New Delhi [India], October 27: India has witnessed an unprecedented surge in foreign portfolio investments (FPI) in recent months, with more than USD 10 billion flowing into the equity markets during the last quarter alone. As net FPI investments reach an impressive USD 19.09 billion in the
Union commerce minister Piyush Goyal on Saturday encouraged the Indian spices industry members to aim for USD 10 billion worth of exports by the end of this decade.
After meeting Prime Minister Narendra Modi in Washington, DC on Friday, Google and Alphabet CEO Sundar Pichai said that Google is investing USD 10 billion in India's digitisation fund, adding that PM Modi's vision for Digital India serves as a blueprint for other countries.
"RIL could potentially achieve USD 10 billion of revenue from New Energy business in 2030 which represents 40 per cent of the TAM. By 2030, we estimate RIL could capture 60 per cent, 30 per cent and 20 per cent of solar, battery and hydrogen TAM respectively," it said.
The telecom industry in India has become investment-oriented and an employment generator and exports of mobile are expected to exceed USD 10 billion in the current financial year 2022-23, said Union minister Ashwini Vaishnaw.
The package will include 18 High Mobility Artillery Rocket Systems, 45 Army Tactical Missile Systems, the Guided Multiple Launch Rocket System and related equipment.
The burning question is - given the generous donation of the international community, will Pakistan be able to redeem itself or default again and remain a global joke?
A government official said that the remaining loan repayment requirements and external financing of managing the current account deficit to the tune of USD 8 to USD 10 billion cannot be raised of the stalled IMF programme.
Pakistan, which is facing a severe cash crunch, has found a ray of hope in Saudi Arabia as Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud has directed officials to study augmenting the Kingdom's investments to reach USD 10 billion.
This comes as the Biden administration has provided more than USD 20 billion in military assistance to Kyiv, as well as about USD 10 billion in humanitarian assistance and about USD 13 billion in economic assistance, The Hill reported.