Tag: nicct

The meaning of India’s second IT boom

The meaning of India’s second IT boom Compass, the Silicon Valley-based startup monitoring agency, just released its report: The global start-up ecosystem ranking 2015 , and we have every reason to be proud. The report ranks Bengaluru at 15, four places above its 2012 ranking.Bengaluru’s inflow of venture capital in 2014 amounted to approximately $2.25 billion, ranking […]

States drag their feet on FDI guidelines for e-commerce

States drag their feet on FDI guidelines for e-commerce The Centre’s efforts to frame guidelines for foreign direct investment (FDI) in the e-commerce sector and create a level playing field between online and off-line retail following orders from the Delhi High Court is yet to generate response from States.Not a single State has submitted its […]

Centre approves 23 FDI proposals

Centre approves 23 FDI proposals worth ₹10,378 cr The government has approved 23 proposals for foreign direct investment (FDI) worth ₹10,378.92 crore.This includes 12 from pharmaceutical majors such as Glaxo, Novartis, Mylan and Natco.The approvals were given based on recommendations by the Foreign Investment Promotion Board (FIPB) in its meeting on July 13.Thirteen proposals, including […]

Industrial output grows by 3.8 per cent in June

Industrial output grows by 3.8 per cent in June In what should cheer consumers and investors alike, consumer price index (CPI) inflation slowed to 3.8 per cent in July from 5.4 per cent in June while factory data showed an uptick in July.The CPI inflation figure was lower than the 4.5 per cent predicted by […]

Natural gas supply growing much faster than demand

Natural gas supply growing much faster than demand The shortfall of natural gas in the country is set to widen over the next couple of years and then stabilise by 2017-18, according to data presented by the Minister of Petroleum and Natural Gas Dharmendra Pradhan to Parliament during the ongoing session. According to the Minister, India’s […]

Telanga eyes 12,000 acres of Special Economic Zones

Telangana eyes 12,000 acres of Special Economic Zones The Telangana government has sought cancellation of “SEZ status” to 20 Special Economic Zones that failed to commence operations even after allotment of thousands of acres of land more than five years ago.Most of the SEZs are located in neighbouring districts of Hyderabad, namely Ranga Reddy, Mahbubnagar, […]

High Growth Markets Magazine – The Annual Outlook Issue

What’s next for High Growth markets?   A look into the issues facing the emerging global economies over the coming years.   KPMG High Growth Markets magazine – The annual Outlook issue (What’s next for the High Growth Markets)(July 2015)

India received $ 24 billion in FDI from EU in last 3 years

NEW DELHI: Despite the Free Trade Agreement talks with the European Union being in limbo, India has received an impressive $24 billion in foreign direct investment from the 28-nation bloc over the last three years.   As per official figures, India received $6.23 billion in FDI equity inflows from EU in 2012-13 which increased to […]

Achievements of the NICCT

Below you can read the speech of Mr. R.L. Lakhina, June 26, 2015 – Kasteel De Wittenburg, Wassenaar, Leadership Transition Dinner Program.   “I am delighted to have this opportunity to speak to you concerning the achievements of the Netherlands India Chamber of Commerce and Trade (NICCT). This subject is very dear to my heart […]