Hi Dear All,
Growth to pick up in 2013-14, room for more FDI: Chidambaram.
Please make note of the above statement. We have a lot of relation with this type of statements. Do you want to know how? Join as a member.
We would like to mention few points here.
1. India's economy is capable of absorbing $50 billion in foreign direct investment per year, Finance Minister P. Chidambaram said on Monday, adding that the government is committed to reforms to tackle a large current account deficit.
2. India is the Asia's third-largest economy
3. India's financial account, which includes foreign direct investment, portfolio investment and overseas borrowing by Indian companies, showed a surplus of $31.1 billion in the December quarter for the fiscal year ended March 31.
4. A new trade policy will be announced in about three or four days.
5. The current account deficit widened to a record high 6.7 percent of GDP in the December quarter, driven by heavy oil and gold imports and muted exports, in a worse-than-expected performance that will keep the rupee currency under pressure.
6. The government has previously said it plans to open up the pensions sector to foreign investors, and raise the investment limit in the insurance sector to 49 percent from 26 percent.
Can anybody guess the relationship between our markets and making money????????????/
Growth to pick up in 2013-14, room for more FDI: Chidambaram.
Please make note of the above statement. We have a lot of relation with this type of statements. Do you want to know how? Join as a member.
We would like to mention few points here.
1. India's economy is capable of absorbing $50 billion in foreign direct investment per year, Finance Minister P. Chidambaram said on Monday, adding that the government is committed to reforms to tackle a large current account deficit.
2. India is the Asia's third-largest economy
3. India's financial account, which includes foreign direct investment, portfolio investment and overseas borrowing by Indian companies, showed a surplus of $31.1 billion in the December quarter for the fiscal year ended March 31.
4. A new trade policy will be announced in about three or four days.
5. The current account deficit widened to a record high 6.7 percent of GDP in the December quarter, driven by heavy oil and gold imports and muted exports, in a worse-than-expected performance that will keep the rupee currency under pressure.
6. The government has previously said it plans to open up the pensions sector to foreign investors, and raise the investment limit in the insurance sector to 49 percent from 26 percent.
Can anybody guess the relationship between our markets and making money????????????/
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