The government liberalised FDI policy in sectors, including multi-brand retail, single-brand retail, commodity exchanges, power exchanges, broadcasting, non-banking financial institutions and asset reconstruction companies.
Enthused by improving global economic scenario and a renewed wave of reforms back in India, IT giant Infosys says it is bullish over better growth prospects of IT sector in 2013 and expects greater job creation this year.
One moment you can find access to certain parts of the town very difficult while the very next minute you may also run into a security personnel or police officer who is escorting you till your destination even if you just ask for the way.
The head of India's largest private sector bank, who is in Davos in this Swiss Alpine resort town for the World Economic Forum Annual Meeting, said that the central bank has already in its last policy statement, indicated monetary policy easing in the fourth quarter of the current fiscal.
Recent measures by Indian government to push economic reforms have dispelled fears of policy paralysis, while some more steps are needed for reviving investments and ensuring that household savings go into productive sectors, top banker Chanda Kochhar said.
India on Thursday said it will support a candidate from a developing country for the top post of the the World Trade Organization (WTO) that is to be decided by the end of May.
According to the report, the competition deficit is more pronounced in three core areas -- innovation and entrepreneurship, mobilising talent, and product and service market efficiency.
Nath, who is leading the Indian delegation at the annual World Economic Forum meeting in Davos, also said that even the US or Europe would not have seen as many reforms that happened in India.
The company, which is one of the strategic partners for WEF annual meeting at Davos, hosted one of the first company receptions for this year's meeting on January 22.
The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.
The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.
The six-day long World Economic Forum annual meet, which will see participation of over 100 Indian business and political honchos as well as global leaders, began here today and fiscal woes in the world economy are expected to dominate discussions.
Rather than fighting soldiers from an enemy country, they are busy keeping snow out of the roads leading to this Alpine Swiss resort town and its Congress Centre, which would play host to over 1,500 top leaders and thousands of others, including spouses of rich and powerful, their accomplices, journalists, the organisers and support staff.
Switzerland will be able to provide banking and other details sought by other countries, including India, from next month about a 'group of persons' even without their individual identification, provided the information has not been requested as part of some 'fishing expedition'.
Indian-origin politician Halimah Yacob scripted history on Monday by becoming the first woman speaker of Singapore's parliament, replacing Michael Palmer who was forced to quit over his extra-marital affair.
President Pranab Mukherjee, Prime Minister Manmohan Singh and a host of political leaders condoled the death of the girl and paid rich tributes to the victim of the sexual assault for her brave fight
The financial services industry, especially banking, is in the midst of massive upgrade of existing IT set ups to cope with future regulatory and customer-driven online and mobile services, said Vijay Sharma, vice president & head domain & industry advisory services for banking, financial services and insurance.
Its three-year compounded growth rate is 119.8 per cent.
Singapore-based investment and business consultancy expects 50-60 Indian firms setting up operations in China.
TCS has got a special recognition for its initiative to the lift of one million people in the inner part of India, by reaching out to the educated among the backward community and training them as well as making them economically-active through employment, TCS' Singapore-based President Vish Iyer told PTI on Monday.
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