FDI into South Africa soars
July 9th, 2012 - 10:59 pm ICT by IANS
Pretoria, July 9 (IANS) South Africa led the sub-region as foreign direct investment (FDI) inflows into sub-Saharan Africa jumped by 25 percent in 2011, according to the 2012 World Investment ... Read more...
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Global FDI rises 16 percent: UN report
July 6th, 2012 - 8:12 am ICT by IANS
Vienna, July 6 (IANS) Despite the ongoing eurozone crisis, global foreign direct investment (FDI) increased by 16 percent to $1.536 trillion in 2011, a UN report said.According to "World Investment ... Read more...
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India pitches for ratings upgrade from Fitch
May 17th, 2012 - 9:04 pm ICT by IANS
New Delhi, May 17 (IANS) The Indian government Thursday asked Fitch to upgrade the country's sovereign ratings, claiming that current account and fiscal deficit were under control and flow ... Read more...
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GAAR rollback a surrender to US: CPI-M
May 8th, 2012 - 4:46 pm ICT by IANS
New Delhi, May 8 (IANS) India's decision to defer the implementation of the General Anti-Avoidance Rules (GAAR) by one year "is a meek surrender to finance capital ... and the ... Read more...
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Policy uncertainty hurting FDI inflows: RBI
April 11th, 2012 - 9:07 pm ICT by IANS
New Delhi, April 11 (IANS) Foreign direct investment (FDI) inflows to India in recent years have been far below the potential mainly because of "policy uncertainty", a Reserve Bank of ... Read more...
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Mauritius invites Indian investments
February 8th, 2012 - 7:28 pm ICT by IANS
New Delhi, Feb 8 (IANS) Assuring a safe and high-return environment, Mauritius Prime Minister Navinchandra Ramgoolam Wednesday asked Indian entrepreneurs to step up investments through partnerships and joint ventures, ... Read more...
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India seeks Mauritius investment in key sectors
February 7th, 2012 - 8:47 pm ICT by IANS
New Delhi, Feb 7 (IANS) India Tuesday urged Mauritius, the largest source of foreign direct investment (FDI), to further boost investments in in manufacturing, agro-processing, information technology and pharma ... Read more...
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Bangladesh sees nearly 16 percent fall in FDI in 2010-11
August 21st, 2011 - 6:37 pm ICT by IANS
Dhaka, Aug 21 (IANS) During the last 2010-11 fiscal year, foreign direct investment (FDI) in Bangladesh was down nearly 16 percent from the same period a year ago, central bank ... Read more...
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June logs second-highest monthly FDI inflows at $5.6 bn
August 8th, 2011 - 2:51 pm ICT by IANS
New Delhi, Aug 8 (IANS) India in June attracted the second highest foreign direct investment received on a monthly basis in the last 11 years, at $5.6 billion, according to ... Read more...
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FDI inflow in mining increases
August 5th, 2011 - 7:35 pm ICT by IANS
New Delhi, Aug 5 (IANS) Foreign direct investment (FDI) in mining sector during this April-May was Rs.436.61 crore ($98.28 million), surpassing the Rs.357.42 crore ($79.51 million) FDI inflows during the ... Read more...
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India ranks 14 on FDI inflow index in 2010
July 26th, 2011 - 5:25 pm ICT by IANS
New Delhi, July 26 (IANS) India's ranking on the list of countries attracting the highest foreign direct investment (FDI) in 2010 fell to 14th position with inflows declining to $25 ... Read more...
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FDI inflow to India more than double at $4.66 bn in May
July 4th, 2011 - 8:16 pm ICT by IANS
New Delhi, July 4 (IANS) Inflow of foreign direct investment (FDI) in India surged 111 percent to $4.66 billion in May, the second highest monthly equity inflow in 11 years, ... Read more...
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Dip in FDI not a reflection of our policies: PM
February 16th, 2011 - 3:49 pm ICT by IANS
New Delhi, Feb 16 (IANS) With foreign direct investment (FDI) in the country slowing, Prime Minister Manmohan Singh Wednesday said the dip in fund inflows was not entirely a reflection of ... Read more...
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Indo-US talks to focus on boosting economic cooperation: Nirupama Rao
November 4th, 2010 - 7:44 pm ICT by ANI
New Delhi, Nov 4 (ANI): Foreign Secretary Nirupama Rao on Thursday said India and the US will sign pacts in the field of agriculture, space, clean energy and health during the ... Read more...
Posted in National |
India-Kenya Joint Trade Committee meeting in Nairobi
October 12th, 2010 - 4:22 pm ICT by ANI
New Delhi, Oct 12 (ANI): Commerce and Industry Minister Anand Sharma will address the 6th India-Kenya Joint Trade Committee (JTC) meeting in Nairobi on Wednesday.During his visit, Sharma is scheduled to ... Read more...
Posted in National |
Zuma says India an important growth partner to South Africa
June 3rd, 2010 - 7:58 pm ICT by ANI
Mumbai, June 3 (ANI): Historical ties between India and South Africa need to be converted into a strong economic partnership, said visiting South African President Dr. Jacob Zuma on Thursday.Zuma also described ... Read more...
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India-Singapore target $32 billion trade by 2015
May 11th, 2010 - 7:36 pm ICT by IANS
New Delhi, May 11 (IANS) India and Singapore are aiming to double their bilateral trade to $32 billion in the next five years, Commerce Minister Anand Sharma said here Tuesday.
"We (India and ... Read more...
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Liberalise FDI policy in health insurance: Survey
February 25th, 2010 - 5:10 pm ICT by IANS
New Delhi, Feb 25 (IANS) The economic survey for the current fiscal has favoured liberalising foreign direct investment (FDI) policies in services like health insurance, rural banking and higher education.
"In case of ... Read more...
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India invites Austria to participate in infrastructure development
February 17th, 2010 - 5:36 pm ICT by ANI
New Delhi, Feb 17 (ANI): Commerce and Industry Minister Anand Sharma has invited Austria to participate in the creation and management of world class infrastructure in India.Speaking at the inaugural session of ... Read more...
Posted in National |
FDI inflow up 13 percent in December
February 11th, 2010 - 8:01 pm ICT by IANS
New Delhi, Feb 11 (IANS) Foreign Direct Investment (FDI) inflow for December was up 13 percent at $1.54 billion during December 2009 against $1.36 billion in the corresponding period a year ago, ... Read more...
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Invest in skill development: Maharashtra chief minister to NRIs
January 9th, 2010 - 2:29 pm ICT by IANS
New Delhi, Jan 9 (IANS) Pitching Maharashtra as an attractive investment destination, Chief Minister Ashok Chavan Saturday called upon overseas Indians to invest in the state's skill development and education programmes.
"Much more ... Read more...
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India got $88 bn foreign investment since 2004
December 2nd, 2009 - 6:13 pm ICT by IANS
New Delhi, Dec 2 (IANS) India received $88.43 billion (Rs.391,477 crore) as foreign direct investment (FDI) from April 2004 to September this year, Minister of State for Commerce and Industry Jyotiraditya M. ... Read more...
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Exports will see turnaround in last quarter: Anand Sharma
November 4th, 2009 - 7:44 pm ICT by IANS
New Delhi, Nov 4 (IANS) India's exports, which fell for 12 consecutive months since October 2008, may see a turnaround in the January-March quarter, Commerce and Industry Minister Anand Sharma said Wednesday.
"We ... Read more...
Posted in Business |
6 Indian cities among 8 top global destinations for outsourcing
October 20th, 2009 - 9:03 pm ICT by IANS
New York, Oct 20 (IANS) Six Indian cities - Bangalore, Delhi NCR, Mumbai, Chennai, Hyderabad, Pune - are among the eight top global destinations for outsourcing of services, according to a new ... Read more...
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Foreign direct investment rises 40.37 percent in August
October 13th, 2009 - 2:58 pm ICT by IANS
Mumbai, Oct 13 (IANS) Despite a slowdown in the economy, India saw an impressive 40.37 percent jump in the flow of foreign direct investment (FDI) into the country in August over the ... Read more...
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India needs to liberalise, change policies to attract more FDI: World Bank
September 17th, 2009 - 8:35 pm ICT by ANI
New Delhi, Sep 17(ANI): World Bank consultant Premila Nazareth on Thursday emphasised that India needs to liberalise and change its policies to attract more foreign direct investments.During the release of the ... Read more...
Posted in National |
India gets $7 bn FDI in first quarter
August 14th, 2009 - 10:06 pm ICT by IANS
Kolkata, Aug 14 (IANS) India received $7 billion in foreign direct investment (FDI) during the first quarter of the current fiscal, a senior official said here Friday.
"For the April-June period there was ... Read more...
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Foreign investors return to India: Moody’s
July 15th, 2009 - 5:51 pm ICT by IANS
New Delhi, July 15 (IANS) India along with China will again emerge as the preferred destinations for foreign investors, the research arm of global rating agency Moody's said Wednesday.
"Investment opportunities in China ... Read more...
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India set to grow 5.1 percent amid deepening recession: World Bank
June 22nd, 2009 - 8:09 pm ICT by IANS
By Arun Kumar
Washington, June 22 (IANS) Even as the "world is entering an era of slower growth" and "deepening recession", India's economy is set to expand 5.1 percent in 2009 and by ... Read more...
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Anand Sharma to attend USIBC meeting at Washington
June 15th, 2009 - 4:03 pm ICT by ANI
New Delhi, June 15 (ANI) Union Minister of Commerce and Industry Anand Sharma, will be leaving tonight for USA to attend the US-India Business Council (USIBC) meeting at Washington.Sharma will be ... Read more...
Posted in National |
FDI flow to India will remain robust: Goldman Sachs
April 6th, 2009 - 5:11 pm ICT by IANS
New Delhi, April 6 (IANS) The global economic slowdown will not affect the foreign direct investment (FDI) flow to India as the domestic demand remains "resilient", investment banker Goldman sachs said Monday.
"FDI ... Read more...
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India, second fastest growing economy in the world
February 16th, 2009 - 4:22 pm ICT by ANI
New Delhi, Feb 16 (ANI): Despite the global financial crisis, which began in 2007 impacting most emerging market economies, 7.1 per cent rate of the Gross Domestic Product (GDP) growth in ... Read more...
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Indo-Canadian trade potential in petroleum, mining sectors: Kamal Nath
February 15th, 2009 - 5:53 pm ICT by ANI
New Delhi, Feb 15 (ANI): Trade Minister Kamal Nath today said there are extensive opportunities available in India for joint ventures/investments by Canadian companies in sectors such as infrastructure, automobile, power ... Read more...
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Nath calls for improvement in Sri Lankan investment in food processing, chemicals, textiles
January 19th, 2009 - 8:04 pm ICT by ANI
New Delhi, Jan 19 (ANI): Union Commerce Minister Kamal Nath today emphasised that there is a scope for further improvement for FDI inflows to India, and added that top sectors in ... Read more...
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India will continue to be a magnet for FDI funds: Kamal Nath
January 19th, 2009 - 8:03 pm ICT by ANI
New Delhi, Jan 19 (ANI): Commerce Minister Kamal Nath today said that even in the current global crisis, India will continue to be a magnet for foreign direct investment (FDI) funds. ... Read more...
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