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.
Nitin Gadkari, national president of the Bharatiya Janata Party, had Reliance Industries chairman Mukesh Ambani to 'high tea' last evening at his Nagpur residence. The meeting was termed a 'courtesy call'.
The Supreme Court order asking the government to implement the inter-linking of rivers project is expected to change the water situation. Former minister Suresh Prabhu, who headed the task force on this project during the NDA rule, explains the necessity of the project.
Infosys is close to signing an agreement with the state-run Maharashtra Airport Develop-ment Corporation (MADC) to set up an IT campus at an investment of Rs 460 crore (Rs 4.6 billion) at the Nagpur SEZ.
Maharashtra Cabinet changes norms to make present occupiers of slums eligible for rehabilitation.
The state government move comes after cases of forgeries and fraud in property dealings increased. The circular has been issued by the Inspector General of Registration and Controller of Stamps.
Maharashtra is facing trouble on two fronts: economic development and fiscal management.
Though the ruling Congress and Nationalist Congress Party have punctured the Opposition's plan to cash in on anti-incumbency, price rise and corruption, in the municipality poll results in Maharashtra, it is a wake-up call for the former. The Congress, which had emerged as the single largest party in the 2009 assembly elections and bagged 17 seats in the Lok Sabha elections held in the same year, failed to keep its tempo as its NCP partner won more seats.
David Tyler, visa chief at the consulate, said the number of applications for tourist, business and education visas had reached the pre-September 2008 level and they were likely to issue 200,000 visas this year.
The Maharastra government has given the City and Industrial Develoment Corporation (Cidco) an "in principle" approval to hand over 150 hectares of land for the ambitious project.
MMRDA official said that it was already in talks with the World Bank to get funding for the MTHL project.
Now, the 65-year-old leader completes a year in office. It's another matter, which he has yet to settle several administrative and political problems.
Prime minister bats for common standards to be implemented in all jurisdictions.
To bring in more transparency, the Maharashtra government will launch e-payment gateways for stamp duty and registration charges.
Clearly, the analog clock, which is part of its election symbol, is ticking. The Nationalist Congress Party may be a ruling partner of the Congress in Maharashtra, but that does not mean the 1999-founded outfit will always be restrained in its moves to spread its sphere of influence across its native state.
Business and industry leaders from India and Pakistan on Tuesday said the two countries would look up to the 21st century as one of trade - and not of wars.
Amid controversy over the finance ministry's note to the Prime Minister's office (PMO) on awarding licences for 2G spectrum in 2008, a joint parliamentary committee (JPC) is holding a two-day meeting on Tuesday and Wednesday.