Union Commerce Minister Piyush Goyal speaking at a launch event for a report on the net impact of e-commerce on employment and consumer welfare 2 min read Last Updated : Aug 22 2024 | 11:21 PM IST A day after criticising Amazon for predatory pricing, Commerce and Industry Minister Piyush Goyal softened his stance …
Foreign portfolio investors (FPIs) have tuned net sellers in Indian markets ever since reducing their momentum of buying this month with the onset of the new fiscal 2024-25 (FY25). This comes after reporting solid inflows in the previous fiscal. However, experts are doubtful if the inflows will continue in the near-term due to the India-Mauritius …
India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to enhance trade and investments between the two regions, heralding a new era of economic cooperation. As a result of the trade pact, Indian customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and …
NEW DELHI :India’s space regulatory body has opened its first technical centre that it said would aid startups and larger private companies design and plan space missions. The Indian National Space Promotion and Authorization Centre’s (In-Space) facility in Ahmedabad will offer shared infrastructure including for climate simulation, thermal and vacuum environment simulation, and space systems …
After receiving approval for 100 percent FDI, Saab has established a new company, Saab FFVO India Private Limited, which will fully own the new manufacturing facility in Haryana’s Jhajjar. “Today is an important milestone for Sweden and India. Saab’s factory will be the first foreign fully-owned defence production facility in India. It is a testament …
In what looks like one of the most concrete manifestations of the “China-plus-one” sentiment in the global economy, China’s foreign direct investment (FDI) flow turned negative in the July-September quarter for the first time since 1998, the earliest period for which this data is available. While the Chinese state media maintained a brave face and …
Image Source : REPRESENTATIVE IMAGE FDI equity inflows dip 34 per cent to $10.94 billion Foreign direct investment (FDI) into India declined 34 per cent to USD 10.94 billion during April-June 2023-24, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at USD 16.58 …
Image Source : PTI/REPRESENTATIONAL PIC BSE listed firms’ valuation hits new peak The valuation of BSE listed firms has reached a new peak, resulting in a significant increase in equity investors’ wealth. The BSE Sensex has been experiencing a record-breaking rally, fueled by continuous foreign fund inflows and bullish investor sentiments. Rising for the fifth …