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Modi and Obama set out to create a model for the world

Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in......

Why Finance Minister Jaitley disappointed Defence Minister Jaitley

The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to......

From Ayodhya to good governance, BJP manifesto has it all

Contentious issues such as the construction of a RamTemple in Ayodhya, abrogation of Art 370 giving special status to Jammu and Kashmir and enactment of Uniform Civil Code have been included in the......

Why the Marxists are counting on Mamata

Trinamool's break with the Congress is encouraging the Left in Bengal to finally bestir itself. But it may be relying too much on the Trinamool's weaknesses rather than its own strengths, writes......

TEXT: President Patil's last address to Parliament

President Pratibha Patil on Monday addressed Parliament for the last time as President when she flagged off the Budget session. Here's the text of her speechHonourable Members I welcome you to this......

FDI from Pak: RBI to issue notification by month-end

The Department of Industrial Policy and Promotion (DIPP) has finally sanctioned the proposal of allowing foreign direct investment (FDI) from Pakistan. But the final notification will be issued by......

India eases FDI norms

The government on Thursday further liberalised the foreing investment regime by allowing Foreign Investment Promotion Board to clear proposals from overseas entities worth up to Rs 1,200 crore (Rs......

300 firms to pay RBI penalty for violating norms

The Foreign Investment Promotion Board (FIPB) has advised 300-odd companies to pay the Reserve Bank of India (RBI) a penalty (known as 'compounding') for breaching sectoral limits on foreign direct......

FDI beyond 24% in micro units to require FIPB nod

Any foreign investment in excess of 24 per cent in an industrial unit, which manufactures items reserved for micro and small enterprises, will require prior approval of the Foreign Investment......

FIPB says Press Notes 2, 4 can't be retrospective

The Foreign Investment Promotion Board has made it clear that Press Notes 2 and 4 issued in February 2009, which changed the way indirect foreign equity would be treated in calculating foreign......

Why Raj Kundra has no stake in Rajasthan Royals

Both Shilpa Shetty and her husband Raj Kundra were up in arms when Board of Control for Cricket in India chief Shashank Manohar revealed that their names do not reflect asstakeholders in the......
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Fast-track approvals for German companies

Merkel visit: Fast-track approvals for German companies Prime Minister Narendra Modi and German Chancellor Angela Merkel (Photo: PTI) New Delhi: In... ...
Nifty reclaims 8100 mark; surge over 2%

SENSEX 26785.55 564.60 2.15% NIFTY 8119.30... ...
Govt. ready to do anything to attract foreign investments! Norms to be simplified, FIPB to meet twice a month

The government is not leaving any stone unturned to woo foreign investors by coming up with foreign investment policy reform and quicker approvals.... ...
RBI expresses reservation over 100% FDI in private banks

The proposal to hike FDI limit in private sector banks was recently discussed at a meeting of officials from the ministries of Finance, Commerce... ...
Benchmarks continue to trade firm in late morning session

SENSEX 25970.10 191.44 0.74% NIFTY 7890.90... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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