While the UN report said that FDI inflows rose 6 per cent in 2018 to $ 42 billion, the government's own data for the entire FY19 period has shown that inbound equity investments declined for the first time in six years in FY19.
India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank.
Leveraging global capital markets to give muscle to an innate competitive advantage in rapid mass transaction systems will lead to India becoming a petri dish for global enterprises and new-age innovation that it yearns to be.
Britain's Cairn Energy has secured a French court order to seize 20 Indian govt properties to recover arbitration award, it is learnt.
The ministry of home affairs has received more than 20 proposals for foreign direct investment (FDI), including from China and Hong Kong, requiring security clearance between April and May. 'We are vetting some of these proposals which have come from various sectors. One of the applications is from a well known start-up,' an official said. 'We await inputs from Research and Analysis Wing, intelligence agencies, external affairs ministry, and embassies.'
Growth in the east Asia region would be dragged down by the poor performance of countries like Thailand, Singapore and Malaysia.
When 17 million Indians seek their fortune abroad it only means people are losing faith in the government's ability to honour its promises, says Sunanda K Datta-Ray.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
But it scores high on firm dynamics - which is partly accidental, as it benefits from high labour turnover.
'The information is used only to fight the COVID-19 virus and the privacy terms explicitly state that information will be used only for this purpose.'
Daniel Wu, chairman of the Asian Bankers Association (ABA), says there is merit in merging some of the less efficient public sector banks in the country.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
An official said that people in the government were aware of the benefits as well as the drawbacks of issuing overseas sovereign bonds, and there will be consultations with all stakeholders.
In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.
SBI's Bhattacharya is ranked second on the list, while ICICI's Kochhar is 5th and Axis's Sharma is 19th in the Fortune list
StanChart to hand over pink slips to its employees in India too.
Work on projects worth Rs 1,000 cr in full swing: Gift City
Rajan's appointment will be perceived as a positive development.
The airline shut shop in October 2012.
Companies in China, South Korea and Indonesia pay 25 per cent tax, while those in Malaysia pay 24 per cent. Only Japan has a higher tax than India at 30.6 per cent. Hong Kong has the lowest corporate tax rate of 16.5 per cent while Singapore has 17 per cent rate and Thailand and Vietnam levy 20 per cent tax on companies.
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
China has launched a host of reforms to halt the slow down of the economy, which is hovering around seven per cent with forecasts that it would dip down further.
Tech start-up set to change wellness segment with cloud-based services.
Modi said it is an outcome of India's consistent reforms trajectory that the country's position is getting credence globally and is being recognised by international bodies like the IMF, World Economic Forum and UNCTAD.
Moon Jae-in's visit will play a crucial role in exploring complementarities between India's Act East policy and South Korea's New Southern policy, says Dr Rahul Mishra.
Pointing out that these recent measures are incremental rather than radical, Moody's said, these steps will sustain higher gross domestic product growth and address some of the constraints on the country's sovereign credit profile.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
The Enforcement Directorate (ED) has summoned Rajkot-based bullion trader Pankaj Lodhiya, whose name figured in the list of black money holders submitted by the government to the Supreme Court, to probe if he was involved in hawala trade.
These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.
Other London properties, aircraft & offshore accounts are yet to catch the attention of regulators.
The GST will subsume excise, service tax, value added tax, octroi etc.
India stands at an embarrassingly low 130 among 190 countries in the World Bank's Ease of Doing Business rankings. But in our worry over it are we forgetting the big picture -- to make India an attractive investment destination -- wonders Avirup Bose.
'There are some encouraging signs.' 'Notice that we have not said 7%-plus, we are keeping it at 6% to 6.5%.'
Dubai, Singapore, London are the top overseas markets for Indians
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.