The Pakistan industry's contention was that by trading in dollars, there is a substantial economic loss due to conversion.
Reserve Bank of India and State Bank of Pakistan are working on modalities for opening branches of each other's banks in both the countries.
The British High Commissioner to India, Michael Arthur, on Monday said his country was taking steps to make it easy for Indian students to gain entry into the UK.
India expects an inflow of $12 billion foreign direct investment into the country during the 2006-07 fiscal, a government official said on Saturday. \n
Expressing concern over India's huge import bills on energy, Defence Minister Pranab Mukherjee on Friday said the situation regarding the international energy supplies figured promptly during his discussions with the US defence secretary Donald Rumsf
Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.
The draft regulations for the new pension scheme likely to be out by September first week is expected to recommend fixing minimum base capital for pension fund management companies less than that stipulated for insurance companies.
Two NRI entrepreneurs Mayank Patel and Karan Bilimoria have won the prestigious London Business Awards for commercial enterprise and excellence.
A US court has asked Antrix Corporation, the commercial arm of Indian Space Research Organisation, to pay a compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.
By virtue of its position as a global repository of international financial expertise
Nasdaq-listed IT services major Cognizant has been chosen as the 'Best US company in India' for 2005 by the Indo-American Chamber of Commerce.
India's bilateral trade with China will cross $1 billion this calendar year, but the country needs to diversify from iron-ore exports to other areas such as dairy, yarn and electrical machinery for sustaining the momentum, a top government official s
Seeking to allay fears over the power situation in the state, Maharashtra Chief Minister Vilasrao Deshmukh has assured investors that steps are being taken by the government to improve infrastructure and make the state more attractive for entrepreneu
She added that the Centre had already reviewed the harassment bill and had consulted them while studying the domestic violence bill.
A report by the Dubai Chamber of Commerce and Industry said that Dubai had increased its export diversification over the five-year period between 2002 and 2006, with Iran topping the list with a share of Dh 94.3 billion or 15.2 per cent of the total exports that reached Dh 621.4 billion.
Customers have rejected the conditional access system, which if implemented would be a boon for consumers, multi-system operators and broadcasters, according to Kunal Dasgupta, chief executive officer of Sony Entertainment Television India Pvt Ltd.
Pointing out that government borrowings would be less than what was projected for the current fiscal, Union Finance Minister P Chidambaram on Tuesday said that there was pressure on inflation due to rising oil prices and money supply.
A newly-formed Europe India Chamber of Commerce has said that "factors other than commercial" have influenced India's decision to buy 50 aircraft
'No nation can be self-sufficient in defence, nuclear and space technologies without domestic capabilities in hardware development and manufacturing,' says the Wipro chief.\n\n\n\n
Air India's debt burden is estimated to be more than Rs 50,000 crore, besides huge accumulated losses.
The Associated Chambers of Commerce and Industry of India has sought the restoration of Notification in the Finance Bill 2005-06
Hinting at tax reforms during the next fiscal year, Prime Minister Manmohan Singh on Saturday assured the industry of better tax administration as he unveiled plans for Rs 60,000 crore
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