GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Modi Invites More Saudi Investment in India's Infrastructure

Modi also said that he looked forward to an early visit from Saudi King Salman to India.

IANS

Updated:September 4, 2016, 10:43 PM IST
facebookTwittergoogleskypewhatsapp
Modi Invites More Saudi Investment in India's Infrastructure
Indian Prime Minister Narendra Modi, third from left, and Chinese President Xi Jinping, fourth from right ahead of the G20 Summit. (Picture courtesy: AP)

Indian Prime Minister Narendra Modi Sunday invited Saudi Arabia to invest more in India's infrastructure, particularly in the railways, during a meeting with Deputy Crown Prince Mohammad bin Salman Al Saud, on the sidelines of the G-20 Summit here.

"Prime Minister invited greater Saudi investment, particularly through the National Investment and Infrastructure Fund (NIIF)," official sources here said.

"He also sought greater cooperation in infrastructure, particularly modernisation of railway stations," the sources said.

Modi complimented Prince Mohammad for his Vision 2030 Document that charts out a roadmap for the future of the Gulf kingdom.

The Saudi Vision 2030 is aimed at making the Gulf kingdom a global investment powerhouse and turn into a connecting hub for the continents of Asia, Europe and Africa.

Modi also recalled his highly successful visit to Saudi Arabia in April this year following which he was conferred that country's highest civilian honour, the King Abdulaziz Sash.

"There was a detailed discussion on UN Security Council reforms with both leaders emphasising the need for expansion of the UNSC to include more permanent members," the sources said.

Modi also said that he looked forward to an early visit from Saudi King Salman to India.

Read full article
Next Story
facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 919.75 -1.75 -0.19
Kotak Mahindra 1,030.10 +5.45 +0.53
Vedanta 298.00 +13.45 +4.73
ICICI Bank 303.15 -1.20 -0.39
Yes Bank 315.90 +12.00 +3.95
Company Price Change %Gain
Kotak Mahindra 1,029.00 +4.00 +0.39
ICICI Bank 303.45 -1.10 -0.36
Bharti Airtel 519.00 -2.00 -0.38
Bombay Dyeing 266.70 +38.35 +16.79
Greenply Ind 335.50 +2.75 +0.83
Top Gainers
Company Price Change %Gain
Vedanta 298.00 +13.45 +4.73
Yes Bank 315.90 +12.00 +3.95
M&M 1,483.40 +51.80 +3.62
Coal India 271.00 +8.15 +3.10
Hindalco 242.75 +6.35 +2.69
Company Price Change %Gain
M&M 1,482.65 +50.95 +3.56
Coal India 271.05 +7.95 +3.02
Dr Reddys Labs 2,372.00 +58.30 +2.52
HDFC Bank 1,873.05 +35.85 +1.95
Adani Ports 401.95 +6.90 +1.75
Top Losers
Company Price Change %Gain
Tech Mahindra 500.75 -13.50 -2.63
Cipla 576.45 -14.00 -2.37
Bosch 19,730.30 -149.90 -0.75
ONGC 183.00 -1.35 -0.73
Power Grid Corp 198.85 -1.25 -0.62
Company Price Change %Gain
Cipla 575.85 -14.95 -2.53
ONGC 182.85 -1.60 -0.87
Asian Paints 1,119.95 -5.10 -0.45
TCS 2,547.85 -10.70 -0.42
SBI 312.75 -1.30 -0.41

Live TV

File is:/article-scroll-new.php