Author: Sashank Nori 2015-16 fiscal year is about to come to an end. This is the time when we review our pay slips – we see a lot of taxes levied on our income. We’ve been paying taxes for each and every stuff which we buy /sell/rent/mortgage, etc.… and an ...
Read More »Assocham declares Odisha third most preferred investment destination in India
Odisha is the third most preferred investment destination in the country after Maharashtra and Gujarat, industry body Assocham said. The state has registered a positive growth both in manufacturing and services sectors. “With a share of over 7 percent, Odisha has attracted outstanding investments worth about Rs.12 lakh crore out ...
Read More »Chhattisgarh govt inks MoUs worth Rs 1093-crore
The Chhattisgarh government has inked 11 MoUs worth Rs 968 crore for manufacturing electronic components at the Electronic Manufacturing Cluster being developed at Naya Raipur, the upcoming capital city of the state. Another MoU of Rs 125 crore was signed in food processing sector for establishment of cold chain in the state. The ...
Read More »Rajasthan govt inks 13 MoUs worth Rs, 1.5 lakh crore
In the run up to the Resurgent Rajasthan Partnership Summit, agreements worth over Rs 1.5 lakh crore have been signed with companies from solar, mining, textiles and petroleum sectors, as the state gears up to become a major investment destination. Minister of State for Power, Coal and Renewable Energy, Shri ...
Read More »Andhra Pradesh has a new capital, Amaravati
Prime Minister Narendra Modi laid the foundation stone for Amravati, the new capital city of Andhra Pradesh. Pitched as a world-class riverfront capital city, Amaravati will be an energy-efficient and green city with concentration on industrial hubs. Amaravati will be a benchmark for the development of new cities and implementation ...
Read More »India can help us strengthen defence, anti-terrorism: Namibian envoy Pius Dunaiski
The Republic of Namibia is a vast, sparsely populated country situated along the south Atlantic coast. In 2014, it bought 3,400 Indian-made electronic voting machines (EVMs) at a cost of Namibian $10 million. Namibian High Commissioner to India, Pius Dunaiski, said that to boost the country’s defence system, they wanted ...
Read More »AP to come up with first national investment and manufacturing zone
Andhra Pradesh is set to house India’s first national investment and manufacturing zone after the state assured the Centre of availability of 10 sq km of land in one place in Prakasham district. The NIMZ will comprise a special purpose vehicle and a developer, along with the state and the ...
Read More »Tamil Nadu attracts over Rs. 2 lakh cr. investments
Nearly Rs. 2,42,160-crore worth investments were finalised at the Tamil Nadu Global Investors Meet, more than double of the Rs. 1 lakh crore targeted by the government, Chief Minister Jayalalithaa said. The government would come out with policies for textiles, micro, small and medium enterprises, IT and ITES, electronics, aerospace ...
Read More »Andhra Pradesh gives approvals to over 1,200 industries
News: Through the Single Desk system, the state was able to garner a combined investment of Rs 9,500 crore. According to the industries department, about 72 large and mega projects and 44 medium projects have received the necessary approvals through the Single Desk system so far. Source: BS
Read More »Government announces highway projects worth $93 billion to woo investors
News: National Highways Building Project (NHDP) is government’s flagship road building programme which envisages development of existing National Highways (NHs) into world-class roads in different phases. India has the world’s second-largest road network at 4.80 million kms and NHs comprise 2 per cent of total road network bearing 40 per ...
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