Ecommerce firms will have it tough as govt turns down FDI proposal.
Electricity Act 2003 is likely to be notified in the next 10 days while national electricity and tariff policy will be formulated in the next six-eight months
In a bid to participate in the reconstruction of Iraq and explore business opportunities there, a 20-member mission of Confederation of Indian Industries is in Kuwait to meet the companies on a one-to-one basis.\n\n\n\n
Joseph Crowley, a visiting US Congressman, has said a New Jersey bill that seeks to ban outsourcing of technical jobs to non-US entities is an unhealthy legislation and such laws will not find favour with other American states.
Despite severe drought in fiscal 2002-03, India's agricultural output is enough to sustain the country, Union Agriculture Minister Ajit Singh said on Thursday.
The Confederation of Indian Industry has said a minimum of 7 per cent of GDP, which translates to about Rs 200,000 crore (Rs 2000 billion) a year of investment, has to go into gross capital formation in infrastructure for sustainable growth.
Decades after he received a letter from someone by the last name of Biden from Mumbai, soon after becoming a senator, Biden learned that his 'great, great, great, great, great grandfather' had worked in the East India Company. "There are five Bidens in Mumbai, India," Biden, then Vice President, told a Washington audience in 2015 at an event organised by the Confederation of Indian Industry and Carnegie Endowment for International Peace on the occasion of the 10th anniversary of India-US civil nuclear deal.
India's manufacturing sector was lagging behind China and should be strengthened to increase competitiveness with that country, a study conducted by Confederation of Indian Industry and McKinsey said.
CII and ICICI on Wednesday signed an agreement, during the National Council meeting of CII to formally launch the GBC-USAID Global Development Alliance Project, which aims to foster Green Businesses in India.
Confederation of Indian Industry has suggested levying of basic excise duty at uniform rate of eight per cent across the value chain in textiles stating "it will make the sector competitive in the global market."
'It is entering growth territory on a month-on-month basis.'
Interview with K Vasudevan, director, Alstom and chairman of the Energy Cell of the Confederation of Indian Industry.
The government is looking at formulating a national broadband policy to push broadband penetration in the country and has already prepared a vision paper along with the Confederation of Indian Industry.
Consumer credit may slow down to 20-25 per cent due to rising interest rate and the base effect, ICICI Bank CEO, K V Kamath said on Monday.
Piyush Goyal, who held the post of finance minister when Arun Jaitley was undergoing treatment, told the Confederation of Indian Industry's annual session: "All stakeholders, including the RBI, should introspect on their respective roles (on low economic growth)."
New participants included Chinese players such as Great Wall Motors and Haima Automobile along with Olectra.
Industry had sought this 3-month extension, specifically for players struggling to collate the information that are required to be disclosed in the GST forms.
The Confederation of Indian Industry on Monday revised upwards its projections for the country's gross domestic product growth to 7.2 per cent for 2003-04 as against its earlier projection of 6.5 to 6.8 per cent.
Tata Group Chairman Ratan Tata on Monday said the government's decision to restrict WLL mobile services within a local call area, known as short distance charging area, will not have any adverse impact on Tata's WLL operations.
Despite apprehensions of a lower economic growth, Finance Minister P Chidambaram on Thursday hoped that a robust revenue collection would help attain a higher tax:GDP ratio of 10 per cent this fiscal after a gap of 20 years.
British Prime Minister Rishi Sunak on Monday unveiled a new scheme for the world's 100 most talented young professionals in the field of artificial intelligence (AI) as part of his vision to make the UK a "beacon" to attract the "brightest and best" from around the world. Addressing the Confederation of British Industry (CBI) annual conference in Birmingham, Sunak told an audience of business chiefs and professionals that control over the country's post-Brexit immigration policy remains crucial. However, he pledged to create "one of the world's most attractive visa regimes for entrepreneurs and highly skilled people" and make use of the "Brexit freedoms" to strike trade deals with "the world's fastest-growing economies".
Planning Commission on Thursday said the target of eight per cent GDP growth in the 10th Five-year Plan is "fully achievable".
