The declining exports would have implications for the job market.
The video, produced by Xinhua, China's official news agency, ridicules India and Indians, and has poorly spelt subtitles and racial stereotypes.
For the Congress to be taken seriously, it has to convince those around it that it could actually double its Lok Sabha seat share from the existing 52, and vote-share by a third more from the stagnating 20 per cent in 2014 and 2019, points out N Sathiya Moorthy.
Sources said the railways is keen to ensure that a purely domestic entity bags the tender and once it was felt that the Chinese JV was a frontrunner for the project, it was scrapped.
General Motors also plans to increase sourcing from India over the next 4-5 years to $1 billion annually.
Traders' body CAIT on Wednesday wrote to Reliance Industries chief Mukesh Ambani and 50 other captains of India Inc, including Ratan Tata, Azim Premji, Gautam Adani, Ajay Piramal, Anand Mahindra and Sunil Bharti Mittal seeking their support in its campaign to boycott Chinese goods. The Confederation of All India Traders (CAIT) also urged Kumar Mangalam Birla, Vikram Kirloskar, Rahul Bajaj, Shiv Nadar, Pallonji Mistry, Uday Kotak, Nusli Wadia, Shashi Ruia, Madhukar Parekh, Harsh Mariwala, Satish Reddy and Pankaj Patel, among other prominent industrialists, to join its 'Bhartiya Samaan-Humaara Abhimaan' campaign.
India and the United States are considering yet another initiative to boost bilateral economic relations. Both sides are now mulling a Private Sector Advisory Gr
China is on the lookout for investment pastures where its money is welcome, safe and earns a decent return. India also needs vast investment - about $1 trillion over the next 10-15 years - in infrastructure, green energy, transportation and heavy industry, says Ravi Bhoothalingam.
Stating that India is not witnessing a slowdown in investment, Confederation of Indian Industry president K V Kamath said on Thursday that the country would continue to grow at a healthy rate of 8.6 per cent for the next five years.
The resurgence in confidence in Indian manufacturing was borne out by many examples of Indian companies going global.
Unions claimed that about 10 lakh staff and officers of public sector banks and some private sector banks are participating in the strike.
Israel Prime Minister Ariel Sharon's visit to India is set to establish a strong business platform at the highest level between India and Israel, Avigdor Itzchaky, director general, Prime Ministers Office, Israel, said.
Sunil Chhetri said the players should enjoy the tournament once they have prepared well for it.
'No nation can be self-sufficient in defence, nuclear and space technologies without domestic capabilities in hardware development and manufacturing,' says the Wipro chief.\n\n\n\n
On Tuesday, Modi will share his views with India Inc on 'Getting growth back'.
Modi will be arriving in Mumbai on Friday to inaugurate the 'Make in India' event at the MMRDA grounds in Bandra Kurla Complex followed by an event at National Sports Club ground in Worli.
On the last day of the competition, Yash Vardhan and Shreya Agrawal bagged three gold medals each.
Sitharaman also highlighted the steps taken by the government to achieve ease of doing business by digitisation of approvals and making more stable policies to make India a favourable destination for investors.
Poor infrastructure could result in a loss of $21 billion of investment to other competing countries in Asia and this was a major threat to the realisation of India's projected IT vision for 2008, a Confederation of Indian Industry paper has said.
On November 12, 2021, the Reserve Bank of India (RBI) decided to ring in uniformity in asset classification and income recognition across all lending institutions. Shadow banks, or non-banking financial companies (NBFCs), like commercial banks, are to test non-performing assets (NPAs) on a daily basis and upgrade them to "standard assets" only when interest and principal arrears are settled by borrowers. This is going to create all manner of headaches for shadow banks and their clientele. Says Y S Chakravarti, managing director and chief executive officer (CEO), Shriram City Union Finance: "NPA levels will go up, especially of small borrowers.
With domestic production of milk and dairy products in China not being able to meet the rising demand, India can step in to capture this fast growing market, a Confederation of Indian Industry report said.
He says conditions for entrepreneurship and SMEs needed to be improved for the sake of growth in economy and employment opportunities.
Describing India as one of the few countries with a major potential for development, the visiting President of Switzerland, Pascal Couchepin.
Indian football team's downward spiral in the FIFA rankings continued as it slipped five places to 172nd in the latest chart, on Thursday.
"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.
Expressing regret that some have created "misconception in a planned manner" in the hearts of protesting farmers on these farm laws, the minister said however the government is constantly engaging with such farmer unions.
News of all that's transpired on and off the football field
The probe is being conducted under various sections of the Foreign Exchange Management Act (FEMA) after the central probe agency recently received a communication from the commerce ministry seeking "necessary action" against e-commerce players like Amazon and Flipkart pertaining to certain multi-brand retail businesses and an observation made by the Delhi High Court in relation to Amazon.
India and EU on Monday agreed to resume stalled WTO talks immediately by adopting a flexible approach to narrow the differences on contentious issues like agriculture.
Finance Minister P Chidambaram is likely to meet captains of Indian industry on June 17 so that 12 per cent growth can be achieved in the manufacturing sector.
British Secretary for State for media, culture and sports, Tessa Jowell said on Tuesday that Britain will consider introduction of more flights to India to help boost tourism in both the countries.
India has the world's largest treasure-trove of skilled manpower and is on the way to become a global IT powerhouse.
Commerce Minister Arun Jaitley will inaugurate 'Made in India' show in Beijing on October 16.\n\n\n\n
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