'The belief that FDI will shift from China appears to be a strategy of politicians to keep the media busy, chasing irrelevant news to ward off pressure and questions about the government's plans to deal with COVID,' observes Debashis Basu.
Highlighting India Inc's drive for fresh investments, FICCI on Thursday called for the revival of development finance institutions by allowing agencies like IFC and ADB to play strategic roles in DFIs.
The government also appointed Dr Vinod Paul, a pediatrician at the AIIMS, as a member of the NITI Aayog
Under MRA, Japan is to recognise Indian medical degrees and treat the country's doctors and other medical personnel on par with its own.
The announcement comes as a big relief to international students, including those from India.
India Inc has expressed strong displeasure over the Delhi government's decision to withdraw approval to FDI in multi-brand retail, saying the move was likely to hinder foreign investments flowing into the country.
Next week, US Secretary of State John Kerry travels to India for the fourth annual US-India Strategic Dialogue
The Indian government headed by Prime Minister Manmohan Singh, who is known as the architect of the country's liberalisation and economic reforms, is inching towards a "protectionist" regime, top American experts have told US lawmakers.
US President Donald Trump is considering suspending a number of employment visas including the H-1B, most sought-after among Indian IT professionals, in view of the massive unemployment in America due to the coronavirus pandemic, according to a media report. The proposed suspension could extend into the government's new fiscal year beginning October 1, when many new visas are issued, The Wall Street Journal reported on Thursday, quoting unnamed administration officials.
As many as eight nations are participating in Gujarat government's flagship biennial event
The government has set a direct tax collection target of Rs 13.35 trillion, which includes Rs 7.66 trillion from corporation tax and Rs 5.69 trillion from personal income tax.
US Ambassador Richard Verma's tips to the Indian states.
India Inc on Wednesday said it looked forward to the new RBI Governor Raghuram Rajan initiating cut in interest rates and improving credit flow to crucial sectors like infrastructure to put economy back on high-growth path.
Higher prices of onion and other vegetables and fruits pushed up inflation to 6.46 per cent in September.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
US congressional leaders on trade and finance wrote to the US International Trade Commission calling for a second investigation into India's 'unfair' trade practices, detailing any changes under Modi.
Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.
Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.
China is in no hurry to disengage at the border and the region and international community is moving on. The spectre of a long haul in Ladakh haunts India, points out Ambassador M K Bhadrakumar.
Sunak announced that the Immigration Health Surcharge (IHS) would be hiked from 400 pounds to 624 pounds.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
A federal body began a hearing on the impact of Indian trade policies on US businesses wherein American bodies and advocacy groups slammed India for its trade practices, alleging they hit their jobs and business.
Businesses that either take local communities for granted or see them as an obstacle to be 'managed' are skating on thin ice.
He did not believe in any fiscal puritanism. In 2012, when it was almost certain that the government will breach the 2012-13 fiscal deficit target, he wrote that in abnormal times, abnormal measures are required to get back to normalcy.
Considering the common linkages, high-level trust, complementarities, and convergent interests between the two nations, Malaysia has the potential to become India's key partner in Southeast Asia, says Dr Rahul Mishra.
India's first Winter Olympian, Shiva Keshavan, on Monday urged the authorities to come forward and help the athletes who are left to battle all odds in their quest to bring laurels to the country. Taking part in a panel discussion under the banner 'International Convention on Business of Sports', organised by Federation of Indian Chambers of Commerce and Industry (FICCI) here, the youngest ever athlete to officially qualify for the Olympic Games in luge said, "We sportsmen are always very altruistic. We focus so much on doing well in our respective disciplines that nothing else matters to us. But, the government should come forward and help us nonetheless." The 34-year-old athlete from Manali took part as an independent participant in 2014 Sochi Winter Olympics due to the suspension of Indian Olympic Association (IOA). However, as the ban was lifted while the Games were still on, he ended up competing under the Indian flag. "I have taken part in five Winter Olympics without a coach. I always wanted to be trained under a good coach. But later, I realised that I wasted a lot of time chasing a lot of things," said Keshavan who finally found a coach in American Duncan Kennedy but had to part ways after a short stint due to financial constraints. "The government was only paying for a part of his (Kennedy's) salary," he said.
"We want a drop in interest rate. This (interest rate) is a huge problem now for us. Real interest rate in India today is touching six percent," Ficci chief Pankaj Patel said, arguing that there should be balance between growth, inflation, and interest rates.
The Indian market is highly competitive, and tariffs here are amongst the lowest in the world.
The exemption from MAT does not apply retroactively.
According to International Wine and Spirits Research, India's whisky consumption doubled between 2007 and 2012 to about 1.4 billion litres.
India Inc on Wednesday said the Reserve Bank's move to cut interest rate by 0.50 per cent is "pro-growth" and exhorted banks to transmit the lower interest rate to borrowers to revive demand and kick-start the investment cycle.
'Trade cannot take place when there is no trust.'
The country saw two straight years of deficient monsoons.
According to Bambawale, even while tensions were high between the two nations, there had been contacts at the operational level.
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
Sushma Swaraj arrived in Bangladesh capital Dhaka on Wednesday night on her first official visit abroad after becoming External Affairs Minister during which she will hold talks with the top leadership on key bilateral issues including land boundary agreement, proposed Teesta river pact and illegal immigration.
Budget forces last minute change in finance minister's plans.
Days before Narendra Modi arrives in the US to speak at the UN, meet Barack Obama, gupshup with the likes of Nadella, Pichai, Zuckerberg, and address desis in Silicon Valley, his ministers will help set the commercial and strategic tone for the prime minister's visit.
Congress General Secretary Digvijay Singh on Thursday said Shashi Tharoor, who was eased out as party spokesman for praising Prime Minister Narendra Modi, still enjoys a high-level of confidence among the partymen.
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