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.
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.
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.
A few days back, Atul Ganatra, president of the Cotton Association of India, presented a grim scenario of the crop's prospects in the 2024-25 season that starts in October. Addressing the association's annual general meeting, Ganatra said the area under the crop could go down by at least 10 per cent in the coming season due to falling yields and realisation, leading to farmers losing interest. The fear of a decline in acreage comes against the backdrop of India's cotton production probably falling to its lowest in a decade, according to estimates.
Plans 'complete' agricultural solution in mining areas
Just five days after mandating all listed companies to have a minimum 25 per cent public float, the government said on Wednesday indicated it was open to a review of the new rules. "If there is need for any modification, correction, amendment, or may be amplification, it will be done," Finance Secretary Ashok Chawla told reporters on the sidelines of a function by the Confederation of Indian Industry.
Leading businessmen from India and Pakistan on Monday called for closer commercial ties between the two countries and said commerce could well turn out to the harbinger of peace in the Subcontinent.
The report of the committee could be taken up at the next meeting of Securities and Exchange Board of India.
The bilateral trade between India and Brazil is expected to cross $6 billion this year, according to Brazil-India Chamber of Commerce.
Inflation may come down to RBIs projections, if it does not we will have to take steps, RBI deputy governor K C Chakrabarty said on the sidelines of an event organised by Confederation of Indian Industry and Suresh Neotia Centre of Excellence.
The Confederation of Indian Industry is organising 'Digital Maharashtra', an IT convention in Pune on November 29 to showcase the business climate and investment opportunities for the infotech industry in the state.
The Confederation of Indian Industries, on Friday, was all praise for the Atal Bihari Vajpayee-led coalition governments in terms of being development-oriented and helpful to the industry.
Software major Infosys was eyeing Tier-II cities like Tiruchirapalli and Madurai in Tamil Nadu for its expansion once the global economy recovered from the current recession, a top company official has said.
Anand Mahindra, vice chairman and managing director of Mahindra and Mahindra, took over as the president of the Confederation of Indian Industry on Tuesday.
These firms invested $17.9 bn and have also contributed $147 million towards corporate social responsibility and $588 million as R&D expenditure in the US.
Corporate affairs minister also rules out private sector job quota.
The study found out that in terms of tourism budget, Jharkhand ranks the highest with Rs 160 crore, compared to West Bengal's Rs 31 crore (Rs 310 million), Orissa Rs 44 crore (Rs 440 million), Bihar Rs 25 crore and Chattisgarh Rs 50 crore (Rs 500 million).
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.
India's existing web of federal and state sales taxes is levied at different stages of the supply chain and often results in double taxation, while forcing trucks to spend nearly a quarter of their road time in border checks or other inspections.
The ministry had revised the estimates of direct and indirect taxes after healthy collection.
The Confederation of Indian Industry rated the performance of the NDA government on the economic front "excellent" even though the reforms agenda was unfinished.
The Congress-led government was caught napping over the Left Front's opposition to the India-United States nuclear agreement, feels B J Panda, a member of the Rajya Sabha.
Supporting West Bengal Chief Minister, Buddhadeb Bhattacharjee's stand, Mittal said, "Let us see for the next 7-10 years what Indian companies deliver and then we can take a call."
