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Economic Survey 203-14: FDI in railways should be examined carefully, quickly

Economic Survey 203-14: FDI in railways should be examined carefully, quickly

Last Updated: Wednesday, July 09, 2014, 20:15

Noting that FDI and privatisation in railway sector could be the next big ticket reforms, the Economic Survey today said the government's proposal to relax FDI in railways should be examined carefully and quickly.

Economic Survey 2013-14: Revive investment to boost growth, jobs

Economic Survey 2013-14: Revive investment to boost growth, jobs

Last Updated: Wednesday, July 09, 2014, 20:10

The pre-Budget Economic Survey on Wednesday called for investments, especially in infrastructure, to revive growth and jobs while carrying out tax and subsidy reforms for fiscal consolidation, projecting an up to 5.9 percent GDP growth this year.

Economic Survey 2013-14: Govt to set up 16 NIMZs to boost manufacturing

Economic Survey 2013-14: Govt to set up 16 NIMZs to boost manufacturing

Last Updated: Wednesday, July 09, 2014, 14:55

The government has announced setting up of 16 national investment and manufacturing zones (NIMZs) to boost economic growth.

Economic Survey 2013-14: Investment, critical reforms, better infra to boost in growth

Economic Survey 2013-14: Investment, critical reforms, better infra to boost in growth

Last Updated: Wednesday, July 09, 2014, 13:39

India needs to revive corporate sector investment, push critical reforms and remove infrastructural bottlenecks to boost industrial growth in the country, says a government document.

USIBC seeks relaxation in FDI norms in insurance and defence

USIBC seeks relaxation in FDI norms in insurance and defence

Last Updated: Wednesday, July 09, 2014, 12:41

The US India Business Council (USIBC) has sought an increase in FDI cap in key sectors like insurance and defence in Modi government's maiden Budget to be presented on Wednesday.

Bank of China in first yuan bond issue in Paris

Last Updated: Tuesday, July 08, 2014, 19:21

Paris wants to become a leader in Europe for trade in China`s tightly controlled currency, also known as the renminbi.

NRIs owned offshore firms can act as investment manager for FPIs

Last Updated: Tuesday, July 08, 2014, 16:48

As per Sebi, non-resident Indian (NRI) or person of Indian origin (PIO) is not eligible to make investments as an foreign portfolio investor (FPI).

Hyderabad will need of two more airports in future: KCR

Last Updated: Tuesday, July 08, 2014, 01:12

Hyderabad will require at least two more airports in the near future as the city`s population is expected to touch three crore with the development of the Information Technology Investment Region, according to Telangana Chief Minister K Chandrasekhar Rao.

Abu Dhabi Investment Auth sells Rs 420-cr Kotak Bank shares

Last Updated: Monday, July 07, 2014, 20:15

Abu Dhabi Investment Authority (ADIA), one of the world's biggest sovereign wealth funds, Monday offloaded over 48 lakh shares of Kotak Mahindra Bank for an estimated Rs 420 crore.

'Simple regulatory farmework to help India attract investment'

Last Updated: Monday, July 07, 2014, 20:14

Agarwal said that though India has the world's fourth largest coal deposits and seventh largest deposits of iron ore.

Govt proposes 49% FDI in insurance, caps voting rights to 26%

Last Updated: Monday, July 07, 2014, 20:12

The government plans to increase foreign direct investment in the insurance sector to 49 percent with a rider that voting right of overseas partner will remain capped at 26 percent.

FDI in Railways: Home Min red flags sensitive areas

Last Updated: Sunday, July 06, 2014, 19:03

The Home Ministry has raised objections in allowing foreign direct investment in highly- sensitive areas of the Railways sector, saying such a move may compromise security of the country's largest transportation network.