NIIF will function like SWF, to be operational by December: Sinha

Last Updated: Friday, July 31, 2015, 20:51

The proposed Rs 20,000-crore National Investment and Infrastructure Fund will function as a sovereign wealth fund like Singapore's Temasek and operate at "arm's length" from the government, Minister of State for Finance Jayant Sinha said on Friday.

Coal in the crosshairs in Europe but fuelling emerging markets

Last Updated: Sunday, June 7, 2015, 17:26

The International Energy Agency estimated in December that coal demand will continue to grow by an average of 2.1 percent through 2019, even if this is slower than the 3.3 percent average recorded in 2010-2013.

Xiaomi to raise over $1 bn from investors including GIC

Last Updated: Monday, December 22, 2014, 11:16

China`s Xiaomi is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.

FII inflows may halve to $20 bn in 2015: Credit Suisse

Last Updated: Wednesday, December 10, 2014, 19:55

Swiss brokerage Credit Suisse on Wednesday said the robust foreign inflows into the country's debt and equities markets will halve to USD 18-20 billion next year on a slowdown in the sovereign wealth funds' (SWFs) play.

Investment sub-limit for foreign fund in govt papers hiked

Last Updated: Wednesday, January 29, 2014, 21:03

The Reserve Bank on Wednesday doubled the sub-limit for investment in government securities to USD 10 billion by long-term investors like sovereign wealth funds and foreign central banks, with a view to attract more funds.

Qatar fund in talks to invest $200 million in Indian property: Report

Last Updated: Tuesday, December 24, 2013, 09:10

Qatar Investment Authority (QIA), the sovereign wealth fund of the gas-rich Gulf emirate, is in talks to invest USD 200 million in residential property in India, a source with direct knowledge of the matter told a news agency.

Sovereign wealth fund CIC boasts 10.6% return in 2012

Last Updated: Saturday, July 27, 2013, 22:20

The rise is in marked contrast to the previous year when the fund suffered a 4.3 percent loss, the lowest return since it was launched in 2007.

Chidambaram to visit Dubai tomorrow to woo investments

Last Updated: Saturday, May 25, 2013, 16:16

With a view to seek foreign investments, Finance Minister P Chidambaram will be visiting Dubai on Sunday to sell India's growth story to sovereign wealth funds.

FinMin opposes sovereign wealth fund out of forex reserves

Last Updated: Wednesday, April 24, 2013, 19:31

Finance Ministry has opposed creation of a USD 10 billion Sovereign Wealth Fund (SWF) to acquire oil and gas and fertiliser assets abroad, saying the country did not have sufficient foreign currency to support the fund.

Norway sovereign fund ups exposure to Indian stocks, debt

Last Updated: Sunday, March 10, 2013, 12:40

Norway's sovereign wealth fund, the largest across the world, increased its exposure to Indian stocks by 38 percent to USD 2.57 billion in 2012, while its holdings of Indian debt securities have also risen manifold.