In a move that could improve the weakening sentiment in the Indian textile industry, the government is set to sign a free trade agreement (FTA) with the European Union (EU) by the end of the current calendar year.
In an interesting meeting scheduled for July 13, Pranab Mukherjee, the ruling United Progressive Alliance coalition's nominee for the Presidential election, would be calling on Shiv Sena chief Bal Thackeray, to thank him.
Change in strategy to reduce cost, as prices and cost of funds increase, with lease charges being much cheaper than purchase
CM Prithviraj Chavan indicates issue to be discussed once again by Cabinet
The state government, through its various undertakings, has launched infrastructure development projects worth Rs 1.03 lakh crore (Rs 1.03 trillion) in Mumbai and surrounding areas.
Sushil Kumar Modi tells Business Standard the spirit of collective federalism needs to be heeded by all sides if the key reform is to become a reality.
The new rules are expected to reduce power cost.
A recent report by Barclays Capital, the global consultancy firm, forecast the Certified Emission Reduction price to surge 92 per cent in the first half of this year.
BJP National Secretary Kirit Somaiya alleged the current rupee dollar fluctuation was a major scam and it needed to be investigated by an expert group on a par with special investigation team.
The Maharashtra Food and Drugs Administration has initiated action against manufacturers of medicines and instruments, newspapers, TV channels and cable operators making outrageous claims through advertisements.
Gold ($1,895 an ounce) superseded platinum ($1,872 an ounce) for the first time on September 5, 2011, due to rising investment demand of the yellow metal as a hedge against the global economic uncertainty.
The peace between erring employees and the company was brought in after the intervention of Nashik Deputy Labour Commissioner R S Jadhav.
Mumbai's realty sector will protest against an alleged decision deficit and policy paralysis in both the state and central governments besides various pertinent agencies.
Prithviraj Chavan said, "I will meet Anna Hazare and will discuss at length on a range of issues. The state government is committed for a strong Lok Ayukta. Besides, my effort has been to bring in transparency in administration and sanity in governance. During my tenure as the chief minister of Maharashtra since November 2010, I have given priority for a public cause and not for personal gains. Discretionary powers have been reduced."
Welspun Maxsteel, wholly owned subsidiary of the $3-billion Welspun Group, has kept its proposed steel factory plan in Maharashtra on hold due to the shortage of raw material and energy. The delay in environment clearances has also forced the company to keep the project in abeyance for now.
William D Gallo, president and chief executive officer, tells Sanjay Jog they propose to make India a hub to source solar technology for their international operations.
On the contrary, cotton exports are eligible for claiming one per cent duty drawback.
The Comptroller & Auditor General of India has castigated the Maharashtra government for alleged irregularities in the sale and allotment of land in the past eight years, resulting in loss to the exchequer.
Stay out of Mumbai surveillance project, may seek new allies for future
India's gross domestic product (GDP) can grow at seven per cent or more, provided the process of reforms is expedited, the World Bank has said.