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Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
The PM began his official trip to Japan but the real work begins tomorrow.
The retail sector seeing a sharp rise in FDI flows is one where the Modi government's policy is not clear and has got a little muddled by its political ideology.
RBI declines to accede to plea, upheld by Padmanabhan panel, for priority sector tag; feels move would dilute claims of those needing it more.
Amazon has emerged a competition for posterboy of Indian e-commerce Flipkart.
India's exports on Friday crossed the $100 billion mark to reach $101 billion in 2005-06
The firm is likely to spend $600 million in total for the new stores. The average size of its stores is about 55,000 sq ft.
Government may allow foreign direct investment in "branded and dedicated retail segment" in an attempt to boost investment in employment generating sectors.
She also addressed the Indian Community at a reception held in her honour in Jakarta.
It came down from $1.94 billion in 2009-10 to $1.17 billion the next year and to $1.11 billion in 2011-12.
As many as eight nations are participating in Gujarat government's flagship biennial event
The queries can now be addressed to and their responses accessed from the makeinindia.com website that was unveiled along with the campaign aimed at making India a manufacturing hub by Modi at a mega event in New Delhi on Thursday.
The minister, however, said that there are challenges to boost the manufacturing sector
The government on Wednesday said foreign direct investment in retail will not be allowed if it hurts small retailers.
Despite the missive on the impact of foreign retail on the small kirana shops in the country written by Congress President Sonia Gandhi to Prime Minister Manmohan Singh, everyone in the government knows that it was never to be taken seriously.
Centre has approved 26 cases of foreign technology collaboration and granted industrial licences to 25 cases.\n\n\n\n
'This prime minister thinks he knows everything.' 'He has to consult, he has to talk and he has to mobilise the best people, but having seen him function, I have no expectations from him.'
The proposed legislation on special economic zones would give a big boost to the inflow of foreign direct investment in the country, Commerce and Industry Minister Kamal Nath said in New Delhi on Friday.
Apart from cotton, copper, petroleum and industrial machinery, India does not export much to China. This means that India buys six times the merchandise it sells to China, points out Abhishek Waghmare.
The bilateral trade grew by 4.6 per cent from $68.4 billion in 2011 to $ 71.6 billion in 2012.
Rallying behind the government, the BJP decided to launch a counter-offensive against the opposition "disinformation campaign" on the controversial land bill with Prime Minister Narendra Modi asserting that his growth model was pro-poor.
India is poised to achieve the target of attracting $10 billion of foreign direct investment this year as inflows have nearly doubled to $4.4 billion in April-September 2006.
'Look East' policy was first coined by the Narasimha Rao government in the 1990s and has been followed by the successive governments.
India on Friday unveiled a slew of trade initiatives to emerge as a global hub for jewellery and auto parts and increase services exports, while pegging the export target at $120 billion in 2006-07.
India on Friday said it would make imports of precious metals and stones easier in order to promote gems and jewellery exports.
The government on Wednesday cleared the setting up of an Investment Commission to woo foreign as well as domestic investors for major projects in the country.
The community is planning to welcome Modi at every possible location where he could be available during his three-day stay.
'While high-level interventions may help smoothen inter-State relationships, they cannot fundamentally change the alchemy of such relationships, which are firmly rooted in mutual benefits and mutual interests,' points out Ambassador M K Bhadrakumar.
'The US and India continue to use their deepening relationship to build new partnerships within and beyond the Indo-Pacific.'
She said during Question Hour in Rajya Sabha that Bharatiya Janata Party got a massive mandate on the basis of its election manifesto which opposes FDI in multi-brand retail.
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.
Contributions made to public funded universities, IITs, national laboratories and autonomous bodies engaged in conducting research in science, technology, engineering and medicine has now been recognised as part of CSR by the government.
The rupee's rise against the dollar was not hurting exports but the government was looking at ways to use rising foreign exchange reserves, a senior union minister said on Friday.\n\n\n\n
Moving ahead with the economic reforms, the Cabinet tonight cleared the long-delayed proposal for raising FDI limit in defence to 49 per cent and fully opened up the railway infrastructure segment, like high-speed trains, for foreign investment.
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