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The event features participation from 32 countries, 17 of which are designated as partner nations, including Japan, Switzerland, Singapore, Denmark, and South Korea
Unshackling animal spirits: A record Rs 1.1 trillion in foreign flows via IPOs, QIPs, and rights issues
The government is working to get a so-called "entertainment complex" bill, which will allow casinos to be housed within large venues
Even after the recent selloff, MSCI India trades at 22 times forward earnings, more than 1.5 standard deviations higher the its two-decade average, Chinese stocks are a lot cheaper, by comparison
FIIs net sold stocks worth Rs 10,712 crore in the cash market, and index futures worth Rs 10,336 crore in the derivatives segment in the three trading sessions post Budget 2024.
Apart from climate transition, India's forays into electronics and infrastructure-related manufacturing are gaining prominence with investors abroad, an expert said
Education, IT and consulting, electronics among sectors attracting overseas entities
The Indian markets appear to be expensive, on an absolute basis, with 1-year forward valuation at 20 times. The overall risk/reward ratio, thus, seem unfavourable on a historical basis, Gupta said
India's high demand for oil and low domestic output are increasing the dependence on imports. The 'supportive' upstream policy, if backed by lower taxes, could turn things around
Latching on to either of those arguments to let Trump off the hook would be a mistake
Indian companies made FDI investments of USD 335 million in Dubai during January-June, Vestian on Tuesday said. The foreign direct investments (FDI) into Dubai from Indian companies stood at USD 541 million in the entire 2022, real estate consultant Vestian said citing data of the Department of Economic Development, Dubai FDI. "Dubai witnessed significant investments (FDI) from Indian investors, amounting to USD 1.6 billion between 2020 and H1 (January-June) 2023. Dubai's strategic location along with tax-friendly policies act as a key incentive for Indian investors and business owners who are looking to expand into new markets," Vestian said in a statement. In the first six months of 2023, India was amongst the top countries investing in Dubai with a cumulative investment of USD 335 million, it said. In terms of investments in the number of projects, India has outnumbered Canada and Latvia with investments in a total of 123 projects.
A high-level delegation led by Gujarat Chief Minister Bhupendra Patel reached Tokyo in Japan on Sunday morning to promote the upcoming Vibrant Gujarat Global Summit 2024. The 10th edition of the summit will be held between January 10 and 12, 2024. The biennial summit serves as a platform for businesses and governments to explore investment opportunities and establish partnerships. Ambassador of India to Japan Sibi George received CM Patel upon his arrival there, the Gujarat government said in a statement. The delegation held a meeting with Yamanashi Prefecture Governor Kotaro Nagasaki. Chief Minister Patel and other members of the delegation also visited Yamanashi Hydrogen Company, stated the release. They discussed with the Yamanashi governor about investment potential in Gujarat in the green hydrogen sector. Governor Nagasaki warmly welcomed Patel and the delegation and expressed hope that the visit would further strengthen the bilateral relations, the release said. He gave an
The FDI has been approved by way of the transfer of shares from existing shareholders and public shareholders through a mandatory Open Offer
The institutional investment worth $1.6 billion was led by foreign investors and commercial assets such as hospitality projects, offices, retail, etc
Local officials are cold calling foreign entrepreneurs and bringing roadshows overseas as they seek to bolster coffers depleted by years of pandemic spending and a cratering property market
Only few states drawing companies' attention to set up projects
Vienna-based RHI Magnesita is investing Rs 3,600 crore in the Indian market over the next two-three years to increase its production capacity and modernise plants, its global CEO Stefan Borgas said. The company has utilised a portion of the Rs 3,600-crore capital expenditure to acquire two refractory assets in India, Borgas told PTI here. "We have earmarked a Rs 3,600 crore investment in India. This would go towards organic and inorganic capacity expansion and modernisation of the Indian manufacturing facilities," the CEO said, adding that the capital infusion will be through its subsidiary RHI Magnesita India Ltd. RHI Magnesita India is a manufacturer and supplier of refractory products, systems, and solutions for industries such as steel, cement, non-ferrous metals, and glass. The company recently completed the acquisition of Dalmia OCL and the refractory business of Hi-Tech Chemicals for Rs 1,708 crore and Rs 621 crore, respectively. The refractory building capacity of the comp
Overseas flows, lack of RBI dollar buys behind best rupee showing in 2 months
The state is targeting investment proposals worth Rs 10 trillion
In a Q&A, she says the interest differential with US does not matter so much because India has caps on interest sensitive inflows. Overseas investment is a very low share of the country's debt market