Karnataka is currently the second largest recipient of foreign direct investment in India, as it approved 934 FDI proposals worth Rs 7826 crore (Rs 78.26 billion) during this year.
Ramesh, however, said it was too early to talk about all this right now as the Congress' first priority was the upcoming elections in Karnataka and the string of state polls this year.
This amendment is proposed to be made retrospectively effective from FY16 onwards.
"We are upgrading both our processing plants in Maharashtra and Karnataka. The capacity will be enhanced along with other utilities such as cold chain in six months. The investment in this company (Godrej Tyson) will be close to Rs 40 crore (Rs 400 million)," Godrej Agrovet and Godrej Tyson Managing Director B S Yadav said.
There's an entire gurdwara dedicated to immigration. People present tiny airliner models here in the hope that Waheguru will soon give them a ticket, passport and visa to leave, reveals Shekhar Gupta.
The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.
Rahul Gandhi, on Friday, was disqualified as a member of the Lok Sabha, a day after a Surat court sentenced him to two years imprisonment in a defamation case filed against him over his 'Modi surname' remark.
'Both the people have a perspective and are people of stature and people of understanding'
The court at Hoannalli in north Karnataka observed that the Corps of Detectives had failed to file a chargesheet in 90 days, which is mandatory as per Section 162 of the Code of Criminal Procedure. Nasir was first arrested on charges of theft. However, during the course of the investigation it was revealed that Nasir along with others had planned to blow up several places in Karnataka, Goa and Andhra Pradesh.
The Karnataka Congress is a "united house" and it will fight the assembly polls next year on its own under a "collective leadership", party's state unit chief DK Shivakumar said on Thursday.
The IIM-B's 'Karnataka innovation report' has become the basis for the Congress party's election narrative, particularly to distinguish it from the 'Gujarat model of development', reports Archis Mohan.
Ola and Uber have committed to spending Rs 15,000 cr to win the taxi market.
The Sena faction alleged corruption cases against BJP leaders are being suppressed.
Karnataka, the leading exporter of software and IT services in the country, has continued to attract global majors to invest in the IT sector this fiscal.
State govt asks the two taxi aggregators to end surge pricing.
The ruling Bharatiya Janata Party in poll-bound Karnataka on Friday sought to woo farmers, women and younger generation with a slew of welfare measures in its last budget in the current term, also earmarking Rs 1000 crore towards development and renovation of various temples and maths in the state.
Even as Karnataka plans to invest Rs 3,716 crore over the next 3 years to provide dedicated railway connectivity to the new international airport near Devanahalli from the city, experts feel that the Indian Railways' network in and around the city can be utilised to ferry passengers at a fraction of the cost. This network offers an intermediate solution that can ease some of the load from the highway.
The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
Ms Usha may soon discover that winning four gold medals at the Asian Games and qualifying for the Los Angeles Olympics is a walk in the park compared with the challenges of stabilising governance at the IOA, observes Kanika Datta.
Honda Motorcycle and Scooter India (HMSI), India's second-largest two-wheeler maker, on Wednesday revealed its electric vehicle (EV) roadmap, which includes setting up a dedicated EV factory, launching the first two EVs in 2023-24, and establishing 6,000 battery exchange points in the country. HMSI plans to establish a specialised unit for the manufacturing of electric vehicles (EVs), named 'Factory E', at its Narsapura plant located in Karnataka. Factory E will be created by converting an existing production line that currently manufactures internal combustion engine (ICE) vehicles, said Atsushi Ogata, HMSI managing director and chief executive officer.
Rather than a blind reproduction of the government template, a more productive way of enforcing affirmative action in the private sector could be to emulate an American model, suggests Kanika Datta.
Maharashtra fell behind Gujarat in attracting foreign investment during the MVA's tenure but in the next two years the present government would take Maharashtra ahead, said Fadnavis.
'There are occasions when the prices of individual items like food raise inflation; then supply-side measures must be taken.' 'But if there is continued inflation, it means liquidity is aggravating the situation.'
Abhishek Porel set to replace Rishabh Pant at DC, Sarfaraz to start as first keeper
Hitting back at Prime Minister Narendra Modi for his corruption jibe at the Opposition, Congress president Mallikarjun Kharge on Wednesday accused him of running a "bhrashtachari bhagao abhiyan" (make the corrupt flee campaign), and said that he must stop his image makeover by posing as an anti-corruption crusader.
If reports that Apple Inc plans to triple its iPhone production in India come true, it is likely to help the country become a supply hub for the American company. There are some 190 Apple suppliers globally, but only 12 have manufacturing facilities in India now. Apple's strategy is to focus on India and a clutch of other countries as it diversifies its supply chain out of China.
Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.
On his sixth visit this year to Karnataka, where assembly elections are due by May, he also asserted that the 'double engine' government is a necessity for the fast-paced development of the state.
While number of commitments inched up in 2015, its value slipped 23% to 11-year low.
Narayana Murthy requested the government to make commuting easier and provide healthcare facilities.
Once again, tax demands on foreign investors cause worry.
'Nirmalaji must consider herself a very lucky finance minister, partly because of the government's response to covid and partly because we as a nation have done very well as an economy, post pandemic.'
India Inc closed FY15 on a positive note.
Total foreign direct investment into India rose 2 per cent to the "highest ever" $83.57 billion in 2021-22 on account of various measures like policy reforms and ease of doing business taken by the government, the commerce and industry ministry said on Friday. Total FDI comprises equity inflows, reinvested earnings and other capital. In 2020-21, the inflow stood at $81.97 billion. It was $74.39 billion in 2019-20 and $62 billion in 2018-19. "India has recorded the highest ever annual FDI inflow of $83.57 billion in 2021-22," the ministry noted in a statement.
The victories with huge margins came as a Diwali gift and a shot in the arm for the nearly six-month-old alliance ahead of the 2019 Lok Sabha polls after facing frequent questions about its longevity.
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