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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102372) | |
21891. FPIs remain net buyers with Rs 14,649 crore investment in January
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Business Standard
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- Overseas investors pumped in a net of Rs 19,473 crore into equities but pulled out Rs 4,824 crore from the debt segment between January 1 and January 29
- Foreign portfolio investors (FPI) have remained net buyers to the tune of Rs 14,649 crore in Indian markets in January, amid availability of global liquidity and emerging markets being a preferred destination for foreign funds.
- According to FPI statistics available with depositories, overseas investors pumped in a net of Rs 19,473 crore into equities but pulled out Rs 4,824 crore from the debt segment between January 1 and January 29.
21892. This pharma startup is providing a ‘silver’ lining during the pandemic with its sanitisation and disinfectant solutions
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Founded by Rushang Shah, Tranquiil Speciality Products provides certified disinfectants resistant to various viruses and bacteria, including COVID-19, H1N1 viruses, and Tuberculosis bacteria.
- The startup claims to be providing India's first and only certified disinfectant formulation resistant to various viruses and bacteria, including COVID-19, H1N1 viruses, and Tuberculosis bacteria.
- GermiGo solutions, a sub-brand of Tranquill Speciality, can kill up to 99.9999 percent of germs, viruses, pathogens, and bacteria, including H1N1, TB, and most bacteria from the Corona family,”
21893. [Startup Bharat] Kanpur-based ecommerce platform Zelorra promises low-cost and timely delivery of essentials
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Deepak and Shuddhatm Chaturvedi launched ecommerce startup Zelorra in Kanpur in 2019 with an initial investment of their savings of Rs 2,50,000.
- Delivery time for non-essential items is within two to three days across the country while essential goods are delivered immediately, in real time.
- Has more than 11,000 customers in its database and is recording almost 2,500 orders per month.
21894. Insurance Companies Won't Be Taking Money Outside India Despite Spike in FDI: Fin Min Secy
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
News18
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- The FDI limit hike in insurance will allow foreign ownership and control with safeguards. Under the new structure, the majority of directors on the boards and key management persons will be resident Indians with at least 50 percent directors as independent directors.
- A specified percentage of profit will be retained as general reserve," said the Finance Minister.
- Despite the Union Budget 2021 raising FDI limit up to 74 per cent, insurance companies with foreign ownerships won’t be allowed to take money outside India, said Tarun Bajaj, Secretary, Department of Economic Affairs.
21895. [ऐप फ्राइडे] जानिए क्यों 250 मिलियन से ज्यादा छात्र अपना होमवर्क करने के लिए इस फ्री ऐप को काम में ले रहे हैं
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- 1) 2009 में Michal Borkowski, Lukasz Haluch, और Tomasz Kraus द्वारा पौलेंड में शुरू की गई ब्रेनली (Brainly) ऐप को भारत में भी पसंद किया जा रहा है
- 2) ब्रेनली ऐप अनिवार्य रूप से एक रियल-लाइफ स्टडी ग्रुप के ऑनलाइन समकक्ष के रूप में कार्य करता है और बच्चों को शैक्षणिक प्रश्नों के साथ मदद कर सकता है।
- 2009 में Michal Borkowski, Lukasz Haluch, और Tomasz Kraus द्वारा स्थापित, पोलैंड स्थित ब्रेनली (Brainly) ने भारत में अपना प्यारा स्थान पाया है। इसने बड़े पैमाने पर निवेशकों से बड़े फंडिंग प्राप्त की है, जिनमें Naspers भी शामिल हैं - जो कि भारतीय एडटेक यूनिकॉर्न BYJU'S के निवेशक हैं। ब्रेनली ऐप अनिवार्य रूप से एक रियल-लाइफ स्टडी ग्रुप के ऑनलाइन समकक्ष के रूप में कार्य करता है और बच्चों को शैक्षणिक प्रश्नों के साथ मदद कर सकता है।
21896. Insurance sector thrown open: FDI hike to 74% sets stage for its takeoff
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Indian Express
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- Foreign inflows in insurance companies will also enable them to become more effective vehicles for household savings, creating long-term assets in the economy.
- “I propose to amend the Insurance Act, 1938 to increase the permissible FDI limit from 49% to 74% in Insurance Companies and allow foreign ownership and control with safeguards,” said Nirmala Sitharaman (FM).
- “I propose to amend the Insurance Act, 1938 to increase the permissible FDI limit from 49% to 74% in Insurance Companies and allow foreign ownership and control with safeguards,” said Sitharaman.
21897. FDI easing in defence production to attract investments: DPIIT Secy
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Financial Express
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- Various projects are expected to come in the defence production as the government has liberalised foreign direct investment (FDI) norms in the sector
- The FDI limit in the defence manufacturing under automatic route has now been raised from 49 per cent to 74 per cent.
- About promoting the growth of startups, the secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said the department is working on a credit guarantee fund scheme, which would provide comfort to banking and non-banking financial institutions to lend to budding entrepreneurs.
21898. India attracted FDI inflow of $67.54 billion during April-December 2020
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Mint
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- FDI equity inflow grew by 40% in the first 9 months of 2020-21 (US$ 51.47 billion) compared to the year ago period ($ 36.77 billion)
- It is the highest ever for the first ninth months of a financial year and 22% higher as compared to the first ninth months of 2019-20 (USD 55.14 billion).
- Measures taken by the Government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country.
21899. India bags highest ever FDI at $67.5 billion in first 9 months of FY21
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Business Today
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- During the period between April and December last year, FDI equity inflows jumped by 40 per cent to $51.47 billion compared to $36.77 billion during the year-ago period With this, total FDI flows were 22 per cent higher during April-December 2020 compared to $55.14 billion in the corresponding period last year, as per an official release issued by the Ministry of Commerce and Industry.
- It grew nearly 19 per cent after declining around 3 per cent in the previous two matching periods. FDI inflows have constantly grown since August 2020 on a yearly basis; it recorded a substantial growth of 81 per cent in the month of November.
- Measures taken by the government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country," the ministry said.
21900. [Startup Bharat] Why these 2 college students decided to start a hyperlocal Hindi news app
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Udaipur-based media tech startup Namaste Gaon started by Shubham Soni and Pulkit Khatri focuses on providing hyperlocal news from cities, towns, and villages across Rajasthan.
- “We understood that people in every small town depended heavily on newspapers for updates. But newspapers have limited coverage of geographical areas, and it is often difficult for people staying outside the district to stay updated,” Shubham says.
- The hyperlocal Hindi news app provides breaking news in all sectors: politics, crime, sports, business, technology, agriculture, and entertainment.