The Bharatiya Janata Party on Friday suggested that its stand on the Supreme Court judgement on Section 377 of IPC which upheld criminality of homosexual relations is still open, saying the debate over the issue is not yet over.
The Indian banks are not prepared to implement the stringent Basel-II norms including that of capital adequacy and non-performing assets in toto by 2006, according to the Federation of Indian Chambers of Commerce and Industry survey.
The four southern languages and the Marathi regional industry have found success, but regional cinema, in general, still grapples with basic issues.
10 million out of 51 million small and medium businesses have presence on Google Search
'The ban on Chinese imports is a suicidal step.' 'This will result not only in economic depression, but in a chaotic situation.'
Chaturvedi said the highest ever FDI flows received by the country were in FY12 at $35.12 billion while in four months of this fiscal alone we have crossed $10.75 billion.
Industry favours a hike in foreign direct investment cap, a single regulator for insurance and pension sector and long-term debt papers among other reform measures to boost growth in the insurance segment, a FICCI survey said on Tuesday.
A month ahead of the Budget, Minister of State for Law Ravi Shankar Prasad on Wednesday favoured "moderate" tax rates and further simplification of procedures while speeding up reforms to push up growth.
Industrialists have the same complaints as they did in the UPA's second stint.
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
The $200 million Spic Fertilizers and Chemicals project at the Jebel Ali Free Zone in Dubai will go on stream in about a year as soon as gas supply to fire the facility is firmed up, the company's Chairman A C Muthiah has said.
Finance Minister Jaswant Singh said on Friday that the economy was too serious a matter to be budget-centric and a constant and year-long attention was required to ensure a higher growth.
Claiming political stability in the country now, Prime Minister Atal Bihari Vajpayee on Friday said he was confident that his government would be the first coalition to complete its five-year term at the Centre.
India on Wednesday asked for enhanced economic ties with Central and East European countries.
Life Insurance Corporation on Wednesday said its Varishtha Pension Bima scheme will continue next year also, but the interest rate and other terms and conditions will be decided by the government.
The DMK parliamentary party appears to be a house divided, reports R Rajagopalan.
LIC will fall in line with the other private insurers in meeting the IRDA's stringent norms on solvency margin by providing an aggregate Rs 10,000 crore (Rs 100 billion) by the end of 2003-04.
'Perhaps there is a greater understanding of small town India amongst our stars today than earlier.'
'It is a balanced and prudent Budget that sets the foundation for future growth in the economy.'
While Bihar and J&K have the least proportion of bank account holders using debit cards at PoS machines, Telangana's record is the highest.
I am very pleased with the first Budget of Jaswant Singh. Positive moves have far exceeded the negative ones. The impetus to the industry has been very high particularly in the infrastructure sector.
I would place this Budget on very high pedestal. Finance Minister Jaswant Singh has done a commendable job
In the past 18 months, the department of revenue intelligence has seized 50 containers of cigarettes, valued at nearly Rs 200 crore
'I am not saying we will get $10 billion from overseas Indians at the end of the Pravasi Diwas conference. We will get just a trickle but the interest will be generated,' says FICCI Secretary-General Amit Mitra.
The proposals before the ministry is to hike the tax exemption limit from the existing Rs 250,000 per annum to at least Rs 300,000 if not 500,000.
Early GST rollout to help create more jobs, boost output, says IMF.
New risks have been identified, which include risk of non-compliance, business investment risk and legal regulatory risk.
Insurance industry is poised to double its business with premium income expected to be 3 per cent of gross domestic product in 4-5 years compared to 1.6 per cent now, the Insurance Regulatory and Development Authority said on Wednesday.\n\n\n\n
He said the Centre was determined to end cross-border terrorism.