At a time when investors are taking a "wait and watch" approach on fresh investment, Tamil Nadu in the past 10 months has signed 63 MoUs, enabling investment worth Rs 19,083 crore. After Palaniswami took over as chief minister in February 2017, cumulative FDI rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion by June this year. Thanks to the Tamil Nadu Business Facilitation Act, 2018, and the single window for applying and getting clearance for doing business, the ease of business issue has been addressed.
She faced off against former disciple-turned-defector Suvendu Adhikari in a very different contest. It's not land acquisition, but an ego clash that has acquired, tragically, communal overtones, explains Kanika Datta.
While the denial rate has dropped slightly to 21 per cent in 2019 from 24 per cent in 2018, the National Foundation for American Policy has said it is much higher for Indian IT companies like Tata Consultancy Services (TCS) and Wipro and very low for American companies like Amazon and Google. For instance, the denial rate for TCS and Infosys in 2019 was 31 per cent and 35 per cent respectively, whereas for Wipro it was 47 per cent and 37 per cent for Tech Mahindra. On the other hand, the denial rate for the new H-1B petitions in 2019 was just four per cent each for Amazon and Google. The denial rate for Microsoft during the same period was six per cent, and Facebook along with Walmart was just three per cent each.
'Modi has not lacked courage in the political sphere. It is time he showed it in the economic sphere as well.' 'To do this, he needs to shed the simple-minded nostrums about economic growth and swadeshi that he learnt in the Sangh Parivar,' suggests Virendra Kapoor.
Observing that India's worsening COVID-19 situation and the strict measures to contain it have hit the economy hard, the rating agency said productive capacity has been severely disrupted since the start of the pandemic.
'Those (Russian) fighter jets just drop bombs and fly away.' 'How will they know if a bus is carrying Indian students?'
Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?
China has smothered most outbreaks within its borders, keeping new case numbers low.
'We are today worse off today compared to where we were two years ago by as much as 43 per cent,' notes Mahesh Vyas.
Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.
The four are said to be belonging to the ruling Communist Party of India-Marxist's union outfit -- CITU, one of the 10 trade unions, which were on strike on Wednesday.
Prime Minister Narendra Modi's announcement of providing free inoculation to all adults will entail total spending of anywhere between Rs 45,000 crore and Rs 50,000 crore. This is higher than Rs 35,000 crore that the government had budgeted.
Both India and China talk now of self-reliance when their external trade, in relation to GDP, has been falling for some years, points out T N Ninan.
'Businessmen like Rajiv render public service when they speak truth to power,' observes Virendra Kapoor.
'This government has not created any employment.' 'Forget employment, the government had not done anything in skill development.'
In all, 14 unions representing bank employees and officers will be supporting the day-long stir.
ISI chief Faiz Hameed coerced the Taliban to announce an interim government guaranteed to preserve Pakistan's control over the levers of power in Kabul, observes Ambassador M K Bhadrakumar.
Macroeconomic management is usually a lot more comfortable with lower fiscal deficits. The sooner we get there, the better for the economy, says former Chief Economic Adviser to the Government of India Shankar Acharya.
Senior Congress leader and former finance minister P Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.
The minister observed it took years to get permissions to start a project.
'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.'
Britain's outgoing Prime Minister David Cameron on Wednesday asked opposition Labour party's embattled leader Jeremy Corbyn to step down in the national interest, saying "for heaven's sake man, go".
US Secretary of State Mike Pompeo on Wednesday named Robert Destro, assistant secretary of state for democracy, human rights and labour, as the special coordinator for Tibetan issues. Destro will focus on advancing dialogue between the Communist-run government in Beijing and the Dalai Lama, protecting the distinct religious cultural and linguistic identity of Tibetans, improving respect for their human rights and much, much more, Pompeo said.
It is likely the government will divide the country into different zones during the proposed extended period of lockdown and might permit a few services to function in safe zones.
The government was going in the "wrong direction" and it was "highly condemnable" that it did not discuss the proposed changes with trade unions and other stakeholders, says BMS, trade union arm of the RSS.
There is talk of a fresh approach to a new labour code as well as reforming land acquisition laws in such a way as to be politically.
For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.
He vowed to fight to get back a mega food park project to his constituency in Amethi.
J R D Tata and Air India... Mrigank Warrier explores one of India's eternal love stories.
"I have actually undertaken the maximum reforms but I have an enormous task ahead for myself."
The Indian High Commission made its displeasure known despite the British government earlier reiterating that the three New Delhi laws on agricultural reform were a "domestic matter".
Access to India's defence market must be made conditional -- available only to those who are ready to make a long-term commitment in India, argues Ajai Shukla.
In sectors like IT, cybersecurity, advanced manufacturing, and transportation, the H-1B One Workforce grant programme would be used to upskill the present workforce and train a new generation of workers.
'The answer for a quicker boost to growth is simple -- run a much larger deficit, use the resulting public resources to ensure adequate price support for agriculture, subsidise wage costs of MSMEs and accelerate public sector construction-intensive activities,' advises Nitin Desai.
India displayed its military might and vibrant cultural heritage on Rajpath on Wednesday with the grandest flypast with 75 aircraft to mark the 'Azadi ka Amrut Mahotsav' celebrations being the highlight of the 73rd Republic Day Parade, which was drastically scaled down in view of the Covid pandemic.
'If you talk about any kind of equality, you are under attack.'
'It is never a good idea to let the broad population determine policy that is the domain of experts and specialists,' notes Aakar Patel.
Registering a jump of 10 places in the rankings, Uttar Pradesh occupied the second position in 2019 as against 12th in 2018.
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.
By passing this bill, Congress is showing that the US will not turn a blind eye to the suffering of the oppressed, House Republican Leader Kevin McCarthy said.
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