According to latest figures, food inflation stood at 19.83 per cent during the third week of December.
The finance ministry on Wednesday ruled out more than 26 per cent foreign direct investment in pension sector and said fund managers would be selected through a competitive bidding process.
In a pre-budget meeting with revenue secretary P V Bhide, a Ficci delegation asked the finance ministry to tread with caution on rolling back the stimulus measures taken to spur growth.
Marigold has been in the making for a long time.
The Federation of Indian Chambers of Commerce and Industry has partnered with the World Intellectual Property Organisation to launch an anti-piracy and counterfeit campaign next month.
Maharashtra topped the chart in terms of attractiveness at sub-national level in a weighted index calculated on the basis of individual ranking provided by participants of Ficci FDI Survey 2006.
Minimal tax at the lower level may be ten\n>per cent. But that should start at Rs 500,000 and there should be no tax between Rs 100,000-Rs 500,000.
"We are ready with our money but it's so difficult to get a business visa to India,'' said Dr Abdul Rahman A Al Rabiah, managing director of Alrabiah, a consulting and engineering services company. Quoting instances, Rehman said, "Business leaders who have five-year multi-entry visa into the UK and Europe are merely given a three-month visa for India.''
By virtue of its position as a global repository of international financial expertise
Information Technology major Infosys on Tuesday signed an agreement with Australian company Smart Internet Technology CRC to partner in research and development projects.
The apex bank in its monetary policy for 2010-11 hiked the repo and the reverse repo to 5.25 per cent and 3.75 per cent, respectively, and the CRR to 6 per cent.
There is tremendous potential for increasing the Indo-British trade from the current $12 billion to $25 billion in the next couple of years, according to leading Indian parliamentarians and businessmen.
'The equipment that you make for us must be the best in the world so that it complements the Indian soldier who is without doubt the very best in the world.'
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.
Ficci Secretary-General Amit Mitra said this new not-for-profit organisation had been set up to improve the availability of skilled manpower in India and Ficci had picked a 10 per cent stake in this company for Rs 51 lakh. The Skills Development Corporation itself is empowered with a corpus of Rs 1,000 crore. A Ficci representative will also be on the board of this company.
Addressing the annual meeting of the Federation of Indian Chambers of Commerce and Industry, the BJP leader slammed the Manmohan Singh government as 'non-functional' and 'internally paralysed' and claimed that 'people are already looking beyond' it.
There is an urgent need to establish direct air links between India and Indonesia to enhance trade relations between the two countries, Indonesia's charge d' affaires to India Suhadi M Salam said at a meet in New Delhi on Monday.\n\n\n\n
The Pakistan industry's contention was that by trading in dollars, there is a substantial economic loss due to conversion.
The Federation of Indian Chambers of Commerce and Industry on Thursday said it was not averse to a change of guard at the Centre but wanted the new government to continue the reforms process and provide stability.
Highlighting India Inc's drive for fresh investments, FICCI on Thursday called for the revival of development finance institutions by allowing agencies like IFC and ADB to play strategic roles in DFIs.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances