ATTRACT
UP cabinet passes draft of UP NIRMAN Bill-2024 to attract investors
The Uttar Pradesh government passed the draft of the Uttar Pradesh Nodal Investment Region for Manufacturing (Construction) Area Bill (NIRMAN)-2024 in a bid to boost the state's economy to one trillion dollars. The bill aims to create Special Investment Regions (SIRs) to attract big investors. The decision will promote economic development, ease of doing business, and create new job opportunities. Additionally, the cabinet approved a proposal for a Memorandum of Understanding between ITPO and MSME to encourage industrial investment.
India best emerging market story; haven't ever seen valuations and fundamentals so attractive: Mihir Vora
The US economy has been much better than expected. It has been stronger for longer and of course, then it also translates to higher interest rates for longer, probably, but the fact is that the US economy is doing quite well.
007 Effect! JPMorgan bond inclusion can attract $2-3 billion monthly FII inflows into India
Since October 2023, non-residents have invested nearly $15 billion in Indian government bonds, including $5 billion through USD-settled, INR-denominated supranational bonds. Starting from Friday, passive fund inclusion will begin at a rate of 1% per month, leading to total inflows of $25-30 billion by the time full weightage is reached.
Wait for earnings and Budget to identify attractive sectors for investment: Deepak Shenoy
These companies are quite cyclical, moving between downturns and upturns. Recently, there has been an upturn for Muthoot and Manappuram, partly because IIFL, a major player in the gold financing space, faced some RBI action leading to a slowdown in its gold lending portfolio.
India a very attractive destination for fixed income investors: Vikas Goel
So, obviously, we are still underrepresented. So, compared to, say, a similar economy like Indonesia, etc., we will go from 2.5% to about 4% I think after the inclusion which is fairly-fairly insignificant even if we compare it to our equity markets where foreign investment is much-much higher as a proportion of total investment.
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Shopify expands access to its AI-powered features to attract more businesses
Customers can now use its editing tool on their smartphones to enhance images used in promotional materials, including emails, the Canada-based firm said at its biannual products event. The feature was previously restricted to only editing product images online.
Yoga can attract more tourists to J-K, create jobs for locals: PM Modi
Prime Minister Narendra Modi stated on Friday that yoga could help Jammu and Kashmir attract more tourists and offer new livelihood opportunities for local residents. His remarks were made during an address on the 10th International Yoga Day by the banks of Dal Lake. Modi pointed to a recent competition in Egypt where yoga was used to promote tourism.
India most attractive consumer market across the globe: Fibonacci X report
India is emerging as the most attractive consumer market globally, with consumption trends merging with large cities. The services sector is expected to drive strong economic growth, and India is poised to be a global hotspot for economic growth. Manufacturing growth has remained stagnant, but future growth depends on new policy initiatives.
Made in India Netra, Pinaka Systems attract European, Southeast Asian interest
The AEWC is a system developed by the Centre for Airborne Systems and two of their aircraft are already flying with the Indian Air Force giving wide coverage of the adversaries' activities along both western and northern front of the country. The Indian forces are going to get 12 more of these airborne systems in different configurations.
Kota Magic: Why the city continues to attract India's brightest minds
Kota, a city in Rajasthan, has emerged as a magnet for aspiring students across India, particularly those preparing for competitive exams like JEE and NEET. Known for its coaching institutes that offer structured and rigorous training, Kota has become synonymous with academic excellence and success in entrance examinations. Thousands of students flock to this city every year, driven by the promise of realising their dreams of becoming engineers and doctors.
Ukraine summit attracts world leaders but fails to isolate Russia
U.S. Vice President Kamala Harris, French President Emmanuel Macron and the leaders of Germany, Italy, Britain, Canada and Japan are among those set to attend the June 15-16 meeting at the Swiss mountaintop resort of Buergenstock.
Discover plants that attract snakes to your garden
Snakes are often drawn to gardens for food, shelter, and the right environmental conditions. Certain plants can create an inviting habitat for snakes by attracting their prey, providing cover, or maintaining a moist environment. If you are looking to deter snakes, consider maintaining a tidy garden with short grass, minimal ground cover, and limited mulch piles. Removing food sources and potential hiding spots can also help make your garden less attractive to snakes. Here are five plants that may attract snakes to your garden:
Yuntai: Is China's tallest waterfall fed by pipes? Viral videos expose truth behind popular scenic beauty. Details here
Thousands of visitors visit the scenic Yuntai waterfall, situated in China, and appreciate nature at its full glory. However, a recent video has created a massive controversy around the waterfall being an artificial one.
Brands by scions attract VC money; Ola Electric layoffs
Happy Monday! A new wave of brands founded by second generation entrepreneurs is snagging venture capital. This and more in today’s packed edition of ETtech Morning Dispatch.
View: Tackling FTA attractions
India has resumed free trade negotiations with trading partners after withdrawing from the Regional Comprehensive Economic Partnership (RCEP) negotiations in 2019. The process has been restarted with the signing of India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA) in March 2021, followed by India-UAE Comprehensive Economic Partnership Agreement (CEPA), India-Australia Economic Cooperation and Trade Agreement (ECTA) in 2022, and India-European Free Trade Association (EFTA) pact in February this year.
Hospitality beyond the usual hotspots
India's hospitality industry is expanding its tourism portfolio, despite limited availability in urban areas. The country's geographical diversity has limited tourism potential, putting strain on existing infrastructure and leaving many areas underserved. The industry is now focusing on newer, riskier locations to meet service quality expectations of a growing number of travelers. The scale of the sector allows for distribution outreach with local government support, easing the financial burden on states.
Quality of life better in Kochi, Thrissur as compared to major Indian cities like Delhi, Mumbai, Bengaluru, and Hyderabad: Oxford Index
In terms of factors such as livability and attractiveness influencing migration patterns, major cities like Mumbai, Delhi, and Bengaluru have scored lower than Kochi and Thrissur, according to the Oxford Economics Global Cities Index. The Quality of Life category evaluates indicators measuring the advantages of residing in each city and residents' well-being, encompassing financial and health outcomes, as well as access to amenities. Mumbai, the financial capital of India, ranked 915, while the national capital, Delhi, secured the 838th position. Bengaluru, known as the IT hub, was rated at 847, while Hyderabad received a score of 882.
ISRO chairman advocates for libraries in temples to attract youth
ISRO Chairman S Somanath advocates for setting up libraries in temples to attract youngsters to places of worship, urging temple managements to transform society. He received an award from Sree Udiyannoor Devi Temple and former ISRO chairman G Madhavan Nair, emphasizing the importance of attracting youth to temples.
Shares of oil marketing companies look attractive: Motilal Oswal
“We expect marketing margins to normalise at higher levels from 2QFY25 onwards as the impact of these events subsides,” said Motilal Oswal’s analysts Abhishek Nigam and Aman Chowdhary in a client note.
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