Investment  

The Union cabinet, led by Prime Minister Narendra Modi, approved a Rs 59,048 crore investment to provide post-matriculation scholarship to 4 crore Scheduled Caste students

 Indian economy saw its foreign direct investment (FDI) double to $28.1 billion in the July-September quarter from $14.06 billion in the same period last year
 

More than twenty foreign companies are set to make investments worth more than Rs 9000 crore in Uttar Pradesh 

With good forex reserves, the Reserve Bank of India has decided to diversify its investments

India will open up its space sector to private Indian entities and also encourage foreign direct investment

 Dr Reddy's Laboratories and Russian Direct Investment Fund (RDIF) have agreed to cooperate on clinical trials and distribution of Sputnik V vaccine in India
 

Addressing the US-India Business Council, Prime Minister Narendra Modi projected India as a strong investment destination

 To bring back India on fast-paced growth, PM Modi said that 5Is are needed: Intent, Inclusion, Investment, Infrastructure, Innovation
 

The government opening coal mining for the private sector would ensure better availability of coal and attract foreign investment in the sector

In a rare move, capital-starved Yes Bank was on March 5 placed under a moratorium with the RBI capping deposit withdrawals at Rs 50,000 per account for a month & superseding its board. Yes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment. RBI has assured Yes Bank depositors that their interest will be fully protected and that there is no need to panic. The regulatory actions came after SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by Prashant Kumar, an ex-chief financial officer of SBI. If you're a Yes Bank account holder, here's all you need to know.

Our main focus should be on infrastructure investment and nation-building as they will help us revive the country

With the government's recent notifications of new rules for Public Provident Fund (PPF), account holders can now reap benefits such as deposits, loans and premature closure relating to the accounts
 

Indian government plans train routes to be given out on lease for about 35 years to the qualifying players

The Organisation for Economic Co-operation and Development (OECD) on 21st November slightly cut India’s economic growth forecast for 2019 to 5.8% but said it would pick up to 6.2% in 2020 and further to 6.4% in 2021. Paris-based OECD said private investment would bounce back as capacity utilisation rises and the cost of borrowing for the corporate sector declines. According to OECD India has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit, and non-performing loans. ​​​​​​​

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