No physical inspection of company records; compliance ops to be online
Move to allow the FDI in domestic airlines is expected to benefit Kingfisher Airlines.
India and the 10-country trading bloc poised to ratify pact on trade in services soon
Gloom over ministerial, courtesy US-China spar, conflict between cotton-producing African nations.
WTO summit will see whether decade-long negotiations would go forward or be brought to an end.
Cabinet nod not required after commerce ministry approval.
The trade deficit with China continues to soar at a blistering pace even as India is looking at aggressively increasing and strategising the reach of its products into the Chinese markets.
For the first time in the history of the country's trade union movement, all the Central Trade Unions (CTUs) are slated to hold a joint strike countrywide - next year. The demands behind the proposed agitation, on February 28, are better labour laws and their more effective implementation.
The joint letter to Manmohan Singh was written by Sunil Mittal, chairman of Bharti Airtel, Kumar Mangalam Birla, chairman of the Aditya Birla group which has promoted Idea Cellular, and Vittoria Colao, chairman of Vodafone Group Plc.
The latest available data from the Reserve Bank of India show a 77 per cent jump in the FDI in the first half of the current financial year (April-September), compared to what was $19.5 billion the same period a year ago.
While the special economic zones have seen several labour laws being by-passed within their geographical confines, that is not the case with the NMP.
Cap in single-brand retail likely to be 74%.
The Department of Industrial Policy and Promotion under the commerce ministry has floated a draft Cabinet note for inter-ministerial discussions on foreign direct investment in aviation.
Most of the 2,000-odd protesting workers have earned a quarter of their salary in the four-month stand-off with the management.
The upcoming round of talks, slated for October 11-12, is expected to be a stormy one.
The gains, they say, would not be sustained, and too much volatility in exchange rates does not benefit them.
Labour Minister Shiv Charan Lal Sharma visited Gurgaon on Wednesday to meet senior department officials to decide on the likely course of negotiations.
Workers' representatives largely giving in on good conduct bond; want revocation of most dismissals, suspensions.
The officials say no "concrete move" has yet been taken to take the matter to the Union cabinet for approval after the recommendation of the Committee of Secretaries (CoS) on July 22 to allow 51 per cent FDI.
Around 75 tariff lines or products from Pakistan would get concessional access to European markets for three years.
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