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Air India-Vistara merger in progress; awaiting regulatory approvals

The merger of Vistara with Air India is under a deal wherein Singapore Airlines will acquire a 25.1 per cent stake in Air India.

A Vistara passenger aircraft taxis on the tarmac at Chhatrapati Shivaji International Airport in Mumbai, India.
Published on Feb 21, 2024 08:45 AM IST

Budget focus on BITs is good for the Indian economy

BITs and ISDS are significant because they constitute an integral part of the international legal infrastructure regulating the global economy.

FDI inflows depend on a variety of dynamics
Published on Feb 05, 2024 09:50 PM IST

India will be $30 trillion economy by 2047, says Sitharaman at Gujarat summit

The Union finance minister said Gujarat has 5% of India’s population, but it contributes 8.5% to its GDP

Union finance minister Nirmala Sitharaman addresses the audience at the seminar of the Vibrant Gujarat Global Summit 2024, in Gandhinagar on Wednesday (ANI)
Updated on Jan 11, 2024 08:20 AM IST
ByRajeev Jayaswal, New Delhi

Karnataka sees 46 per cent dip in FDI in first half of current fiscal

Start-up funding activity in Karnataka dropped by around 80 per cent (USD 2.8 billion), decreasing from USD 3.4 billion in Q1FY23 to USD 0.6 billion in Q1FY24.

Karnataka has seen a sharp decline in funding for start-ups, especially in Bengaluru.
Published on Dec 15, 2023 01:45 PM IST
PTI | | Posted by Yamini C S

Foreign investors prefer Maharashtra: Samant

Maharashtra remains the top destination for foreign direct investment (FDI) in India, attracting investments worth ₹28,868 crore in the last three months, according to Uday Samant, the state's industries minister. Samant also highlighted an anticipated investment of around ₹35,000 crore in the Raigad district. The state government is pleased with Maharashtra's robust business environment and its ability to acquire land for investment projects.

Mumbai, India - January 06, 2023: Union Minister Nitin Gadkari along with Education Minister Deepak Kesarkar and Maharashtra Industries Minister Uday Samant during the All-India Marathi Literary Conference 2023, at Worli, in Mumbai, India, on Friday, January 06, 2023. (Photo by Bhushan Koyande/HT Photo) (HT PHOTO)
Updated on Dec 15, 2023 07:28 AM IST
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