Godrej and some other firms are frustrated at what they say is the slow execution of projects and lack of government support, which are hampering India's efforts to compete with China and Russia as a cheaper option for launching satellites.
India should revamp its bureaucracy and speed up decision-making process if it has to attain an annual growth rate of 12-15 per cent per annum, global investment advisor, Marc Faber, said on Wednesday.
Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.
The government said on Thursday that it will not allow 'red-tape' in the new energy sector and was working to do away with difficulties faced by industry in the field.
The delay and faltering partnership mean Wal-Mart may miss out on the "first-mover" advantage in a country considered the last great frontier for global retailers.
The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.
Clearance for many strategic roads have been delayed because the ministry of environment and forests as well as respective state forest and public works departments have been sitting on the proposals without realising their importance to national security, reports RS Chauhan
Quick commerce company Zepto has completed a reverse flip from Singapore to India to become an Indian parent's entity ahead of its proposed IPO. Its co-founder and CEO Aadit Palicha, in a post on LinkedIn, described it as a historic milestone for the Indian startup ecosystem and an inflection point that represents long-term confidence in the liquidity and depth of Indian capital markets.
India remains the largest growing economy in the world, a senior official from the International Monetary Fund said, observing that the country's macroeconomic fundamentals are good. "India is said to remain the largest growing economy in the world. We project growth at seven per cent in FY24-25, supported by recovery in rural consumption, as there have been favourable harvests.
The latest book, in Singh's words, is "not merely a recounting of events but a mosaic of narratives, each woven with the depth and nuances of storytelling".
Transport projects worth Rs 60,000 crore are languishing due to red tape, while the city continues to struggle against bottlenecks created by many of them.
Hulk Hogan, who helped turn pro wrestling into billion-dollar spectacle, dies at 71
'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'
'The largest listenership for Vividh Bharati outside the country is in Spain.' 'The labourers who go there for the tomato-picking season feel cut off from their country and listen to Vividh Bharati to overcome their loneliness.'
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.
I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'
During the conversation with the owners, Gandhi delved into the fascinating journey of the iconic start-up that seamlessly blends legacy with modern ambition.
Prime Minister Narendra Modi and Rajasthan Chief Minister Ashok Gehlot on Thursday exchanged jibes over the red diary that a sacked state minister claims records financial misdeeds of the CM and his colleagues.
Transit accommodation in the Western Court Annexe or state bhavans will be provided to the newly-elected members who don't already have a government house in Delhi till they are provided regular accommodation by the Lok Sabha's House Committee, it said.
Flagging "anxieties" of business leaders on issues like red tape, tax laws, regulation and proceedures, Prime Minister Manmohan Singh on Friday said he often found it tough to deal with these challenges due to "lack of political consensus on reforms".
The high-profile departures have their roots in red tape and business-unfriendly policies.
He spoke about how the understanding of release point while bowling worked for the players.
Sitaram Yechury strived to have the country's Left movement shed its doctrinaire approach to India's socio-cultural complexities and stitch electoral and social alliances to fight the Sangh Parivar.
With a large number of Indian youth aspiring to work in the railways, delays in filling up railway job vacancies were a point of criticism against the BJP in the run-up to the elections.
Was it plain red tape or lack of direct evidence against the ISI which prevented India from being part of the suit before the US court? Vicky Nanjappa finds out.
For misdeeds of a small number, we can't punish all the stakeholders: Modi
Calling for "autonomy from red tape and local politics" in India, Nobel Laureate Indian-American scientist Venkataraman Ramakrishnan on Tuesday said many scientists of Indian origin may return home if the government made "attractive offers" to undertake research in science.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
Was it Uddhav's back-seat driving of Shinde's ministry Did Shinde feel slighted by Aaditya Thackeray's rapid ascent in the Shiv Sena? Was his spat with Sanjay Raut on Monday the last straw?
Prime Minister Narendra Modi on Tuesday said India will become the growth engine for the world in the coming years, and the ease of doing business has improved with "mission-mode" reforms being undertaken by his government. Speaking at the BRICS Business Forum Leaders' Dialogue in Johannesburg, Modi also said India soon will become a $5 trillion economy.
Bhakshak should create some awareness and maybe raise some compassion towards victims of abuse, observes Deepa Gahlot.
The Congress had released 3 audio tapes in run up to the floor test, claiming that the BJP leaders were trying to 'poach' on the party MLAs
Prime Minister Narendra Modi on Thursday suggested the G20 trade ministers to work collectively to ensure equitable competition between large and small sellers as there are challenges in the fast growing cross-border e-commerce. In a video message at the G20 Trade and Investment Minister's meeting here, he also emphasised on the need to address the problems faced by consumers in fair price discovery and grievance handling mechanisms. "Digitising processes and use of e-commerce have the potential to enhance market access. "I am glad that your group is working on the 'High Level Principles for the Digitalization of Trade Documents'. These principles can help countries in implementing cross-border electronic trade measures, and reduce compliance burdens.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
Andhra Pradesh bagged the Best State award for overall growth in tourism category.
Modi assured US investors that in the next six months, he would implement all the things necessary for ease of business in the country.
Anasuya Sengupta became the first Indian to win the Best Actress award in the Un Certain Regard segment of the Cannes Film Festival.
Lillian Carter, a trained nurse and a Peace Corps worker, spent two years of her life, when she was in her late 60s, serving the poor in India, in the 1960s. She was posted as a volunteer to Vikhroli, then a village 30 km outside of Mumbai and a Godrej township, and was there from 1966 to 1968.
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