Investment

The capital city led the country in attracting foreign direct investment (FDI) in the first four months of this year, with $4.75 billion, or 30.6 per cent of the total capital poured into the Vietnamese economy, the Hà Nội Mới (New Hà Nội) newspaper reported. … [Read more...] about Hà Nội hopes to attract $38.3 mln of investment in H1

Bonds have much more money invested in them worldwide than in equities, but don’t get the column inches they deserve. That’s because bond returns don’t appear as spectacular as those in stocks, but in stressful times, they are good bets - more so if state backed. So, the latest Bharat Bond ETF issue will likely draw investors, who should earn 150 basis points more than the yields on existing tax-free debt. Set to be launched in July, the latest Bharat Bond ETF series aims to raise Rs 14,000 crore. This tranche of mutual fund units, tapping into retail savings, is estimated to yield a tax-free return of 6.21% for people in the marginal tax bracket. Those returns easily outpace the gains from existing tax-free bonds in the secondary market, perhaps by more than 150 basis points. So, these are cool bets for high net worth individuals shifting funds from risky assets. Tax Free Bonds (AAA) are now trading at 4.65% yield-to-maturity, a gauge used to measure returns on … [Read more...] about Should you invest in Bharat Bond ETF?

New Delhi: National investment promotion and facilitation agency Invest India has held a virtual panel discussion for global investors by bringing together policymakers from the Centre and state governments as well as private sector players, an official statement said on Friday. The discussion focused on emerging trends and opportunities in the electronics system design and manufacturing sector. During the discussion, Ajay Prakash Sawhney, secretary in the Ministry of Electronics and Information Technology, highlighted the various initiatives undertaken by the government, including the production linked incentive scheme and scheme for promotion of manufacturing of electronic components and semiconductors. Companies that attended the webinar included Apple, Hewlett Packard, Intel, Samsung and LG. Contract manufacturers and assemblers such as Foxconn, Jabil and Flex too participated in the discussion, the statement by the commerce and industry ministry said. Ministers and senior … [Read more...] about Invest India holds virtual panel discussion for global investors

By Sanjeev Sanyal The prime minister has set out a clear vision for a $5 trillion economy by 2024-25, a nominal GDP of Rs 375 lakh crore. In turn, this requires sustaining a real GDP growth rate of 8% a year. What are the ingredients of a model that can generate such growth? The overwhelming evidence, especially from East Asia, is that such high growth rates have only been sustained by an economic model driven by a virtuous cycle of savings, investment and exports supported by a favourable demographic phase. As discussed in the latest Economic Survey, India has already entered a period with a high share of workingage population, & will remain in this ‘demographic dividend’ phase for over two decades. However, favourable demographics is not sufficient. Broth for Growth Cross-country data shows that sustained high growth has always been driven by investment. Indeed, a GDP growth rate of 8% will typically require an investment effort in excess of 35% of GDP. … [Read more...] about View: Improving legal system is the best investment India can make

NEW DELHI: Singapore was the top source of foreign direct investment into India for the second consecutive financial year, accounting for about 30 per cent of FDI inflows in 2019-20. In the past two financial years, FDI from Singapore has surpassed that from Mauritius. In the last financial year, India attracted USD 14.67 billion in FDI from Singapore, whereas it was USD 8.24 billion from Mauritius, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT). In 2018-19, Singapore's FDI aggregated at USD 16.22 billion, while that from Mauritius it was USD 8.08 billion. According to experts, Singapore has been able to outpace Mauritius with its ease of doing business policies, simplified tax regime and a large number of private investors. "Mauritius was once seen as a tax haven making it the most favoured nation for routing investments in India. April 2017 brought key amendments to the bilateral treaties with Mauritius and Singapore which … [Read more...] about Singapore top source of FDI in FY20 with investments worth USD 14.67 bn