The government has decided to set up a joint venture company with industry body Ficci for encouraging investment in the country."The Invest India company, a joint venture between the department of industrial policy and promotion and Ficci, would be funded by the government and managed by the chamber," commerce and industry Minister Kamal Nath said
The United States on Monday said India 'missed' a major opportunity to get a liberalised regime for the much sought-after H1B visas by not agreeing to Doha deal in Geneva this July.
'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.'
Coming out strongly in defence of foreign direct investment in retail, the ministry of commerce and industry has told the Prime Minister's Office that there is no empirical evidence to suggest that organised retail would adversely impact small retail
According to Sanjeev Chopra, secretary of the horticulture and food processing department of West Bengal, steps were being taken so that exporters from the state could sell overseas at least 1 per cent of the total state produce through the AEZs.
'We need to confront such people else they will be encouraged to harass more women in the future,' notes HR guru Mayank Rautela.
India's share in the world market for basmati rice is about 53 per cent, said the government on Friday.
Megatech Engineering & Services Pvt. Ltd. and three of its senior officials -- Ajay Ahuja, Ravi Shettigar and T K Mohan -- have been placed in the Denied Persons List of the Bureau of Industry and Security of the Department of Commerce and formally notified in the Federal Register.
E-commerce model appears to be the best bet available to US retail giants at this point to tap the Indian market.
