Federation of Indian Chambers of Commerce and Industry has set up a 'Diaspora Division' for forging a producive partnership with Indians living abroad as part of its efforts to tap the economic potential of overseas Indians.
'I am not saying we will get $10 billion from overseas Indians at the end of the Pravasi Diwas conference. We will get just a trickle but the interest will be generated,' says FICCI Secretary-General Amit Mitra.
Enthused by the high 8.4 per cent growth in the second quarter, the Reserve Bank of India on Wednesday revised upwards the economic growth for 2003-04 at 7 per cent.
Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.
Banks have outsmarted housing finance companies by cornering 65 per cent of the home loan market, which grew by a whopping 76 per cent to Rs 51,673 crore last fiscal, a Federation of Indian Chambers of Commerce and Industry survey said on Tuesday.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
The first phase of the trade deal includes IP protection and enforcement, ending forced technology transfer, dramatic expansion of American agriculture, removing barriers to American financial services, ending currency manipulation, rebalancing the US-China trade relationship and effective dispute resolution.
Many political detainees have been released but former chief ministers Farooq Abdullah, Omar Abdullah and Mehbooba Mufti, who were whisked into custody in the early hours of August 5, 2019, are still in preventive detention.
'The economy of Kashmir has collapsed.'
Pullela Gopichand called P V Sindhu and Saina Nehwal -- his two most successful pupils -- as 'precious diamonds'.
AIFF plans to go ahead with the 2020-21 I-League season even if the clubs' star foreign recruits are unable to make it due to the coronavirus-forced travel restrictions.
Admiral describes it as 'a path-breaking change'; defence ministry official disagrees.
India Inc on Thursday rallied behind the Army's move to conduct surgical strikes on terror launch pads across the Line of Control and said it was the time to act tough while ruling out any negative impact on the country's economy and trade.
Drug Controller General G N Singh said the regulator is addressing all the pending issues to liberate the pharma sector and to simplify export regulations which will be reflected in the forthcoming policy.
Congratulating Narendra Modi on becoming the Prime Minister, India Inc on Monday said it is looking forward to an era of renewed trust and expressed confidence that the nation will leapfrog into a higher orbit of growth creating more jobs, income and social stability.
West Bengal, the chief minister said, cannot be compared with other states and despite all hurdles it had an increased revenue generation over the last three years from Rs 21,000 crore (Rs 210 billion) to Rs 40,000 crore (Rs 400 billion).
At present, the NMP states a series of fiscal incentives, including tax sops, will be offered but only to small and medium enterprises.
It would operate round the clock and seven days a week, said the Chief Minister, adding 'you can reach us on a telephone call, within a short time'.
West Bengal Chief Minister, Mamata Banerjee, on Friday invited industrialists to set up base in the state, but cautioned against acquiring land forcefully.
The haircare brand, acquired for Rs 330 crore, fetches HUL around Rs 400 cr of revenue annually.
Costlier onion and other vegetables pushed up inflation for the third month in a row to 6.1 per cent in August, making it difficult for the RBI to cut rate in the monetary policy review due later this week.
A prolonged war in Iraq would shake the Indian economy with oil prices going up and growth rate dropping to 2.5 per cent, A C Muthiah, the president of Federation of Indian Chamber of Commerce and Industry
India was ranked 142 last year, but in the latest report it was revised to 134.
While e-commerce operations for these firms are small at the moment, it is slated to grow in the next 3 to 4 years.
The moustache protest is the latest blot on the face of a nation that has failed to ensure even the safety of the Dalit community, says Veenu Sandhu.
Swadeshi Jagran will be leading the delegation on a multi-city tour, expected to start on September 21. The week-long trip will include meetings with industry bodies and government agencies.
US President Donald Trump is considering suspending a number of employment visas including the H-1B, most sought-after among Indian IT professionals, in view of the massive unemployment in America due to the coronavirus pandemic, according to a media report. The proposed suspension could extend into the government's new fiscal year beginning October 1, when many new visas are issued, The Wall Street Journal reported on Thursday, quoting unnamed administration officials.
There are indications or signs of the economy picking up -- collection of GST and consumption of electricity, said former RBI governor, C Rangarajan.
Internet, tech, infra, realty in India might gain
Long-distance runner Lalita Babar was named Sports Person of the Year at the India Sports Awards 2015 in New Delhi on Monday.
Chennai is one of the cities where works have been completed for almost 62 per cent of the money lined up -- Rs 599 crore of the Rs 959 crore has been utilised so far. Despite this, there was no respite for the people in the city this time either, with North Chennai being the worst affected.
Take part in the growth story, Amit A Shah tells Corporate India.
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According to the survey which drew responses from existing banks, NBFCs, corporate and industrial houses and other stakeholders, the setting up of new banks is considered significant in view of the fact that only 35 per cent of the country's population have formal bank accounts as compared to an average of 41 per cent in other developing economies.
In the mid-quarter monetary policy review last month, RBI Governor Raghuram Rajan had left the key policy rate unchanged, after raising it 50 bps in two instalments since he took over on September 4, saying he was waiting for more data clarity.
Commerce and Industry Minister Anand Sharma on Wednesday appeared to share industry's concerns over naming Kumar Mangalam Birla in an FIR in coal scam case saying it was unfortunate and could raise questions over investor confidence in the country.
Aam Aadmi Party swept the Delhi polls with 67 seats.
The middle income group has been impacted by inflation particularly in context of falling The rupee and its cascading effects on price rise of items like petroleum products and edible oil, according to a survey by apex chamber Assocham.
