Nayanima Basu &Amp; Indivjal Dhasmana

Stories by Nayanima Basu &Amp; Indivjal Dhasmana

New tax norms will be a burden for India Inc

New tax norms will be a burden for India Inc

Rediff.com   29 Oct 2012

Analysts warn that complying with the new standards will be a cumbersome process for companies, particularly smaller ones.

India's problems not easy to understand: Stiglitz

India's problems not easy to understand: Stiglitz

Rediff.com   18 Oct 2012

Investor confidence, in general, in the world is weak and that has spilled over in India.

Why is FinMin upbeat on fiscal deficit?

Why is FinMin upbeat on fiscal deficit?

Rediff.com   20 Sep 2012

Despite rising subsidy bill, says fuel price action and other steps in contemplation would keep it at 5.3% of GDP, not more

India yet to revert to 9 per cent growth

India yet to revert to 9 per cent growth

Rediff.com   14 Sep 2012

The tide of the global economy has again turned to anti-growth in general.

Exporters alarmed as export sees double-digit drop

Exporters alarmed as export sees double-digit drop

Rediff.com   27 Aug 2012

Exporters, who were banking on the foreign trade policy (FTP) announced this year, have started becoming jittery as merchandise goods' exports have fallen around 15 per cent in July.

Govt set to notify 51% multi-brand retail FDI in Sep

Govt set to notify 51% multi-brand retail FDI in Sep

Rediff.com   20 Aug 2012

Notification after Parliament session; execution ball to be in states' court.

IKEA might pass Zara barrier

IKEA might pass Zara barrier

Rediff.com   17 Aug 2012

Brand name rule might be waived for Swedish major's mega investment proposal, indicates DIPP; final revision of its application likely by end-August.

Carbon emission: EU to impose penalty

Carbon emission: EU to impose penalty

Rediff.com   19 Jun 2012

Airlines whose carbon emissions are more than prescribed cap have to reduce emissions or pay for it z

India to grow 6.5-7 per cent in FY13, says Montek

India to grow 6.5-7 per cent in FY13, says Montek

Rediff.com   19 Jun 2012

Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday pegged India's growth this financial year at 6.5-7 per cent. He added the country had taken various steps to boost investment, the results of which would be seen in six months.

FDI from Pak: RBI to issue notification by month-end

FDI from Pak: RBI to issue notification by month-end

Rediff.com   18 Jun 2012

The Department of Industrial Policy and Promotion (DIPP) has finally sanctioned the proposal of allowing foreign direct investment (FDI) from Pakistan. But the final notification will be issued by the Reserve Bank of India (RBI) within the next couple of weeks. The move will be unprecedented in the bilateral trading relations between both the nuclear-armed neighbours.

Europe's financial mess hurting India's economic growth: PM

Europe's financial mess hurting India's economic growth: PM

Rediff.com   18 Jun 2012

Prime Minister Manmohan Singh on Saturday asked European countries to take firm steps to fix the continent's financial mess, which was hitting India's economic growth and dampening global markets.

Govt to relax SEZ land norms soon

Govt to relax SEZ land norms soon

Rediff.com   11 Jun 2012

Requirements on minimum size, contiguity and vacant stretches to be eased; MAT and DDT to stay

Petrol price rise offers FDI hope to retail chains

Petrol price rise offers FDI hope to retail chains

Rediff.com   25 May 2012

The oil companies raised petrol prices by Rs 7.50 on Wednesday, a tough but unpopular decision which many see as a strong signal from the government that it's now stepping on the reform pedal.

D K Mittal front runner for post of commerce secretary

D K Mittal front runner for post of commerce secretary

Rediff.com   16 May 2012

Even as the government today gave Saurabh Chandra, secretary, department of industrial policy and promotion (DIPP), the additional charge of secretary, Department of Commerce, Dinesh Kumar Mittal has emerged as the front runner for the post.

'Need transparency in talks between govt and businesses'

'Need transparency in talks between govt and businesses'

Rediff.com   7 May 2012

Corporations and business associations must strengthen their direct communications and consultations with citizens - and earn the trust of society.

India, US head to WTO on visa, poultry issues

India, US head to WTO on visa, poultry issues

Rediff.com   10 Apr 2012

India asks for consultations on rise in professional visa fee that hurts IT companies' interests

New Five-Year Plan commences without final shape

New Five-Year Plan commences without final shape

Rediff.com   2 Apr 2012

Like the previous two plans, the 12th five-year Plan (2012-17) also officially began without a final document in place.

Post-Budget pessimism on investor interest in SEZs

Post-Budget pessimism on investor interest in SEZs

Rediff.com   22 Mar 2012

In the wake of the Union Budget proposals, developers of Special Economic Zones (SEZs) say the scheme is heading for an end, with investors' interest certain to reduce drastically.

Budget may be a dry affair for exporters

Budget may be a dry affair for exporters

Rediff.com   13 Mar 2012

Officials have stated the finance ministry is also contemplating doing away with some of the key export promotion schemes, to check revenue leakage -- such as the advance licence scheme and export promotion capital goods scheme.