defence
Post the Modinomics wave, the foreign investors are showing a lot of confidence in the Indian markets. Foreign direct investment (FDI) flows to India surged by about 34 % to $ 1.92 billion in June. This was published in an official data prepared by the Department of Industrial Policy and Promotion. In June 2013, the [...] Continue Reading »
As per the data by Department of Industrial Policy and Promotion (DIPP) in 2012, India collected $22.78 billion of FDI. Services, pharmaceuticals, automobiles, construction development, telecommunications, computer software and hardware, chemicals and power were the sectors that attracted foreign investment in 2013. The countries which invested in India consist of Mauritius, Singapore, UK, Netherlands, Japan, [...] Continue Reading »
Finance Minister, Mr. P. Chidambaram in his budget speech on Monday said that there had been a whopping over seven-fold increase at 3.89 lakh kilometers in the road network in the country during the UPA-I and UPA-II regime. He said, “In the year 2004, the country’s highway network was 51,511 km which has now reached [...] Continue Reading »
The San Finance Corporation (SFC), which has Rajya Sabha member Ajay Sancheti (BJP) as a partner, has financed nearly one-tenth of the 103 flats of the scam-hit Adarsh cooperative housing society. Abhay Sancheti, another partner of the firm told the two-member judicial panel looking into Adarsh’s irregularities, that it ‘granted loans to 10 people’ who [...] Continue Reading »
