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.
OnePlus Nord 3 5G: Launched with 80W fast charge, 5000mAh battery, and 50MP camera, know the price and features
OnePlus has launched two affordable phones OnePlus Nord 3 5G and OnePlus Nord CE 3 5G and wireless earbuds Nord Buds 2r in India. The company's OnePlus Nord 3 5G was waiting for a long time in India.
More than 200 air travelers found corona infected: Health Minister Mansukh Mandaviya
Union Health Minister Mansukh Mandaviya said on Wednesday that during random sampling at international airports, more than 200 air passengers were found to be Corona positive. BF.7 variants have been
Prime Minister Modi: India is not hesitant to take independent policy under Modi's leadership: JP Nadda
Under the leadership of Prime Minister Modi, India has changed in the last nine years and now he is not hesitant to take its independent stance on any issue. India's trend in Russia and Ukraine Wars
First death in the country due to monkeypox: Virus found in second investigation report of Kerala youth, 20 people quarantined
Scary facts have come to the fore in the death of a young man suspected of monkeypox in Thrissur, Kerala. After the death of the young man, his investigation report has come out. According to sources,
ECI Voter List Bihar: Whose use is the list of 65 lakh voters removed? Claims and objections unaffected in special intensive revision
The Election Commission of India, which is busy preparing for the Bihar assembly elections, is on the target of the opposition. During the special intensive revision of voters in Bihar, the opposition
Maharashtra: Mumbai Police issues notice regarding 'International Traitor Day', warns Shiv Sena-NCP
Today is a special day in the politics of Maharashtra. In fact, on June 20 last year, under the leadership of Eknath Shinde, 40 MLAs rebelled against the Uddhav Thackeray government. Shiv Sena has
Plot to attack Trump again? Police killed a knife-wielding man outside the convention center, AK-47 was recovered.
Recently, former US President Donald Trump was shot. After this, Trump has gone to Milwaukee to attend the Republican National Convention. Now a case of five police officers shooting a man from the
Bihar Caste Census: The economic census report has not come, CM Nitish Kumar said when it will come, then what will we do?
The report of the socio-economic survey that Chief Minister Nitish Kumar's government had talked about conducting in the Supreme Court will come after one and a half months. This report will be
'Hey Devendra Fadnavis, remember me...', tiff begins in Maharashtra elections, Owaisi hits back at Deputy CM's statement.
The war of words has intensified in the campaign for the assembly elections in Maharashtra. Meanwhile, AIMIM president and Hyderabad MP Asaduddin Owaisi has hit back at BJP leader and Deputy Chief
Weather Report Today: It will rain in these areas today, the humidity is haunting here, know the weather condition
The wait for monsoon in North and West India has become longer. With several weather systems being active, there is a possibility of good rainfall in the next one or two days. Light rain is expected
