'My father's life sends a message that there are positive things happening between India and China, no matter what happens at the border.'
No business delegation has been cleared yet for Prime Minister Narendra Modi 's visit to America from Friday.
"We want a drop in interest rate. This (interest rate) is a huge problem now for us. Real interest rate in India today is touching six percent," Ficci chief Pankaj Patel said, arguing that there should be balance between growth, inflation, and interest rates.
Inflation dipped to a five-month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables and protein rich items.
Several individuals and organisations, including the US Chambers of Commerce and the National Association of Manufacturers, have filed a lawsuit against the Trump administration's recent rules related to the H-1B visa, terming them "arbitrary" and "haphazard" regulations that will undermine high skilled immigration into America. Early this month, the Trump administration announced new restrictions on H-1B non-immigrant visa programme which it said is aimed at protecting American workers, restoring integrity and to better guarantee that H-1B petitions are approved only for qualified beneficiaries and petitioners, a move which is likely to affect thousands of Indian IT professionals.
Prasad appealed to US businesses to invest in the country in a big way specially in ambitious programmes like Make in India
Sunak announced that the Immigration Health Surcharge (IHS) would be hiked from 400 pounds to 624 pounds.
Favouring a free trade agreement between India and Bangladesh, business leaders of the two countries have suggested that a direct air link be established between Guwahati and Dhaka to promote commerce and tourism.
Defence Minister Manohar Parrikar on Monday mooted the idea of raising an all women battalion and stationing of women on warships besides opening the doors of the National Defence Academy and Sainik schools for them.
The lawsuit seeks to overturn these sweeping and unlawful immigration restrictions that are an unequivocal not welcome sign to the engineers, executives, IT experts, doctors, nurses, and other critical workers who help drive the American economy.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
He did not believe in any fiscal puritanism. In 2012, when it was almost certain that the government will breach the 2012-13 fiscal deficit target, he wrote that in abnormal times, abnormal measures are required to get back to normalcy.
Rediff poll: Can Mamata transform Kolkata into London?
Overall business confidence index is at 6-quarter high: Ficci survey
In a major relief to thousands of Indian IT professionals, a federal judge in the US on Thursday blocked the enforcement of a temporary visa ban by the Trump administration on a large number of work permits, including the most sought after H-1B visas, ruling that the president exceeded his constitutional authority.
Significantly, about half of the CEOs who took part in the survey indicated that they propose to increase their investments in near future, 45 per cent cited no change in investment levels, while only 5 per cent expected a fall.
Exercise at least 45 minutes every day -- brisk walking, running, cycling or any other form of physical activity is beneficial, says Dr Naresh Trehan.
To propel demand, one should concentrate on indirect taxes and bring down the goods and services tax (GST) rates to a uniform 12 per cent as the Vijay Kelkar panel had recommended, said Ajit Ranade, chief economist at Aditya Birla Group.
Contributions made to public funded universities, IITs, national laboratories and autonomous bodies engaged in conducting research in science, technology, engineering and medicine has now been recognised as part of CSR by the government.
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The Reserve Bank is scheduled to unveil its first quarter review of the monetary policy on July 30.
Under MRA, Japan is to recognise Indian medical degrees and treat the country's doctors and other medical personnel on par with its own.
The original idea was to replace the existing schemes for scheduled castes and tribes.
The agreement on services, if ratified by all member countries, could prove to be a game changer for Indian professionals in education, healthcare & IT.
'It is entering growth territory on a month-on-month basis.'
In a significant departure from tradition, the United States has decided to host Prime Minister Narendra Modi by working out a "special gesture date" around the 69th Session of the United Nations General Assembly meeting that is scheduled to take place on September 26 in New York.
On Tuesday, it stopped trading in e-series contracts in gold in anticipation of the notification to this effect.
The regulator also said that it would have a re-look at the delisting guidelines.
Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process.
Low oil prices also means effectively transfer of wealth from the producing nations to the consuming nations
The former McKinsey India head is presently on board of many big Indian conglomerates.
India Inc enables the US' frostiness to India.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
Gold demand in India -- one of most avid purchasers -- is interwoven with culture, tradition, the desire for beauty and the desire for financial protection.
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
He will succeed Kerala Finance Minister K M Mani.
The country saw two straight years of deficient monsoons.
Survey shows pessimism on operating parameters and overall economy's prospects has risen sharply; companies want measures to revive growth
Omar welcomed the announcement of setting up of an IIT in Jammu and expressed hope that something similar would be announced for Kashmir to maintain regional balance.
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