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.
Echoing similar views, CII too said the Prime Minister has given high importance to manufacturing and investment.
She said it is even more important in the changing dynamic world where the business environment also keeps on changing all the time.
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.
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Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures, including further liberalisation of FDI norms to improve economic condition.
Afghan President Dr Mohammad Ashraf Ghani will be paying a three-day state visit to India beginning on Monday, during which he would meet Prime Minister Narendra Modi and attend delegation-level talks.
Prime Minister Manmohan Singh will address the gathering on the inaugural day.
US-based textile retail major JC Penny is planning to source textile material worth $800 million in next four years from India.
Russia on Friday sought increased Indian investment in various sectors including energy and information technology and made a strong case for its recognition as a market economy.
NITI Aayog recommendations cite the need for greater industry-academia collaboration to meet skill demand
State-owned HPCL will set up a 100 MW wind park and launch pilot projects for bio-diesel production - moves that could deliver significant cost advantages to the company.
Mauritius on Monday said it would soon adopt the open sky policy and allow private airlines from India to use its air space.
The new Patents Law, which was passed by Parliament in the third week of March, came into force on Tuesday with President A P J Abdul Kalam giving his assent.
Madhya Pradesh Chief Minister Babulal Gaur is leading a five member delegation to Chicago, New York via London from 25th September 2005 to attract foreign investment in Madhya Pradesh.
Former captain Kapil Dev doffed his hat at the rise of cricket as a career option for youngsters, saying that parents now encourage their children to take up the game to earn a living.
The London Stock Exchange plans to conduct road shows in India from July for attracting technology and other high growth companies to list on its Alternate Investment Market segment.
Congress vice-president Rahul Gandhi has called a meeting of chief ministers of party-ruled states to chalk out the party's strategy in the run-up to the general election. The leaders would focus on setting up of Lokayuktas in a time-bound manner in states and curbing food inflation.
Cisco, a global major in networking for the Internet, is aggressively looking at the Indian automotive sector, as it opens up to exponential growth and challenges from global auto markets.
Planning commission deputy chairman Montek Singh Ahluwalia on Tuesday said the government should consider general lowering of duty rates across sectors to avoid creating arbitrage under free trade agreements.
HDFC Bank is planning to float a NBFC outfit and start fund-based activity, to take advantage of new RBI guidelines, its chairman Jagdish Capoor said.
The target is called Intended Nationally Determined Contributions.
The Centre has decided to set up the first mega food park in West Bengal, Minister for Food Processing Subodh Kant Sahai said.
Opposing the government's move to merge the country's oldest financial institution with Punjab National Bank, IFCI's employees union on Wednesday proposed a mega merger of IFCI, IDBI, IIBI and IDFC.
The Insurance Regulatory and Development Authority on Monday mooted ways to allow consumers to switch over from one company to another for Mediclaim policies and prevent rejection of claim by insurers.
Jamshed Zaffar, a Pakistani film producer, who is marking out plans to co-produce a film with Shyam Shroff, entitled Ehsan, says he is looking rope in Sonali.
Information and Broadcasting Minister Ravi Shankar Prasad on Monday favoured a memorandum of understanding between the entertainment industries of Pakistan and India.
Several big budget movies, including one for Rs 300 crore on Karna and another Rs 1,000 crore movie based on Bhima, have been launched on the same model.
The IOA president feels a good showing in the 2010 Commonwealth Games will win India the bid to host the 2016 Olympics.
'The ban on Chinese imports is a suicidal step.' 'This will result not only in economic depression, but in a chaotic situation.'
The Pradhan Mantri Jan Dhan Yojana scheme will help eradicate poverty and curb corruption at the grassroot level, industry said.
