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Let Government Staff’s Pension Funds To Invest 50% In Equities: PF Body

   Hyderabad: The pensions fund regulator PFRDA wants government to more than treble investment levels in equity markets by government subscribers under the National Pension System (NPS) up to 50 per cent from 15 per cent now. The regulator has sent a proposal to government seeking to allow government subscribers (state and Central government employees) invest up to 50 per cent in equities under the NPS, Pension Fund Regulatory and Development Authority chairman Hemanth Contractor said here on Thursday. The authority manages about Rs. 1.70 trillion of funds belonging to…

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BSE To auction funding Limits For Rs 4,046-Crore authorities Bonds

New Delhi: leading stock alternate BSE will on Monday public sale funding limits for remote places buyers for the purchase of government debt securities really worth Rs 4,046 crore. The public sale will be conducted on BSE’s ‘e-bidxchange’ platform from three:30 p.m. to 5:30 p.m., after the close of market hours. The debt auction quota offers foreign places traders the proper to make investments in the debt, as much as the restrict purchased. “stay bidding consultation for allocation of debt investment limits for FII (overseas institutional buyers)/FPI (overseas portfolio traders)/sub…

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government keen On Joint improvement Of Oil, gasoline Blocks In Qatar

Doha: The Indian authorities on Sunday evinced hobby in joint exploration of latest oil and fuel fields as well improvement of located property in electricity rich Qatar. It additionally invited the Gulf nation to invest in the usa’s exploration and production region through bidding for the blocks beneath the new Hydrocarbon Exploration and Licensing coverage and participate in disinvestment of Indian public area undertakings (PSUs). besides, a memorandum of knowledge (MoU) became signed with Qatar funding Authority for facilitating Qatari funding inside the Rs 40,000-crore country wide investment and Infrastructure…

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government To broaden 6 Bulk drugs, medical gadgets Parks

New Delhi: To lessen import dependence, the authorities has determined to establish six bulk drug and scientific gadgets parks, so that you can entail a blended investment of Rs 60,000 crore. “The government has decided to establish three bulk tablets and three medical gadgets parks across the us of a. those parks will require an funding of about Rs 60,000 crore,” Fertiliser Minister Ananth Kumar informed PTI. As according to various estimates, as soon as those parks come to be operational, they could deliver down the fee of manufacturing of…

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BlackRock’s $2.5 Billion Sale: sign Of existence For Singapore’s workplace market

Singapore: BlackRock Inc said it might promote a forty three-storey Singapore workplace tower for $2.five billion – certainly one of at the least 3 workplace building deals in the last months for a market gripped by way of worries approximately oversupply and rising vacancies. The sale to Qatar investment Authority, a sovereign wealth fund, is Singapore’s biggest workplace transaction. it is also the largest unmarried-tower actual estate deal in Asia-Pacific, according to BlackRock, the world’s biggest asset manager. The selling rate of S$2,seven hundred ($1,980) in step with square foot…

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FDI Inflows Into India Rise 37% in 2015

New Delhi: Foreign direct investment (FDI) into the country increased 37 per cent to $39.32 billion during 2015. The foreign investment inflows stood at $28.78 billion in 2014, according to data by the Department of Industrial Policy and Promotion (DIPP). The computer hardware and software sector attracted the highest FDI, followed by services, trading business, automobiles and chemicals. Singapore emerged as the biggest FDI source, followed by Mauritius, US, Netherlands and Japan. The government has taken several steps to promote investments through a liberal FDI policy. It has relaxed norms in several sectors, including single brand retail, e-commerce and…

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