Departments of electronics, excise, I-T launch probe into Rs 251 smartphones
Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.
The apex court issued notices to the Centre, ministries and departments concerned, Jet Airways and United Arab Emirate's Etihad Airways on the petition challenging the deal and sought their responses within four weeks.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
India's exports are estimated to have remained at around $312 billion in 2013, while the final figures for 2014 could be around this figure only.
The Indian economy is expected to return to the pre-crisis growth trajectory of about 9 per cent in a couple of years.
Prime Minister Sushil Koirala on Thursday met leaders of all 31 political parties to discuss key issues, including a key power trading pact, to be taken up with Prime Minister Narendra Modi during his maiden official visit to Nepal.
President Pranab Mukherjee on Monday expressed concern over a string of alleged attacks on Africans in the country, saying it would be most unfortunate if the people of India were to "dilute our long tradition of friendship with the people of Africa".
The NSE 50-share Nifty also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.
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.
Amid hints that the government might be exploring capping royalty payments by India-based subsidiaries to US companies, experts warn Subhayan Chakraborty why such a move will only hurt the Indian economy.
'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.'
Imports rise at highest pace in more than 2 years as crude oil price spikes.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
The bench of Chief Justice N V Ramana and Justice Pradeep Nandrajog issued notices to the Centre, Foreign Investment Promotion Board and Commerce and Civil Aviation ministries and sought their responses by October 30.
Four websites, including Flipkart, may be blocked if the govt feels they're maintaining objectionable content.
The Chabahar port, located in the Sistan-Balochistan province on the energy-rich Persian Gulf nations southern coast, lies outside the Persian Gulf and can be easily accessed from India's western coast, bypassing Pakistan.
Industry is displeased over the failure of the National Manufacturing Policy, which has failed to invite any sizeable investment since it was launched more than two years ago.
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.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
Global sentiment has turned very positive for India
The campaign will be launched in global as well as domestic markets across the media.
New government should consider reforming taxation rules.
The two countries also signed memoranda of understanding in education and health sectors after visiting External Affairs Minister Sushma Swaraj and her Lankan counterpart Mangala Samaraweera co-chaired the 9th Indo-Lanka Joint Commission meeting in Colombo.
Sharma proposes to pass on the 'handover note' to his successor, which as per the poll projections is likely to be from Bharatiya Janata Party-led National Democratic Alliance.
Thailand, Indonesia want unconditional access to India's multi-brand retail space.
Industry bodies said the decisions will help attract much-needed capital, create jobs, encourage collaboration and benefit cash-starved small and medium enterprises.
On her maiden visit to India, US Food and Drug Administrator Margaret A Hamburg has said recent lapses in quality by a handful of pharma companies has overshadowed the good things done by other Indian companies, who emphasise on quality products and practices.
Nike has been present in India since 1996.
As oil minister, he has overseen India's petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.
These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.
A Taiwanese cyber security expert has claimed to have compromised server of China based smartphone maker Xiaomi but the company called it a hoax.
He is expected to invite German companies to invest in India and participate in 'Make in India' initiative
Ahead of his first visit to India, Defence Secretary Chuck Hagel has said the United States is looking for new partners and relationships in Asia Pacific region which represents both opportunities and challenges.
With EU, it is part of the FTA that we will need to negotiate.
Out of the 745 gardens in Assam, which accounts for over 55 per cent of total tea production, an alert has been sounded for 88 gardens, while for West Bengal, out of the 377 gardens, 65 have been cautioned.
Modi said it is an outcome of India's consistent reforms trajectory that the country's position is getting credence globally and is being recognised by international bodies like the IMF, World Economic Forum and UNCTAD.
The Aayog recently met the ministries on the issue.
The FinMin will pay Rs 5,324 crore (Rs 53.24 billion) for Jan-March.
The growth rate in September was highest since May when it was 4.4%.
