Singapore: Singapore Airlines on Friday said it has received approval from the Indian government for the foreign direct investment as part of the proposed merger of Vistara with Air India, a deal that will create one of the world’s largest airline groups. With the clearance in place, the merger that will see Singapore Airlines acquiring … Read more
Mumbai: The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to the same quarter of the previous year, according to the RBI’s latest monthly bulletin. This has resulted in net FDI shooting up to … Read more
London: Maharashtra followed by Karnataka and Delhi are the top three states of India bringing in foreign direct investment (FDI) into the UK, according to a new joint report produced by the Confederation of Indian Industry (CII) and the High Commission of India in the UK. “Indian Assets: Charting the Journeys of Indian Companies in … Read more
Between 1980 and 2017, China’s foreign direct investment increased by more than 90 times, making it by far the top recipient among emerging markets. Similarly, when China first started its economic reforms in 1978, its population was around 960 million. By 2017, it had reached nearly 1.4 billion, adding more than 10 million newborns each … Read more
India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to enhance trade and investments between the two regions, heralding a new era of economic cooperation. As a result of the trade pact, Indian customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and … Read more
A new law promoting the private sector is being crafted to tailor legislation to the most pressing needs of the key sector. China’s door is always open to the world, and we will never slam it shutLou Qinjian, NPC spokesman The top legislature is also set to review the first amendment to the Organic Law … Read more
Beijing has drawn up a blueprint designed to foster a world-leading business environment in its Greater Bay Area of Guangdong, Hong Kong and Macau. The release of the three-year action plan by the National Development and Reform Commission, the country’s top economic planner, comes as the world’s second-largest economy is grappling with a dip in … Read more
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