India will emerge as the global leader in the services sector in the next few years not only in the software sector and IT-enabled services but also in health, design, engineering, education and maintenance,
Credit Suisse First Boston, a leading investment banker, has scaled down India's GDP growth from 5.7 per cent to 5.4 per cent for the financial year 2002-03.\n\n\n\n
China is on the lookout for investment pastures where its money is welcome, safe and earns a decent return. India also needs vast investment - about $1 trillion over the next 10-15 years - in infrastructure, green energy, transportation and heavy industry, says Ravi Bhoothalingam.
As part of efforts to boost Indo-US trade ties, a high-level American delegation led by president and CEO of US Chamber of Commerce Thomas J Donahue will visit India on Tuesday for a meeting with the Confederation of Indian Industry.\n\n\n\n
The government on Wednesday ruled out revising the export growth target downwards in the wake of rupee appreciation and said it was slated to grow at 12 per cent during this fiscal.
Covering 37 different legislations such as the Partnership Act of 1932, Insolvency and Bankruptcy Code, and laws on environmental protection, consumer protection and labour interests, the recommendations have been shared with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.
'India's future: To manufacture so efficiently that we do not need protection,' says Naushad Forbes.
The Confederation of Indian Industry will start its Shanghai office in July, a senior official of the chamber said.\n\n\n\n
India was ranked 142 last year, but in the latest report it was revised to 134.
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CII hopes that the RBI would not wait for the next quarterly review but intervene sooner if the economic condition warrants a mid-course correction.
India's crude oil import bill has jumped 40 per cent to Rs 117,032 crore (Rs 1170.32 billion) in 2004-05 on the back of high international oil prices, petroleum secretary S C Tripathi said on Monday.
Backed by the China-plus-one policy, India's textile and apparel exports have seen a 53 per cent growth during the April-November period of the current fiscal year at around $26 billion. This compares to the figure of $17 billion during the same period in FY21. According to Wazir Textile Index, all major companies including Welspun, Vardhman, Trident, KPR Mills, Indo Count, RSWM, Filatex, Nahar Spg and Indorama have posted higher sales during the first half of the current fiscal year compared to the pre-pandemic year.
India must carry on structural reforms, the finance minister said.
The youth have to turn into entrepreneurs if India's massive demographic dividend is to be taken advantage of: Smriti Irani.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
Scheduled commercial banks have registered a 21.2 per cent growth in credit offtake at Rs 7,14,622 crore (Rs 7.14 trillion) up to March seven of 2002-03 as against Rs 5,89,723 crore (Rs 5.89 trillion) in FY-02.\n\n\n\n
'The government should put the whole road map together for the vaccine and decide how industry can support...' 'They should allow the private sector to vaccinate.'
Former Prime Minister Manmohan Singh, Birla and former Coal Secretary P C Parakh were summoned.
The Indian government will present the annual budget for 2016-17 on February 29.
India Inc is seeking at least quarterly interactions with senior government representatives to establish a channel of communication and help change the opinion at the highest level.
Speaking at industry association CII's annual session, PM Modi said the government has taken tough steps to fight the coronavirus pandemic and has also taken care of the economy. "On the one hand we have to safe the lives of our people and on the other hand we have to stabilise the economy and speed up the economy," he said. "Yes, we will definitely get our growth back," he asserted.
Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.
The rupee on Thursday gained 39 paise to close at a nearly 10-month high of 59.29 against the US dollar following sustained selling of the American currency by exporters and continued capital inflows, ahead of keenly-waited Lok Sabha poll results to be unveiled on Friday.
Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
Narendra Modi is to hold summit-level meetings with the heads of more than 50 African nations on Thursday.
'This visit will further the convergence of our political, economic and strategic interests,' Modi tweeted.
American companies have been called to invest and explore business opportunities in the state
The former McKinsey India head is presently on board of many big Indian conglomerates.
Efforts to normalise trading relations expected during the first such meet on Saturday
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