E-retailers with foreign investments may now find it difficult to provide discounts.
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
According to highly placed sources, the finance ministry is likely to extend ECLGS and other loan guarantee schemes for micro, small and medium enterprises (MSMEs), hospitality and tourism sector, and the health infrastructure beyond March 31, Business Standard has learnt. This is likely to be announced by Finance Minister Nirmala Sitharaman as part of her Budget speech on February 1.
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 search operation was on to recover more missing persons by the army, the NDRF, the Sashastra Seema Bal and other rescue teams.
Ecommerce firms will have it tough as govt turns down FDI proposal.
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.
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."
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.
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.
Planning Commission on Thursday said the target of eight per cent GDP growth in the 10th Five-year Plan is "fully achievable".
