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sensex-and-nifty-hits-record-high-as-india-becomes-attractive-destination-for-international-market

Sensex and Nifty hits record high as "India becomes attractive destination for international market"

New Delhi, Nov 10 (ANI): The SandP BSE Sensex and the Nifty rallied over 100 points in trade on Monday, led by gains in ITC, HDFC, Sun Pharma, Axis BankBSE -0.90 % and Dr Reddy's Laboratories. However, it failed to maintain this level and declined afterwards to 27,818.23, showing a loss of 55.36 points or 0.2 per cent at 27,813.27 at 11.31 a.m. local time. Market Expert Akash Jindal said that sensex may cross 30,000 level as India is being seen as an attractive destination by the international investors. He said that India is more attractive for international investors than Brazil, Russia and China or other emerging market. Further, talking about the gold prices, Jindal said that gold prices are expected to come down to Rs. 22,000 as people are now not interested in gold. Nov 10, 2014
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Govt. sincere in providing power to all: Piyush Goyal

New Delhi, Nov 6 (ANI): Assuring about government's sincerity in providing power supply to all, Minister of State for Power, Piyush Goyal on Thursday rallied for huge investments into the country's energy sector giving a clear message to the prospective investors. While narrating about the positives of doing business into the country, Goyal said India has a credible government; we are bringing in transparency in the whole working of the government. He also talked about having a situation where there will be uninterrupted power supply within the country and gave an account on the amount of investments needed in this regard. The World Economic Forum's India Economic Summit is returning to India after a gap of a year. The theme for this year's summit is, 'Redefining Public-Private Cooperation for a New Beginning'. Nov 6, 2014
organiser-say-world-economic-forum-to-reignite-global-interest-in-india

Organiser say World Economic Forum to reignite global interest in India

New Delhi/ Kolkata, Nov 04 (ANI): Indian edition of the World Economic Forum set to begin on Tuesday has generated a buzz among international investors and businesses about the country under the stewardship of Prime Minister Narendra Modi who has promised to ease rules to attract investments into the economy, organisers say. The India Economic Summit is being organised by World Economic Forum, in partnership with the leading industry body the Confederation of Indian Industry (CII) in New Delhi from 4-6 November. Speaking ahead of the summit, Chandrajit Banerjee, one of the organiser and Director General of the CII, said that the current edition would help not only India to attract investment but would also help forge an understanding of the global perspective on India. Banerjee added that there was a newfound excitement around India now. Nov 4, 2014
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