'Birla only made representations to then PM for coal blocks allocation.'
The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.
The award was conferred by French Ambassador Dominique Girard at a function.
Earlier, an inter-ministerial group used to take these decisions.
'If you want Aatma Nirbhar, your policies should favour self-reliance, but your policies do not help the idea.' 'How are we going to be self-reliant if you make things difficult for us?'
'If you wish to expand your business in a competitive global environment, you have no option but to be ethical.'
Though the government has been pushing for exports of high-value manufactured goods across major markets in place of raw materials and input goods, India's top exports to China remain in the raw materials category.
United Bank of India has already declared Kingfisher a wilful defaulter while State Bank of India, Punjab National Bank and IDBI have initiated such a move.
Gopalakrishnan, who is the immediate past President of CII, is the Chairman of the summit.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
The India Economic Summit which would deliberate on ways to enhance India's competitiveness and present the country's perspective to the business world, would begin in New Delhi from November 27-29
R Parasu Raman, chairman, CII -- southern region and chairman and managing director, Novar India Ltd, speaks to Shobha Warrier on the Budget.
In a major liberalisation, the government on Thursday allowed manufacturing of several hundreds of equipment and products in the defence sector without licence.
According to data released on Thursday, Wholesale Price Index-based inflation rose to seven per cent in October from 6.46 per cent in September.
Winning against Covid means thinking ahead, at least six months, putting in place the likely scenarios of what might happen, and then planning. Planning is the role of the government. Having planned, it should communicate what and why. Then, get out of the way, recommends Naushad Forbes.
After contracting for two quarters in a row, the Indian economy entered the positive territory with a growth of 0.4 per cent in the October-December quarter, mainly due to good performance by farm, services and construction sectors, official data showed on Friday. Trade and hotel industry registered a contraction of 7.7 per cent during the third quarter this fiscal, as the sectors continued to suffer on account of coronavirus pandemic. According to the data released by the National Statistical Office (NSO), the farm sector recorded a growth of 3.9 per cent, and the manufacturing sector output grew by 1.6 per cent in the quarter under review.
At 8 million a month, times two doses, it will take us 17 years to administer the vaccine to our 800 million adults. The rollout must speed up twenty times, asserts Naushad Forbes.
While the Narendra Modi government has stuck to its stand that pending payment is Rs 12,343 crore, MSMEs calim outstanding amount is Rs 2-3 trillion. Moreover, MSME ministry's SAMADHAN portal has been of little help.
The Confederation of All India Traders has approached Union Home Minister Amit Shah, Union Health Minister Harsh Vardhan, Delhi Lieutenant Governor Anil Baijal, and Chief Minister Arvind Kejriwal, and urged them to shut markets in Delhi.
India will shortly unveil a 'One Nation-One Card policy' for public transport that will entail connectivity between various modes of transport
The forms might soon come "pre-filled" and taxpayers won't have to fill details such as income, income sources, and personal details
With growing urbanisation in India, nearly 85 crore people are estimated to live in cities across the country by 2050, a latest report by industry chamber CII and realty consultant Jones Lang LaSalle said.
The Indian automotive industry has the potential to reach a size of $33 to 40 billion by 2015 from the current $6.7 billion, chairman of 'CII Auto SCM India 2004,' M Lakshminarayanan, said in Chennai on Friday.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
The Johnson and Johnson and Sputnik vaccines should be approved now, as should the Pfizer and Moderna ones, suggests Naushad Forbes. Leave it to the companies to figure out how to put in place the right chilling infrastructure. Don't let a lack of approvals deprive the country of availability, suggests Naushad Forbes.
India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections released on Thursday. Amid overall decline in economic activities, some respite was provided by the agriculture sector and utility services like power and gas supply, which have been projected to post positive growth during the current fiscal ending March 2021.
The highest water-use efficiency of more than $ 50 per cubic metre is in Oceania, Australia, New Zealand, Singapore, Israel, Denmark, Finland, and Great Britain while the lowest is in Central and South Asia, including India, at less than $ 10 per cubic metre.
India could break the chains of under-achievement and begin attaining higher rates of economic growth in the 1990s only after it discarded the influence of that Soviet model, said Bharatiya Janata Party President L K Advani.
With India's GDP clocking a lower contraction of 7.5 per cent in the September quarter, industry and experts expressed confidence of further recovery in the coming months and said the government's actions are bearing fruit. In a tweet, Vedanta chairman Anil Agarwal said, "Q2 #GDP numbers show that economy is recovering. Government's efforts on stimulus and reform are showing results. Hopefully, we will have positive growth in H2 FY21 and double digit growth in FY22."
The ongoing economic slowdown seems to have weighed down on the confidence of India Inc.
India Inc gave a thumbs up to the UPA-II's last Union Budget before the general elections next year and said Finance Minister P Chidambaram presented a "bold" and "growth-oriented" Budget.
The study draws attention to the contribution of the Indian industry
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
The steel major, which had shifted its headquarters to Luxembourg had approached the authorities for related licenses.
Commerce Minister Arun Jaitley will inaugurate 'Made in India' show in Beijing on October 16.\n\n\n\n
The CII meet was ideal for laying out details of concrete policies. But Rahul Gandhi did not choose to speak in concrete terms. Devangshu Datta examines
Today, when you buy a door or a window in wood, you are not aware that you are depleting forests. Tomorrow, your wood will have to be certified that it is from a sustainable forest, says R Parasu Raman, Vice Chairman, WGBC.
