In their talks, Modi and German Chancellor Angela Merkel are also likely to deliberate on a number of pressing global issues including the situation in South China Sea, China's 'Belt and Road' initiative and the growing threat of terrorism, German envoy Martin Ney said today.
The acquisition is a part of the Rs 295 crore investment approved by the Tata Chemicals' Board earlier in February 2017, it said in a BSE filing.
This will be in addition to its existing USD 1 billion investment here, DP World's Group Chairman and CEO Sultan Ahmed Bin Sulayem said.
The lobbying effort by Abbott Laboratories, Boston Scientific, Johnson & Johnson and others comes after the government of Prime Minister Narendra Modi in February set a price cap for stents - small wire-mesh structures used to treat blocked arteries - slashing prices that patients pay for some devices by about 75 percent.
The metric saw a pick-up compared to the previous quarter, but fell 2.6 per cent as against the same period of the previous year. The Dun & Bradstreet Composite Business Optimism Index stood at 78.9 during April-June of 2017, down 2.6 per cent from a year ago.
"In respect of development of port infrastructure, 49 projects have been awarded with a capacity of 103.52 MTPA against a target of 102 MTPA with an investment of Rs 8,341.12 crore during the last fiscal," Shipping, Road Transport and Highways Minister Nitin Gadkari told PTI.
Despite this being an unorganised market, superior returns of this asset class has attracted investor interest
China has pledged to increase non-fossil fuel energy to at least 20 percent of total consumption by the end of the next decade, up from 12 percent in 2015, part of its efforts to tackle air pollution and bring carbon dioxide emissions to a peak by around 2030.
The Foreign Investment Promotion Board (FIPB), headed by Economic Affairs Secretary Shaktikanta Das, is scheduled to meet on April 17. As many as 8 proposals are on the agenda, the Finance Ministry said in a meeting notice.
The investment in the plant, Toyota's largest, comes amid uncertainty over US President Donald Trump's trade policies that could affect certain Japanese firms' capital expenditure plans.
"Reliance Power today executed project agreements with Bangladesh Power Development Board (BPDB) for phase I of 750 MW LNG power project at Meghnaghat, near Dhaka in Bangladesh," Reliance Power said in statement.
Spot price for May delivery of LNG in Asia rose by 10 cents to USD 5.80 per million British thermal units (mmBtu) as seasonal tightness supported the market.
In its first bi-monthly monetary policy of 2017-18, it said several indicators are pointing to a modest improvement in the macroeconomic outlook. These include record production of foodgrains and pulses and recovery in industrial output on the back of turnaround in the manufacturing sector.
India plans to set up a 60 million tonnes per annum (mtpa) coastal refinery in Maharashtra. Petroleum Minister Dharmendra Pradhan had last year said the government was keen to have foreign investment in the project.
Announcing the commissioning of the balance 64 MW today, Tata Power said with this, the operating renewable portfolio of TPREL has grown to 1,959 MW, comprising 907 MW wind, 932 MW solar and 120 MW waste heat recovery capacity.
"Northeast is our priority. We are going to develop the first express highway of North East in Assam along the banks of Brahmaputra. This 1,300 km-long express highway is likely to incur an investment of Rs 40,000 crore," Gadakari said.
At the first cabinet meeting presided over by Chief Minister Yogi Adityanath, it was decided to set up a five- member group of ministers led by deputy chief minister Dinesh Sharma for studying industrial policies of other states so as to formulate the state's own policy for boosting investment, senior ministers Siddharth Nath Singh and Srikant Sharma said.
As an American humorist said: "Fun is like life insurance; the older you get, the more it costs."
Earlier, the limit for foreign portfolio investors (FPIs) was Rs 1.52 lakh crore. "Limit for FPIs in central government securities shall be enhanced to Rs 1,84,901 crore," Securities and Exchange Board of India (Sebi) said in a circular, adding that the new limits became effective.
Always remember that one must start saving and investing as early as possible to reap benefits once you take control of your financial destiny.
Parikh has almost 17 years of experience in financial services companies like Aditya Birla Money MyUniverse, Birla Sunlife Asset Management Company and ICICI Prudential Mutual Fund.