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FOREIGN DIRECT INVESTMENT
Stellantis takes full ownership of Thiruvallur plant; targets 160 pc production ramp-up by 2027Stellantis India has acquired full ownership of its manufacturing operations in Thiruvallur, Tamil Nadu, after buying the remaining stake f...- EM local bonds gain favour as dollar debt lagsCurrent trends indicate that investors are leaning towards local emerging market debt rather than dollar-denominated bonds. The allure of a...
- Karnataka HC dismisses Genpact's plea against ED seizure of Gurugram officeThe ED alleges that the resulting entity repaid about Rs 7,800 crore, including principal and interest, to Genpact Luxembourg between 2018 ...
- Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investmentMoody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving t...
- Coal Ministry opens 16th round of commercial Coal mine bidding, offering 25 blocks across 8 statesThe Ministry of Coal has launched its sixteenth auction round for commercial coal mines. Twenty-five coal blocks across eight states are no...
- Leather, footwear exports may hit $5.5 billion as UK, EU trade pacts boost growth: CLE Chairman JunejaIndia's leather exports are projected to reach USD 5.5 billion by 2026-27. Trade pacts with the UK and EU will significantly boost these fu...
- WTO cites India-EFTA trade deal as unilateral mechanism to achieve market access outcomeTrade agreements beyond the multilateral trading system can also offer examples whereby unilateral enforcement mechanisms have been tailore...
- Indian diaspora deposits boost capital account to $33.5 billion surplus in July, RBI data showsOverseas deposits from the Indian diaspora significantly boosted the country's capital account surplus. This inflow helped offset the overa...
- India-China trade reset: New talks begin on trade concerns, supply chains; more meetings expectedIndia-China trade reset: India and China have begun discussions to address key bilateral trade concerns, with a focus on structural trade i...
- India’s current account deficit more than doubles to $7 billion in July as trade gap expandsIndia's current account deficit grew to seven billion dollars in July. This widening gap occurred as merchandise imports outpaced exports s...
- Piyush Goyal meets Chinese commerce minister; discusses trade tiesIndia's Commerce Minister Piyush Goyal held talks with Wang Wentao, his Chinese counterpart, to explore avenues for enhancing trade and eco...
- Bhutan business bets on hazelnuts for farming futureBhutanese farmers are cultivating hazelnuts, a high-value crop, on their lands. This initiative aims to improve subsistence farming and add...
- Global funds sour on India stocks as some cut allocation to zeroGlobal investors are reducing Indian equity exposure due to a lack of AI investment themes. Foreign portfolio ownership has fallen to a sev...
- RBL Bank raises $350 million in debut international bond saleRBL Bank has raised $350 million through its first international bond sale, pricing bonds tighter than initial guidance. Strong investor de...
- ISRO clarifies: No plan to privatise space agency, role to remain centralISRO denies privatization reports, stating its role remains central to space research. Reforms aim to expand India's space ecosystem and fo...
- RBL Bank to raise up to USD 1 bn from overseas investorsRBL Bank's board has given the green light to raise up to one billion US dollars from foreign investors via a Euro Medium Term Note Program...
- Govt mulls FDI liberalisation in plantation sectorIndia is considering liberalizing foreign direct investment norms for plantations. More commercial crops like bananas could be included und...
- Gujarat likely to attract Rs 75,000 crore investments this year: ASSOCHAM Secy GenGujarat is expected to attract investments of over Rs 75,000 crore this year as the state continues to encourage businesses to set up opera...
- India’s current account deficit widens to $4.2 billion in Q1 FY27India's current account deficit reached $4.2 billion in the first quarter of the fiscal year. This widening was primarily driven by a highe...
- India is growing at 7%. It may still be too slow for Viksit BharatIndia may need to sustain annual growth of more than 9% to achieve its developed-economy ambition by 2047. Economists say reaching that goa...
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