Global Investment

Global fintech investment falls in 2022, payments space shows top growth

Investment in crypto and blockchain fell from $30 billion in 2021 to $23.1 billion in 2022

Goldman Sachs Asset Management raises $5.2 billion, to invest globally

The fund has invested in Indian companies such as Swiggy, MoEngage, and ElasticRun

UP govt to hold roadshow in Bengaluru on Monday to woo investors to state

UP govt is all set to hold its 7th domestic roadshow in Bengaluru on Monday to draw investors to the upcoming Global Investors Summit (GIS) 2023 in the state, an official release said

UP to hold roadshows across states to attract domestic investors for summit

The Uttar Pradesh government will hold roadshows in the states to attract domestic industrial groups for its Global Investors Summit to be held next year, according to an official release. The state government recently sent a group of ministers on a global tour to invite foreign investors for the summit and seek investment in the state. The release said that investment commitments of Rs 7.12 lakh crore, including of Rs 4 lakh crore from the UK and the US alone, have been received ahead the Global Investors Summit to be held in February next year. After the return of the group from global tour, Chief Minister Yogi Adityanth has directed holding road shows in different states of the country for inviting investors of the country, the release said on Friday. The chief minister reviewed the preparations for organizing the Global Investors Summit with the cabinet members and senior officials on Thursday. A new team should be formed for road shows to be held within the country. Independe

Multi-country roadshows get investment intents worth Rs 7.12 trn for UP

The Uttar Pradesh government has already pulled in investment intents worth Rs 7.12 trillion through the multi-country roadshows held between December 9 and December 19

UP business delegation garners Rs 20,000 crore investments from Singapore

Singapore investors have committed nearly Rs 20,000 crores of investment in Uttar Pradesh in areas such as data centres, logistics services and education following a business promotion delegation visit to the city-state. The investments were committed following a four-day presentation here, which concluded on Monday, by the UP Global Investment Summit (UPGIS) delegation led by State Minister of Jal Shakti and Flood Control Swatantra Dev Singh. Singapore is a partner country in UPGIS to be held from February 10-12, 2023 in Lucknow. Singh and his delegation members held a series of meetings and discussed prospects and collaboration opportunities in their state with Singapore's Minister of Trade and Industry Gan Kim Yong and Minister for Sustainability and the Environment Grace Fu Hai Yien. It was a very successful trip. The G2G (government to government) engagement was very warm and fruitful, Deepak Kumar, Principal Secretary, Basic Education Department of Uttar Pradesh, told PTI. T

Credit Suisse is not for the sale, says chairman Axel Lehmann

With its share price slumping by more than half this year, the 166-year-old institution has been vulnerable to rumors of takeover bids and concerns over its stability

Global shares mostly higher as markets eye China's Communist Party meeting

Global shares were mostly higher on Monday as investors kept their eyes on a weeklong Communist Party congress in China. France's CAC 40 added 0.5 per cent in early trading to 5,961.27. Germany's DAX gained 0.5 per cent to 12,498.72. Britain's FTSE 100 rose 0.5 per cent to 6,894.84. The future for the Dow industrials was up 0.7 per cent, while the contract for the S&P 500 gained 0.9 per cent. Britain's new Treasury chief was due on Monday to announce details of his tax and spending plans Monday, two weeks ahead of schedule, in a bid to calm markets roiled by the government's economic policies. Chancellor of the Exchequer Jeremy Hunt was expected to ditch more of the measures announced by the government of Prime Minister Liz Truss on September 23. Since then, the prime minister's libertarian economic policies have triggered a financial crisis, emergency central bank intervention, multiple U-turns and the firing of her Treasury chief. In Asia, the meeting of China's ruling Communi

GIS 2023 will give flight to 'New India, New Uttar Pradesh': CM Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath reviewed the preparations for Global Investors Summit in February 2023 in a meeting and said GIS will give flight to 'New India, New Uttar Pradesh'

UP govt to formulate township policy before global investor summit

The proposed policy is likely to be ready by month-end to ensure its implementation before the mega UP global investor summit in January 2023.

India's investments in AI to cross $880 mn by 2023: NASSCOM report

The global artificial intelligence investments have doubled in the last year, but India's share in global AI investment remains at 1.5%, the NASSCOM report said

What are key takeaways from WEF meet? What made India stood out this year?

The World Economic Forum ended with a call for unity and a win-win world. But is the world order shaping up like that? Here are the highlights of the event in which India emerged as a bright spot.

London resilient at top of European tech investment table despite Covid-19

LONDON (Reuters) - London retained its position as the top European destination for tech venture capital in 2020, with levels near the record amount of the year before despite the impact of COVID-19, according to research by Dealroom.co and London & Partners.

Indian MFs turn to global funds for better yields, reduction of home bias

Financial planners recommend setting aside 5 to 10 per cent of one's portfolio in international funds

India must become talent hub post-Covid to draw global investments: Nasscom

IT body chief says it is launching a Rs 436-crore reskilling project on PPP basis to help build digital fluencies in emerging technologies such as AI and cybersecurity

Coronavirus outbreak will slash global investment flows: UN report

On average, the top 5,000 multinational companies have seen a downward revision of their 2020 earnings estimates of nine per cent due to the outbreak, UNCTAD said

Planning to buy FAANG stocks? Cube Wealth, Vested make your job easier

Since the US and India have DTAA, you will pay tax only once. Dividend income, however, is taxed at 25% in the former

Investors, trade bodies decry Piyush Goyal's statement on Amazon

Goyal said Amazon was not doing any favours by deciding to invest an additional $1 billion into India

Global investment return conundrum

It is surprising to see equities underperform bonds for 19 years, of which the last 10 have been an equity bull run

India to attract $4.2 billion global investment: Report

With India emerging as a preferred investment destination, the country is expected to witness nearly USD 4.2 billion new capital in the realty sector in 2017, says Cushman & Wakefield. According to a report titled 'The Great Wall of Money' by the global consultant, new capital available for global real estate investment in 2017 is estimated at USD 435 billion, out of which India is expected to get nearly USD 4.2 billion. The report states that the total global wall of money in 2017 has fallen by 2 per cent compared to 2016's peak of USD 443 billion, but is the second highest figure recorded since 2009. "India's attractiveness as a global investment destination has strengthened on account of the country's political will to attract and protect investment growths. India's inclusion in the top investment destination is a testament of this confidence," Cushman & Wakefield Managing Director, India Anshul Jain said. He said the country saw its best year in 2016 with private ...