Also the companies should be self-sufficient in product designing and have maintenance and life cycle support facilities.
The loan will be utilised in several developmental projects that Nepal wants to undertake. Nayanima Basu reports.
In a turn of events, India on Friday said it was "hopeful" talks for a global deal on easing Customs norms, or a trade facilitation agreement (TFA), would be revived in September, even as it failed to meet the July 31 deadline due to lack of consensus among members over food stockholding and farm subsidies.
Modi praised the contribution of nuclear scientists in the successful implementation of India's three-stage nuclear programme.
Critics have even suggested that India is doing this because it is not prepared to take on the requirements of TFA, with a relatively weak trade infrastructure.
According to a senior commerce department official, though India is ready to sign the TFA and take necessary actions towards that, it is imperative that a discussion on public stockholding gets its due importance.
Santosh Kamath, partner (infrastructure and government services), KPMG in India, expects an extension of a tax holiday for the sector.
Cabinet sub-committee to review the situation and take necessary steps.
India will raise the issue of illegal immigration, a "major cause of concern" for the country. Nayanima Basu reports
Congress leader Sushilkumar Shinde left for New Delhi on Monday, where he is expected to meet Congress President Sonia Gandhi and submit his views on the change of leadership in Maharashtra and also suggest measures to revive the party ahead of the assembly elections slated for September-October.
The ruling Nationalist Congress Party in Maharashtra clarified on Sunday that it had received no proposal from the Congress for a merger nor did it have any such plan in the run-up to the election to the 288-member state assembly slated for September-October.
Nationalist Congress Party president Sharad Pawar on Sunday declared that he was not going to be the party's chief ministerial candidate for the forthcoming Maharashtra assembly election slated for September-October.
In a significant departure from tradition, the United States has decided to host Prime Minister Narendra Modi by working out a "special gesture date" around the 69th Session of the United Nations General Assembly meeting that is scheduled to take place on September 26 in New York.
Pankaja Munde -- who lit the funeral pyre of her father Gopinath Munde on Wednesday at his ancestral village of Parli in Maharasthra along with Prime Minister Narendra Modi and party general secretary Amit Shah -- will lead the the Bharatiya Janata Party's campaign for the assembly elections scheduled for later this year.
FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.
The party has to zero in on its chief ministerial candidate from one of three leaders -- Union Minister for Surface Transport Nitin Gadkari, state BJP president Devendra Fadnavis and Leader of Opposition in the state council Vinod Tawde. But the biggest handicap with them is that they can't match Munde in terms of popularity.
Party insiders say the high command could consider replacing state chief Manikrao Thakre, reports Sanjay Jog.
At present, the NMP states a series of fiscal incentives, including tax sops, will be offered but only to small and medium enterprises.
Prime minister-elect Narendra Modi's first official visit as head of government will likely be to Dhaka, where he is expected to sign the much-awaited Teesta water-sharing agreement with Bangladesh Prime Minister Hasina.
Special 301 Report expresses concern over weak IPR laws, to conduct reviews.
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