Report by the PHD Chamber of Commerce and Industry says domestic gold production is expected to rise from 16 tonnes to 100 tonnes by 2030, eliminating the need for imports.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
High amount of money pulled out through divestments/ repatriations is not necessarily a bad thing. It shows that investors who had invested over earlier years have probably made capital gains and have returned money to original investors. That sets a good track record for foreign investors and adds credibility. But this hypothesis needs to be cross checked against the type of money pulled out which analysis was not focussed on in this episode. One of the problems in China is that foreign investors have not be able to repatriate or divest their holdings in China as compared to the massive investment coming ‘in’ the country.
High amount of money pulled out through divestments/ repatriations is not necessarily a bad thing. It shows that investors who had invested over earlier years have probably made capital gains and have returned money to original investors. That sets a good track record for foreign investors and adds credibility. But this hypothesis needs to be cross checked against the type of money pulled out which analysis was not focussed on in this episode. One of the problems in China is that foreign investors have not be able to repatriate or divest their holdings in China as compared to the massive investment coming ‘in’ the country.