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.
After Kanpur, there is a conspiracy to overturn a train in Ajmer! Heavy stones were placed on the railway track; goods trains collided
Ajmer Train Conspiracy After Kanpur in UP, now a case of conspiracy to overturn a train has come to light in Rajasthan. Heavy cement blocks have been found on the railway track in Ajmer, Rajasthan.
Patna University: Police raid in Patna University hostel, bomb making material recovered
Patna Police conducted raids in various hostels of Patna University last night. During this, the police recovered bomb-making material from the room of Patel's hostel. However, as soon as the news of
Maharashtra government approached SC against the release of Mumbai train blast accused. Hearing will be held on July 24
The Maharashtra government has approached the Supreme Court in the case of the 2006 horrific train blasts in Mumbai. The government has challenged the decision of the Bombay High Court in the Supreme
Kanjhawala Case: 'We are in the process of imposing section 302', police revealed in court in the Kanjhawala case
A hearing on the bail plea of Ashutosh Bhardwaj, accused in Delhi's Kanjhawala hit and drag case, was held in Rohini court on Monday (January 16). The court has reserved the verdict on the bail plea
Weather Update: There may be rain in Delhi tomorrow, UP-Haryana and Punjab will also get relief from the heat
There is relief news for the people of Delhi, Punjab, Haryana, and Uttar Pradesh facing the heat of summer. RK Jenamani, the Senior Scientist of the Indian Meteorological Department, says that the
IND vs SL: Akshar left behind Jadeja-Karthik and Dhoni in this matter, made a record by batting at number seven
Sri Lanka defeated India by 16 runs in the second T20 to level the three-match series at 1-1. In this match, Sri Lanka set a huge target of 207 runs in front of India. In response, Team India lost
Jadeja became Superman twice in 4 balls: Livingstone caught at a distance of 1 inch from the boundary, then slide, and Butler out
Ravindra Jadeja won everyone's heart with his fielding in the third ODI between India and England played in Manchester on Sunday. He once again proved why he is the best fielder in the world. Jadeja
PM Modi: Prime Minister Modi will visit three states and will release 21 thousand crores of Kisan Samman Nidhi tomorrow
Prime Minister Narendra Modi will visit Vikram Sarabhai Space Center (VSSC) in Thiruvananthapuram, Kerala on Tuesday. This will be a boost to the Prime Minister's vision of bringing about reforms and
Cyber Fraud In Madhya Pradesh: Mobile company and the bank found guilty in a fraud case, had to pay damages along with interest
A case of cyber fraud has come to light in Madhya Pradesh. In this case, the victim of fraud neither shared his OTP nor did any online negligence, yet the fraudsters took away Rs 2.92 lakh from his
'Today will be written in golden letters,' Piyush Goyal listed the benefits of the India-US trade deal.
India and the US have presented a framework for an interim trade agreement. This is a crucial part of the trade deal between the two countries. Commerce Minister Piyush Goyal said that the deal was
