investments News

Renewable sector in India attracts $10-20bn of investment: IEEFA

Renewable sector in India attracts $10-20bn of investment: IEEFA

New Delhi: While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, a new IEEFA briefing note said on Tuesday.Policy-related headwinds and a col...

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Dividend on income surcharge on FPIs capped at 15%

Dividend on income surcharge on FPIs capped at 15%

New Delhi: In a major relief for foreign portfolio investors, the Union Government has proposed to cap the surcharge on dividend income from FPIs with a trust structure at 15 per cent.Currently, FPIs that operate as trusts have to pay a surcharge as high as 37 per cent if their dividend income is ov...

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Centre mulls closure of PSUs up for sale on case-to-case basis

Centre mulls closure of PSUs up for sale on case-to-case basis

New Delhi: The Union government may consider the closure of central public sector units (PSUs) even if they have been approved for strategic disinvestment on a case-to-case basis.In a written reply to a question in the Lok Sabha, Minister of State for Finance Anurag Thakur said that the government f...

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Amid 'ease of business' claims, going remains tough for MNCs

Amid 'ease of business' claims, going remains tough for MNCs

New Delhi: The Modi government has left no stone unturned in inviting foreign investors with claims of an improved business environment backed by unprecedented reforms in the past six years, but what many industry players face is a different story altogether.From high tax levies to retrospective app...

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Investment in Gold: Should you dive-in or wait for further correction?

Investment in Gold: Should you dive-in or wait for further correction?

Gold has always been a part of our life, sometimes in the form of jewellery for personal use and sometimes as an investment. Whatever way we like to look at it, the significance of gold has always been there and will continue to exist. Before we come to what should you do with gold prices near all-t...

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Govt's stake divestment to be credit negative for PSBs: ICRA

Govt's stake divestment to be credit negative for PSBs: ICRA

New Delhi: The proposed divestment of the Centre's majority stake in certain PSBs will be credit negative for these lenders, ratings agency ICRA said on Thursday.Citing recent reports which suggest a possible divestment of majority stake in few PSBs that were left out of the PSBs consolidation exerc...

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First investment advisor obtains SEBI licence in GIFT IFSC

First investment advisor obtains SEBI licence in GIFT IFSC

Mumbai: Investment Advisory operations are all set to take off in India's first International Financial Services Centre (IFSC) at GIFT City, with capital markets regulator SEBI giving license to an impact investing firm to begin its operation in GIFT IFSC.Aavishkaar Investment Advisers IFSC Private ...

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India should look for outward investments to meet domestic needs: Exim Bank study

India should look for outward investments to meet domestic needs: Exim Bank study

Chennai: India should look at outward investments in agriculture and rare earth elements to meet domestic demand as well as specific interventions for encouraging innovation-led manufacturing, revisiting regulations to reduce import dependence in certain sectors, states a study by Export Import Bank...

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Parliamentary panel for abolishing tax on LTCG from investments in startups

Parliamentary panel for abolishing tax on LTCG from investments in startups

New Delhi: The Standing Committee on Finance (2019-20) has recommended to the Centre to abolish tax on Long Term Capital Gains for all investments in startups which are made through collective investment vehicles (CIVs) such as angel funds, alternate investment funds (AIF), and investment LLPs.The c...

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RIL gaining enthusiasm on investments from global tech majors : Report

RIL gaining enthusiasm on investments from global tech majors : Report

New Delhi: Reliance Industries Limited (RIL) is garnering greater levels of enthusiasm from investors given the investments from global technology majors and also the digitization pathway it has laid out, Morgan Stanley said in a report."Also with the backing of very strong energy cash flows and par...

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