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It is very heartening to note that an amendment to the Industrial and Investment Policy of 2019 with customised incentives has borne fruit in the form of over Rs 11,000 crore in investment

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Tax exemption notified for non-residents' investments in offerings by IFSC

"The relaxation will allow non-residents to claim tax exemption in India on income from financial products offered by GIFT city intermediaries and is expected to give a boost to financial products and solutions offered from GIFT City," Rajesh Gandhi, Partner, Deloitte India said. "Among various intermediaries, the foreign clients of the brokers trading on various financial products on the IFSC stock exchanges are likely to be major beneficiaries of this exemption," Sunil Gidwani, Partner- Financial Services, Nangia Andersen LLP said.

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Gujarat: Sector-specific policies key to Gujarat's effort to attract business investments

The 10th edition of the VGGS will be held in Gujarat capital Gandhinagar between January 10 and 12, 2024. Industry leaders have lauded Gujarat as an investment destination and the state government's approach to creating a conducive business environment.

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FDI Inflows: FDI inflows likely to rise in 2024 as India remains 'preferred investment destination

India Business News: FDI into India expected to increase in 2024 due to healthy macroeconomic numbers, better industrial output, and attractive PLI schemes. The government

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ASEAN to promote sustainable mineral investment and development

ASEAN to promote sustainable mineral investment and development
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Investment Proposal: J&K receives investment proposal worth Rs 86,000 crore: LG Manoj Sinha | India News

India News: Jammu and Kashmir has received investment proposals worth Rs 86,000 crore, making it a favored destination for investors. The lieutenant governor, Man

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hinduja: At the moment, India is the best destination for investment: Gopichand Hinduja

The Hinduja Group is planning to go for an initial public offering (IPO) by the middle of next year, according to Ashok Hinduja, Chairman (India) of the group. The listing would allow global high net worth shareholders to partly exit and generate value. The group is currently reviewing potential listing locations, including Singapore, Dubai, Luxembourg, and Mauritius. Gopichand Hinduja, Chairperson of the group, expressed confidence in India's growth potential and praised Prime Minister Modi's vision, while also emphasizing the importance of implementing that vision effectively.

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New manufacturing projects decline in June 2023, shows CMIE data

By Sachin P Mampatta New investment projects announced in the manufacturing sector declined in the three months ended June 2023. The value of new projects was lower than in the March quarter, as well as the year-ago period, shows data from project tracker the Centre for Monitoring Indian Economy (CMIE). The new project announcements

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New manufacturing projects decline in June 2023, shows CMIE data

New investment projects announced in the manufacturing sector declined in the three months ended June 2023.

The value of new projects was lower than in the March quarter, as well as the year-ago period, shows data from project tracker the Centre for Monitoring Indian Economy (CMIE).

The new project announcements worth around Rs 85,000 crore in the manufacturing segment in June were a 48 per cent decline from the Rs 1.6 trillion in March and a 66 per cent decline from the Rs 2.5 trillion seen in June 2022.

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