Brokerage Edelweiss Securities said if the NDA returns to power with a clear majority in line with exit polls, markets would rejoice the policy continuity.
Across the country, companies have stepped up their act to contain the crisis. IT and other new economy firms seem to have taken a lead.
Sport Minister Ajay Maken said he doesn't have the confidence that the Indian Olympic Association (IOA) can live up to the standards of transparency that hosting an international event like the Olympics or Asian Games demands.
US Senator Mark Warner, co-chair of the Senate India Caucus, while lauding the burgeoning Indian investment in the US, has urged Indian companies to also explore making such investments in the American heartland instead of the traditional areas in order to change misperceptions on globalisation.
As much as the Haqqani network seems to have catapulted to being the flavour of the day in terms of Pakistan's Inter Services Intelligence-supported terrorist groups in South Asia, a senior State Department official declared that the other ISI-proxy, the Lashkar-e-Tayiba -- responsible for the 26/11 terror attacks in Mumbai -- is equally on even more dangerous.
The notification bans carry bags, one-time use of polyethylene, straws and thermocol
With inflation topping the government agenda, economists have told Finance Minister Pranab Mukherjee to focus on policies to boost agricultural productivity in the upcoming Budget for 2011-12.
"... I know there's been a lot of debate about shining the ball but the idea was to kickstart cricket, play the sport, and then I'm sure things will fall in place. Yes, there will be some challenges. You have to go one game at a time.'
Encouraged by softening inflation, the RBI on Thursday decided to cut the benchmark interest rate by 0.25 per cent to 7.75 per cent with a view to boost growth.
At present, global retail firms can invest up to 51 per cent in India and need a local joint venture partner.
Actors and directors share their struggles, their journey and their Bollywood dreams
'The next general election is four years away. That's enough time to recover -- provided the government stops spending and taxing so much,' says T C A Srinivasa-Raghavan.
Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.
Nirupama Rao, India's new ambassador to the United States, has defended India's stand on Libya and Syria, which stands in stark contrast to that of the US and its allies in the NATO. In the interaction that followed her keynote address at the third Brookings-FICCI Strategic Dialogue on US-India Relations, Rao said, "Let me say that we deeply value the consultations that we had with the United States on issues related to the Arab Spring and the upheavals that we have seen".
Finance Minister Arun Jaitley is expected to present the Budget for 2014-15 in July.
India Inc on Friday said RBI's 12th rate hike, since March 2010, is unlikely to tame rising inflation and could instead lead to a further slowdown in investments and industrial growth.
Grappling with a high rate of price rise, the government on Tuesday expressed concern that increasing prices of crude and other commodities in global markets could add to inflationary pressure in the country.
'You have to explain to them about Indian investments in the US creating jobs this reverse outsourcing'
Ficci's Business Confidence Survey continued to show a robust rise in the second quarter of the ongoing financial year 2010-11 as all three confidence indices -- current conditions index, expectations index and overall business confidence index -- saw an increase in their values.
The US-India Business Council (USIBC) in coordination with the Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce & Industry (Ficci) is preparing a list of invitees for the business summit to be addressed by visiting US President Barack Obama.
The Indian banking sector is poised to become the world's third largest in asset size over the next 14 years.
The state government was under a mammoth debt of Rs 2 lakh crore.
Facing flak from industries over alleged delay in projects due to green rules, Environment Ministry on Monday came out with a new proposal of "compensatory afforestation" to help them get early forest clearances.
Demand of mobile handsets in the country is expected to reach 350 million units per annum by 2020, says a study by industry body FICCI with market analyst firm Ernst and Young (E&Y).
"The notification will be finalised in the first week of May and would be implemented from June 1, 2011," Secretary in the Ministry of Corporate Affairs D K Mittal told reporters on the sidelines of a FICCI event in New Delhi.
Hotel infrastructure needs a big boost in the coming years.
Multinational organizations including PepsiCo and industry associations like IPA, have come in favour of India's intellectual property regime, which is being reviewed by the US administration.
Global computer hardware major Intel has announced the deployment of Intel Insider, a new hardware feature of the 2nd Generational Intel Core processors that will allow Indian consumers to purchase and rent the latest high definition (HD) movies on their personal computers.
International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn today commended India's role in managing capital inflows, which have already crossed $50 billion this year--about 4 per cent of the country's Gross Domestic Product (GDP).
"We are counting on India's rise not just as an economic partner but as a global power one that engages everywhere from Latin America to the Middle East to East Asia," Deputy Secretary of State William J Burns said in his remarks on 'Is there a future for the US-India partnership?', organised jointly by the FICCI and Brookings Institute, a Washington-based eminent American think tank.
Amid confrontation between Tatas and the West Bengal government over the Singur issue, Plan panel member Arun Maira on Wednesday questioned the group's approach saying corporates should be careful in what sort of land is acquired and how it is converted for industrial purposes.
Bharti Airtel Chairman Sunil Bharti Mittal said India has lost one of the finest political leaders and a legal luminary.
Industry chamber Ficci said, Japan as a nation would overcome the calamity to reassure its place in the comity of most prominent economies of the world.
The government on Tuesday asked the apex industry chambers to prepare their report card on affirmative action for Scheduled Castes/ Scheduled Tribes and weaker sections before August 15, so that it can be included in Prime Minister's Independence Day speech.
"I don't think that it is government's view that the present inflation cannot be brought under control without FDI in multi-brand retail. We can bring inflation under control," Planning Commission Deputy Chairman Montek Singh Ahluwalia said.
Ficci stood for the voice of a defensive, traditional Indian business class.
Reserve Bank deputy governor Anand Sinha on Wednesday said though bad loans are rising in the system, the central bank does not see it a systemic risk as yet.
The state-owned lender has been contemplating a Rs 20,000 crore (Rs 200 billion) rights issue for nearly a year now, but is yet to get a go-ahead from the government, which owns a 59.40 per cent stake in the bank.
India's weaknesses in staging multi-discipline sports events stood exposed during the crisis-hit run-up to the Commonwealth Games but Organising Committee chairman Suresh Kalmadi has still not lost hope of bringing the Olympics to the country.
"With regard to life companies, the work on IPO guidelines is more or less complete and we would be going for gazetting the same as regulation very shortly, perhaps toward the end of this month," IRDA Chairman J Hari Narayan told reporters on the sidelines of a FICCI event in New Delhi.
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