P-note investments continue to drop, hit nearly 11-year low of Rs 64,537 cr till December-end
• 5 years agoInvestments in the Indian capital market through participatory notes (P-notes) continue to decline and hit a nearly 11-year low of Rs 64,537 crore till the end of December 2019
Budget 2020: A mixed bag for healthcare services, pharma sector; additional duties on medical devices to hike costs for consumers
Hitesh Sharma 2 • 5 years agoWhile one of the key focus areas for this Budget 2020-21 on socio-welfare front is to widen the reach of affordable healthcare services, it also lays emphasis on government policy of ‘Make in India’.
India slips in The Economist’s Democracy rankings: Soon after IMF's GDP growth cut forecast, another grim outlook hits stumbling economy
Dinesh Unnikrishnan123 • 5 years agoThe Economist list came just hours after the International Monetary Fund (IMF) cut India’s 2019 GDP growth sharply and cautioned on the rising social unrest
Life insurers bat for hike in foreign investment limit to 100% from current 49% in sector through automatic route
• 5 years agoLife insurers have sought 100 percent foreign direct investment (FDI) limit for the sector through automatic route, which can help the sector attract capital of Rs 40,000-60,000 crore
Industry, stock market experts term Sitharaman's corporate tax cut 'revolutionary', say will make Indian firms globally competitive
Fp Staff • 5 years agoIn a major fiscal booster, the government on Friday slashed effective corporate tax to 25.17 percent inclusive of all cess and surcharges for domestic companies.
FDI up 28% to $16.33 bn in April-June 2019 quarter; Singapore emerges largest source of foreign investment
• 6 years agoForeign direct investment into India grew by 28 percent to $16.33 billion during the first quarter of the current fiscal, according to government data
Need to tap foreign capital to accelerate growth to 8%: Chief Economic Adviser KV Subramanian
• 6 years agoChief Economic Adviser K V Subramanian on Tuesday said there is a need to tap foreign capital to accelerate growth from the current level of 7 percent to 8 percent
India becomes investment darling for sovereign wealth and pension funds attracted by political stability, reforms
• 6 years agoEnforcement Directorate investigates Philip Morris, Godfrey Phillips for alleged violation of FDI laws
• 6 years agoThe Enforcement Directorate (ED) is investigating Philip Morris International Inc and its Indian partner Godfrey Phillips for alleged violation of laws in India, a senior directorate source told Reuters on Thursday
E-commerce curbs: Snapdeal, Shopclues support govt's 1 February deadline, assure compliance
Fp Staff • 6 years agoThe government will from 1 February impose restrictions on how e-commerce firms operate, including barring them from selling products from firms in which they have an equity interest, leading to protests from Amazon and Flipkart.