Hinting at tax reforms during the next fiscal year, Prime Minister Manmohan Singh on Saturday assured the industry of better tax administration as he unveiled plans for Rs 60,000 crore
The bilateral trade between India and Israel was expected to reach $2 billion this year as compared to $1.3 billion last year, Israeli Ambassador David Danieli said on Thursday.
Two prominent economists and industry figures in India say the new government that would assume office next month should accord top priority to the agriculture sector.
Wipro chairman Azim Premji on Wednesday said the company would explore the Pakistan market for its range of products including consumer products and information technology.
The growth of the gross domestic product during the current financial year will exceed 6.9 per cent, which was achieved in the last fiscal, Union Finance Minister P Chidambaram said on Saturday.
Trade between India and China, as per Chinese statistics, for the period January to December 2002 reached $4.94 billion, an increase of 37.50 per cent over the same period of 2001.
China and India, who are poised to spearhead global economic growth, should not be complacent but strive to enhance productivity and develop critical thinking skills
The finance ministry on Wednesday ruled out more than 26 per cent foreign direct investment in pension sector and said fund managers would be selected through a competitive bidding process.
Minimal tax at the lower level may be ten\n>per cent. But that should start at Rs 500,000 and there should be no tax between Rs 100,000-Rs 500,000.
Power Minister Anant Geete said on Tuesday that the finance ministry is considering a proposal to restart the Dabhol Power plant, now lying idle for nearly two years.
Apollo Tyres chairman and managing director Onkar Kanwar on Tuesday took over as the new president of industry body FICCI for 2004-05.
Federation of Indian Chambers of Commerce and Industry charted a roadmap for 8-10 per cent economic growth
The FICCI president expressed concern over the proposed curbs on H1B and L1 visas and withholding of duty free imports on a large number of products from India.
Terming the ongoing telecom controversy as "hiccups of the learning curve", Planning Commission member N K Singh on Monday said it is for the regulator or the appellate bodies to see that the consumers are not affected.\n\n\n\n
Securitisation Act tilted against borrowers: FICCI
The formation of the Indian Business Leaders Forum was announced on Sunday by India Trade & Exhibition Centre Middle East established in Sharjah with the mandate from the Indian Ministry of Commerce and Sharjah Chamber of Commerce and Industry.
Narendra Modi is to hold summit-level meetings with the heads of more than 50 African nations on Thursday.
The Federation of Indian Chambers of Commerce and Industry is not worried over the recent statements made by the Left parties advocating radical changes in the economic policy and has recommended a 10-point agenda for the new government.
The recent 'revelation' by TN fishers freed by Sri Lanka after they had paid up Lankan rupees 50,000 each in fines, that their hair was tonsured in prison and they were forced to remove their garments other than the underpants, and were also made to clean toilets, as if with vengeance, has touched a raw nerve this time, just as another issue or issues had done it ahead of the Jallikattu protests, observes N Sathiya Moorthy.
In a response to the August 3 order, the Centre, represented by Solicitor General Tushar Mehta, said till the time either the legislature or the poll panel steps in, the top court must lay down "dos and don'ts" for political parties in the 'larger national interest.'
Showing an encouraging trend, Korea's trade with India grew by as much as 53 per cent during the first ten months of the current year.
"Now the gof India has decided to soon initiate procurement from local industries to reduce import dependence," he said. Reddy, the Union Minister of State for Home, said for many years India was dependent on worldwide Original Equipment Manufacturers (OEMs) for procuring arms and ammunition.
India Inc has found renewed hope in the capital markets for the next six months but has painted a gloomy picture for the long-run due to the uncertainty arising out of impending general elections.
