Former Union minister and Telugu Desam Party founder N T Rama Rao's daughter D Purandeswari on Friday joined BJP after quitting the Congress over the Telangana issue.
Exports are expected to grow by 10-15 per cent in the current fiscal, FIEO director general and chief executive officer Ajay Sahai said.
Developers have sought extension due to reasons such as adverse business climate, slowdown, and delay in approval and environmental clearances.
While the 27-nation bloc is pressing hard for a significant duty cut in automobile sector in the proposed Broad based Trade and Investment Agreement, Indian industry is strongly opposed to such a move.
The trade deficit is now at $21 billion.
Negotiations for a free trade agreement with GCC have been at a standstill since 2008.
The estimated loss is about Rs 1.64 crore.
Former Union Minister D Purandeswari, who joined the Bharatiya Janata Party after quitting the Congress over the Telangana issue, has been denied a ticket from Visakhapatnam Lok Sabha seat, which she represented.
The MFN (Most Favoured Nation, meaning non-discriminatory treatment for each other) issue is of prime importance to India, as it wants to have greater access in the Pakistani markets.
Many economists say only a substantial rise from October would point to a real recovery.
Come May 16, the BJP-led National Democratic Alliance will have more seats from Tamil Nadu and Andhra Pradesh than any formation mustered by the Congress, notes T V R Shenoy.
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