Ficci is also concerned that outsourcing, relaxation of export-controls on dual-use technology are other issues that can 'hinder' the burgeoning relationship.
NITI Aayog member V K Saraswat said the shutdown of internet services did not have any significant impact on the economy in J-K.
Industry lobbies have begun pre-budget consultations with the Union finance ministry for 2010-11.
"We are working on a (subsidy) mechanism, as it's very difficult to implement dual pricing of diesel," Petroleum Minister Murli Deora said
Federation of Indian Chambers of Commerce and Industry said the Reserve Bank's step may make availability of funds through external commercial borrowing route more expensive.
The Gulf Cooperation Council countries -- Bharain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates -- present a lot of trade opportunities for India, he said. The Assocham has been promoting India as an investment destination for infrastructure, biotechnology, power, roads, IT and allied sectors. It has also created an Andhra Pradesh Investment Cell to attract investments to the state.
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.
Rajinikanth's comments on the Cauvery issue have often made him the target of pro-Kannada outfits who threatened to disrupt his film's release in Karnataka. However, this time there has so far been a lack of fanfare even in Tamil Nadu. R Rajagopalan explains why.
Karnataka Film Chamber of Commerce President Basant Kumar Patil announced a one-year ban on actress Ramya
In a letter to US lawmakers, Chamber Executive Vice President (Government Affairs) R Bruce Josten said countries have already started taking retaliatory measures in response to the 'Buy American' provisions of the stimulus package. 'The 'Buy American' requirements are having a major impact on projects administered by state and local governments, resulting in declining trade and lost jobs for American workers,' the letter said.
Rajiv Khanna, a New York-based attorney who heads the India-America Chamber of Commerce, was last month named chairman of the newly-launched business council of the Indian National Overseas Congress.
The Ministry of Company Affairs (MCA) has sent notices to all Indian Premier League franchisees, both old and new, asking them to furnish detailed company-related information.
The Ministry of HRD, government of India, Department of Science & Technology, government of India and The Associated Chambers of Commerce and Industry of India present the Fifth Education Fair: International Exhibition and Seminar.
Importers may be hit by delay in receipt of documents. But, they cannot hold the negotiating bank or the nominated bank or the LC-issuing bank responsible for the delay.
One of the papers could be on liberalising the foreign direct investment regime in the retail sector.
Ficci: Rationalise tax structure; CII: Space for fiscal incentives is limited.
Israel will discuss the issue of homeland security with West Bengal which is reeling under the brunt of Maoist extremism.
Working for the adivasis' well-being through means that secure their rights, honour their dignity and build a shared prosperity will make the Maoists irrelevant, says Rajni Bakshi.
It's been full circle for Gautam Adhikari, erstwhile Washington bureau chief of the Times of India, who returns to the US capital and the think tank circuit as a visiting fellow at the East-West Center for a year-long residency co-sponsored by the Federation of Indian Chambers of Commerce and Industry, reports Aziz Haniffa.
'I would like to convey the message to your readers that the prime minister himself is directly seized of the situation on the ground. He periodically reviews the situation on the ground and how it is moving forward, taking inputs from economists, business leaders, chambers of commerce.'
India said said that rolling back of fiscal and monetary stimulus packages, injected by the government to counter the effects of economic downturn, at this stage would be "counter-productive and disastrous to the industry."
Banks in India will need about $100 billion (Rs 5 lakh crore) of capital over the next decade as the system grows to meet credit requirements of an expanding economy, Om Prakash Bhatt, chairman of the State Bank of India said.
Canada is not reaching out to India to the extent it could have, said Union Road Transport and Highways Minister Kamal Nath.
India's business leaders have reacted strongly to government opposition to the opening up of higher education to private investment that might help millions of young people.
"Thank you so much for such great honour and this rather humbling introduction. I am deeply moved and I hope I can live up to the expectations you have as to last for 10 years," said Tata.
Rajan Bharti Mittal, vice-chairman and managing director of Bharti Enterprises took over as president of Federation of Indian Chambers of Commerce and Industry (FICCI) at the conclusion of its 82nd annual general meeting (AGM).
Captains of the industry, particulary the outgoing chairman of Federation of Indian Chambers of Commerce of Industry Harsh Pati Singhania, who is also the managing director of JK Paper Mill, hailed the Union Budget.
The industry body also asked for extending cost subsidies to all cold chain projects ranging from 25-50 per cent of the total cost.
Diamond prices fell about 30 per cent last year and had recovered by almost 15 per cent this year. Further recovery is imminent by the end of this year, said Mehul Choksi, chairman of Gitanjali Gems, a leading jewellery manufacturer and retailer, on the sidelines of a seminar organised by the Federation of Indian Chambers of Commerce and Industry in Mumbai on Monday.
The survey predicts that agricultural growth would contract by 1 per cent this fiscal, but the industry would grow by 8.5 per cent, and services by a smart 9 per cent.
The pre-Budget memoranda of the Indian Drug Manufacturers Association and the Federation of Indian Chambers of Commerce and Industry have said more incentives are needed to spur drug research.
Two days ahead of the high tide warning, corporate houses here are busy drawing plans to meet any possible recurrence of the 26/7, 2005 deluge in the metropolis.
Bharti Airtel Chairman Sunil Bharti Mittal said India has lost one of the finest political leaders and a legal luminary.
The Direct Taxes Code is likely to be implemented from 2011-12. Sources said the bill in this respect may be tabled in Parliament in the Budget session.
The Indian industry has thus joined hands with the government in urging Americans to lift stringent export controls on high-technology transfer.
Following widespread drought and floods in various parts of the country, food inflation climbed to more than a 10-year high of 19.95 per cent in December, driven mainly by higher prices of potato, other vegetables and pulses.
The meeting will focus on how to make the crisis an opportunity for India.
With the liquidity situation in India likely to be a little tight in the days and months ahead, the surveyed economists believe that the Reserve Bank of India may not raise interest rates in a hurry and ensure enough liquidity in the system to keep the growth momentum going.
