The trade deficit contraction estimate has been made for FY22, assuming for a fourth of the items in the 40 specified sectors being sourced locally, Acuite Ratings and Research said.
Home Ministry received more than 20 proposals for foreign direct investment, including from China and Hong Kong, requiring security clearance between April and May.
China Three Gorges Corp.'s buyout plan for Portuguese power generator Energias de Portugal SA on Friday, while Portugal seems relaxed about the bid, it may not work for the whole of Europe