Industry bodies said India's move to grant the status to Pakistan had not made much of a difference as it was not reciprocated
The study on 'Growth Trend of Small Savings Schemes' revealed that collections under different small saving schemes run by state and Central governments registered a 21 per cent drop in 2006-07.
The mobile value added services are poised to grow by over 65 per cent to touch Rs 8,200 crore (Rs 82 billion) by the end of this fiscal from Rs 4,950 crore (Rs 49.50 billion) in the last fiscal, according to an estimate by industry body Assocham.
The textiles sector was most affected witnessing a massive drop in contractual employment as outward shipments shrank
The Indo-Thai free trade agreement is likely to be signed by September. The agreement will initially cover goods and include services and investment at a later stage.
Expressing shock and concern over the blasts in Mumbai and Srinagar, industry chambers on Wednesday said such incidents would not deter foreign investors from pumping their money in India.
The allegations by an unnamed person, who claimed to be an ex-colleague of Johri at the Discovery Channel, were posted on Twitter by an author, Harnidh Kaur, who later stated that she did not want the charges published nor her name used in the context.
When it comes to financial health Haryana, Delhi, Orissa are the best performing states in the country, while Bihar, Jharkhand and Kerala need to cut both fiscal and revenue deficits, an Assocham study has shown. Haryana had the minimum fiscal deficit of 0.6 per cent in financial year 2006-07, though marginally up from 0.3 per cent in the previous year. New Delhi was at the second spot with 0.7 per cent fiscal deficit while its revenue account showed 3.57 per cent surplus.
Videocon will set up an LCD manufacturing unit at Shenzen, China, at an investment of 1.5 billion dollars, to tap the Chinese market as well as exporting to other countries.
Is pesticide consumption in Indian farms the highest in the world? Several global reports have ranked India among leading pesticide consuming countries
Government on Tuesday made it clear that full float of rupee would be allowed only after putting in place a regulatory mechanism to ensure financial stability and creating congenial atmosphere like containing revenue and fiscal deficits.
While maximum students preferred work profile and growth opportunities, only five per cent of them opted for fat salaries, the survey said.
World Bank on Friday offered to help India to improve its public procurement system and said even a marginal improvement in efficiency can yield huge savings.
A leading industry chamber on Wednesday said it estimated the three-day shutdown by traders in the national capital to have cost Rs 7,000 crore (Rs 70 billion) in terms of business loss.
India spends only 20.7 per cent of its total health expenditure on public health services, far less than Bangladesh, China and Pakistan, which contribute 25 per cent, 34.9 per cent and 45 per cent respectively, a study revealed.
The growth in the domestic and international cargo traffic is also estimated to reach 4.5 per cent and 12 per cent over next 10 years.
Operating systems are increasingly subject to cyberattacks, as many are built around legacy technologies with weaker protocols
The government announced a Rs 1000-crore (Rs 10-billion) project to convert wireless operations of defence services on Optical Fibre Cable, a move that is estimated to release 45 MHz of spectrum.
The top five states cornered 30 per cent of the total investments.
United States-based telecom vendor Motorola on Wednesday said it will once again join the race in case fresh bids were called.
The Bangladeshi prime minister said that India's sudden decision to stop onion exports has led to a bit of difficulty for her countrymen.
The country is likely to miss the export target of $160 billion for 2007-08 by at least $15 billion due to the strengthening rupee, an Assocham study has said.
China's savings rate is above 40 percent, while India's is in the range of 20 to 30 percent.
Rise in mercury level with every passing day coupled with long power cuts, the demand for inverters and generators is likely to see 20-25 per cent increase in the National Capital Region, Assocham said on Tuesday.
According to the Assocham Eco Pulse study, the 14 per cent growth in exports to countries like the US, UAE, Singapore, China and Germany responded to the growth in their real GDP.
Unions, which are protesting against FDI in the banking sector, are pressing for various demands.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
Banks have played a critical role in infrastructure financing.
India's aim to become a manufacturing services outsourcing hub could be quashed if admission to prestigious institutions like the IIMs and IITs are based on a caste quota rather than students' merit, Assocham said on Monday.
Rajnath also pitched for incentives in defence manufacturing, Singh said foreign companies are not only interested in investing in India but also ready to transfer technologies.
With the prices touching a two-year high, CEOs of leading companies expect a cut in corporate tax and measures to boost the capital markets in the Budget 2007-08 to be presented on February 28.
"The government is taking and will continue to take all possible measures aimed at making India the gold hub of the world," Company Affairs Minister P C Gupta told a global gold summit organised by Assocham.
Charging the UPA top brass of aligning with industry chambers and not paying heed to coalition partners' demands, Left leaders on Friday said the forthcoming Budget should restore capital gains tax, rationalise corporate tax exemptions and export inc
The presence of Fortune 500 companies will double in Gurgaon to over 40 per cent by 2010 as the city would establish a hub for knowledge economy by then, an Assocham-Deloitte paper said on Tuesday.\n\n
The IT and ITes sector will contribute to seven per cent of the country's GDP by 2007-08 from 4.8 per cent in 2005-06, a senior government official said on Wednesday.
