NESG advocates industrial development policy integration

NESG advocates industrial development policy integration

The Nigerian Economic Summit Group (NESG) has recommended the establishment of an industrial development policy nexus in education hubs to foster Nigeria’s economic growth. According to the Chief Executive Officer (CEO) of NESG, Oluwatayo Aduloju, this strategic move aims to foster consensus among Nigeria’s business, political, and intellectual leaders, ensuring the country’s “developmental imperatives” are … Read more

Manmohan Singh’s tryst with ET awards

Manmohan Singh’s tryst with ET awards

The 2006 ET awards hosted the then PM as chief guest, who also graced India’s premier corporate awards in 2009, and then again in 2012. Edited excerpts from two of his speeches.In 2006: “I am not sure if the time has already come for us to be taking stock of the reforms we initiated in … Read more

Chinese Premier Li Qiang makes new overtures to foreign firms, pledging more access and services

Chinese Premier Li Qiang makes new overtures to foreign firms, pledging more access and services

China is doubling down on efforts to appeal to foreign investors, with Premier Li Qiang promising offshore players wider access to the country’s markets and better services. Addressing company executives in the eastern economic powerhouse of Zhejiang, Li said China put high value on the development of foreign-invested firms and would “steadily expand” their access … Read more

Singapore Airlines gets FDI nod from Indian govt for Vistara-Air India merger

Singapore Airlines gets FDI nod from Indian govt for Vistara-Air India merger

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

India records 26 pc jump in FDI flows in first quarter

India records 26 pc jump in FDI flows in first quarter

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

Maharashtra, Karnataka, Delhi top UK’s investment flows from India: Report

Maharashtra, Karnataka, Delhi top UK’s investment flows from India: Report

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

Opinion | What does Xi’s hi-tech push mean for China?

Opinion | What does Xi’s hi-tech push mean for China?

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’s Trade Pact With 4-Nation European Bloc: All About Swiss Watches, Chocolates Set to Enter Indian Market

India’s Trade Pact With 4-Nation European Bloc: All About Swiss Watches, Chocolates Set to Enter Indian Market

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

China’s ‘two sessions’ 2024: legislature hammers home pro-business stance, says nation’s door is ‘always open to world’

China’s ‘two sessions’ 2024: legislature hammers home pro-business stance, says nation’s door is ‘always open to world’

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

China unveils plan to boost business environment in the Greater Bay Area

China unveils plan to boost business environment in the Greater Bay Area

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