Sitharaman cancels Myanmar trip at last moment citing launch of Modi's Jan Dhan Yojana.
The Indian government has demanded that the year be changed to a more recent period, taking into consideration the rise in food prices and rate of inflation.
Senior officials say the government might come up with an incentive package for the SEZs following the release of Foreign Trade Policy.
The main issue has been that of a higher Asset Management Ratio as has been prescribed by the Monetary Authority of Singapore for qualifying full banks from India.
Despite public-private partnership projects announced in several rail budgets, the investment since 2000 has been merely Rs 3,000 crore.
With the Union government clearing the way for foreign direct investment (FDI) in the railways, the Railway Board is devising a plan for operations, maintenance and construction projects.
Also the companies should be self-sufficient in product designing and have maintenance and life cycle support facilities.
The loan will be utilised in several developmental projects that Nepal wants to undertake. Nayanima Basu reports.
E-retailer Flipkart has signed a memorandum of understanding with the labour ministry for short-term training of its new employees.
In a turn of events, India on Friday said it was "hopeful" talks for a global deal on easing Customs norms, or a trade facilitation agreement (TFA), would be revived in September, even as it failed to meet the July 31 deadline due to lack of consensus among members over food stockholding and farm subsidies.
Critics have even suggested that India is doing this because it is not prepared to take on the requirements of TFA, with a relatively weak trade infrastructure.
To facilitate foreign direct investment (FDI) in high- speed rail projects, the government is likely to allow private sector entry in operations.
According to a senior commerce department official, though India is ready to sign the TFA and take necessary actions towards that, it is imperative that a discussion on public stockholding gets its due importance.
Walmart, the world's largest retailer, is hoping to get more than 30,000 consumers through its e-commerce pilot project that will be launched in the first week of July.
An inquiry by the safety commissioner has been ordered. Anusha Soni reports
India will raise the issue of illegal immigration, a "major cause of concern" for the country. Nayanima Basu reports
The company is likely to choose one of its existing auditing partners -- PricewaterhouseCoopers, EY (formerly Ernst & Young) and KPMG -- as an advisor for the listing process.
Nets three more foreign brands for exclusive retailing, but the cost of the business model may be high, say experts.
E-commerce pilot for wholesale begins from July in Hyderbad and Lucknow
In a significant departure from tradition, the United States has decided to host Prime Minister Narendra Modi by working out a "special gesture date" around the 69th Session of the United Nations General Assembly meeting that is scheduled to take place on September 26 in New York.
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