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By Goldennifty about 35 days ago
FDI INCREASES BY A WHOPPING 74 PERCENT TO $2.21 BILLION IN FEBRUARY DATE: 19/04/2012 India's Foreign Direct Investment (FDI) has increased by a whopping 74% to $2.21 billion in February as compared to the same month last year. This has taken the total FDI for the period April- February 2011-12 to $24.8 billion, which is substantially higher than $19.42 billion in 2010-11, and $25.83 billion in 2009-10. Services sector received the largest share of $5.05 billion followed by pharmaceuticals $3.21 billion and telecom $1.99 billion. The other major beneficiaries were construction $2.52 billion, power $1.61 billion and metallurgical industries $1.76 billion. Experts are of the opinion that there is even more scope to increase the FDI if the government goes through its economic reforms of allowing 100% FDI in sectors like multi-brand retail and insurance. They are of the opinion that $2 billion is not a large amount and India can do much better. Mauritius remained the top source of inflows with investments of $9.42 billion, thanks to the double taxation avoidance treaty. Other sources were Singapore ($5.07 billion), Japan ($2.86 billion), UK ($2.75 billion), Germany ($1.54 billion), Netherlands ($1.21 billion) and Cyprus ($1.42 billion). Recently, the government has rationalized the procedure to enhance foreign investment into the country and also allowed FIIs to invest up to 23% in commodity exchanges without seeking its prior approval. POWERED BY: COMMODITY INSIGHTS www.goldennifty.com
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By Goldennifty about 35 days ago
FDI INCREASES BY A WHOPPING 74 PERCENT TO $2.21 BILLION IN FEBRUARY DATE: 19/04/2012 India's Foreign Direct Investment (FDI) has increased by a whopping 74% to $2.21 billion in February as compared to the same month last year. This has taken the total FDI for the period April- February 2011-12 to $24.8 billion, which is substantially higher than $19.42 billion in 2010-11, and $25.83 billion in 2009-10. Services sector received the largest share of $5.05 billion followed by pharmaceuticals $3.21 billion and telecom $1.99 billion. The other major beneficiaries were construction $2.52 billion, power $1.61 billion and metallurgical industries $1.76 billion. Experts are of the opinion that there is even more scope to increase the FDI if the government goes through its economic reforms of allowing 100% FDI in sectors like multi-brand retail and insurance. They are of the opinion that $2 billion is not a large amount and India can do much better. Mauritius remained the top source of inflows with investments of $9.42 billion, thanks to the double taxation avoidance treaty. Other sources were Singapore ($5.07 billion), Japan ($2.86 billion), UK ($2.75 billion), Germany ($1.54 billion), Netherlands ($1.21 billion) and Cyprus ($1.42 billion). Recently, the government has rationalized the procedure to enhance foreign investment into the country and also allowed FIIs to invest up to 23% in commodity exchanges without seeking its prior approval. POWERED BY: COMMODITY INSIGHTS www.goldennifty.com
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By Goldennifty about 35 days ago
FDI INCREASES BY A WHOPPING 74 PERCENT TO $2.21 BILLION IN FEBRUARY DATE: 19/04/2012 India's Foreign Direct Investment (FDI) has increased by a whopping 74% to $2.21 billion in February as compared to the same month last year. This has taken the total FDI for the period April- February 2011-12 to $24.8 billion, which is substantially higher than $19.42 billion in 2010-11, and $25.83 billion in 2009-10. Services sector received the largest share of $5.05 billion followed by pharmaceuticals $3.21 billion and telecom $1.99 billion. The other major beneficiaries were construction $2.52 billion, power $1.61 billion and metallurgical industries $1.76 billion. Experts are of the opinion that there is even more scope to increase the FDI if the government goes through its economic reforms of allowing 100% FDI in sectors like multi-brand retail and insurance. They are of the opinion that $2 billion is not a large amount and India can do much better. Mauritius remained the top source of inflows with investments of $9.42 billion, thanks to the double taxation avoidance treaty. Other sources were Singapore ($5.07 billion), Japan ($2.86 billion), UK ($2.75 billion), Germany ($1.54 billion), Netherlands ($1.21 billion) and Cyprus ($1.42 billion). Recently, the government has rationalized the procedure to enhance foreign investment into the country and also allowed FIIs to invest up to 23% in commodity exchanges without seeking its prior approval. POWERED BY: COMMODITY INSIGHTS www.goldennifty.com
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By Vikash Agarwal about 42 days ago
FDI inflows to India witnessed significant moderation in 2010-11 while other EMEs in Asia and Latin America received large inflows. This had raised concerns in the wake of widening current account deficit in India beyond the perceived sustainable level of 3.0 per cent of GDP during April-December 2010. This also assumes significance as FDI is generally known to be the most stable component of capital flows needed to finance the current account deficit. Moreover, it adds to investible resources, provides access to advanced technologies, assists in gaining production know-how and promotes exports.
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By Goldennifty about 76 days ago
International Prices of Imported Edible Oil C& F ( $ per Tonne ) CPO Mar 1125 RBD Mar 1155 CIF ( $ per Tonne ) SOYA OIL Mar 1272 SUNFLOWER OIL Mar 1240 High seas ( Rs per Kg ) CPO Mar 562 SOYA DEGUM Mar 665
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By Goldennifty about 101 days ago
MCX NICKEL (Feb 13) RESISTANCE 1 1,036.83 RESISTANCE 2 1,038.97 RESISTANCE 3 1,042.83 SUPPORT 1 1,030.83 SUPPORT 2 1,026.97 SUPPORT 3 1,024.83 http://www.goldennifty.com
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By Jreshu about 110 days ago
best intraday trading tips
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By NDTV Guest about 111 days ago
xcv
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By NDTV Guest about 111 days ago
xcv
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By Growth Avenues about 154 days ago
Buy VIP: CK Narayan, Growth Avenues Asset Advisors - Economic Times http://bit.ly/sHf15m
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