The possibility of the slowdown affecting more players is greater if the industry doesn't get access to easier finance in the next six to eight months.
'Is this the only way for India to become a $5 trillion economy?' 'When you have unused foreign exchange here, why borrow more dollars?'
It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.
After keeping the appointments of some of the senior level officers on special duty/private secretary on hold for months, Prime Minister Narendra Modi finally cleared some of them.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
'There is global appreciation of the fact that India has the capacity and courage to carry out structural reforms like demonetisation and GST,' the finance minister said.
All the pending notifications on the Export-Import (Exim) Policy will be issued within a week, Commerce and Industry Minister Arun Shourie informed the Rajya Sabha on Monday.
Sunak announced that the Immigration Health Surcharge (IHS) would be hiked from 400 pounds to 624 pounds.
"The world is global, whether you like it or not."
Developing more sources of supplies to guard against disruptions may emerge as the next big trend. But that may not necessarily mean flow of more investments into India, unless investors are assured, besides important economic factors and impartiality of institutions, that social disharmony will not cause unexpected disruptions.
Chidambaram said that of the total 17 lakh (1.7 million) registered service tax payers, only seven lakh of them were paying the levy.
In a move that is being seen as a snub to Walmart, Commerce and Industry Minister Anand Sharma on Thursday cancelled a meeting with US retail giant's Asia head Scott Price.
'Modi has not lacked courage in the political sphere. It is time he showed it in the economic sphere as well.' 'To do this, he needs to shed the simple-minded nostrums about economic growth and swadeshi that he learnt in the Sangh Parivar,' suggests Virendra Kapoor.
Prime Minister Singh has assigned a senior Congress leader to placate the President, who is upset with Finance Minister P Chidambaram, reports Anita Katyal.
Under the Goods and Services Tax, effective midnight of June 30, most of the financial services would attract a higher tax of 18 per cent as against 15 per cent as of now.
Talking about sunrise sector, the Finance Minister said, India is beginning to create impact in pharma sector.
In a veiled attack on Delhi Chief Minister Arvind Kejriwal over his defence of khap panchayats, Finance Minister P Chidambaram on Wednesday described them as retrograde organisations which cannot be part of India's culture.
Also, the import tariff value -- the base price at which customs duty is determined to prevent under-invoicing -- in case of silver has been reduced to $644 per kg from $694 per kg earlier, a notification by the Central Board of Excise and Customs said.
The exemption from MAT does not apply retroactively.
Modi has the ideas for a new, hopeful India, and an idiom in which to sell optimism to voters. But he doesn't yet have the team for it, and soon enough, questions will begin to be asked by an impatient, non-ideological, I-don't-owe-anybody-anything generation of Indian voters, says Shekar Gupta.
In his maiden Budget presented in Parliament on July 10, Finance Minister Arun Jaitley has tried to provide relief to the middle class by increasing tax exemption limit by Rs 50,000 to Rs 250,000.
A quick bounce back of the Chinese stocks looks improbable now.
The surge in export, domestic demand and public spending in infrastructure projects might revive private investment during 2017-18.
The DMK parliamentary party appears to be a house divided, reports R Rajagopalan.
Bankers see stable interest rates in near future but are worried about the spiralling global oil prices that is exerting pressure on domestic prices and exchange rate.
A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.
'You peel one layer, then another layer, then another, but in the end, you will see that there is no onion inside.' 'This package has been packaged well, but there is nothing much inside the package!'
The government on Wednesday cleared a major central legislation to provide duty free environment, single window clearance and more tax incentives to special economic zones to make exports the engine of economic growth.
Budget should be a platform for govt to take bold steps.
Pointing out that government borrowings would be less than what was projected for the current fiscal, Union Finance Minister P Chidambaram on Tuesday said that there was pressure on inflation due to rising oil prices and money supply.
India can eliminate poverty in the next 15-20 years and prepare itself to become an economic superpower, Union Finance Minister P Chidambaram said on Friday
Government on Wednesday cleared 29 FDI proposals worth Rs 147 crore (Rs 1.47 billion), including those of Hong Kong-based IBM Products and cosmetics major Nivea.
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