The government is working to expedite clearances to $12 billion project of steel major Posco in Odisha that was awarded environment clearance last week, Commerce and Indutry Minister Anand Sharma said on Tuesday.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
Industry is displeased over the failure of the National Manufacturing Policy, which has failed to invite any sizeable investment since it was launched more than two years ago.
Tourists aged 18 and over would be forced to hand over 3,000 pounds for a six-month visit visa
Delegation visit ahead of patent law report.
The Prime Minister directed that a special cell be created immediately in the Cabinet Secretariat.
The nomination process began in Varanasi for the most keenly watched Lok Sabha elections, with Congress candidate Ajay Rai, who is pitted against BJP's prime ministerial candidate Narendra Modi and Aam Aadmi Party convenor Arvind Kejriwal, filing his papers after offering liquor to Lord Kaal Bhairav as per local tradition.
Over a year after the deadline to grant Most Favoured Nation (MFN) trading status to India, the Pakistani government on Thursday declined to specify any time limit to meet the long-pending demand from here.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
While India allows 100 per cent FDI in a large number of the sectors, there is a ceiling on foreign investment in sensitive segments like multi-brand retail, insurance, defence and telecom.
"I am very impressed with India's ability to stand up and defy the international regime which has no regard for the food security of 600 million farmers and 800 million hungry people," says Devinder Sharma.
Besides India, the other affected countries are Pakistan, Bangladesh, Sri Lanka, Nigeria and Ghana. The pilot scheme is expected to run for a year from this November before being extended to all visa types.
India's plans to relax foreign direct investment (FDI) rules across a broad spectrum of industries have received the final approval from the Cabinet Committee of Economic Affairs (CCEA).
The government has already said it is keen on starting ore mining and exports.
Asking the government to tweak FDI norms in multi-brand segment, retailers said sourcing rules must be made similar to that of single brand while demanding foreign firms be allowed to put only 50 per cent of first tranche of investment in back-end infrastructure.
UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to be announced in the new year.
India rejected the proposed interim measure and trade facilitation agreement, risking an outright collapse of the ongoing talks.
Accusing Narendra Modi of being "desperate" to become prime minister, the Congress on Sunday said it will remain a "pipe-dream" and the "divisive" leader's nomination will help the United Progressive Alliance to return to power for a third term.
India's Food Security Act entitles 82 crore people to 5 kg of foodgrains per person a month at Rs 1-3 per kg.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
No one's quite sure on the retail FDI issue in this regard, after the new Rajasthan and Delhi governments cancelled the approvals given by their predecessors
Union Minister for Rural Development Jairam Ramesh continues to be the rising star in Rahul Gandhi's Congress. With the Congress war room at Gurdwara Rakabganj Road being re-designated as the Congress Coordination Centre, Ramesh has been appointed as the convenor of a small group which would look after the co-ordination work for the 2014 Lok Sabha elections.
Narendra Modi could be in for a tough fight in Varanasi with the Congress declaring its resolve to put up a formidable candidate against the Bharatiya Janata Party's PM nominee in the Lok Sabha polls and ruling out support to the Aaam Aadmi Party's Arvind Kejriwal.
Composite dialogue likely to be formally revived; PM visit might also be marked with grant of trade MFN status. Nayanima Basu reports
Congress strategists are worried that if it focuses too much on the Tehelka issue, it could end up diluting its ongoing campaign against Gujarat Chief Minister Narendra Modi on the snooping allegations. Anita Katyal reports
Phase-I of the ambitious Delhi-Mumbai Industrial Corridor project entails an investment of Rs 17,319 crore(Rs 173.19 billion) and is poised to generate 330,000 jobs.
Govt gave 36,000 seats per week more than inter-ministerial group's recommendations.
As a row erupted over his meeting with Mumbai terror attacks mastermind Hafiz Saeed, journalist Ved Pratap Vaidik, considered close to Baba Ramdev, on Monday rejected suggestions by Congress that he might have acted as government's envoy, saying he was "nobody's envoy but my own".
No large nation has done less to feed its millions of poor than India has in the past decade or two since the beneficial effects of the Green Revolution wore off.
Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact
Faadu: A Love Story looks like one of those old movies with a socialist bent that glorified honest poverty and looked down upon ambition and enterprise, notes Deepa Gahlot.
Under the India-South Korea Bipa, a party can drag the other to international arbitration if its investments are threatened.
Senior Congress leader and Leader of Opposition in Rajya Sabha Ghulam Nabi Azad made this assertion outside Parliament while speaking to reporters and said the revocation of suspension of the Opposition Rajya Sabha MPs was not a demand, but a 'request'.
Corporate Affairs Minister Sachin Pilot intoned, "Recent incidents will certainly dampen business confidence and investment sentiment, both domestic and foreign; and perhaps also negatively affect decision making by bureaucrats and policy makers."
The Congress, however, said it wanted to see the final print on the wording of the dispute resolution mechanism before committing its support to the Bill
The finance minister admitted that there was no quick-fixes to economic problems and the government is working to stabilise the economy which may take time.
India scored a remarkable win on food security, but trade partners will now put pressure on New Delhi to provide meaningful openings for industrial goods and services and be more accommodative on liberalising tariffs.
The prime minister is likely to talk about its possible extension.
Both Houses were adjourned multiple times as Opposition members kept on shouting slogans against the PM.
'I am almost tempted to say there is some kind of a vested interest operating to play down the achievements of Modi.' 'I think the focus should be on what has been achieved in 70 days and not on how this government functions.' Commerce Minister Nirmala Sitharaman's exclusive interview with Sheela Bhatt/Rediff.com on how the Modi sarkar is changing India.
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