'Stand-alone' trip to North American nation and a strong track record in Gujarat open doors to business.
The government will press ahead with the sale of public sector companies that have been approved by the Cabinet, Finance Minister Nirmala Sitharaman said on Thursday. Highlighting that FDI flow into India is much higher compared to other emerging economies, she said India's strong macroeconomic fundamentals, ability to do reforms and a stable government help attract long-term foreign funds into Indian businesses.
Prime Minister Narendra Modi has managed to pull off what was unimaginable a year back -- adopting a much-needed centre-left approach, says Devanik Saha.
India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minister Nitin Gadkari said on Wednesday amid the border standoff with China. Gadakri also said the government will ensure that Chinese investors are not entertained in various sectors like the micro, small and medium enterprises (MSMEs).
The blaze at the Oil India Ltd's oil well is so massive that it can be seen from a distance of more than two kilometres, eyewitnesses said.
An undeterred Chief Executive Officer of NSO Group, Shalev Hulio, in an interview to Israeli Channel 12 on Saturday, strongly defended the company's operations, though he also conceded that some 'mistakes' may have happened over the years.
With the abolition of the Foreign Investment Promotion Board (FIPB), Amazon's proposal will now be vetted by the Department of Industrial Policy and Promotion (DIPP) under the commerce ministry.
India is now a biz friendly nations, say Arun Jaitley.
This would be the highest level of engagement between the two countries after Obama's trip to New Delhi in January to attend the Republic Day parade as the chief guest of Prime Minister Narendra Modi.
Sara Abdullah Pilot had on Monday approached the top court challenging her brother's detention under the Public Safety Act, saying the detention order was "manifestly illegal" and there was no question of him being a "threat to the maintenance of public order".
As many as 14 central government services have already been integrated with the e-biz portal.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
Jack Ma who had five years ago said he was inspired and excited by "Make in India" possibly understood the essence of the signature campaign better than some others and decided to stay away from India other than as an investor, says Nivedita Mookerji.
The protests against farm laws saw a fair share of controversies as well with climate activist Greta Thunberg and pop sensation Rihanna making their way to India's prime time debates and terms such as 'toolkit' and 'andolanjeevi' entering the Indian political lexicon.
ICT products make up a minuscule $ 407 million, out of the $ 35.54 billion of total inbound shipments from the US, as of now.
Addressing the 74th Annual General Meeting of the Indian Banks' Association (IBA), she said the industry needs to imagine how Indian banking has to be in the immediate and long-term future. As far as the long-term future is concerned, she said it is going to be largely driven by digitised processes and there is a need for seamless and interconnected digital systems for a sustainable future for the Indian banking industry.
It is only for retail trading of goods that sourcing conditions are mandated. Such norms are not applicable to manufacturers as goods are produced in India, the government said.
In the latest changes made by the Congress before the Chintan Shivir, former Karnataka Chief Minister and former Foreign Minister S M Krishna has been dropped as the chairman of the sub-group on foreign policy titled India and the world and instead Commerce and Industry Minister Anand Sharma has been put in his place.
A summit between the two PMs is scheduled to take place between December 15 and 17 in Guwahati, which has been witnessing massive protests for the last two days.
'Nirmalaji's Budget announcements have long-term implications and are not backed by enough money when the short-term outlook looks bleak,' notes T N C Rajagopalan.
The Bharatiya Janata Party on Saturday came out strongly in defence of Prime Minister Narendra Modi after Arun Shourie's attack on his government and said he was a "fair weather friend" and could be having a "grouse" over not getting positions.
Abdullah, who turned 50 on March 10, had spent 232 days in custody since the government announced abrogation of the special status of the erstwhile state on August 5 last year.
Since January this year, Indian exporters have begun to dread the shipping news. That's because most of it would be about another lot of shipping companies deciding to avoid Indian ports on account of delays.
Worried over continuous decline in exports, the Commerce Ministry has stepped up its pressure on Finance Ministry to expeditiously notify a scheme which was announced in June to boost the overseas shipments.
Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office, which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely for the United Progressive Alliance regime, questions are now being raised about pending decisions across ministries and whether at least some ministers have turned redundant.
The meeting assumes significance as Swedish furniture retailer IKEA, which plans to invest Rs 10,500 crore (Rs 105 billion) to set up its own stores in India, had sought relaxation in certain conditions related to the mandatory 30 per cent sourcing from micro and small enterprises.
"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.
Biden has reiterated America's support for India's permanent membership on a reformed UNSC and its entry into the NSG during his first in-person bilateral meeting with Modi at the White House.
Listing out the achievements of his government, he said the country has moved away from a culture of delaying work through 'atkana, latkana and bhatkana' (obstructing, delaying and misguiding).
India on Wednesday hit out at China for demanding "solid evidence" for getting Jaish-e-Mohammed chief Masood Azhar banned by the United Nations
'Expectations were being built up about radical moves and the action plan did not disappoint.'
The chapters were dropped by the Assam Higher Secondary Education Council (AHSEC) for the 2020-21 session, as part of the 30 per cent reduction of the syllabus, keeping in mind the loss of academic schedule that the students had to face because of the pandemic.
Total outflow and inflow of foreign investment in general for 2014-15 fiscal was $6.42 bn and $75.71 bn, respectively
External Affairs Minister Salman Khurshid's daylong "goodwill" visit to Nepal on July 9 will give him an opportunity to meet top functionaries of its interim election government as well as the leaders of the main political parties.
Sushma Swaraj urged the SAARC nations to focus on culture, commerce and connectivity.
In her plea, Sara Abdullah Pilot has said that exercise of powers by authorities under the CrPC to detain individuals, including political leaders, was 'clearly mala fide to ensure that the opposition to the abrogation of Article 370 of the Constitution is silenced'.
In the endlessly entertaining and absorbing soap opera that is India-Sri Lanka relations, wait for the next episode, Aditi Phadnis reports.
Recently, e-commerce firms have been under the lens for tax violation.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
From the Republic Day violence to Lakhimpur Kheri incident and terms such as 'toolkit' and andolanjeevi entering the Indian political lexicon, it was controversies galore during the year-long farmers' movement against the contentious agri laws.
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