Realty sector sees ₹16,000-crore investment in first half of fiscal

Mohammed YousufBig bang policy reforms, economic and political stability, liberalisation of the FDI policy and improvement in the investment community’s sentiment are some of the factors working in Indian real estate’s favour BENGALURU, JULY 20:   The first half of calendar year 2017 witnessed an investment inflow of ₹16,000 crore into the real estate sector, the […]

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‘Investment at current levels calls for cautious approach’

LIC Mutual Fund is trying to get back into investors’ reckoning after the indifferent performance of the past few years. Saravana Kumar, Chief Investment Officer, has the key responsibility to deliver the kind of returns that will get investors excited and return to the fund in greater numbers in future. He shared his thoughts about […]

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Cabinet nod for clarity on investment pact with Bangladesh

Finance Minister Arun Jaitley after a Cabinet meeting in New Delhi on Wednesday. – PTI IRRI centre to be set up in Varanasi NEW DELHI, JULY 12:   The Union Cabinet on Wednesday approved the Joint Interpretative Notes (JIN) on the Agreement between India and Bangladesh for to bring clarity to the interpretation of the existing […]

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Singapore’s Temasek cuts new investment

Temasek Holdings reported a record portfolio value for last year as rallying global stocks helped rake in positive returns, but the Singapore state investor also nearly halved its new investments reflecting a cautious approach to markets. Temasek joined bigger state fund GIC and Chinese sovereign wealth fund China Investment Corp. in flagging intense competition from […]

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Centre to clear Amazon’s $500 mn investment proposal

The Centre has decided to approve US retail giant Amazon’s proposal to invest $500 million in food retail sector in India. The Department of Industrial Policy & Promotion (DIPP) — the nodal body for the retail sector — at a recent meeting decided to give its nod for Amazon’s proposal, a government official told BusinessLine. “A […]

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China needs to eliminate barriers to investment, create jobs: premier

BEIJING (Reuters) – China needs to “eliminate barriers” to foreign investment and create jobs to spur growth in the country, the world’s second-largest economy, Premier Li Keqiang said. Earlier this week, the government relaxed curbs on foreign investment, removing 30 entries from a list to allow more access into its services, manufacturing and mining sectors. […]

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LIC defends investment in ITC, says receives orders from Centre

Life Insurance Corporation of India said that there is no law or policy that stopped it in investing in tobacco companies, while defending its holding in ITC. Moneycontrol News Insurance behemoth Life Insurance Corporation of India (LIC) said that there is no law or policy that stopped it from investing in tobacco companies, while defending […]

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