New Delhi: The government on Monday said it will reopen the window for accepting new applications from companies willing to invest and seek benefits under the incentive scheme based on production of home appliances, including air conditioners and LED lights.The period, according to the...
The application window for the scheme will be open from July 15 to October 12.So far, 66 applicants with committed investment of Rs 6,962 crore have been selected as beneficiaries under the PLI scheme.Daikin, Voltas, Hindalco, Amber, PG Technoplast, Epac, Metube, LG, Blue Star, Johnson...
According to a research note by DBS Bank, the broader narrative about the pick-up in the investment cycle is that it is mostly driven by the public sector, led by the central government.According to Radhika Rao, executive director and senior economist, and Daisy Sharma, data analytics at DBS...
New Delhi, expressing concern over new private investment plans falling to a 20-year low in the first quarter of this fiscal year, Congress on Monday alleged that India has suffered due to "random political changes" and an atmosphere of "fear and intimidation." .Congress general secretary in...
New Delhi: Godrej Industries Ltd on Monday said its chemicals business unit has agreed to acquire a unit of Shree Vallabh Chemicals in Kheda, Gujarat, with an estimated investment of Rs 45 crore.Godrej Industries said in a regulatory filing that the company's chemicals business has signed a...
The ministry said this was a result of market growth and confidence generated due to manufacturing of key components of air conditioners and LED lights in India under the PLI scheme for home appliances.The application period opens with the same terms and conditions stipulated in the PLI home...
New Delhi: The government on Monday said it will reopen the application window for the PLI scheme for white goods, including ACs and LED lights, for 90 days from July 15.The Ministry of Commerce and Industry said the industry is keen to invest more under the Production Linked Incentive (PLI)...
On Friday, the first day of the newly elected Labor government, the domestic-focused FTSE 250 index rose 0.86 percent and the country's 10-year bond yield fell 0.8 percentage points, the agency reports. Xinhua News.This year's first quarter GDP rose 0.6 percent and the annual consumer price...
Noida, green energy solutions company NexGen Energia plans an investment of Rs 15,000 crore to open 5,000 green diesel and compressed biogas (CBG) pumps in the country over the next 10 years.The Noida-based company recently inaugurated its first CBG pump in Mau district of Uttar Pradesh...
Islamabad, Pakistan, is expected to receive US$5 billion investment over the next three years from local and international companies for the exploration and development of oil and gas reserves, saving the troubled country's valuable foreign exchange. of liquidity and will provide relief to the...
New Delhi: Foreign investors poured over Rs 7,900 crore into Indian stocks in the first week of the month amid healthy economic and earnings growth momentum.With this, FPI's total investment in equities has reached Rs 1.16 lakh crore so far this year, depositories' data showed.Going forward...
The suspects were involved in over 1,300 cases, including love scams, e-commerce scams, friend impersonation scams, investment scams and job scams.Police said victims suffered losses of more than 10 million Singapore dollars (US$7.4 million), Xinhua news agency reported.The suspects were...
Thane, A 60-year-old man lost Rs 30.80 lakh in an online cryptocurrency investment fraud, police said on Saturday.Police have registered an FIR against two people and are investigating.“The complainant was contacted on WhatsApp in June by two persons who made him a member of a group assuring...
Lucknow (Uttar Pradesh) [India], The Uttar Pradesh government is adopting the Public Private Partnership (PPP) model in various sectors to achieve the $1 trillion economic target for Uttar Pradesh by 2027-28.To achieve the target of a trillion-dollar economy by 2027-28, Uttar Pradesh needs a...
In the largest funding round, fashion e-commerce platform Purple secured $120 million led by Abu Dhabi Investment Authority.Agri-tech startup Arya.Ag also announced raising $29 million led by impact investment firm Blue Earth Capital.Video telematics startup Coutio also announced a pre-seed...
New Delhi [India], Foreign investors have taken the lead in India's real estate sector during the first half of 2024, accounting for 65 percent of total investments, according to a JLL report.The report highlighted that Foreign Institutional Investors (IFIs) injected around $3.1 billion...
Gandhinagar (Gujarat) [India], Gujarat has recorded a 55 per cent rise in foreign direct investment (FDI) inflow during the financial year 2023-24, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).According to DPIIT data released on Friday...
New Delhi [India], Foreign Portfolio Investors (FPIs) have pumped Rs 7,962 crore into the Indian stock market in the first week of July, according to data from National Securities Depository Limited (NSDL).The data highlights that the total investment by FPIs in Indian markets has also crossed...
Agartala, Tripura Commerce and Industry Minister Santana Chakma on Friday said the state government has constituted a high-level committee with the aim of promoting investment and industry.Tripura's eight-member Investment Promotion Agency (IPAT) committee will be headed by Chief Minister...
An official statement said the Lieutenant Governor discussed with the ambassador the investment potential of Jammu and Kashmir in various sectors such as industry, tourism, start-ups, handlooms, handicrafts, food processing, agriculture and allied sectors.“Jammu and Kashmir is on the verge of...