Nayanima Basu &Amp; Nivedita Mookerji

Stories by Nayanima Basu &Amp; Nivedita Mookerji

DIPP proposes downstream route to bypass FDI caps

DIPP proposes downstream route to bypass FDI caps

Rediff.com   27 Jun 2011

Says allow companies with up to 49% FDI to invest in restricted sectors.

New food safety law to cost India Rs 15,000 cr

New food safety law to cost India Rs 15,000 cr

Rediff.com   16 Jun 2011

The Planning Commission is expected to take a call soon on the expenditure, which will be a component of the health ministry's 12th plan allocation. The ministry is expected to pitch for doubling the allocation for the overall health sector, it is learnt.

India, Asean to push services, investment deal

India, Asean to push services, investment deal

Rediff.com   15 Jun 2011

Meeting is on June 24-25 on stalled pact, agreement likely by year-end.

RIL looks to re-enter cash-&-carry

RIL looks to re-enter cash-&-carry

Rediff.com   6 Jun 2011

RIL had earlier decided not to pursue the cash-and-carry model due to a number of reasons, including a growing unrest towards organised retail.

India against new texts for WTO talks

India against new texts for WTO talks

Rediff.com   31 May 2011

Even as the debate around whether the Doha Round of global trade talks would be concluded by the year-end or not gain momentum, a cohort of developing countries, specifically India, has refused to accept the April 21 texts which call for mandatory sectoral tariff cuts as the basis of negotiations, despite US pressure.

Pakistan to grant India MFN status before October

Pakistan to grant India MFN status before October

Rediff.com   30 May 2011

Trade between India and Pakistan reached $1.85 billion in 2010-11, compared to $3 billion with Sri Lanka.

No progress in efforts to attract FDI in defence

No progress in efforts to attract FDI in defence

Rediff.com   25 May 2011

At present, a maximum of 26 per cent is allowed in the defence sector.

Bharti Walmart outpacing 2007 growth target

Bharti Walmart outpacing 2007 growth target

Rediff.com   25 May 2011

As against the 2007 target of 10-15 stores in seven years, it is planning to touch around 25 cash and carry outlets in India by the end of 2012.

India-Africa trade to reach $70 bn by 2015

India-Africa trade to reach $70 bn by 2015

Rediff.com   19 May 2011

Political leaders, industrialists and businessmen are increasingly looking to tap the resource-rich countries of the world's second largest continent even as two-way trade between India and Africa is poised to reach $70 billion by 2015 from $46 billion at present.

Changes coming on food safety rules

Changes coming on food safety rules

Rediff.com   16 May 2011

Formulation of food recall procedures in case of unsafe or hazardous products, mandatory compliance with GAP (good agricultural practices) for big retailers, labelling changes for packaged food items, organic food certification, setting water quality standards and verification of claims by food supplement companies are among the major reforms being planned by the sector regulator and the government.

Real estate draft bill may help home buyers

Real estate draft bill may help home buyers

Rediff.com   11 May 2011

Concept of a real estate Bill has been around in the government for almost 10 years now.

Export basket shows distinct shift

Export basket shows distinct shift

Rediff.com   9 May 2011

Analysts believe engineering exports would soon dominate the country's foreign trade, thanks to a conscious policy shift towards building strength and capitalising on critical industries such as engineering and chemicals.

India, Pakistan trade pact after grant of MFN

India, Pakistan trade pact after grant of MFN

Rediff.com   3 May 2011

While Pakistan has been showing considerable interest in having a bilateral trade deal with India that would help them access the country's booming markets, India has stated this can only become a possibility only when it recognises India as their non-discriminatory trading partner, commerce secretary Rahul Khullar told in an interview.

Unitech says brand not hit by 2G scam

Unitech says brand not hit by 2G scam

Rediff.com   28 Apr 2011

Unitech founder and chairman Ramesh Chandra gets into office at 9.30 am every weekday and leaves at 4 pm sharp. That has been the work schedule for Chandra, 70, over several years, perhaps decades.

Satellite town plan to go beyond 2012 deadline

Satellite town plan to go beyond 2012 deadline

Rediff.com   21 Apr 2011

The pilot scheme to develop satellite towns around seven mega cities will spill over to the 12th Plan period (2013 to 2018), as against the original deadline of April 2012.

India-Asean goods FTA faces hiccups

India-Asean goods FTA faces hiccups

Rediff.com   6 Apr 2011

The India-Asean free trade agreement (FTA) in merchandise goods has failed to realise its full potential, even as the deal was implemented in January 2010 to facilitate greater trade in the region. As a result, reduction of duties on several products might get delayed.

'Retail policy focuses on the wrong end'

'Retail policy focuses on the wrong end'

Rediff.com   28 Mar 2011

Walmart is still waiting for the multi-brand retail sector to open for foreign direct investment.

We want an ambitious outcome from Doha: US

We want an ambitious outcome from Doha: US

Rediff.com   17 Mar 2011

The US has emphasised on the need for an "ambitious and balanced outcome", even as the World Trade Organization (WTO) is gearing up to circulate another set of texts to push all its 153 members to wrap up the Doha Round of global trade talks by the end of this year.

Real FDI fall not as sharp as magnified: Study

Real FDI fall not as sharp as magnified: Study

Rediff.com   17 Mar 2011

FDI is essentially long-term investments that come with added benefits such as better technology, management and marketing assistance, says the study.

Health Min may ban two drugs soon

Health Min may ban two drugs soon

Rediff.com   16 Mar 2011

The move comes after international studies revealed that Gatifloxacin posed 17 times higher risk of developing serious hyperglycemia than other antibiotics in elderly patients.