It is natural that the world wants to talk directly to India and the world wants to hear directly from the horse's mouth about India's policies and potential. It matters if you hear it from the leader: Modi
Trinamool Congress chief and West Bengal Mamata Banerjee on Tuesday announced her decision to withdraw from the Congress-led ruling United Progressive Alliance.
The guidelines say sellers will be solely responsible for warranties and guarantees.
The External Affairs Minister Yashwant Sinha said on Tuesday that trade and economic cooperation has now become an important part of India's foreign policy and the country is now in a position to increase its investments abroad.
With the abolition of the Foreign Investment Promotion Board (FIPB), Amazon's proposal will now be vetted by the Department of Industrial Policy and Promotion (DIPP) under the commerce ministry.
In light of the recent announcement of the government to introduce Foreign Direct Investment in retail sector, the United Progressive Alliance government is facing a backlash from its allies.
The new Insurance Bill will boost investment in the sector
The prime minister was speaking at an event to mark golden jubilee of the Aditya Birla Group's presence in Thailand.
'If credit is not available, people will postpone buying. That's what has happened.'
The Centre for Strategic and International Studies recommended the United States to undertake a comprehensive policy review to determine how to assist India with developing its defense industrial base through co-production and co-development projects.
That AAP managed a sizeable vote share in Gujarat is creditable. The BJP can no longer ignore AAP's growing presence in its strongest bastion, explains Ramesh Menon, long-time observer of Gujarat politics.
Except for laws pertaining to the payment of minimum wages, following safety norms and adequate compensation for workers in case of industrial accidents, no other provisions of the labour law would apply to all new companies that wish to operate in the state for at least 1,200 days, and for those that have already been operational for that period.
The government on Thrusday allowed 20 per cent foreign direct investment in FM radio and recommended shifting to revenue sharing regime from the current licence fee structure.
There is more concern among US businesses now about investing in India than was a few years ago
The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others.
Indian states may set up trade offices in major cities in the US and other countries to attract more foreign direct investment, public affairs consul at the US Consulate, Chennai, Ravi Candadai said.
Some companies are already seeking review of the new norms.
The new Insurance Bill may take little time to see light of teh day.
For debt-laden Jet Airways, bitter foe Tata may turn into timely saviour.
In what may help beleaguered airlines Kingfisher, the finance ministry has approved a draft Cabinet note floated by the commerce and industry ministry allowing foreign fliers to acquire up to 26 per cent stake in India's aviation companies.
The Union ministry of consumer affairs has given the finishing touches to the policy framework to allow foreign direct investment and foreign institutional investment in India's national commodity exchanges.
Containing fiscal deficit and stable policies were crucial for the country to attract higher foreign investment, Commerce and Industry Minister Arun Jaitley said on Thursday.
Majority of foreign companies plan expansions and perceive 'opportunities' for higher investment provided bottlenecks in infrastructure, legal and labour laws are removed, a survey by Federation of Indian Chambers of Commerce and Industry said.
The radio broadcast policy panel has suggested a cap of 26% on FDI (including that on foreign debt funding) while opining in favour of private broadcasters being allowed to transmit news and current affairs programmes.
'The virus of trust deficit seems to be taking a toll of the friendship built over the years by succeeding leaderships of the two countries,' notes Rup Narayan Das.
Foreign direct investment limit in insurance sector is likely to be hiked to 49 per cent only after the Lok Sabha elections.
Government's decision comes in the backdrop of several complaints being flagged by domestic traders on heavy discounts being given by e-commerce players to consumers.
A group of ministers will soon submit a report on proposals to raise limits on foreign direct investment in key sectors such as telecommunications and insurance, an official said on Friday.
Executives in the segment say some top European, Japanese and Korean retailers are seriously interested.
'Tell me, one BJP policy that Mamata has opposed and is fighting tooth and nail?' Be it Article 370, instant triple talaq, be it CAA/NRC/NPR, be it notebandi, FDI, she has aligned with the BJP.'
USISPF slammed government's move and alleged that the amendments announced were without any consultation and are akin to changing rules in the middle of the game.
Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
'You have come out with a package for the kisan.' 'You have a package for industry.' 'But has anyone addressed the issues concerning small traders?'
As and when the sector opens up to FDI, the world's second-largest retailer will automatically get equity in Pantaloon Retail or will enjoy right of first refusal, said the sources.
'I don't think there is any problem,' Maharashtra Chief Minister Devendra Fadnavis told Rediff.com about the ongoing slugfest between Minister of State for Revenue Sanjay Rathod and his boss in the ministry, Eknath Khadse.
It is the government and its policies and attitude toward FDI that is at the root of the problem.
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