Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.
The environment ministry till May 2014 (still under UPA) ordered that cases like Vedanta's expansion plans need to consult people. But in December 2014, the NDA government reversed this position and in March 2015 the environment ministry extended Vedanta's environmental clearance till December 2018. This it did even while the question of the need for public hearing by projects in different kinds of industrial parks was being contested in the courts. This allowed the company to carry out construction.
'An internationally established price of crude will encourage more players to invest in India, leading to enhanced domestic production which can be made available to domestic refineries,' recommends Anil Agarwal whose company Vedanta Resources has a controlling stake in Cairn India that operates the country's biggest onland oilfield in Barmer, Rajasthan.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
The government has already said it is keen on starting ore mining and exports.
Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore (Rs 400 billion) target in the current fiscal.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
Growing and harvesting trees for productive and economic uses are once again dead in the water, says Sunita Narain.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
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According to media reports, CBI is looking into the entire process at the then NDA government and has asked for information from the mines ministry.
Ambani brothers on Wednesday showered lavish praises on Prime Minister Narendra Modi saying, India has now got a decisive and visionary leader.
Few lessons world leaders can learn from Tim Cook.
The company is looking to invest more than $3 bn over the next three years.
More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
Govt diverts Rs 253-crore subsidy savings to the poor.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
LCD displays could be produced in India in the near future.
The announcement declaring New Delhi Municipal Council a winner of the smart city challenge came when the rest of Delhi was drowning in urban waste.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
The task of Union Finance Minister Arun Jaitley to keep inflation under check, even when the country reeled under severe drought for two years in a row, and reduce the current account deficit, was made easier by low crude oil prices.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
Meanwhile, key BJP ally skips event to mark first year of Yogi govt.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
Cabinet may tweak Rangarajan formula; new price may be further delayed.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Cairn has slashed its planned capital expenditure (capex) by 60 per cent to $500 million against the earlier $1.2 billion.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
Banking stocks, including top ones like State Bank of India, ICICI Bank, HDFC Bank, Bank of Baroda and Bank of India, among others, have fallen sharply in the last one month.
'As of now there are no mining activities,' but 'who knows the future?'
5 things to look at when companies go for mergers and acquisitions.
He wants to transform his retail-led enterprise into a consumer goods giant, and reach Rs 1 lakh crore in turnover by 2021, but is that feasible?
If Paris really meant to serve as a landmark in recognising equity in climate negotiations, it should have heralded the second phase of the Kyoto protocol. Instead we have all countries, India and China included, all signing up with voluntary commitments in what can only be seen as a race to the bottom, reports Darryl D'Monte.
Urban Indians are developing a taste for freshly brewed and bottled craft beer.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
'It is my duty to give the govt the right price of crude oil.'
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
Modi government has to come up with a robust economic agenda to impress the masses.
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