Move follows Tata Steel decision to sell its loss-making businesses in Britain
'On December 5, the government called unions for pre-Budget consultations.' '12 trade unions were called and the time allotted was one hour which means 5 minutes for each union.' 'We were asked to present our views in about four minutes.' 'That itself is a reflection of how serious the government is about workers' demands.'
Commerce and Industry Minister Suresh Prabhu is slated to meet senior executives of Apple on the sidelines of the World Economic Forum in Davos later this month.
Providing relief to the economy from widening trade deficit on account of gold imports, the inward shipments of the metal slumped in December to 39 tonnes, Commerce Secretary Rajeev Kher said on Wednesday.
Financials were the top losers after sharp gains in the previous session along with ITC
In an interview with Rediff.com Puducherry CM spoke about his plans for the state, Rahul Gandhi and his daily friction with the lieutenant governor.
In the second half of April, the discount on gold came down to $3 an ounce.
Export growth picked up mainly owing to rising global crude prices, which pushed up processed petroleum exports by nearly 40 per cent, apart from a broad-based improvement in exports of major foreign exchange earners such as engineering goods and gems and jewellery.
The government on Friday put on hold the preferential market access (PMA) policy that provided for sourcing of sensitive telecom and electronic equipments and technology from domestic manufacturers over security concerns.
Top Indian industrialist Ratan Tata has returned as a board member of East West Centre, a prominent American think tank.
The Trai order is expected to change how consumers pay for cable or DTH services. This will result in disruption within the TV viewing market.
A slew of challenges that are yet to be resolved include the lack of consensus between the Centre and states over the GST exemption threshold limit, dual control over scrutiny and assessment
A controversy has erupted over the portrayal of the Jat king of Bharatpur in the movie.
The GDP growth for 2013-14 has been lowered to 5.3%, from 6.4% in April.
Senior officials say the government might come up with an incentive package for the SEZs following the release of Foreign Trade Policy.
Interestingly, none of the top large apparel exporting countries, including the US, saw any significant jump in shipment to the UAE
Sitharaman has completed just 19 days as defence minister and is also pre-occupied with the Gujarat assembly election, notes Ajai Shukla.
The rupee ended higher for the second consecutive week.
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Expressing concern over the investment and innovation environment in India, a top US trade official has said the recent set of economic reforms initiated by the country were not enough to return to the path of robust growth.
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A letter issued on Monday was jointly addressed to the US commerce secretary and trade representatives.
'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The USTR has placed India on its "priority watch" list for two years in a row, saying the country's patent laws unfairly favour local drug makers.
The issue "will not affect" the "long-standing" economic and cultural ties between the two countries, a top Chinese official said.
The two governments have already set a target of increasing bilateral trade in goods and services to $500 billion.
The article is in stark contrast to the TIME cover story done on Modi earlier this month titled 'India's Divider in Chief', written by Aatish Taseer, son of Indian journalist Tavleen Singh and late Pakistani politician and businessman Salmaan Taseer.
US trade body says, India's business climate is improving due to economic reforms.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
A bill providing for up to capital punishment to those manufacturing or trading illicit liquor in the event of hooch tragedy was on Wednesday unanimously passed by both Bihar legislature which also adopted a resolution unanimously that its members will not consume liquor.
When President Obama lands in New Delhi later this week, this spirit of accommodation must reignite a strategic economic relationship between the two countries.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
Assocham expressed concern over the precarious situation that the manufacturing sector is in, observing that if the trend does not reverse with monetary and fiscal measures it would be difficult for the industry to generate jobs.
More than Indian exporters, it is Indian business families based in Sri Lanka and Hong Kong which have exploited the Bangladesh advantage
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
'At this stage, you should distribute money and food.' 'Like you queue up to vote, let people queue up to collect this.' 'This will arrest the decline in demand which will have a multiplier effect on the demand side for the economy as a whole.' 'The government should earmark about 2% of the GDP for this.' 'And this should be the first step to revive the economy.'
'We are going to have a recession this year, maybe next year too...'
'Keeping Kashmir out of the informal summit does not mean that they have given up their strategic interest.'
Govt clamps have resulted in 93% decline in April-November
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