To this end, India has recently committed USD 400 million in steel to construction of the railway connecting Chabahar and Zahedan, near Afghan border, the report said.
Indian companies feel it will be difficult to take on the competition from Bangladesh, Cambodia and others, with their made-in-India products. Ethiopia offers ready-to-use sheds, income tax breaks, training subsidies, and a tax-free gateway into the US, Europe and China. Moreover, labour is available for $60 per month compared to $130-$150 in India.
Modi hailed the close defence cooperation between the two countries and welcomed the completion of the logistics agreement between the two navies.
The government is looking to plug loopholes in the Indian customs law provision that allows tax exemptions for gifts up to Rs 5,000 and trade samples up to Rs 10,000 sent to India from abroad.
When 17 million Indians seek their fortune abroad it only means people are losing faith in the government's ability to honour its promises, says Sunanda K Datta-Ray.
India defeated Sri Lanka by six wickets in the finals of the tournament.
Noted environmentalist and 'Chipko movement' leader Sunderlal Bahuguna has brought the 'Save Himalaya, Save Water, Save Life' movement to the North East Indian states located in the lesser Himalayan region.
A Maharashtra MLC lost his cool and heckled Bollywood superstar Shah Rukh Khan for allegedly delaying his departure to the coastal town of Alibaug in neighbouring Raigad district.
Four major political takeaways from Narendra Modi's much-anticipated trip to China
No plaque marks the historic meeting place of the fathers of two nations. And no history textbook tells us about that first meeting and their mutual admiration, common ethos and comradeship.
More than 100 million new users added in just one year; mobile internet usage seen as next frontier.
President Pranab Mukherjee's recent visit to the Pacific Island nation is path-breaking, but much more needs to be done, says Dr Rahul Mishra.
Rediff readers share photographs from their travels across India.
Experts say the new guideline is likely to hurt foreign players more, especially card companies such as Visa, MasterCard and American Express who process and store credit card transaction data outside of India.
Everyday consumerables, such as grocery and order-in food items are the key buyout sector, analysts say, and a major reason for kirana stores' digitisation push.
'We urge the government to have discussions with private labs on the actual cost of running a test.'
Darbar is scheduled to release on Pongal (which falls in January) 2020.
Why should India buy olives from Europe when it could do so from the world's largest producers?
The central government's clarification on the 2 per cent equalisation levy on foreign digital operators in the Budget, which considerably expands the scope of the levy, might be challenged in court, with several companies contemplating filing a writ petition in the coming few weeks. The writs might be filed on the grounds of the levy's alleged extra-territorial overreach, as it aims to cover those entities that do not have a physical presence in India, going against international taxation rules.
Temperatures have soared to 50.3 degrees Celsius, but no deaths from the heat have been reported from Churu.
Finance Minister Arun Jaitley who is in Davos to showcase India as an investment destination at the World Economic Forum (WEF), on Wednesday promised India has a "lot in the pipeline" for global investors even as he plans to take up with Switzerland the issue of black money stashed in banks there.
E-commerce firms and sellers including Amazon and eBay have made recommendations to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021. This is because the existing policies on exports have catered largely to traditional, offline and business-to-business exports. Suggestions have been made to the government that through the FTP, it is important to create a conducive policy framework for e-commerce exports that lowers the entry barrier for small businesses to start exporting, according to the industry sources.
Amid tax treaty uncertainties, India's share of the number of investments made by global companies through Mauritius has almost halved in the past two years even as Africa's share has surged significantly.
Following is the chronology of the 2003 twin blasts at Gateway of India and Zaveri Bazaar.
The port is likely to ramp up trade between India, Afghanistan and Iran in the wake of Pakistan denying transit access to New Delhi for trade with the two countries.
The iconic Taj Mahal Palace and Tower hotel of the company in south Mumbai does not have any guests at present and only minimal staff are present to ensure upkeep of the property.
US Senators want Obama administration to clarify what India's 12 agreements with Iran are all about.
A special Prevention of Terrorism Act court will today pronounce its verdict in the six-year-old Gateway of India and Zaveri Bazaar twin blasts case.
Shah Rukh Khan will bring in his birthday at his Alibaug bungalow.
Tropical storm 'Tauktae' (pronounced as Tau'Te) which had intensified into a very severe cyclonic storm, lies close to the Gujarat coast, the India Meteorological Department said. "The landfall process has started and will continue during next two hours," the IMD said.
The move would help tax authorities get leads on evasion.
'If you transform your talent into determination to perform, no one can stop India from becoming a superpower,' Union Home Minister Rajnath Singh tells youngsters at the closing ceremony of the 19th National Youth Festival in Guwahati.
The first weekend lockdown in the state began at 8 pm on Friday and it will continue till 7 am on Monday.
Nearly 52,000 new hotel rooms are expected to be added in India over the next five years on rising demand from travellers as global economic conditions improve.
When Dhoni was surprisingly elevated to the top job in 2007, not many would have predicted the impact that the Jharkhand right-hander would have on Indian cricket as ended up winning two World titles, the ICC Champions Trophy and also guided the Test team to the No 1 ranking along the way.
Ghoomketu's distracted, disjointed, narrative acquires the tone of a dream whose quirk stems from naivete, not narcotics, complains Sukanya Verma.
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