The prime minister's statement was 'distorted' and seen out of context, the minister said, adding that focus of the media is more towards the form and not the content... "towards the letter and not the spirit".
Beth Payne, consul general, consulate general of the United States of America said, "Although we cannot predict the number, there has always been a cap on the H1B visas. The number of petitions filed every year are always more than number of H1B visas we can issue because of which we had to introduce the lottery system. I don't see any major impact on India because of the restriction."
The Confederation of Indian Industry on Thursday expressed confidence that the economic reforms would continue to be a focal point whichever party forms the next government.
Minister of State for External Affairs Vinod Khanna will lead the Indian delegation to the World Economic Forum extraordinary annual meeting in Jordan from June 21-23.
The Confederation of Indian Industry expects an upswing in the Indo-UK bilateral relations under new British Prime Minister Gordon Brown.
Erehwon Innovation Consulting, a global innovation facilitation firm, and the Confederation of Indian Industry are jointly organising a global two-day innovation summit in Bangalore on June 16 and 17.
"In national interest, I wish to caution Prime Minister Dr Manmohan Singh that your dependence on Communist support will prove to be a liability for anything good you many wish to do," the BJP chief said.
'If governance ensured we were poor during the socialist period, it now ensures that we do not get rich.'
He also said the city had a long way to go before it could reach the status of a global city, and said that greater autonomy and better governance of the city would ensure the global city status, says the finance minister.
Larsen & Toubro Ltd will shortly file with the Bombay Stock Exchange its plans for a trust scheme for its employees to pick up 15 per cent stake of Grasim Industries Ltd.
General Motors also plans to increase sourcing from India over the next 4-5 years to $1 billion annually.
International Finance Corporation plans to increase its investment to $1.0 billion this year in Indian companies, mostly engaged in manufacturing, infrastructure and financial sectors.
Indo-US economic relations have vast potential but pending issues like the one about the failed Dabhol power project need to be resolved, US Undersecretary of State Alan P Larson told visiting Indian businessmen in Washington.
ITC Limited could take its IT business -- ITC Infotech -- public, its Chairman Y C Deveshwar said on Friday.
The defence minister asked the Pakistani leadership not to talk about using nuclear weapons and get into the idea of committing suicide.
Sunil Mittal, President, CII, met French President Nicolas Sarkozy met in Paris to discuss Indo-France business relations.
Focus on supplies to check inflation.
The Confederation of Indian Industry in its budget wish list has urged to government to scrap the fringe benefit tax.
Planning Commission Member N K Singh on Wednesday said there was a need to continue with crucial economic reforms to sustain eight per cent GDP growth.
The department of science and technology, Confederation of Indian Industry and Intel on Wednesday signed a statement of intent with a view to promote culture of inventions and innovations among students and youth of the country.
India is set to give a major push to 'Brand India' in China in an attempt to strengthen its foothold in the country, even as bilateral trade rises at a blistering pace, industry officials said.
Today, when you buy a door or a window in wood, you are not aware that you are depleting forests. Tomorrow, your wood will have to be certified that it is from a sustainable forest, says R Parasu Raman, Vice Chairman, WGBC.
To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.
President of Portugal Anibal Antonio Cavaco Silva on Wednesday said India was now recognised as a success story, a place where "the future is being shaped".
President AJP Abdul Kalam says India can wipe out poverty through a network of connectivities encompassing a knowledge grid, a healthcare grid, e-governance grid and the knowledge grid.
UK environment minister Lord de Mauley hosted a round-table meeting here with representatives of mango and vegetable importers and exporters from the UK and India, Deputy Indian High Commissioner to the UK Virendra Paul, and senior regulators from Defra and the Food and Environment Research Agency.
