Reversing a six month declining trend, WPI inflation moved up marginally to 0.11 per cent in December mainly because of increase in prices of food items.
Credit Suisse First Boston, a leading investment banker, has scaled down India's GDP growth from 5.7 per cent to 5.4 per cent for the financial year 2002-03.\n\n\n\n
GFA shoots down AFC claim, says no evidence
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The rate cut, the industry chambers argued, could have given a positive signal to the manufacturing sector, which is undergoing difficult times.
The Indian industry stands staunchly opposed to job reservations in the private sector, Bharti Group promoter and Confederation of Indian Industry vice-president Sunil Mittal has said as he vowed to fight the move at every fora.
Over a year after the deadline to grant Most Favoured Nation (MFN) trading status to India, the Pakistani government on Thursday declined to specify any time limit to meet the long-pending demand from here.
For the 2009-10 fiscal, Pranab said, he expects the economy to grow by 7.2 per cent.
'Birla only made representations to then PM for coal blocks allocation.'
CAIT has attributed its displeasure to the economic downturn, and indifferent attitude of ministers/officials towards domestic trade.
The smartphone category as a whole was expected to spend around Rs 1,000 crore on marketing and promotional activities over the next six months, even as India unlocks gradually, said media industry experts. This spending is expected to come down, as firms temper their launches.
These maps can facilitate development of smart cities in little ways that add up to huge economic benefits for citizens
'The government should put the whole road map together for the vaccine and decide how industry can support...' 'They should allow the private sector to vaccinate.'
'If governance ensured we were poor during the socialist period, it now ensures that we do not get rich.'
Almost 70 per cent of alcohol distribution in India happens through liquor vends or shops, while 30 per cent happens on-premise, that is, in bars, pubs, and hotels.
Indian economy has the resilience to sustain high growth despite shocks like spiralling oil prices, economic affairs secretary Rakesh Mohan said on Wednesday.
Government should focus on achieving 12 per cent growth in manufacturing if the GDP has to grow by 8-9 per cent or higher on a sustainable basis
Owing to the poor market conditions and tepid sentiments, the size of the show has shrunk compared to the last edition, which took place in 2018. A majority of the two-wheeler makers, and several car and commercial vehicle makers, have opted out of this year's show, which opens for the media on Wednesday.
Traders are 'chowkidar' (watchman) of Indian economy, CAIT secretary general said.
On the telecom sector, he demanded auctioning of more spectrum.
The development comes amid a growing clamour for the boycott of Chinese products in India, combined with the government's push for Aatmanirbhar Bharat.
Though there are many Indian information technology companies in China, none ever receives an order from a Chinese company or the government.
Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain
RBI has cut the rates thrice so far in 2015 by 25 bps each.
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.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
Speaking at the Global Innovation and Technology Alliance Platform in New Delhi, T Ramasami, Secretary, Department of Science and Technology said, India has captured a grassroot innovation system through formal structures.
The Indian community in Australia and the Pacific will get an opportunity to contribute between India and countries in the region at the 7th Regional Pravasi Bharatiya Divas Convention in Sydney, a top Indian diplomat has said.
Speaking at industry association CII's annual session, PM Modi said the government has taken tough steps to fight the coronavirus pandemic and has also taken care of the economy. "On the one hand we have to safe the lives of our people and on the other hand we have to stabilise the economy and speed up the economy," he said. "Yes, we will definitely get our growth back," he asserted.
Asked if the impasse with 'minus one' would continue, he said he hopes that someday even the 'minus one' comes around to regional cooperation.
'I would recommend two parts to fiscal support. One, support the lower end of the society by direct intervention through ways such as direct benefit cash transfer. Second, give fiscal support to the stressed sectors in line with the Rs 3-lakh crore (Rs 3 trillion) emergency credit line guarantee norms'
In its 19-page Standard Operating Procedure for resumption of training as well as competitions, the Boxing Federation of India has mandated health protocols similar to what the Sports Authority of India has suggested.
The previous United Progressive Alliance government had permitted up to 51 per cent foreign direct investment in multi-brand retail but the current National Democratic Alliance government is opposed to it.
Among other demands, the unions are also seeking immediate introduction of five-day week in full and reduction of cash transaction hours and regulated working hours.
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
Poor policymaking, a fractious industry and the cockeyed nature of regulations are to blame, saya Vanita Kohli-Khandekar.
Realising the importance of sustainable development, Indian companies are increasingly taking into account the environmental impact of businesses while taking decisions, industry body Confederation of Indian Industry said on Wednesday.
While the national population explosion places nearly intolerable strains on India's physical and social infrastructure, the country's democracy is so dysfunctional that it is reasonable to ask whether it can rise to the looming economic and demographic challenges.
The 2020 international calendar concluded with the three tournaments in the Asia leg which was conducted in Bangkok in successive weeks.
The Right needs an apparently potent and dangerous foe to keep its own followers in line. If they lower their guard, the insidious enemy may creep in, argues Amulya Ganguli.
An agreement to set up an Indian technology centre in Moscow to promote commercial use of Russian technology will be signed during Science and Technology Minister Kapil Sibal's visit beginning today.
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