At inauguration of flagship event SemiconIndia2023 in Gandhinagar, the PM detailed reforms and tax exemptions the government has undertaken to bring in more investment in the sector.
PM Narendra Modi calls on long-term global investors to invest in infrastructure in India, and says the country will have a multiplier effect on development and growth across the world.
Startups are vital to India’s economic growth. To ensure they are not subject to onerous influence from foreign investors, we need to build up a venture capital industry.
Against warnings of long-term economic risks, Finance Minister Nirmala Sitharaman reaffirmed the government’s 2019 Budget plan to issue overseas sovereign bonds.
A higher surcharge on wealthy Indians in the Budget has alarmed overseas investors since it also applies to trusts – a choice for several foreign funds that invest in India.
When he was asked why he was so loud in his criticisms of Indian industry when his purpose could be better served by a shrewder approach, he said, “Because I am a Punjabi, not a Marwari”.
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
The new engine, set to be developed over the next 10 years, will power the second tranche of Advanced Medium Combat Aircraft. First set will be equipped with GE 414 engines.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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