"About 70-75 per cent of the Indian economy seems to be doing better," Kamath, who is also the CEO and managing director of ICICI Bank, told private television channel CNBC TV18 during an interview. Contraction in agriculture and manufacturing have pulled down India's economic growth to 5.3 per cent in the third quarter, its lowest quarterly expansion in over five years, against 8.9 per cent in the same period a year ago.
Jairam Ramesh denied that he was going after the big fish to get into limelight.
The idea is not to form a Bengali lobby group but simply to get to know each other better.
Government is planning to allow foreign direct investment in the construction sector, Commerce and Industry Minister Kamal Nath said on Tuesday.
CII plans business events across China, a 'Made-in-India' show in the booming Guanzhou city, a CEOs meet and visits by 1,000 young Indian businessmen -- all aimed at increasing India's market share in China and spurring Indian entrepreneurs to invest in the world's fourth largest economy. On its part, the CII would expand its Shanghai office and open one more in Beijing, CII Chief Mentor Tarun Das told PTI.
Twenty-one sectors have done better than expected and recorded growth during the first nine months of 2001-02 in areas of production, sales and exports in the face of industrial recovery, according to a CII-ASCON survey.
India's biotech industry has a vast potential for bilateral cooperation with US firms for collaborative research, technology trade, licensing and distribution.\n\n\n\n
From being ranked at 56 last year, India now stands at 62, according to INSEAD and Confederation of Indian Industry (CII) and global business school INSEAD.
Encouraged by softening inflation, the RBI on Thursday decided to cut the benchmark interest rate by 0.25 per cent to 7.75 per cent with a view to boost growth.
The Microsoft chairman's itinerary covers meetings with key government officials in addition to key business leaders, academicians, industry associations and policy makers.
Allaying fears of industrialists over the issue of 52 per cent job reservations in the private sector, Maharashtra Chief Minister Sushilkumar Shinde on Monday said, "We are willing to discuss the matter with the captains of industry."
With an integrated network of marine, air, road and rail systems, the Atlantic Gateway provides strong connections to global markets, he said, adding that upon entry, goods flow easily through the Gateway's transportation corridors to major markets in Central Canada and the US.
Leading trade and industry chambers on Monday urged the investor community to remain calm and said the economic fundamentals were strong and the stock market crash was a "panic reaction".
Young Indians, part of the Confederation of Indian Industry, invites you to attend a two-day social summit, Transforming India: Making it Happen.
Engineering and construction major Larsen & Toubro (L&T) is planning a capital expenditure of Rs 2,500 crore (Rs 25 billion) for the financial year 2008-09. The company might raise Rs 500-700 crore (Rs 5-7 billion) through debt, equity or a debt-equity mix in the second half of the financial year.
Considering the scarcity of land for development projects in Kerala, there should be optimal use of the land being held by the public sector companies, experts said.
As the Centre tried to build consensus on its proposal on constitution amendment bill, required for the rollout of GST, and even floated revised draft to please states, some states came out with alternative model that would not require the amendment of constitution.
The government is likely to raise the number of special economic zones from 150 at present in view of the enthusiastic response from manufacturing and services companies.
Hari Narayan said the proposed IPO guidelines for non-life insurance firms were in the process of finalisation before they were sent to SCADA, a body constituted by Securities and Exchange Board of India, for approval followed by a final approval from the market regulator.
Finance Minister Pranab Mukherjee, in the Budget, announced facilitating the establishment of dedicated infra debt funds through special purpose vehicles for attracting foreign investment in the infrastructure sector.
India and the United States are considering yet another initiative to boost bilateral economic relations. Both sides are now mulling a Private Sector Advisory Gr
Speaking at an event in New Delhi, jointly held by National Thermal Power Corporation and the Confederation of Indian Industry, he added that developing countries should also not expect any financial or technical assistance from developed nations to help reduce their carbon footprint.
Finance Minister Pranab Mukherjee on Saturday said the government has taken note of the Supreme Court observations and action will be taken against Pune-based stud farm owner Hasan Ali Khan who is facing charges of stashing huge amounts of money in tax havens.
CII joined hands with the EC in launching a mega blitz including round-the-clock voter helplines, sending SMS messages and setting up touch-screens at strategic spots to educate voters about their right to franchise.
India has about 9 per cent of the total gold reserves in the world, yet imports gold worth more than Rs 65,000 crore. The government plans to reduce gold and diamond imports by Rs 20,000 crore.
Shobhana Kamineni, vice chairperson of Apollo Hospitals, and a former president of the Confederation of Indian Industry, is unhappy after discovering her name deleted from the voters' list in Telangana.
