"We are ready with our money but it's so difficult to get a business visa to India,'' said Dr Abdul Rahman A Al Rabiah, managing director of Alrabiah, a consulting and engineering services company. Quoting instances, Rehman said, "Business leaders who have five-year multi-entry visa into the UK and Europe are merely given a three-month visa for India.''
New Delhi had suggested this date for resuming the service.
Rising crude oil prices along with hardening interest rates in the domestic market have taken a toll on India Inc's growth outlook in the first quarter of the current fiscal.
Increase in the value of Rupee combined with rising interest rates has resulted in erosion of profitability and competitiveness of Indian exports by up to 12 per cent, according to a report by Ficci.
However, the number of renewals has grown by only 0.4 per cent, which means only high value and ticket size renewals are coming.
The director has made 22 films and won 46 awards in India and abroad.
Veteran banker K V Kamath on Friday said it is "time to be brave" for the government, and it should stretch the fiscal deficit target set in the budget if need be, to push growth. He said benign interest rates of under 8 per cent and abundant liquidity are also necessary to seize what he called as a 25-year growth runway opportunity awaiting the country. The government has targeted to get the fiscal deficit at 6.8 per cent for FY22 in the Budget presented early this year.
Ficci Secretary-General Amit Mitra said this new not-for-profit organisation had been set up to improve the availability of skilled manpower in India and Ficci had picked a 10 per cent stake in this company for Rs 51 lakh. The Skills Development Corporation itself is empowered with a corpus of Rs 1,000 crore. A Ficci representative will also be on the board of this company.
Leading public sector general insurers have mooted the idea for a regulator to standardise the costs of medical treatment across the country.
Iran's Finance Minister was here. And he lists the reasons why is country holds great promise for Indian companies willing to do business with his country.
In a summit on economy trends from Indo-US perspective, experts concluded about the lack of knowledge creation in India.
Marigold has been in the making for a long time.
The Federation of Indian Chambers of Commerce and Industry has partnered with the World Intellectual Property Organisation to launch an anti-piracy and counterfeit campaign next month.
A civilised society depends on having the greatest possible number of people who have a stake in society. Being a homeowner gives one a secure and direct stake in society; so that is the goal we need to work towards.
"I cannot tell Ratan Tata to go back", the West Bengal chief minister said while speaking at the annual general meeting of Bengal Chamber of Commerce and Industry in Kolkata.
The application for visas to the United States is likely to increase by about 40-50 per cent in the coming five years, said Henry V Jardine, Consul General of the United States at the Bengal National Chamber Of Commerce and Industries in Kolkata.
President A P J Abdul Kalam on Wednesday asked the industry to encourage entrepreneurship to achieve an economic growth of 10 per cent and help eliminate poverty in the country.
Maharashtra topped the chart in terms of attractiveness at sub-national level in a weighted index calculated on the basis of individual ranking provided by participants of Ficci FDI Survey 2006.
The visas will be granted by the Saudi embassies abroad and immigration authorities at the country's airports, without the applicant producing an invitation or recommendation letter from a Saudi company or the chamber of commerce and industry.
Outlining priorities for improving the country's international rating and putting it on a high growth trajectory, the Federation of Indian Chamber of Commerce and Industry on Thursday suggested massive overhaul of infrastructure and special emphasis
The Bharatiya Janata Party on Tuesday said it was not opposed to a nuclear agreement with the US, but wanted the present deal to be redrafted so that there was no restriction on India carrying out atomic tests in future. "We do not basically oppose the nuclear agreement," senior party leader Lal Kishenchand Advani said at an Associated Chambers of Commerce and Industry of India function in Delhi.
Nigeria, India's largest trading partner in Africa, on Wednesday invited Indian companies to invest substantially in the oil-rich country and promised all necessary help and good business environment.
The subprime crisis and the ongoing financial crisis and the economic downturn may get worse before it gets any better in the American economy and the effect might as well spill over to 2010, warned American economist James R Barth.
The roadshow will bridge any existing gaps and assist Indian companies seeking to invest in Dubai.
Unprecedented torrential downpour in Chennai and other parts of Tamil Nadu brought the whole state to a grinding halt.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
Addressing the annual meeting of the Federation of Indian Chambers of Commerce and Industry, the BJP leader slammed the Manmohan Singh government as 'non-functional' and 'internally paralysed' and claimed that 'people are already looking beyond' it.
The queries can now be addressed to and their responses accessed from the makeinindia.com website that was unveiled along with the campaign aimed at making India a manufacturing hub by Modi at a mega event in New Delhi on Thursday.
The status quo decision came as a breather as only last week the RBI had pulled up banks for not helping it in monetary policy transmission.
"So you will not have anything better... democracy loving, capitalist respecting environment... in India," Sitharaman said at the event hosted by the Federation of Indian Chambers of Commerce and Industry in association with the US India Strategic and Partnership Forum.
Indian industry is hopeful of getting a 'significant portion' of the $300 billion to be spent for reconstruction work in Iraq over the next 5-7 years.
India will remain on top in Japan's ODA list and is expected to strengthen its relations with Japan.
Securities and Exchange Board of India on Tuesday said it would introduce Indian depository receipts (on the lines of American Depository Receipts or Global Depository Receipts
