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Welcome to the 15 February, 2017
edition of INDIA UPDATE, presented by the Consulate General of India, Sydney

No impact of global slowdown on India:
Jaitley at Make in India conference


"Unpredictable global slowdown and the rhetoric of protectionism in developed economies have not affected India," says Finance Minister Arun Jaitely at the 'Make in India - Karnataka' conference.
 

RBI to lift all cash withdrawal limits from March 13
 


The Reserve Bank of India (RBI) said it would remove the cash withdrawal limit from automated teller machines (ATMs) and savings accounts from March 13

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India’s economy forecast to surpass that of the US by 2040


India is currently the world’s fastest-growing major economy. And before long, it may leapfrog the US on a ranking of the largest, says PwC

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Early-stage start-ups will look to raise US$ 800 million in 2017: report


 Early-stage start-ups will seek to raise at least $800 million in 2017 as they start looking at profitability over growth, says report by venture debt firm InnoVen Capital 

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Central panel on doubling farmers' income mulls major reforms


A committee formed by the Centre to double farmers' income by 2022 is considering major reforms in the agriculture sector like adopting a profit-centric approach

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Around 2,100 fresh FPIs registered in April-November FY17


Nearly 2,100 new foreign portfolio investors (FPIs) have registered with capital markets watchdog Securities and Exchange Board of India 

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Weekly economic bulletin: India’s January M&A and PE activity jumps 55%


All the latest investment, trade and sector news from the Economic Diplomacy Division of the Ministry of External Affairs in the Government of India

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