The government on Monday approved the proposals of Reliance Industries, Wipro, Hewlett Packard and Biocon to set up Special Economic Zones -- a move that is expected to generate at least 67,000 jobs by March 2006.
Cement makers have agreed to hold prices for a year, but refused to roll back the recent price hike, Commerce and Industry Minister Kamal Nath said on Friday.
The government should stick to the recent clarifications released on FDI in multi-brand retail trading and not ease the conditions for foreign retailers.
The government expects foreign direct investment into India to cross $7 billion in 2005-06, with auto and mining sectors expected to attract huge funds.
The government is also trying to curb child abuse and pornography and such platforms act as catalysts in these cases.
The government would not withdraw fringe benefit tax, which was introduced in the 2005-06 Budget, but the process would be made less painful, Central Board of Direct Taxes chairman M S Darda said on Friday.
The United States has accused several Indian companies, including industrial giant Reliance Industries, of "dumping" bottle-grade polyethylene terephthalate resin, used to manufacture bottles, sheet and strapping for the packaging industry, in Americ
Increased gold trade between India and Dubai scaled up trade between both the countries by 37.9 per cent at $11.8 billion in 2005, compared to the previous year.
India on Tuesday mooted a marketing policy for the sector though domestic players opposed any move to allow overseas investments in the retail space.
Balavidyalaya in Chennai is probably India's only school for the deaf that trains the child and (one) parent for free.
India expects an inflow of $12 billion foreign direct investment into the country during the 2006-07 fiscal, a government official said on Saturday. \n
The United States disputed India's stand that its proposal for reduction in trade-distorting domestic support for the agricultural sector did not amount to "real cuts".
In its letter Voda Idea has warned that it is not in a sound financial state, and added that it would be in a position to meet its liabilities only if the government initiates steps including allowing set-offs for GST credit accumulated so far, and permitting staggered mechanism for payment of balance amount of interest, penalty, and interest on penalty.
The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.
While the talks are still at a preliminary stage, sources said major retail players had held discussions with Amazon
The commerce and industry ministry has fixed a tentative export target of $104 billion for the next fiscal, against a target of $92 billion for the current fiscal.
The removal of the six Indian facilities from the Department of Commerce's Entity list is expected to reduce the number of licence applications for exports and re-exports to India.
Apple sought exemption from mandatory local sourcing of components for its products
'It was the Mughals who first established standard units of measurement and maintained offices of meticulous record keepers and auditors, departing from the more haphazard methods of earlier regimes.' 'By the end of the 16th century, their revenue and judicial administrations exhibited an obsessive preoccupation with order, the efficient management of time, and a spirit of rational self-control -- all of them characteristics of early modernity,' point out Sheldon Pollock and Benjamin Ellman.
Stay ahead of the game; learn the tricks from Ecom king Jack Ma.
Ajit Balakrishnan on how the Web could return to its original egalitarian goals.
Kamat was a Member of Parliament for the Mumbai North West constituency in 2009 and the Mumbai North East constituency in 1984, 1991, 1998 and 2004.
It came down from $1.94 billion in 2009-10 to $1.17 billion the next year and to $1.11 billion in 2011-12.
Once again, tax demands on foreign investors cause worry.
The government on Wednesday cleared the setting up of an Investment Commission to woo foreign as well as domestic investors for major projects in the country.
The Central Bureau of Investigation on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries in New Delhi and in Mumbai.
This FDI includes equity, re-invested earnings and other capital.
Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.
India's exports grew 23.83 per cent year-on-year in February to $9.70 billion, while imports were up at 30.10 per cent to $14.36 billion, government data showed on Monday.
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