• Related news
Prabhu asks global funds to invest in Indian startups to get ‘huge return’

Prabhu asks global funds to invest in Indian startups to get ‘huge return’

07.12.2018
Banks stung by Q4 market volatility

Banks stung by Q4 market volatility

23.02.2019
UOB’s net profit, revenue hit record S$4.01b and S$9.12b in 2018

UOB’s net profit, revenue hit record S$4.01b and S$9.12b in 2018

23.02.2019
Have to blend good governance with clever politics, says Arun Jaitley

Have to blend good governance with clever politics, says Arun Jaitley

22.02.2019
Business remain slow at India-Asean Expo despite bilateral bonhomie

Business remain slow at India-Asean Expo despite bilateral bonhomie

22.02.2019
West Bengal FM Amit Mitra wants 1% GST rate for houses up to Rs 40 lakh

West Bengal FM Amit Mitra wants 1% GST rate for houses up to Rs 40 lakh

22.02.2019
Shriram Transport to raise Rs 5k cr in Q4 by securitisation of loans

Shriram Transport to raise Rs 5k cr in Q4 by securitisation of loans

22.02.2019
Rate cuts possible in April, inflation may remain low in 1 year: Economists

Rate cuts possible in April, inflation may remain low in 1 year: Economists

22.02.2019
Odisha bars input credit under GST for firms maintaining staff guesthouses

Odisha bars input credit under GST for firms maintaining staff guesthouses

22.02.2019
Strict action if cane dues not settled by Feb 28, UP govt warns sugar mills

Strict action if cane dues not settled by Feb 28, UP govt warns sugar mills

22.02.2019
UP hits top gear to acquire land for Rs 14,700-cr Bundelkhand Expressway

UP hits top gear to acquire land for Rs 14,700-cr Bundelkhand Expressway

22.02.2019
Coinbase CEO: Defunct Exchange QuadrigaCX Likely Did Not Plan Exit Scam

Coinbase CEO: Defunct Exchange QuadrigaCX Likely Did Not Plan Exit Scam

22.02.2019
Renewed US sanctions on Iran to give boost to NPA-burdened Uco Bank

Renewed US sanctions on Iran to give boost to NPA-burdened Uco Bank

22.02.2019
  • Cryptocurrency
  • Market
  • Forex
  • Gold
  • Petroleum
AlfaBTC
  • Cryptocurrency
  • Market
  • Forex
  • Gold
  • Petroleum
No Result
View All Result
  • Cryptocurrency
  • Market
  • Forex
  • Gold
  • Petroleum
No Result
View All Result
AlfaBTC
No Result
View All Result

Prabhu asks global funds to invest in Indian startups to get ‘huge return’

Admin by Admin
07.12.2018
in Market
0

Commerce and Industry Minister Suresh Prabhu Friday sought investments from global funds in startups from different sectors including infrastructure, agriculture and healthcare.

He said huge investment potential exists in India as the country’s economy is going to reach USD 10 trillion by 2035.


“Global funds will get huge return on investments here. Big opportunities exists in areas like infrastructure, services, healthcare and education,” he said here at the Global Venture Capital Fund summit.

He said phenomenal growth would happen in the next few years in the infrastructure sector in areas like roads, ports and airports.

India will be constructing 100 airports with an investment of about USD 65 billion in the coming years, the minister added.

Improvement in infrastructure, hike in per capita income, availability of huge market and high return on investments are some of the reasons available for global funds to invest in India, Prabhu said.

Speaking at the summit, secretary in the Department of Industrial Policy and Promotion Ramesh Abhishek said that to further improve ease of doing business, the ministry would create ranking at district levels.

He said that so far 21 regulations have been eased to promote growth of startups and “we need to do more”.

He also said that so far 41 patents have been granted to startups to promote innovation.

Previous Post

Ledger, Neufund Partner to Create Security Tokens Framework

Next Post

RBI urges banks to keep higher capital buffer to see through crisis

Next Post
RBI urges banks to keep higher capital buffer to see through crisis

RBI urges banks to keep higher capital buffer to see through crisis

Please login to join discussion
No Result
View All Result

Current course

Risk Disclosure: Alfabtc assumes no responsibility for loss or damage as a result of the use of information contained on this website, including data, quotes, charts and buy/sell signals. Trading in financial markets is one of the most risky investment forms. Before deciding to trade in foreign exchange or any other financial instrument or crypto-currencies, you must carefully consider your investment objectives, experience level and risk level.
Alfabtc reminds you that the data contained on this website are not necessarily in real time and may have inaccuracies, so rates and prices are approximate

  • Cryptocurrency
  • Market
  • Forex
  • Gold
  • Petroleum

© 2018| All Rights Reserved | AlfaBTC

No Result
View All Result
  • Cryptocurrency
  • Market
  • Forex
  • Gold
  • Petroleum

© 2018| All Rights Reserved | AlfaBTC

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In