Foreign direct investment flows

Institutional investment in the Indian real estate staged a smart recovery during Q4 2020 with USD 3.5 billion worth of investments in different asset classes. As a result, 2020 closed with USD 5 billion investments, equivalent to 93 per cent of 2019 transactions worth USD 5.4 billion, according to JLL’s ‘Capital Markets Update: Q4 2020’ report released on Thursday. The report said that despite the uncertainty triggered by the pandemic, large global funds used the opportunity to negotiate portfolio deals with developers who offered quality rent yielding assets in cities with a higher presence of global technology players as well as global in-house centers. A deeper analysis of institutional investments in 2020 indicated that the recovery has been narrow-based, as 27 deals were transacted in 2020 compared 54 in 2019. Out of the total USD 5 billion flows, two large portfolio deals with an estimated value of USD 3.2 billion accounted for 65 per cent of the total … [Read more...] about Private equity investment at USD 5 billion

by Anurag KumarHealth spending is largely viewed as a cost. This is true of Governments and individuals alike. Finance Ministries thinks of health as a social sector expenditure. Individuals avoid paying for health till it becomes absolutely necessary and unavoidable.It would be wise for both, Governments, and individuals to consider health as an investment instead. Individual ‘investment’ in self-care and preventive health yield returns by lowering need for, and spending on curative care. Government investment in health has a strong multiplier effect throughout the economy in addition to enhancing the population’s well-being.The 2021 budget presents an opportunity to mark a departure from the chronic, low public spending on health. Policymakers should take the Covid-19 pandemic as a cue to move health expenditure to a higher orbit. Beyond the immediate need to fund Covid-19 vaccination, it is also a critical juncture where the role and impact of public health funding … [Read more...] about Investing in health is good economics

The coronavirus outbreak in Q1 2020 had brought China's industrial activity to a halt. But as soon as the virus spread was largely contained, China gradually and cautiously reopened factories and resumed production, enabling the industrial sector to become the first to stage a rebound. … [Read more...] about Economic Watch: Zooming into China’s economy in 2020 beneath headline growth

"Through the activities of this group, we aim to create the perception of being a direct partner, not a sectoral dialogue partner, for the ASEAN countries and increase the effectiveness of the Turkish business world in the region," Olpak said on Tuesday in an online meeting with journalists. … [Read more...] about Turkey seeks to enhance ties with ASEAN amid COVID-19 economic woes

NITI Aayog, along with the Institute for Competitiveness, has released the second edition of the India Innovation Index 2020 through a virtual event on Wednesday.Karnataka retained its top position in the ‘Major States’ category, while Maharashtra moved past Tamil Nadu to reach the second place. Telangana, Kerala, Haryana, Andhra Pradesh, Gujarat, Uttar Pradesh and Punjab occupied the top ten in that order.Karnataka’s rank is attributable to its substantive number of venture capital deals, registered geographical indicators and information and communications technology exports. Karnataka’s high Foreign Direct Investment (FDI) inflow has also enhanced the innovation capabilities of the state. Four southern states —- Karnataka, Tamil Nadu, Telangana and Kerala —- occupied the top five spots under the ‘Major States’ category for 2020.While Telangana retained its position at 4th in the list of major states, Andhra Pradesh, which figured at … [Read more...] about India Innovation Index 2020: Delhi tops overall, Karnataka leads major states and Himachal tops NE