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India's Manufacturing Sector Sees $165 Billion in FDI, Achieving 69% Growth Over a Decade
Replying to a question in the Rajya Sabha, Prasada said that FDI inflows aggregated to $383.5 billion during the last five financial years from 2019-20 to 2023-24, on the back of production-linked incentive, or PLI, schemes.
India Leads Major Economies in Rapid Growth of Intangible Investments
So, here is how the WIPO report on India summarizes the viewpoint: "That, indeed, development towards intangible investment stands at par with some of the advanced economies; its numbers in 2020 are not very far from those of Sweden. Intangible assets include elements of R&D, software, data, design, brand value, reputation, supply chain expertise, and high-level skills; in effect, the assets related to intellectual property in various forms".
Indian Stock Market Shows Robust Resilience and Strong Investment Pipeline: Jefferies
Recent reports indicate that US employers created 114,000 jobs in July, missing the estimate 175,000. However, the jobless rate climbed to 4.3 percent, a near three-year high.
FPIs Invest Rs 54,727 Crore Boosted by Positive Growth Projections for FY25
An economic survey released last week before the Union Budget pegged the growth rate for the country at 6.5% to 7% for 2024-25.
Indian Startups Secure Over $1 Billion in Funding for July, Report Reveals
According to a report by Entrackr, for the month of July, Indian startups closed 126 funding deals worth $1.03 billion. Of this, 28 were growth or late-stage investments of $725 million, whereas 72 were early-stage investments pegged at $311 million. The details of 26 such early-stage deals were not disclosed.
Government Greenlights Eight High-Speed Road Corridors with Rs 50,655 Crore Investment
These projects could be set to have an output of approximately 4.42 crore mandays of direct and indirect employment. The Cabinet Committee on Economic Affairs has given a go-ahead to some of the significant corridors are the 6-Lane Agra-Gwalior National High-Speed Corridor, 4-Lane Kharagpur-Moregram National High-Speed Corridor, and 6-Lane Tharad-Deesa-Mehsana-Ahmedabad National High-Speed Corridor,
Government Removes Angel Tax on Startups Across Investor Categories
Angel tax is a charge levied by the government on the funds that unlisted companies, especially startups, raise if their shares' valuation is more than the fair market value.
Sharp Rise in Japanese Bankruptcies Hits 10-Year Peak: Survey
According to Teikoku Databank of Japan, the number of bankruptcies totaled as high as 4,887 for January to June, the highest since 2014. Service industry bankruptcies were the highest, at 1,228, followed by retail and construction at 917, showing its across-industry effect.
Japan’s Toshiba Group to Pump Rs 500 Crore into Expanding Operations in India
TTDI offers an array of clean technologies related to renewable energy, including photovoltaic inverters, power transformers, gas-insulated switchgear, and transformers for inverter duty.
India's April-June Quarter: Surge of 501 Deals Worth $21.4 Billion Fueled by Political Stability
On the other hand, M&As combined with PE deals came up to 467 transactions valued at $14.9 billion, marking a 9% rise in transaction volumes. This increase was largely driven by four big-ticket transactions by the Adani Group in the industrial materials and ports sectors, which contributed 52% of the total M&A values for the quarter.
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