March 2018
11:38 PM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
Stock market grew 13% in PM Modi s tenure: Prabhu
(New Delhi, Feb 27, 2018): India's stock market has witnessed a compounded annual growth rate (CAGR) of 13 per cent over the last four years, since Prime Minister Narendra Modi assumed office, which demonstrates that investing in the country makes business sense, Commerce & Industry Minister Suresh Prabhu said today.

The minister made the remarks in presence of the Prime Minister, who presided over the inaugural session of India-Korea Business Summit here.

"The stock market in the last 4 years, ever since the Prime Minister has taken over the leadership, has grown by 13 per cent CAGR. It has returned 13 per cent compounded annual growth rate to the investors and that shows that investing in India makes business sense," Prabhu said.

Addressing the summit organised by CII, the minister said difficulties will be addressed to realise the prime minister s vision of bringing more investments to India, particularly from Korea.

Listing the areas for intensifying bilateral economic cooperation, Prabhu said India can export marine food products, chemicals, garments and leather to Korea. He said the two nations can collaborate in space technology and startups.

The minister said India can offer a special area demarcated for Korean companies in the Delhi-Mumbai industrial corridor.

We can give a special area demarcated for Korean companies in which everything will be Korean, and therefore under the Delhi-Mumbai industrial corridor some area can be identified only for Korean companies, said the minister.(PTI)

Audi to hike car prices by up to Rs 9 lakh from April
RBI sets rupee reference rate at 64.9366 against US dollar
Indians choose travel over shopping, food: Survey
'Panama Papers' law firm shuts down operations
Delhi, Bangalore, Chennai among cheapest cities globally: EIU
Sensex extends losses, down 66 pts; Nifty below 10,400
SBI closes 41.2L SB accounts for not keeping minimum balance
RBI scraps bank LoUs in the aftermath of PNB fraud
Huawei, Savex Technologies partner for enterprise biz in India
Rupee opens 9 paise higher against US dollar
Sensex cautious on weak global cues; TCS cracks 5%
Rupee rises 23 paise against dollar in opening trade
Sensex rallies 301 pts ahead of IIP, inflation data
India braces for Donald Trump's reciprocal tax, may fight it in WTO
Sensex ends marginally lower on late sell-off
Rupee rebounds 4 paise in opening trade
Tata Steel could pip JSW to emerge as highest bidder for Bhushan Steel
Gujarat Refinery to invest Rs 24k cr on projects till 2022
Beneficiaries can get foodgrain quota from any ration shops: Paswan
Sensex rallies 300 pts, metal stocks rebound
BJP leaders meet Mani at home
 (Kottayam, Mar 17, 2018, DG): BJP leaders visited Kerala Congress veteran KM Mani's house on  
Lorries crash into each other at Kuravilangad, 2 killed
Nisha's controversial book: Jose.K.Mani responds to media
Three stars may be opened, Sudheeran warns govt
Turkey-backed forces take 'total' control of Afrin
 (Ankara, Mar 18, 2018):Turkish-backed Syrian rebels have taken total control of the centre of
Crushed hopes greet Aung San Suu Kyi in Australia
Mauritius: Ameenah Gurib-Fakim resigns over credit card scandal
Trump fires former FBI deputy director Andrew McCabe
Sonia targets Modi, accuses him of making hollow promises
 (New Delhi, Mar 17, 2018): Former Congress president Sonia Gandhi today launched an all-out a
Rape attempt on university student
Congress urges EC to revert to paper ballots
Gorakhpur DM among 37 IAS officers shuffled in UP
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.