Of the belief that India is headed to be a USD 55 trillion economy by 2047, India's Executive Director at the IMF Dr K V Subramanian on Thursday said India's growth offers phenomenal opportunities to American investors. Subramanian said this during the launch of his latest book India@100: Envisioning Tomorrow's Economic Powerhouse. The opportunities that are available for the American investors actually are phenomenal., I don't think there is any other economy that is actually going to be providing this kind of return over the next 20 to 25 years, he said at the launch event organised by US India Strategic and Partnership Forum (USISPF) here. Investors who have an eye on India have the opportunity to actually not double but triple their money, the top economist said. They have the opportunity to grow their money 15 to 20 times, I think that is something that is important, said Subramanian, who previously was India's Chief Economic Advisor. In his book, Subramanian explores how In
Pine Labs plans $1 bn IPO in India after getting Singapore court's approval to shift base
Investments from American institutions in Indian real estate market declined 39 per cent last year to USD 1.35 billion amid global uncertainties, according to JLL India. During 2022, US-based institutional investors had pumped USD 2.2 billion in Indian real estate. American funds have generally been the biggest investors in Indian real estate market. According to the JLL India report released on Monday, the total institutional investments in Indian real estate rose 14 per cent to USD 5,878 million (USD 5.87 billion) in 2023 from USD 5,151 million in the previous year. The consultant said this reflected India's resilience in the face of global economic headwinds. JLL anticipates investor confidence in the Indian growth story to continue in 2024 as well. In 2023, the largest contributors were foreign institutional investors with 63 per cent share in the total investments. However, the share of inflow from Americas, the conventionally highest contributor in investments, witnessed a
In November 2023, Netherlands-based tech investor Prosus NV marked down Byju's valuation to under $3 billion
The changes Microsoft is mulling may include asking OpenAI to increase the size of board and boost the experience level required for members, according to people familiar with the company's thinking
This gave the lenders, which include Redwood Investments LLC and Silver Point Capital LP, the right to replace Riju Raveendran, the founder's brother, from Alpha's board
In a sign of growing strains between the world's two biggest powers, President Joe Biden signed an executive order on Wednesday that would block and regulate high-tech US-based investments going toward China. It covers advanced computer chips, micro electronics, quantum information technologies and artificial intelligence. Senior administration officials said that the effort stemmed from national security goals, rather than economic interests and that the categories it covered were narrow in scope. The order seeks to blunt China's ability to use US investments in its technology companies to upgrade its military while also preserving broader levels of trade that are vital for both nations' economies. The United States and China appear to be increasingly locked in a geopolitical competition, along with their deep trade relationship as the world's two largest economies. Biden administration officials have insisted that they have no interest in decoupling from China, yet the US has ...
In a strong pitch to US entrepreneurs, Prime Minister Narendra Modi said "this is the moment" to invest in India as governments of both countries have done the groundwork for businesses and companies to take advantage of the opportunity and to "play and proposer". Addressing business leaders and philanthropists from India and the US as well as other prominent members of the Indian-American community at the Kennedy Centre here on Friday, he stressed that the India-US partnership is not of convenience but one of conviction, shared commitments and compassion. Highlighted the profound transformation currently underway in India and the strides being made in various sectors, the prime minister invited the professionals to forge partnerships with India. "In Washington DC, had an engaging interaction with leading professionals across various fields. Glad that @SecBlinken also joined the programme. Highlighted the vast opportunities India offers. Reiterated how this is THE moment to invest i
The US Attorney's Office in Brooklyn, has sent inquiries in recent months to institutional investors with large holdings in the India conglomerate, one person familiar with the inquiries said
Traditional haven currencies like the Japanese yen and the Swiss franc had some fans, but each were less popular than the US dollar or, perhaps more strikingly Bitcoin
Vanguard reportedly has about 0.7 per cent stake in the ride-hailing firm
Investors favour technology companies in India and Southeast Asia, says one analyst
Financial markets and professional forecasters seem braced for the latter
The pain is just beginning for investors in US credit markets after Federal Reserve tightening and recession angst sent investment-grade bonds, high-yield debt and leveraged loans spiraling in Sept
The minister recently announced that the NHAI InvIT will soon be open to retail investors, and will assure them a minimum return of 7-8 per cent.
Gold prices in a shaky situation as price hikes have created recession concerns among investors
Union Road Transport and Highways Minister Nitin Gadkari has invited US investors, particularly insurance and pension funds, to invest in the country's road and highway infrastructure
Wall Street is widely expecting that Powell, who was nominated for the role by President Donald Trump in 2017, will be renominated by President Joe Biden for another four-year stint.
HONG KONG (Reuters) - Asian equity markets rose cautiously Tuesday, after touching year to date lows the day before, with traders keeping at least half an eye on the United States where major companies report earnings and the Federal Reserve meets on policy this week.
The focus on Europe comes as the region's benchmarks have kept pace with their US counterparts after years of underperformance