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NITI Aayog to host Global Entrepreneurship Summit (GES 2017) in Hyderabad

NITI Aayog will host the 8th annual Global Entrepreneurship Summit (GES 2017) in partnership with the USA, which is scheduled to be held in Hyderabad from November 28 to 30. The 2017 theme “Women First, Prosperity for All” will celebrate ..

India ranks 40th in 2017 Global Competitiveness Index

India was placed at 40th spot among 137 countries in World Economic Forum’s (WEF) Global Competitiveness Index (GCI) 2017-18. India has slipped by one position compared to 39th spot in 2016 GCI. Global Competitiveness Index WEF’s GCI assesses competitiveness of ..

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India ranks third in nuclear power installations: study

According to World Nuclear Industry Status Report 2017, India with six installed nuclear reactors ranks third in world, while China is leading at 20 installed nuclear reactors. Key Highlights of Report Decline in Nuclear Reactors: The number of nuclear reactor ..

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RBI takes masala bonds out of corporate bond limit for FPIs

The Reserve Bank of India (RBI) has increased corporate bond investment limit for foreign investors by taking out Masala bonds (rupee-denominated bonds) from ambit of total debt investment limit. They will be considered as part of External Commercial Borrowings (ECBs) ..

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FTSE SBI Bond Index: India's first bond index series launched by SBI

State Bank of India (SBI) along with FTSE Russell, global index and data provider launched FTSE SBI Bond Index series at London Stock Exchange (LSE). It is India’s first bond index series for overseas investors. It launch follows November 2015 ..

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SEBI allows REITs, InvITs to raise funds via debt securities

Capital markets regulator SEBI (Securities and Exchange Board of India) amended guidelines of Real Estate Investment Trusts (Reits) and Infrastructure Investments Trusts (InvITs) in order to broaden scope of fund raising by such instruments. Amended Guidelines It allows REITs and ..

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Government invites startups for Northeast Venture Fund

The Ministry of Development of Northeast has invited start-ups from all over country to avail benefits of Northeast Venture Fund in a bid to make Northeast India favourite destination for young Startups. The dedicated Venture fund aims to remove constraints ..

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GSTN reopens composition scheme window for small traders

The GST Network (GSTN) has reopened composition scheme window facility for small taxpayers with turnover of up to Rs.75 lakh to opt for composition scheme, which offers easy compliance for business as returns are to be filed only quarterly. The ..

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India’s Forex reserves cross $400 billion for first time

According to Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserves have crossed $400 billion mark for the first time. The increase was due sharp rise in foreign currency assets. India is now at sixth position in forex reserves ..

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India, China unlikely to be growth poles for global economy: UNCTAD Report

According to UNCTAD’s recently released Trade and Development Report (TDR) 2017, India and China at their current levels of growth will not serve as “growth polls” for global economy in near future. TDR is flagship report of the United Nations ..

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