The government announced several incentives in the five-year Foreign Trade Policy.
The Taiwan-headquartered manufacturer has said it would invest around $5 billion in Maharashtra
IndiGo's situation points to a deeper malaise where skill shortage can challenge India's status as the fastest-growing aviation market, say experts.
Hopefully, the grey world of central banking in a nation hit by demonetisation, will lighten up with some of his notes soon.
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
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Despite criticism, the investment bank said that it stands by its research.
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
In the first arrest in the NSEL's Rs 5,600 crore (Rs 56 billion) payout scam, a top official of the beleaguered spot commodity bourse, which defaulted on its payment for the eighth time in a row yesterday, was held on Wednesday by Mumbai police's Economic Offence Wing (EOW).
Chinese brokers had been looking to use some of the cash they raised this year to expand their global reach
The Central Bureau of Investigation on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries in New Delhi and in Mumbai.
Markets under pressure; IT financials grab spotlight.
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Diplomatic channels activated to keep India eligible for soft loans from World Bank affiliate, though rules show it's probably time we made way for the needier others.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
Since August 2013, FIPB has approved two FDI proposals in the telecom sector.
'Just how strong were the ties between the world's largest and oldest democracies that an incident involving a diplomat and a maid led to anger threatening the relationship itself? Or had the relationship been weakening in the past few years, masked by the empty symbolism of State dinners, asks Devesh Kapur.
The police lodged a suo motu case against unknown persons in connection with their involvement in the mishap, a police officer said.
Indians in and around Ferguson, Missouri, tell Arthur J Pais and Suman Guha Mozumder what it's like to be caught in the thick of America's racial volcano eruption
January inflation may undershoot RBI's 6% target.
Single window clearances for realty must.
New foreign trade policy to stress manufacturing exports.
'Last year, Rs 20,000 crore was ripped off from the banking system.' 'The situation has deteriorated under the Modi government.'
It will now take at least two more years to get a clarity on the priorities and policies of the leadership of the new state of Telangana.
If a feasible business model is worked out for cable operators, they will not only build the last-mile networks, but also market them among the local population telling people the benefits as well as how to utilise them
The measures needed for implementing this new system would start rolling in few weeks, the minister added.
Narendra Modi's pay-off from relaxing labour laws would be huge.
'He had a continuing interest in life, people, and the society in which he lived,' remembers Shyam Benegal, who collaborated with the polyglot playwright and actor through the 1970s and remained his friend for more than five decades.
In India, the angsting over net neutrality has been loud.
There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
Political stability and a couple of big projects are pluses, but focus on medium and small industries is still missing.
'The previous (Congress) government at least did not veto provisions of the cattle laws.' 'The BJP is actively weakening the provisions.' 'The BJP government tried to export goats from Nagpur for slaughter to the Middle East.' 'The whole country was aghast and offended. We are a country of Ahimsa.' 'The BJP has incentivised the butcher industry so meat export has gone up, live animal export has gone up, leather export is on the rise, smuggling has gone up.'
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to be announced in the new year.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
Abu Dhabi national carrier had bought 24 per cent stake in Jet Airways for $379 million in April.
ONGC must tackle several issues first only then it can turnaround its fortunes.
In an interview with Sanjay Jog, REC chairman and managing director P V Ramesh talks of the growth strategy and the company's plan to ride the transformation wave in the power sector.
India's near-term growth has improved: IMF
Finance Minister Arun Jaitley should not drop the ball on continuing the battle against black money and move towards digital transactions to reduce the preponderance of cash in the economy, says A K Bhattacharya.
However, the realty players will have to pursue their long-pending demands with the state government for abolition of the Urban Land Ceiling Act, speedy approvals to expedite redevelopment of Maharashtra Housing and Area Development Authority buildings, development of cluster development, rental and affordable housing.
