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As a share of nominal GDP, PFCE accounted for 57.9 per cent for the March quarter compared with 58.2 per cent during the same quarter a year ago
WhatsApp groups from Hong Kong, Cambodia operated investment scams
Journeys with foreign leg not eligible for benefit, even if they start and end in India
India registered strong investment performance in 2023, driven by government infrastructure projects and multinational investments, the United Nations has said while noting that investment prospects in China face "headwinds" from a struggling property sector. The UN World Economic Situation and Prospects (WESP) 2024 report, launched here on Thursday, said that investment has been more resilient in developing economies than in developed economies. Investment in South Asia, particularly in India, remained strong in 2023. Investment prospects in China face headwinds from a struggling property sector, though government-led infrastructure investments are partially offsetting the shortfall in private investments. In contrast, India registered strong investment performance in 2023, driven by government infrastructure projects and multinational investments, the report said. Among the developing regions, Africa, Western Asia and Latin America and the Caribbean continue to struggle with high
Fidelity holds stakes in the e-commerce firm through multiple funds
The Central Bank of Sri Lanka announced a decision to maintain its Standing Deposit Facility Rate and Standing Lending Facility Rate at the current level of 15.50 per cent and 16.50 per cent
Savings and investment rates in the financial year (FY) 2021-22 were 30.2 per cent and 29.6 per cent, respectively
The difference between the real and nominal GFCF rates was five percentage points. The difference stood at over 5% in the previous two quarters of the current financial year
VC investment in India is expected to remain soft in the first quarter of 2023, before starting to pick up in Q2 in part due to India's strong growth and consumption expectations
Deficits resulting from spending on socio-economic programmes constrain ratings for the state: Agency
Raising the growth rate to 9 per cent in FY21 would require uplifting the investment rate to close to 38 per cent of GDP as against 31.3 per cent in FY19, it said
A report by CARE Ratings shows investments would be fuelled by government spends on infrastructure
The report goes on to say that economic output and growth has not witnessed the expected pick up in the last four years