Finance Minister Nirmala Sitharaman has invited global investors to be a part of India's growth story. Addressing the Business Roundtable meeting organized by the US-India Business Council and CII in the US, Sitharaman said that despite all the disruptions, India will be the fastest-growing country in the world in the year 2023 and this pace of development will continue even further. Will continue On his call, the world's big investors and entrepreneurs present there assured him of investment.
In the conversation with the Finance Minister regarding investment, entrepreneurs mainly related to clean energy, semiconductor, green steel, waste to energy, and carbon capture sectors showed investment interest. The Finance Minister has gone to America to attend the World Bank and IMF meeting. Speaking on the occasion Himanshu Saxena, CEO, of Starwood Energy said that we are ready to participate in the next phase of India's development. Bloom Energy CEO KR Sridhar said that America is ready to work for energy security in India with its advanced technology. Semiconductor sector entrepreneurs also showed interest in investment and technology partnerships in India.
It is organizing a three-day global conference on semiconductor manufacturing in Bengaluru from April 29, in which several US companies related to semiconductors are participating. America can play an important role in semiconductor manufacturing in India. In such a situation, meeting with entrepreneurs of the semiconductor sector with Sitharaman in the Silicon Valley of America is considered very important.
Also asked to invest in the financial sector
The Finance Minister asked the entrepreneurs of Silicon Valley there for technology partnership and investment with India in the financial sector as well. He said that the FinTech sector is growing rapidly in India and this partnership will further strengthen financial inclusion. After the roundtable meeting, the Finance Minister also met with many CEOs of global companies. These include Uber CEO Dara Khostrovshahi, First Solar's CE Mark Widmer, and Western Digital's Senior Vice President Dan Steer. The CEO of First Solar said that soon his Indian plant will come into operation, which will be a very low-cost factory. First Solar has invested $700 million in India.
Demand to allow NRI OCI to invest in Indian stock markets
FIIDS, a premier body of overseas Indians, on Monday asked Finance Minister Nirmala Sitharaman to allow Overseas Indians (NRIs) and Overseas Citizen of India (OCI) cardholders to invest in Indian stock markets.
The Foundation for India and Indian Diaspora Studies (FIIDS), US, said such a move would further boost the Indian economy through investments from the global Indian community. FIIDS is a US-based organization that works to promote Indo-US relations. FIIDS, in its memorandum to Sitharaman, said in a recent survey, that 88 percent of the overseas Indian community supported the move. The institute also urged for an extension of the Double Taxation Avoidance Agreement (DTAA) to avoid paying tax in the US on income generated in India.
AAP made a big change in the organization: Manish Sisodia made in-charge of Punjab, Saurabh Bhardwaj became Delhi president
Aam Aadmi Party's Political Affairs Committee (PAC) meeting was held. In this, a decision was taken to strengthen the organization. It was agreed to appoint in-charges in four states. Gopal Rai has
Pune bandh in protest against remarks on Chhatrapati Shivaji: All shops, medical stores, and petrol pumps will remain open till 3 pm
The all-religious Shivpremi Punekar, along with the Maratha organization Sambhaji Brigade, several organizations, and opposition parties, observed a Pune bandh on Tuesday. During this, a silent march
Sikandar VS Pushpa1: Sikandar wiped out Allu Arjun's Pushpa, and broke this record on Wednesday
No matter how much struggle Salman Khan faced in his film career in the beginning, but now he has reached that level of stardom where the film business of more than 100 crores on his name alone. The
COVID-19 Cases Updates: Active cases of coronavirus crossed 6 thousand across the country, with 769 cases reported in the last 24 hours
In the last 48 hours, 769 new cases of coronavirus (Covid-19 Cases Updates) were reported in the country. With this, the number of patients under treatment crossed six thousand. In this regard, the
Gaza: 'It would be a misunderstanding to make any plans for Gaza without us after the war', Hamas chief warns Israel
Israeli Prime Minister Benjamin Netanyahu issued a statement not allowing those who support terrorism and provide financial support to enter Gaza. A day after his statement, Hamas chief Ismail Haniyeh
Adani became the world's second richest man in 17 days: Now Elon Musk ahead of him, Gautam's net worth Rs 12.34 lakh crore; Ambani at number 8
Indian billionaire Gautam Adani has become the second richest businessman in the world with a net worth of $ 154.7 billion (about Rs 12.34 lakh crore). According to the Forbes Real Time Billionaires
xAI: Musk launches artificial intelligence company; Said- will try to understand the real nature of the universe
Twitter owner Elon Musk has launched his artificial intelligence company xAI. Regarding this, he said that with this we will try to understand the real nature of the universe. The company said in a
Khalistan: Trudeau failed to provide evidence, on this basis Canada accused India of being involved in the murder of Nijjar.
Canada has accused India of involvement in the murder of Khalistani terrorist Hardeep Singh Nijjar. However, Canada has failed to provide the necessary evidence in this case. Amidst all this, it is
IT Raid: Raids on 25 locations, including former fund manager, over 55 crore undeclared assets seized
The Income Tax Department has seized over Rs 55 crore of undeclared assets by raiding the premises of the former fund manager of Axis Mutual Fund, some stock brokers, and others. Evidence of large
Hearing of Gyanvapi case today: Whether Shringar-Gauri's case is worth hearing or not, will be decided, the former Mahant of Vishwanath temple gave up food
The hearing of the Maa Shringar Gauri-Gyanvapi case of Varanasi will be held on Thursday in the court of District Judge Dr. Ajay Krishna Vishwesh. According to the order of the Supreme Court, the
