foreign direct investment

Cabinet clears SHANTI bill to open nuclear power to pvt sector | India News

The Union Cabinet has greenlit a bill to open India’s nuclear power sector to private players, a move crucial for achieving 100 GW nuclear capacity by 2047. The SHANTI Bill proposes changes to civil liability laws, caps supplier liability, and allows up to 49% foreign direct investment. This aims to boost domestic energy production and […]

Rupee slide: RBI lets currency weaken amid outflows; focus shifts to curbing speculation

India’s central bank will allow the rupee to weaken as the country’s external position comes under strain from slowing dollar inflows, widening trade pressures and heavy foreign selling in domestic markets, according to sources cited by news agency Reuters. The Reserve Bank of India (RBI), which had been actively supporting the currency until last month […]

Japan tariff deal to include $550bn investment: Trump

WASHINGTON: President Donald Trump said Japan has given him, as part of a new trade framework, $550 billion to invest in the United States. “Japan is putting up $550 billion in order to lower their tariffs a little bit,” Trump said Thursday. “They put up, as you could call it, seed money.”He said 90% of […]