Mark Mobius of Templeton Emerging Markets Group on Monday placed India among ‘strong emerging markets’ in the quarter gone by as the Asian region continued to gain.With the GDP growth in many countries slowly improving, India continued to grow at 7.1% in the first quarter of FY17. Markets in Asia continued to gain, making it … Continue reading “India Among Strong Emerging Markets”
While addressing a 50 member strong delegation of 20-20 Investment Assosciation,a group of the world’s most prestigious and economically powerful institutional investors who together represent over $7 trillion in investment capital, Venkaiah Naidu asked them to explore the opportunities for investment in Urban Missions. The minister said the Urban Development Ministry has taken initiatives to transform … Continue reading “Venkaiah Naidu appealed 20-20 Investment Association to invest in India”
RBI has notified the Operating Guidelines for Payment Banks. In effect, payments banks and small finance banks have been allowed to use digital banking to open bank accounts. RBI has also permitted mobile phone users to open bank accounts with the payments banks promoted by telecom companies seamlessly, provided all the KYC (know your customer) … Continue reading “RBI Operating Guidelines For Payment Banks”
PM Narendra Modi siad, he is looking forward to new partnerships with the members of BRICS and also wants to discuss ways to address international and regionala challenges. He recently said in a facebook post that as chair of BRICS this year, India has embraced a stronger emphasis on promoting people-to-people linkages in diverse fields including trade,sports,films,education,scholarships and tourism.This … Continue reading “Narendra Modi at BRICS summit”
Improvement in ease of doing buisness ranking and Make in India and many other schemes started by Modi government has improved India’s status in world and now whole world is noticing India and its effort.Indian governments effort has worked well. India bags biggest share of greenfield investment in 2016. Yet another testimony of Make in india’s success. … Continue reading “India bags biggest share of greenfield investment”