States need to gear up to become best investment destinations: FM Jaitley

Finance Minister Arun Jaitley today said states have to gear up in order to become best investment destinations. Addressing the Global Investors Summit in Gurgaon, the Minister said it is the right time for reforms to attract investors. He said if decision making is slow, investment will suffer. Mr ...

States have to gear up in order to become best investment destinations: Jaitley

Finance Minister Arun Jaitley today said states have to gear up in order to become best investment destinations. Addressing the Global Investors Summit in Gurgaon, the Minister said it is the right time for reforms to attract investors. He said if decision making is slow, investment will suffer. Mr ...

States have to gear up in order to become best investment destinations: Jaitley

Finance Minister Arun Jaitley today said states have to gear up in order to become best investment destinations. Addressing the Global Investors Summit in Gurgaon, the Minister said it is the right time for reforms to attract investors. He said if decision making is slow, investment will suffer. Mr ...

1st Global Investors Summit underway in Gurgaon

The first Global Investors Summit is underway in Gurgaon in Haryana. Finance Minister Arun Jaitley, Railway Minister Suresh Prabhu, Urban Development Minister Venkaiah Naidu, and Haryana Chief Minister Manohar Lal Khattar are attending the summit. The two day event is being organised by the state go...

AIAI expresses need for combination of fiscal and monetary policy for better growth

FDI inflows into services sector surge 85.5% in 1st 9 months of this fiscal

Foreign Direct inflows into the services sector surged 85.5 percent to 4.25 billion dollars in the first nine months of this fiscal. The sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had received foreign direct investment worth 2.29 billion doll...

Indian equity markets: Foreign funds pump in over INR 4,100 crore in 4 trading sessions last week

Foreign funds pumped-in over 4,100 crore rupees in the Indian equity markets in the last four trading sessions of last week, ending March 4. However, they pulled out 746 crore rupees from the debt markets during the period under review. Foreign Portfolio Investors have now turned net buyers in equit...

Myanmar grants operating licenses to four Asian banks

Myanmar has granted operating licenses to four Asian banks, bringing to 13 the number of foreign banks allowed to conduct business in the previously isolated country. Bank for Investment and Development of Vietnam, State Bank of India, Taiwan's Sun Commercial Bank and South Korea's...

China reduces its growth rate target for this year to 6.5 %

China has set this year's economic growth target at 6.5 to 7 percent. Chinese Premier Li Keqiang told lawmakers at their annual meeting in Beijing on Saturday that stable growth is needed to advance structural reform and to help guide market expectations. Mr. Li Keqiang admitted that the Ch...

China sets 6.5 to 7% growth target for 2016

China's National People's Congress has set the country's growth target for 2016 in a range of 6.5 to 7 per cent. Premier Li Keqiang will announce the target in his address to delegates, according to the text of his speech. The annual Congress in Beijing sets out to determi...