Foreign direct investment wikipedia

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

After returning to growth in April, China's industrial engine continued to forge ahead, stabilizing and driving growth for the broader economy. The value-added industrial output surged 7.1 percent year on year in Q4, accelerating by 1.3 percentage points from Q3 last year. … [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

The BSE barometer of top 30 firms, S&P BSE Sensex, reached the 50,000-mark for the first time on Thursday, hitting a record high of 50,140 in opening deals. The market capitalisation of listed firms on the BSE, too, touched a record high of Rs 199 trillion.Sensex’s journey from 45,000 to 50,000 currently is the fastest 5,000-point rally in the history of Dalal Street’s oldest equities index and was completed in just 48 days. It’s run from 40,000 to 45,000 levels took 561 days to accomplish.According to experts, Foreign Portfolio Investors have been the main driver behind the market rally in India. After the initial bout of selling in the earlier part of 2020, FPIs have been consistently buying Indian equities so far. As per the data available with the NSE, In the year 2020, FPI made a net equity investment of Rs 1.5 lakh crore into the Indian market.Vijay Chandok - MD & CEO, ICICI Securities said- "Sensex crossing the important milestone of 50,000 is a telling … [Read more...] about Celebrations at Dalal Street; Sensex crosses 50k mark for the first time