Page 2 - Indian Investment
Sri Lankan President Wickremesinghe reviews progress of Indian projects
Sri Lankan President Ranil Wickremesinghe on Friday advised officials to act immediately and amend government circulars if they impede Indian investment projects in the cash-strapped island nation. Wickremesinghe at a meeting attended by Vinod K Jacob, the Deputy Indian High Commissioner, examined the progress of several development projects in the country based on Indian investment cooperation, an official statement said. Wickremesinghe advised the office to amend the relevant government circulars immediately if they impeded the development projects. New Delhi at different times had raised the slow progress in implementing the Indian projects in the country. In the ongoing economic crisis, India has provided Sri Lanka with credit lines for fuel, fertiliser and essential commodities worth USD 3.5 billion. Additionally, three credit lines were provided to the tune of USD 1.5 billion and foreign exchange crisis support of USD 2 billion, the Indian High Commission said. The governme
 "Sri Lankan President Wickremesinghe reviews progress of Indian projects")
Investments rise in June quarter, but still lower than 30% of GDP
Though GFCF growth at 10-year high in constant price terms, but experts say that is overstated
 "Investments rise in June quarter, but still lower than 30% of GDP")
UK's BII, M&M to invest $500 million in new EV entity valued at $9 billion
The total capital infusion for the EV Co. is envisaged to be approximately Rs 8,000 cr/$1 billion between FY24 and FY27
 "UK's BII, M&M to invest $500 million in new EV entity valued at $9 billion")
Why LRS route for investing in capital markets abroad is mainly for HNIs
Those with small amounts should skip it owing to high costs and elaborate tax-related compliances
 "Why LRS route for investing in capital markets abroad is mainly for HNIs")
Indian fintech's success an example of popular support for reforms: Modi
India got record amount of foreign investments last year during the coronavirus pandemic, says Prime Minister in Hyderabad.
 "Indian fintech's success an example of popular support for reforms: Modi")
Tata Consultancy Services, Wockhardt lead UK's big Indian investment wins
Tata Consultancy Services (TCS) and pharmaceuticals and biotech major Wockhardt are among the big investment wins being celebrated in the UK
 "Tata Consultancy Services, Wockhardt lead UK's big Indian investment wins")
India may see $206 bn investment in oil and gas in next 8-10 years
Modi to inaugurate India Energy Forum by CERA Week on Monday, is expected to woo companies to promote Atmanirbhar Bharat
 "India may see $206 bn investment in oil and gas in next 8-10 years")
Brazilian President Bolsonaro calls for investments by Indian companies
Brazil is pushing India to expand its footprint in the country's mining, power and agri business sectors
 "Brazilian President Bolsonaro calls for investments by Indian companies")
Investors, trade bodies decry Piyush Goyal's statement on Amazon
Goyal said Amazon was not doing any favours by deciding to invest an additional $1 billion into India
 "Investors, trade bodies decry Piyush Goyal's statement on Amazon")
Fresh investments attracted by states rise 8% in value to Rs 3.35 trillion
The proposed investments totaled to Rs 3.35 lakh crore at the end of December 2018 rising from Rs 3.15 lakh crore in the year-ago period
 "Fresh investments attracted by states rise 8% in value to Rs 3.35 trillion")
Pain for India's $350 billion state bonds is good, say global fund managers
The new valuation method, though, could be another pressure point for borrowers at a time when the benchmark yield is near a 3 1/2-year high
 "Pain for India's $350 billion state bonds is good, say global fund managers")
Indian stock market investors richer by Rs 45.5 lakh cr in 2017
The Sensex on Friday went up by 208.80 points, or 0.62 per cent, to end the last trading session of the year at 34,056.83
 "Indian stock market investors richer by Rs 45.5 lakh cr in 2017")
