Invest in India News

  • Ram Nath Kovind to visit West Africa this week seeking Atlantic outreach

    India is seeking an outreach to the Atlantic Ocean as President Ram Nath Kovind plans to visit Benin and Gambia in West Africa beginning July 28 with development and security partnership topping the agenda. 

     

    Kovind chose Africa on his maiden trip aboard in Modi 2.0 with Delhi keen to made inroads in the region where China has a significant presence. 

  • China promises greater market access to India if it improves RCEP offer

    China has dangled a carrot before India to make it improve its market liberalisation offer under the Regional Comprehensive Economic Partnership (RCEP) pact by offering to open its own market even more, but New Delhi is cautious.

     

  • CMs panel to release a time-bound roadmap for implementation of agri reforms

    The high-powered committee of chief ministers on transformation of agriculture on Thursday said it is mulling over linking the central grants to states to bring about reforms in agriculture as the government strives to transform agriculture in the country to help double farmers’ income by 2022. 

     

  • Trade point planned at India-China LAC

    The Indian Army has approved the opening of a new trading point with China at Dumchelle in Ladakh, the third such along India’s disputed, albeit peaceful 3,488-km border with China in a confidence building measure ahead of Chinese President Xi Jinping’s October visit.

     

  • State to get new veg cooperative unions

    Four months after the successful launch of the Harit Vegetable Processing and Marketing Cooperative Union in five districts as a pilot project, the state cooperative department has now decided to set up seven more similar vegetable unions covering the rest 33 districts in Bihar. 

     

  • Huge investment opportunities exists in India in several sectors: Piyush Goyal

    Huge investment opportunities exist in India in sectors like housingNSE -1.13 %, smart cities, railway stations, gas and telecom grids for UK companies, Commerce and Industry Minister Piyush Goyal has said. 

     

    He was addressing India Day Conclave in London on Tuesday, a release said. 

  • Better business climate, trade norms will help India attract FDI: IMF

    Easing business climate and relaxing trade related norms will help India attract foreign investors and improve the current account deficit situation, according to International Monetary Fund (IMF).

     

  • Various measures to bring transparency in administration

    The Government of India has implemented various measures bringing technological intervention to bring transparency in the day to day administration, such as, implementation of e-Office, e-Leave management system, Employee Information System, Smart Performance Appraisal Report Recording Online Window (SPARROW), Aadhar enabled Bio-metric Attendance System (AEBAS), Pension Sanction and Payment tracking System (Bhavishya), Public Financial Management System (PFMS), Government e-Market (GeM), Central Public Procurement Portal (CPPP), F

  • Repayment of 10.03% Government Stock 2019

    The outstanding balance under 10.03% Government Stock is repayable at par on August 09, 2019. No interest will accrue there on from the said date. In the event of a holiday being declared on August 09, 2019 by any State Government under the Negotiable Instruments Act, 1881, the Loan/s will be repaid by the paying offices in that State on the previous working day.

     

  • 100-day plan of Modi 2.0: Strategic sales, simplifying GST slabs, credit to MSMEs

    The Union government's 167 'transformative ideas for implementation in the first 100 days of the Modi governments second stint - that is by October 15 -- is likely to see the Finance Ministry taking measured steps turning India into a $5 trillion economy by 2025 and and work towards its promise to double farm income by 2022 among others. 

     

  • India-US trade talks recommence, but the US still looking at arm-twisting India

    India complied with the US directives to stop importing oil from Iran after American waivers granted to eight countries still buying the oil expired in the first week of May. Coerced by the US, which is aiming at the Government change in Venezuela, India has also ended oil import from Venezuela, increasing further its dependence on Saudi Arabia, Iraq, and the UAE.

     

  • India seeks investments, but won't sign unfair trade deals: Piyush Goyal

    India has red lines to protect its economy and it won't sign unfair trade agreements, said Commerce and Industry Minister Piyush Goyal in London on Sunday.

     

    Goyal spoke to an audience of Indian diaspora after his government's policy measures on e-commerce, data localisation and a tax surcharge on the rich were believed to have spooked investors.

  • India, UK set up 3 new bilateral trade working groups

    India and the UK have agreed to set up three new bilateral working groups to tackle barriers to trade in specific sectors of food and drink, healthcare and data services as part of the Joint Economic and Trade Committee (JETCO) meeting in London on Monday. 

     

  • NMPT to focus on containers, coastal cargo to boost growth

    New Mangalore Port Trust (NMPT) is aiming to handle a traffic of 50 million tonnes per annum (MTPA) in the next three-four years, according to Venkata Ramana Akkaraju, Chairman.

     

  • Chile-led Pacific Alliance complements India's Indo-Pacific construct

    Chile, riding on Pacific Alliance (PA) Presidency, hopes to emerge as a key partner for India in the Indo-Pacific region amid efforts by the Alliance to explore cooperation beyond Latin America to thwart trade protectionism.