Govt to further revise criteria for classifying 'medium' enterprises under MSME definition: Nitin Gadkari
Days after changing the definition of MSMEs, the government has decided to further revise the criteria for medium units by enhancing the investment and turnover limits to up to Rs 50 crore and Rs 200 crore respectively, Union Minister Nitin Gadkari said on Tuesday
FPIs invest over Rs 17,000 cr in equities so far in May largely driven by block deals; no respite for debt markets
Equities saw a net outflow of Rs 6,883 crore in April and Rs 61,973 crore in March, hit by coronavirus-induced disruptions.
Govt to boost Made in India products for exports; wants MSMEs to tap market potential in Europe, Latin America, Africa
MSMEs in the new avatar is expected to develop cutting edge export-oriented technology products. The government, sources said, will assist the concerned MSMEs with research and technology up gradation.
India continued to be the second-largest deal market in the Asia-Pacific region in 2019 with over 1,000 private equity and venture capital pacts valued at $45 billion - the highest in the last decade, a report by Bain & Company said on Wednesday
Odisha govt talks to Japanese, Korean and US firms to attract more investments; to come out with model policy for industries
The Odisha government has also decided to formulate a model policy to resolve the problems faced by the industries, he said, adding that it has been decided to start discussions regarding the problems faced by the industries due to the pandemic.
Madhya Pradesh constitutes committee to revive industries; Trident's Rajendra Gupta, HEG’s Ravi Jhunjhunwala among panel members
The industrial policy and investment promotion department has constituted a committee, which will advise the state government about ways to attract investments in the aftermath of the pandemic.
Narendra Modi holds series of meetings to boost economy, attract foreign investment during coronavirus crisis
Narendra Modi reviewed the state of investments, the defence and aerospace sector and the mine and mineral sector.
Govt task force calls for boosting private investment in highways; pegs road sector capex at Rs 20.33 lakh cr by 2025
The task force on NIP has stressed the need for more private investment in highways and projected the total capital expenditure in road sector at Rs 20.33 lakh crore in fiscals 2020-2025
China says India's new FDI rules violate WTO principles on free and fair trade; hopes for revision in 'discriminatory practices'
India’s new rules for foreign investment violate WTO principles of non-discrimination and are against free and fair trade, a Chinese embassy spokesperson in New Delhi said on Monday
Coronavirus Outbreak: PE investment in real estate falls 89% to $222 mn in January-March quarter: Report
Private equity (PE) investment in Indian real estate plunged 89 percent to $222 million (Rs 1,640 crore) during the January-March period this year on global economic slowdown caused by the coronavirus outbreak, according to a report by Colliers International
Coronavirus Outbreak: Fitch Solution cuts India's FY21 GDP growth forecast to 1.8%; says pvt consumption to contract
Fitch Solutions on Monday cut India's economic growth forecast for the financial year 2020-21 to 1.8 percent saying private consumption is likely to contract due to large-scale loss of income in the face of worsening domestic outbreak of COVID-19
SEZ industry seeks relief package to boost exports, jobs; attracting investments to be a challenge in absence of special policy
In a letter to the prime minister, Export Promotion Council for SEZs and EOUs vice chairman Bhuvnesh Seth said the pandemic has severely impacted the sector with more than 50 percent loss of export orders.
MFs garner over Rs 1 lakh cr in FY20 with big bets on SIPs amid broader market witnessed extreme volatility
Investors are preferring SIP option for investing in mutual funds, as the industry garnered over Rs 1 lakh crore through this route in 2019-20, up 8 percent from the preceding fiscal, even as the broader market witnessed extreme volatility amid concerns over the impact of coronavirus pandemic
Multilateral institution Asian Development Bank (ADB) on Monday announced a $100 million funding for the Indian infrastructure sector through the government-promoted NIIF
Income tax: Taxpayers should evaluate previous, latest slabs before finalising option; here's all you need to know about two regimes
Seven slabs have been introduced for personal income tax. The tax rates on income up to Rs 15 lakh have been reduced to benefit the Indian taxpayers.
Air India sale: DPIIT notifies decision to permit NRIs to own up to 100% stake in cash-strapped national carrier
The Department for Promotion of Industry and Internal Trade (DPIIT) has notified a decision of the union cabinet to allow non-resident Indians (NRIs) to control up to 100 percent stake in disinvestment-bound Air India
Govt needs to infuse Rs 3,000 cr in Air India to ensure continuity of operations as sale process to get delayed: CAPA
The government's plan to privatise flag carrier Air India will be further delayed and it will have to infuse up to Rs 3,000 crore to ensure continuity of operations till the sale process gets over, the Centre for Pacific Aviation (CAPA) said on Wednesday
The government's plan to provide broadband services in all villages of the country is likely to see an investment of Rs 7 lakh crore with 90 percent of the contribution coming from industry players, Parliament was informed on Wednesday
State Bank chairman Rajnish Kumar on Tuesday said the country's largest lender that owns close to 43 percent in Yes Bank now will not sell a single share before that mandated three-year lock-in period, and that he's in fact keen to approach the board for hiking the holding to 49 percent