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"Make In India Need Not Become Make All That India Needs": RBI Ex-Governor
Sounding a note of caution, former RBI Governor D Subbarao on Monday said that 'Make in India' should not transform into 'Make all that India needs' as it would hurt investments in the country and impact productivity.
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Thane Businessman Cheated Of Rs 4.11 Crore In Forex Trading Scam: Cops
A 42-year-old businessman from Maharashtra's Thane city was allegedly duped of Rs 4.11 crore by cyber fraudsters, including foreign nationals, who lured him to invest in a fraudulent forex trading scheme, police said on Friday.
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Apple to Invest Additional $100 Billion in the US, Raising Total Investment to $600 Billion Over Next 4 Years
The new pledge raises Apple's total domestic investment commitment in the US to $600 billion over the next four years. Earlier this year, the company announced it would invest $500 billion and hire 20,000 workers across the country in that period.
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Opinion | Dissanayake Has Settled Some Sticky Questions About India
By choosing India for his first overseas visit, Dissanayake has also signalled a resolve in Colombo to continue to invest in a strong partnership with New Delhi.
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BYD and other Chinese Manufacturers Reportedly Looking to Double Overseas Capacity
Amidst the ever growing competition in China, Companies like BYD and other manufacturers are investing heavily in European plants.
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India Receives Highest FDI From Singapore In 2023-24: Government Data
India received the highest foreign direct investment (FDI) from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5 per cent due to global economic uncertainties, according to the latest government data.
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Over 100 Websites Blocked For Facilitating Organised Illegal Investments
The Union Home Ministry today said that more than 100 websites that were being operated from overseas and involved in organised illegal investments and part-time job frauds have been blocked.
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Banned Loan Websites, Apps Given 48 Hours to Prove Their Genuineness: MeitY
The IT ministry has given 48 hours to banned websites and apps to prove their genuineness, a senior government official said on Thursday. Another senior official from the ministry said the ban has been imposed on the platforms because their businesses were not genuine. The government last week ordered blocking of 232 apps operated by overseas ent...
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UP Ministers To Hold Roadshows In Germany, Belgium To Bring Investment
For the success of UP Global Investors Summit 2023 and attracting foreign investment in Uttar Pradesh, the overseas tour of a delegation of ministers started on Thursday.
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US President Joe Biden to Sign $280 Billion CHIPS Act to Boost US Semiconductor Production
US President Joe Biden will sign the $280 billion (roughly Rs. 22,27,410 crore) CHIPS Act on Tuesday, the White House has announced. The new bill is designed to incentivise investments in the US chip industry to ease US reliance on overseas supply chains for critical, cutting-edge goods. Micron is announcing a plan to boost domestic manufacturing o...
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Open To Foreign Space Infrastructure In India: ISRO
India's new foreign direct investment (FDI) policy for the space sector could allow overseas companies to set up their own infrastructure in line with the government guidelines, a senior official said here on Wednesday.
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India's Year of the Unicorn: Startups in Spotlight of 2021 Tech Boom
Overseas funds put more than $35 billion (roughly Rs. 2,60,020 crore) into Indian startups in 2021 — a tripling from 2020 — buying into everything from fintech and health to gaming.
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Japan's Osaka Gas Enters India's Urban Gas Distribution Market
Osaka Gas plans to invest up to $120 million in the Indian unit of AG&P together with a state-private fund, Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN).
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Europe's EV Battery Strategy Threatened By Supply Chain Gaps, Eramet Says
Eramet is struggling to attract investment from its home region to process its overseas nickel, lithium and cobalt reserves into battery materials and may have to turn to non-European players, said Pierre-Alain Gautier, head of corporate affairs and partnerships.
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A Major Old Rule Could Be Changed By Centre Ahead Of LIC's Mega-IPO
India is considering allowing foreign direct investment in Life Insurance Corporation, according to a person familiar with the matter, which could enable a single overseas investor to buy a large stake in the firm that's headed for a mega-IPO.
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"Make In India Need Not Become Make All That India Needs": RBI Ex-Governor
Sounding a note of caution, former RBI Governor D Subbarao on Monday said that 'Make in India' should not transform into 'Make all that India needs' as it would hurt investments in the country and impact productivity.
-
Thane Businessman Cheated Of Rs 4.11 Crore In Forex Trading Scam: Cops
A 42-year-old businessman from Maharashtra's Thane city was allegedly duped of Rs 4.11 crore by cyber fraudsters, including foreign nationals, who lured him to invest in a fraudulent forex trading scheme, police said on Friday.
-
Apple to Invest Additional $100 Billion in the US, Raising Total Investment to $600 Billion Over Next 4 Years
The new pledge raises Apple's total domestic investment commitment in the US to $600 billion over the next four years. Earlier this year, the company announced it would invest $500 billion and hire 20,000 workers across the country in that period.
-
Opinion | Dissanayake Has Settled Some Sticky Questions About India
By choosing India for his first overseas visit, Dissanayake has also signalled a resolve in Colombo to continue to invest in a strong partnership with New Delhi.
-
BYD and other Chinese Manufacturers Reportedly Looking to Double Overseas Capacity
Amidst the ever growing competition in China, Companies like BYD and other manufacturers are investing heavily in European plants.
-
India Receives Highest FDI From Singapore In 2023-24: Government Data
India received the highest foreign direct investment (FDI) from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5 per cent due to global economic uncertainties, according to the latest government data.
-
Over 100 Websites Blocked For Facilitating Organised Illegal Investments
The Union Home Ministry today said that more than 100 websites that were being operated from overseas and involved in organised illegal investments and part-time job frauds have been blocked.
-
Banned Loan Websites, Apps Given 48 Hours to Prove Their Genuineness: MeitY
The IT ministry has given 48 hours to banned websites and apps to prove their genuineness, a senior government official said on Thursday. Another senior official from the ministry said the ban has been imposed on the platforms because their businesses were not genuine. The government last week ordered blocking of 232 apps operated by overseas ent...
-
UP Ministers To Hold Roadshows In Germany, Belgium To Bring Investment
For the success of UP Global Investors Summit 2023 and attracting foreign investment in Uttar Pradesh, the overseas tour of a delegation of ministers started on Thursday.
-
US President Joe Biden to Sign $280 Billion CHIPS Act to Boost US Semiconductor Production
US President Joe Biden will sign the $280 billion (roughly Rs. 22,27,410 crore) CHIPS Act on Tuesday, the White House has announced. The new bill is designed to incentivise investments in the US chip industry to ease US reliance on overseas supply chains for critical, cutting-edge goods. Micron is announcing a plan to boost domestic manufacturing o...
-
Open To Foreign Space Infrastructure In India: ISRO
India's new foreign direct investment (FDI) policy for the space sector could allow overseas companies to set up their own infrastructure in line with the government guidelines, a senior official said here on Wednesday.
-
India's Year of the Unicorn: Startups in Spotlight of 2021 Tech Boom
Overseas funds put more than $35 billion (roughly Rs. 2,60,020 crore) into Indian startups in 2021 — a tripling from 2020 — buying into everything from fintech and health to gaming.
-
Japan's Osaka Gas Enters India's Urban Gas Distribution Market
Osaka Gas plans to invest up to $120 million in the Indian unit of AG&P together with a state-private fund, Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN).
-
Europe's EV Battery Strategy Threatened By Supply Chain Gaps, Eramet Says
Eramet is struggling to attract investment from its home region to process its overseas nickel, lithium and cobalt reserves into battery materials and may have to turn to non-European players, said Pierre-Alain Gautier, head of corporate affairs and partnerships.
-
A Major Old Rule Could Be Changed By Centre Ahead Of LIC's Mega-IPO
India is considering allowing foreign direct investment in Life Insurance Corporation, according to a person familiar with the matter, which could enable a single overseas investor to buy a large stake in the firm that's headed for a mega-IPO.
