Particularly hit has been the apparel sector, where the time taken by the industry to adjust to the Goods and Services Tax regime, downward revision of export incentives, and a credit squeeze faced by small and medium scale enterprises, has pushed production downwards.
The SC said, "You must tell us some way of preventing unemployment also. We cannot have people unemployed and hungry. There are areas where firecrackers can be used."
Meanwhile, retail jewellery sales in India have declined by 50 per cent since gold price started its uptrend nearly two weeks. Buyers deferred their fresh purchase amid expectations of a correction in gold prices from the current high level.
India's biotech industry has a vast potential for bilateral cooperation with US firms for collaborative research, technology trade, licensing and distribution.\n\n\n\n
Lobby group tells USTR it has got assurance from India on compulsory licensing.
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The Council includes companies like Tata Motors, Flipkart, Airtel, P&G, Madison World, ICICI Bank, HUL, Micromax and Future Group among others.
Modi seems to have an innate faith in his capabilities to handle the myriad challenges confronting the nation and would rather manage the affairs of the nation as a CEO would of a large industrial-business empire, observes Virendra Kapoor.
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
A course on 'land acquisition, rehabilitation and environmental clearance of projects' is also being offered by IIT-Kharagpur.
The government should also introduce zero duty for gold imports so as the world trade shifts to India.
US India Business Council has urged New Delhi and America to take steps to strengthen bilateral trade relationship to realise their 'true business potential'.
The proposals will be reviewed by the World Trade Organization's General Council.
He had come in search of jobs in America to rescue his presidency and India failed him in more ways than one, observes Ambassador T P Sreenivasan.
Once the GST is passed, the centre and states will have to adopt their own law.
Japan on Friday assured India that recent clashes between the police and workers of a Japanese multinational in Gurgaon would not affect flow of investment from Tokyo, while agreeing with New Delhi that the incident was one-off.
The tour is aimed at boosting India's economic engagement with these nations and inviting more investment.
Bangalore-born Bhattacharyya, an alumnus of Indian Institute of Technology (IIT) Kharagpur, was awarded the Padma Bhushan in 2002 for his services to science and technology and made a life peer in the UK's House of Lords in 2004.
The NSE Nifty settled the day 96.80 points, or 0.94 per cent lower, at 10,224.95
Besides addressing a high-level meeting of the US-India Business Council at Washington on June 17, Sharma will hold discussions with the US secretary of state Hillary Clinton. During his three-day engagements, the commerce and industry minister would meet US Commerce Secretary Gary Locke and US trade representative Ronald Kirk.
Growing at an annual 13 per cent rate, domestic leather industry aims at doubling its exports earnings to $4 billion by 2010.\n\n
US-India Business Council President Nisha Biswal believes once the economic activity and demand resumes, India could hold the potential for diversification of supply chains and manufacturing.
The 10th ministerial conference, will be held at Nairobi, Kenya.
Currently, India imposes 30-45 per cent duty on textile products from Pakistan.
The airlines were penalised for 'concerted action in fixing and revising Fuel Surcharge (FSC) for transporting cargo.'
Optimistic buying in blue-chip stocks ahead of release of industrial production data for July and retail inflation for August drove stocks higher.
'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Lacklustre domestic equities alongside ongoing FCNR redemptions added pressure on the local currency
Most of the jewellers who had reopened their showrooms in confusion on Monday, kept shutters down today at Mumbai's Zaveri Bazar and several other places, demanding rollback of the proposal.
'Curbs will again lead to the grey market developing, undoing all the work done over the last two-and-a-half years.'
The NCEAR has indicated some improvement in the fourth quarter of the current financial year.
At the same time, the chief minister added, "We have decided to review the policy to remove any misconceptions in this regard."
Change will have to begin with Mr Modi, who by all accounts has shown little active interest in macro-economic issues, preferring instead to focus on the effective implementation of projects and programmes, points out T N Ninan.
The govt plans to seek Centre's help for a re-assessment by the World Bank.
The appointments committee of the Cabinet headed by Prime Minister Narendra Modi cleared Bhalla's appointment as OSD in the ministry with immediate effect.
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