• Tuesday, December 07, 2021
India corona update 
Total Fatalities 425,195
Total Cases 31,726,507
Today's Fatalities 422
Today's Cases 30,549
India corona update 
Total Fatalities 425,195
Total Cases 31,726,507
Today's Fatalities 422
Today's Cases 30,549

Business

Sitharaman meets top Legatum official in New York

Indian finance minister Nirmala Sitharaman in New York, the US, on Monday, October 11, 2021. (ANI Photo)

By: Shubham Ghosh

INDIAN finance minister Nirmala Sitharaman has met in New York the chief investment officer of a big private investment firm during her ongoing visit to the United States and held talks over the latter’s interest in investing in India.

Sitharaman met Philip Vassiliou, the chief investment officer of Legatum, headquartered in Dubai, the United Arab Emirates, over the robust structural growth and continued interest of the firm to make investments in India.

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Indian finance minister Nirmala Sitharaman meets Mastercard executive chairman Ajay Banga (second from left) and CEO Michael Miebach, in New York on Saturday, October 16, 2021. (ANI Photo)

“Union Finance Minister Smt. @nsitharaman met Mr Philip Vassiliou, Chief Investment Officer, Legatum, in New York, USA, today. The robust structural growth and continued interest of the company to invest in India formed part of the discussion,” the finance ministry tweeted on Sunday (17).

The Indian finance minister has earlier this week attended the annual meetings of the International Monetary Fund and the World Bank.

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On the sidelines of the meetings, Sitharaman also attended more than 25 bilateral meetings including those with top officials of the US’s Joe Biden administration and a host of top CEOs from the host country.

This is the first visit of Sitharaman to the US after the pandemic which has taken place just weeks after prime minister Narendra Modi went there. New Delhi sees the finance minister’s visit as crucial to advance India-US economic partnership.

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