New Delhi: – India could attract foreign direct investment of about $475 billion over the next five years, according to a report released by CII (Confederation of Indian Industry) and EY. Even with this backdrop of ongoing geopolitical tensions, FDI in India has not been particularly affected. India’s huge consumer power, reforms undertaken by the […]
New Delhi: International investors have shown confidence in India despite the dramatic increase in instability and uncertainty due to Coronavirus Pandemic and geopolitical developments. Therefore, in the financial year 2021-22, India recorded a record investment of $83.57 billion. The Ministry of Commerce and Industry announced this. According to the Ministry of Commerce and Industry, foreign […]
New York – Production in China, considered the world’s factory, has slowed down due to corona pandemic, power shortages and other serious problems. This has led countries worldwide, which depend on China for products and raw materials, to feel the need for a ‘Global Reset’. This means the creation of a new centre of global […]
New Delhi – The government has no plans to print more currency notes to alleviate the financial crisis caused by the Coronavirus, Finance Minister Nirmala Sitharaman said. The finance minister made this revelation while answering a question in the Lok Sabha. Stating that the fundamentals of the Indian economy are powerful, Finance Minister Sitharaman assured […]
Exports up by 85.36% year on year India surpasses even big economies in export growth New Delhi – Minister of Commerce and Industry Piyush Goyal said that the Indian economy is on the right track despite the Coronavirus pandemic, which is underlined by the record growth in exports in the first quarter. The merchandise exports […]
Berlin/Washington: German Health Minister Jens Spahn appealed during a meeting of the World Health Organisation (WHO) Wednesday that “the world is still insufficiently prepared for future epidemics and the risks they pose. Therefore, its structure needs to be rebuilt.” As part of the WHO initiative, a new global hub will be set up in Germany for research […]
New Delhi: China has run to the World Trade Organisation (WTO), against the changes made by India to the Foreign Direct Investment regulations (FDI) and the ban imposed on the Chinese apps. China has complained to the WTO that the changes made by India, to the FDI regulations and ban on the Chinese apps, are […]
New Delhi: Union Finance Minister Nirmala Sitharaman said ‘Foreign investors are showing faith in the Indian economy. That is the reason for the Direct Foreign Investment of $20 billion even during the Coronavirus Crisis.’ Union Finance Minister Nirmala Sitharaman also said ‘The Indian government is committed to making the necessary economic reforms to attract foreign […]
New Delhi: Prime Minister Modi said ‘Since the last many years, India is known as the biggest importer in the defence sector. We are making efforts to erase this identity and to become ‘Atmanirbhar’ in the sector and the steps have been initiated in that direction.’ The ‘Atmanirbhar Bharat Defence Industry Outreach Webinar’ had been […]
New Delhi: – Import of 101 items in the defence equipment list from rifles to artillery guns will be banned. Defence Minister Rajnath Singh announced that a decision has been taken to manufacture these items indigenously and become ‘Atmanirbhar’ (Self Reliant). Atmanirbhar campaign has been started even in the defence sector. Accordingly, the defence ministry has […]