The government on Thursday revised its target of power capacity addition to 90,000 MW in the 11th Five-Year Plan (2007-12), up by 11,423 MW from the earlier estimate of 78,577 MW, in order to meet the growing demand of electricity in the country.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
The Indo-Thai free trade agreement is likely to be signed by September. The agreement will initially cover goods and include services and investment at a later stage.
The Indian industry on Wednesday offered to play the peacemaker in the land row in West Bengal, parts of which have been witnessing violent protests by farmers against acquisition of land for industrial purposes.
The finance minister said while contribution of primary and fuel items to inflation has declined of late, certain manufacturing items are leading to its rise.
She's one of the most recognised faces on television. She has interviewed the who's who of Indian business and then some. She was voted FICCI Woman of the Year in 2005 and has been oft described as one of the few TV journalists to add a touch of glamour to the field. CNBC's Shereen Bhan gets candid.
'Our technology is going to help Indian agriculture the way the White Revolution helped milk production.'
After visits to the US and Europe, a power ministry delegation is headed for Japan, Singapore and Malaysia for conducting roadshows to attract foreign investors in the country's power sector.
The government may simplify Fringe Benefit Tax, rationalise tax structure and depreciation norms for research and development in the next Budget, apart from making efforts to raise the Tax-GDP ratio and garner more funds for development.
India Inc hailed the Railway Bugdet on Monday as promising and said measures, especially those on containers and freight services, will not only help the industry but benefit the general public as well.
Around 11,500 ingredients have been put on the website for the public opinion.
Market regulator SEBI on Monday said it was considering allowing institutions to short sell in the capital markets and expects to see it through in the current calendar year.
Chidambaram stresses importance of addressing the issue of escalating costs and prices.
Citing the example of the Tarapore nuclear plant facing acute shortage of nuclear feedstock, the minister said we need an assurance from the west that it will not put impediments on the way to supply fuel to India.
Will Amitabh Bachchan's loss be Shah Rukh Khan's gain? Our verdict on some of the biggest TV trailers on the small screen.
The prospects for the media and entertainment industry look bright over the next four years, according to media pundits and independent research agencies.
The government said on Friday a Bill to amend the Companies Act, 1956, will be introduced in the Budget Session of the Parliament next year, while the new accounting standards for firms in India is expected to be in place by January next year.
Industry chamber Federation of Indian Chambers of Commerce and Industry said the Reserve Bank of India should intervene and cut interest rates.
Finance Minister P Chidambaram on Monday said the government was not resorting to price control in the cement sector and invited industry players for talks on duty differential measures announced in the Budget 2007-08.
Intellectual property rights must be backed by a strong enforcement mechanism that will effectively curb counterfeiting and piracy, an official of the World Intellectual Property Organisation said in New Delhi on Thursday.
Charging the UPA top brass of aligning with industry chambers and not paying heed to coalition partners' demands, Left leaders on Friday said the forthcoming Budget should restore capital gains tax, rationalise corporate tax exemptions and export inc
The Confederation of Indian Industry on Thursday expressed confidence that the economic reforms would continue to be a focal point whichever party forms the next government.
Oil and cash rich Qatar is scouting for strategic partners and investments in India's healthcare, pharmaceuticals and IT sectors, said Hussain Al- Abdullah, deputy general secretary, supreme council for economic and investment affairs of Qatar.
Coming under flak by the Left parties for Wal-Mart's entry into the Indian retail market, Bharti Enterprises on Friday said its tie-up with the US firm was "as per the guidelines".
According to sources the proposal has been scuppered by the British commerce ministry, which was not consulted, and which is the sectoral ministry for trade and investment.
Oriental Insurance Company Ltd hopes to bag the Air Sahara insurance business after its merger with Jet Airways.
Echoing similar views, CII too said the Prime Minister has given high importance to manufacturing and investment.
Taiwan said on Friday it is looking at the possibility of a Free Trade Agreement with India as part of initiatives to increase bilateral trade to $10 billion in the next few years from $2.4 billion in 2004.
She said it is even more important in the changing dynamic world where the business environment also keeps on changing all the time.
NITI Aayog recommendations cite the need for greater industry-academia collaboration to meet skill demand
