to...

Rajasthan sells plant for Rs.40 billion NTPC Ltd acquire 1,000MW Chhabra Thermal Power Plant from Rajasthan state government for about Rs.40 billion in an otherwise commercially underperforming power sector in India. NTPC is also expected to acquire under-construction 1,320MW capacity...

Korea-India needs to increase to trade volume South Korea’s exports to India were US$11.6 billion in 2016, up about 50% since the signing of the Comprehensive Economic Partnership Agreement (CEPA), said Young Sam Kim, Additional Minister for Trade, Industry and...