FDI confidence dips, India’s rank slips
While as many as 67% of the 1,000 CEOs covered in a survey by international consultancy firm AT Kearney have a positive view on India as a foreign direct investment destination, a mere 14 per cent are ready to make fresh investments in the country.
Minister warns defaulters of property attachment
Union Cabinet will recommend a series of stringent actions against the habitual and willful defaulters of bank loans during the winter session of Parliament, Union minister of state for finance Balasaheb Vikhe-Patil said.
Investors hammer down PSU, bank shares
Angry investors hammered down the shares of public sector firms and commercial banks as the government’s slow and ambiguous plan on disinvestment and reduction in government holding failed to cheer the market sentiment.