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India calls for more FDI from US for aviation

India calls for more FDI from US for aviation

Visiting Indian Civil Aviation Minister Ajit Singh has on October 30 called for more foreign direct investment (FDI) from America
He said that India has taken significant measures for affordable air travel. The Minister was addressing the 4th India-US Aviation Summit in Washington.

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Govt wooes American investment in infra fund

Govt wooes American investment in infra fund

The Indian government wooed American firms and other entities to invest in infrastructure debt fund (IDF). Recently, Commerce and Industry Minister Anand Sharma discussed the matter with his US counterpart Michael Froman. Specifically, Sharma sought investments from US pension funds and insurance firms in IDF. In June 2013, gove

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Govt wooes American investment in infra fund

Govt wooes American investment in infra fund

The Indian government wooed American firms and other entities to invest in infrastructure debt fund (IDF). Recently, Commerce and Industry Minister Anand Sharma discussed the matter with his US counterpart Michael Froman. Specifically, Sharma sought investments from US pension funds and insurance firms in IDF. In June 2013, gove

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India estimated to have 1.6 tn cubic feet of shale gas reserves

India estimated to have 1.6 tn cubic feet of shale gas reserves

According to an estimate by the US Geological Survey, India has 1.6 trillion cubic feet of technically recoverable shale gas in the provinces of Bombay, Cauvery and Krishna-Godavari. The gas is largely concentrated in six areas - Cambay (in Gujarat), Assam-Arakan (northeast), Gondawana (central), KG onshore (Andhra Pradesh), Cauvery onsh

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Centre may request US govt to allow Indian firms source gas

Centre may request US govt to allow Indian firms source gas

Reports suggest that the central government would request the US government to allow India oil and gas companies to source shale gas from the country. US government does not allow foreign companies to import shale gas. But as an exception, the US government recently allowed state-run Gail to import natur