The Finance Minister presented the Interim Budget 2024, which focuses on infrastructure and investment. The budget allocates over ₹11 Lakh crore for the upcoming year, constituting 3.4% of the GDP. The government recognizes the importance of green energy and aims to achieve net-zero by 2070. In order to finance infrastructure projects, the government has extended the tax exemption for qualifying investments made by Sovereign Wealth Funds and Pension Funds until March 2025.
In this article, we will take a look at the 15 largest sovereign wealth funds in the world. If you want to skip our analysis, you can go directly to the 5 Largest Sovereign Wealth Funds in the World. Sovereign Wealth Funds A sovereign wealth fund (SWF), or a sovereign investment fund is a state-owned […]
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Merger and acquisition activity in India is expected to grow this year as companies attract capital from sovereign wealth funds, the Middle East, and elsewhere. Investments will range from outright acquisitions to greenfield projects and partnerships. Deal volume has been growing as financial sponsors, pension, and sovereign wealth funds from the US, Canada, and Singapore acquire controlling stakes in Indian infrastructure companies, real estate, and green energy.