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Facing paucity of funds, state woos investments

The finance minister announced the unveiling of a new industrial policy that aims to attract investments worth ₹40 lakh crore and create 50 lakh jobs over a period of five years.

Mumbai, India - March 10, 2025:Dy CM and State Finance minister Ajit Pawar and MoS Finance Ashish Jaiswal along with other MLA's and MLC pays respect to Chattrapati Shivaji Maharaj Statue before presenting the State budget during the budget assembly session at Vidhan Bhavan, in Mumbai, India, on Monday, March 10, 2025. (Photo by Anshuman Poyrekar/ Hindustan Times) (Hindustan Times)

cities

Published on Mar 11, 2025 07:52 AM IST

ByFaisal Malik

Mauritius: All-weather friend, major trade partner

Over the past 10 years, Mauritius has become a cornerstone of India’s maritime strategy that straddles the security, economic and ecological dimensions

One of Mauritius PM Navin Ramgoolam’s first decisions upon being elected last year in November was to invite PM Narendra Modi to be the chief guest for Mauritius’s National Day on March 12 (REUTERS)

opinion

Updated on Mar 10, 2025 07:37 PM IST

By Pankaj Saran

Maharashtra retains top spot in FDI: State Economic Survey

Maharashtra tops FDI in India for 2024-25 with ₹1.13 lakh crore, yet lags in project commencement, trailing Gujarat and Odisha.

cities

Published on Mar 08, 2025 08:24 AM IST

ByFaisal Malik

Piyush Goyal holds ‘productive meeting’ with Princess Astrid of Belgium

India and Belgium to enhance collaboration in defence, infrastructure, and clean energy, as Princess Astrid leads a mission to strengthen ties.

Union minister Piyush Goyal with Princess Astrid of Belgium. (Photo from X)

business

Updated on Mar 03, 2025 03:33 PM IST

ByRajeev Jayaswal

Karnataka model of development a global blueprint: Governor Gehlot

He stated that the Karnataka model focuses on a people-centric approach to economic, social, and cultural governance.

Karnataka Governor Thaawarchand Gehlot.(ANI)

cities

Updated on Mar 03, 2025 02:47 PM IST

ByHT News Desk

Akhilesh slams Centre over allowing 100 pc FDI in insurance sector

Akhilesh Yadav opposes 100% FDI in insurance, claiming it risks stability and harms Indian policyholders, urging the government to remove premium taxes.

SP chief Akhilesh Yadav voiced his opposition to the Centre’s decision in a post on X. (HT file)

cities

Updated on Feb 27, 2025 10:47 PM IST

ByHT Correspondent, Lucknow

HT This Day: February 27, 2002 -- Parliamentary committee rejects foreign equity in print media

Among those who opposed FDI were members representing the Left parties, the Congress, and two BJP allies - the Telugu Desam and the Biju Janata Dal

india news

Published on Feb 26, 2025 02:27 PM IST

ByHT Correspondent

ED levies ₹3.44-cr penalty on BBC India for Fema violation

ED launched a FEMA probe against BBC India in April 2023, based on the findings of the Income Tax department that carried out a three-day survey at the company’s offices in Delhi and other cities

The probe agency also fined three of its directors with more than <span class='webrupee'>₹</span>1.14 crore each for overseeing the company’s operations during the period of contravention, the officials said. (PTI)

india news

Published on Feb 22, 2025 06:54 AM IST

ByHT Correspondent

General counsels’ role in corporate governance

This article is authored by CV Raghu, president and founding member, General Counsel's Association of India (GCAI).

Budget session live: Lok Sabha proceedings underway during the Budget Session of Parliament, in New Delhi on Saturday.
(ANI)

ht insight

Published on Feb 19, 2025 03:20 PM IST

ByCV Raghu

UK can be pivotal investment location for Indian growth firms

This article is authored by Alastair King, Lord Mayor of London, UK.

UK Great Britain and India national flag waving in the wind from flagpoles in front of a white mansion. (Shutterstock)

ht insight

Published on Feb 15, 2025 01:13 PM IST

ByAlastair King

Budget promise on BITs calls for five key changes

A typical BIT should balance two competing objectives: protecting foreign investments and safeguarding the state’s right to regulate in the public in

A container ship at the HHLA Container Terminal Burchardkai (CTB) at the Port of Hamburg in Hamburg, Germany, on Monday, Feb. 3, 2025. EU leaders are scrambling to avoid a trade war with the US, following Donald Trump’s threats to hit the bloc with tariffs. Photographer: Maria Feck/Bloomberg (Bloomberg)

opinion

Published on Feb 04, 2025 08:07 PM IST

ByPrabhash Ranjan

Budget: FM announces proposal to raise FDI limit in insurance sector to 100%

Nirmala Sitharaman said that the enhanced limit will be available for those companies which invest the entire premium in India.

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2025-26 in the Lok Sabha, in New Delhi, Saturday, Feb. 1, 2025. (Sansad TV)

india news

Updated on Feb 01, 2025 04:08 PM IST

ByHT News Desk

Maharashtra signs 61 MoUs worth ₹15.70 lakh crore in Davos

Maharashtra signs MoUs worth ₹15.70 lakh crore at WEF Davos, aiming to create 16 lakh jobs and develop an AI-powered "innovation city" in Navi Mumbai.

Maharashtra signs 61 MoUs worth <span class='webrupee'>₹</span>15.70 lakh crore in Davos

cities

Updated on Jan 24, 2025 08:20 AM IST

ByFaisal Malik

Maharashtra attracted 45% of country’s FDI in first six months

Fadnavis takes to social media to boast. In annual tally, state has remained on top for the last five years

cities

Updated on Jan 04, 2025 07:20 AM IST

BySurendra P Gangan

Maharashtra got 31% of India's FDI in first six months; topped for 5 years: CM

The state has consistently recorded annual FDI figures ranging between ₹1.15 lakh crore and ₹1.25 lakh crore over the last four years

cities

Published on Jan 03, 2025 12:07 PM IST

BySurendra P Gangan

Governor praises Maha’s industrial investment record

The industrial sector will attract investments worth ₹3,29,000 crore and generate 118,000 direct and indirect jobs over the next few years, he asserted

CM Devendra Fadnavis along with Neelam Gore welcomes Maharashtra Governor CP Radhakrishnan. (Anshuman Poyrekar/ Hindustan Times)

cities

Updated on Dec 10, 2024 09:18 AM IST

BySaurabha Kulshreshtha

FDI equity inflows jump 43% in July-Sept quarter

New Delhi Foreign direct investment (FDI) equity inflows to India jumped 43% to $13

The Banking, Financial Services, and Insurance (BFSI) sector has witnessed an increase in demand for office spaces, emerging as the second-largest occupier in India, (Representational photo)(Pixabay)

india news

Updated on Nov 29, 2024 06:06 AM IST

ByRajeev Jayaswal

India has become trusted, reliable partner in global supply chain: Piyush Goyal

Piyush Goyal said said the Narendra Modi government has transformed India’s economy since 2014, creating “a very welcoming environment” for investors

FILE PHOTO: Commerce minister Piyush Goyal said India is steadily developing to become a $35 trillion economy in the next 25 years from a $3.5 trillion (REUTERS)

business

Published on Nov 08, 2024 02:38 PM IST

ByRajeev Jayaswal

UP amends policy to attract FDI, Fortune-500 companies

Now, foreign companies will also be able to invest in the state which brings in investment through equity as well as loan or any other source, according to an official statement

A minimum investment of <span class='webrupee'>₹</span>100 crore is required to be made under the provisions of the policy. (Pic for representation)

cities

Updated on Nov 05, 2024 06:00 AM IST

ByHT Correspondent

Need double engine govt in Maha for investment, says Jaishankar in poll pitch

Jaishankar said the state has a long history of attracting FDI because of its investment-friendly approach, and one should look at the new possibilities.

Mumbai, India – Oct 27, 2024: Shri. Dr. S Jaishankar, External Affairs Minister will addressing media, BJP office, in Mumbai, India, on Sunday, Oct 27, 2024. (Photo by Bhushan Koyande/HT Photo)

cities

Updated on Oct 28, 2024 04:55 AM IST

BySurendra P Gangan

Soft landing of global economy is increasingly a possibility: Sitharaman

A soft-landing of the global economy, which has experienced huge stress over the past several years is a possibility, Finance Minister Nirmala Sitharaman said

Observing that better days are ahead primarily because of the coordinated action between countries and multilateral financial institutions, the finance minister at the same time sounded a note of caution that economies are not really picking up that much yet(PTI)

business

Published on Oct 26, 2024 07:28 AM IST

PTI |

German delegation meets Haryana CM Nayab Singh Saini

The discussions focused on exploring collaborations in critical sectors such as automotive, pharmaceuticals, education, skill development, research and development (R and D), and climate change.

Haryana chief minister Nayab Singh Saini hosted a high-level delegation from Germany at his official residence on Friday. (HT File)

cities

Updated on Oct 24, 2024 09:44 AM IST

ByHT Correspondent, Chandigarh

India to retain investment curbs on border nations

INDIA-CHINA-INVESTMENT:India to retain investment curbs on border nations

india news

Published on Oct 23, 2024 10:09 AM IST

Reuters |

Mahayuti releases report card, says government has money to fund welfare schemes

The release of the so-called report card comes days after the MVA released a “Gaddarancha Panchnama” (charge sheet of traitors), which listed various alleged scams related to the Mahayuti and detailed the ruling alliance’s alleged rate card to buy MLAs and corporators

Mumbai, India. Oct 16, 2024: The Mahayuti government, led by Chief Minister Eknath Shinde, along with Deputy Chief Minister Devendra Fadnavis and Ajit Pawar, released its report card during a joint press conference in Mumbai. They showcased the development activities carried out by the government over the last two years. Mumbai, India. Cot, 16, 2024. (Photo by Raju Shinde/HT Photo) (Hindustan Times)

cities

Updated on Oct 17, 2024 08:20 AM IST

BySurendra P Gangan

Mahayuti releases report card, touts achievements and criticises opposition

The document highlights infrastructure projects, investments, and welfare schemes launched by the government

Maharashtra Chief Minister Eknath Shinde with State Deputy Chief Ministers Devendra Fadnavis and Ajit Pawar.(ANI)

cities

Published on Oct 16, 2024 01:15 PM IST

BySurendra P Gangan

In Vietnam’s resilience, a lesson for India’s economy

Vietnam is dealing with its own maladies. But India can, nonetheless, take inspiration from Vietnam’s giant leap forward.

Ho Chi Minh, Vietnam: Ho Chi Minh has a rich and varied coffee culture, with many areas coining their own delicacies including ‘cà phê trúng’, or egg coffee. Expect to see the city’s avenues dotted with upscale coffee shops and traditional spots where locals and tourists alike sit on stools that line the streets.(Unsplash)

opinion

Published on Oct 06, 2024 11:53 PM IST

ByShashi Shekhar

Sheinbaum sworn in as Mexico's first female president, vows 'it is time for women'

MEXICO-POLITICS/ (UPDATE 2, TV, PIX):UPDATE 2-Sheinbaum sworn in as Mexico's first female president, vows 'it is time for women'

world news

Published on Oct 02, 2024 01:41 AM IST

Reuters |

UK defence a key partner for Viksit Bharat 2047

This article is authored by Richard McCallum, Group CEO, UK-India Business Council.

Britain's Prime Minister Keir Starmer speaks during the 79th Session of the United Nations General Assembly at the United Nations headquarters in New York City on September 26, 2024. (AFP)

ht insight

Published on Sep 27, 2024 12:15 PM IST

ByRichard McCallum

India ‘best alternative’ for resilient supply chains: Modi to Singapore CEOs

India has intensified efforts to forge supply and value chains with trusted partners in Asia and Europe, largely as part of efforts to move away from China.

Prime Minister Narendra Modi and Singapore PM Lawrence Wong (extreme right) witness the exchange of an MoU between the two countries on Thursday. (ANI Photo)

india news

Updated on Sep 05, 2024 08:34 PM IST

ByRezaul H Laskar

India, Singapore announce agreements on semiconductors, healthcare

PM Narendra Modi arrived in Singapore on Wednesday on the second leg of a two-nation Southeast Asian tour

The MoU on a semiconductor ecosystem partnership envisages cooperation to support India’s growing semiconductor industry. (@LawrenceWongST | Official X account)

india news

Updated on Sep 05, 2024 10:46 AM IST

ByRezaul H Laskar

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foreign direct investment news

Latest from foreign direct investment

The finance minister announced the unveiling of a new industrial policy that aims to attract investments worth ₹40 lakh crore and create 50 lakh jobs over a period of five years.

Over the past 10 years, Mauritius has become a cornerstone of India’s maritime strategy that straddles the security, economic and ecological dimensions

Maharashtra tops FDI in India for 2024-25 with ₹1.13 lakh crore, yet lags in project commencement, trailing Gujarat and Odisha.

India and Belgium to enhance collaboration in defence, infrastructure, and clean energy, as Princess Astrid leads a mission to strengthen ties.

He stated that the Karnataka model focuses on a people-centric approach to economic, social, and cultural governance.

Akhilesh Yadav opposes 100% FDI in insurance, claiming it risks stability and harms Indian policyholders, urging the government to remove premium taxes.

Among those who opposed FDI were members representing the Left parties, the Congress, and two BJP allies - the Telugu Desam and the Biju Janata Dal

ED launched a FEMA probe against BBC India in April 2023, based on the findings of the Income Tax department that carried out a three-day survey at the company’s offices in Delhi and other cities

This article is authored by CV Raghu, president and founding member, General Counsel's Association of India (GCAI).

This article is authored by Alastair King, Lord Mayor of London, UK.

A typical BIT should balance two competing objectives: protecting foreign investments and safeguarding the state’s right to regulate in the public in

Nirmala Sitharaman said that the enhanced limit will be available for those companies which invest the entire premium in India.

Maharashtra signs MoUs worth ₹15.70 lakh crore at WEF Davos, aiming to create 16 lakh jobs and develop an AI-powered "innovation city" in Navi Mumbai.

Fadnavis takes to social media to boast. In annual tally, state has remained on top for the last five years

The state has consistently recorded annual FDI figures ranging between ₹1.15 lakh crore and ₹1.25 lakh crore over the last four years

The industrial sector will attract investments worth ₹3,29,000 crore and generate 118,000 direct and indirect jobs over the next few years, he asserted

New Delhi Foreign direct investment (FDI) equity inflows to India jumped 43% to $13

Piyush Goyal said said the Narendra Modi government has transformed India’s economy since 2014, creating “a very welcoming environment” for investors

Now, foreign companies will also be able to invest in the state which brings in investment through equity as well as loan or any other source, according to an official statement

Jaishankar said the state has a long history of attracting FDI because of its investment-friendly approach, and one should look at the new possibilities.

A soft-landing of the global economy, which has experienced huge stress over the past several years is a possibility, Finance Minister Nirmala Sitharaman said

The discussions focused on exploring collaborations in critical sectors such as automotive, pharmaceuticals, education, skill development, research and development (R and D), and climate change.

INDIA-CHINA-INVESTMENT:India to retain investment curbs on border nations

The release of the so-called report card comes days after the MVA released a “Gaddarancha Panchnama” (charge sheet of traitors), which listed various alleged scams related to the Mahayuti and detailed the ruling alliance’s alleged rate card to buy MLAs and corporators

The document highlights infrastructure projects, investments, and welfare schemes launched by the government

Vietnam is dealing with its own maladies. But India can, nonetheless, take inspiration from Vietnam’s giant leap forward.

MEXICO-POLITICS/ (UPDATE 2, TV, PIX):UPDATE 2-Sheinbaum sworn in as Mexico's first female president, vows 'it is time for women'

This article is authored by Richard McCallum, Group CEO, UK-India Business Council.

India has intensified efforts to forge supply and value chains with trusted partners in Asia and Europe, largely as part of efforts to move away from China.

PM Narendra Modi arrived in Singapore on Wednesday on the second leg of a two-nation Southeast Asian tour

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