The government has been accused of ushering the economy into a period of jobless growth.
According to government statistics, Indian IT firms support 280,000 jobs in the US and have contributed about $15 billion to the US Treasury in the past five years.
PHDCCI has begun a head hunt for its new secretary general and deputy secretary general, following resignations of well-known economist Bibek Debroy and Amirulla Khan.
Industry representatives recommended that the basic annual exemption limit for individuals should be raised to Rs 1,50,000 from Rs 1,10,000 and the peak income tax rate be cut to 25 per cent, from 30 per cent at present.
RBI director S Gurumurthy the package of more than Rs 20 lakh crore announced by the central government can be described as an interim measure.
The Reference has asked the court for its view whether the verdict in the 2G case be given retrospective effect for radio waves granted since 1994.
'Today, these fringe groups are demanding that Rajni sir's film be stopped.' 'What is there to stop them from doing the same with more films in the future?'
The Forum is organised by Singapore Indian Chambers of Commerce and Industry, with the partnership of state-trade agency IE Singapore, the Confederation of Indian Industry and the Singapore Chinese Chamber of Commerce and Industry.
The empowered committee delegation, including state finance ministers participated in two round table conferences sponsored by the Indo-Canada Chamber of Commerce and the Canada-India Business Council. Tax experts from Couzon Taylor, Brian Wurts, HST Consulting etc, made presentations at the Canadian Imperial Bank of Commerce event.
Finance Minister Nirmala Sitharaman on Monday said the government is planning to extend the suspension of fresh insolvency proceedings for another three months, a move which will provide major relief to corporate borrowers hit by the coronavirus pandemic. Addressing the Bangalore Chamber Of Industry And Commerce (BCIC), she said the government has taken several measures, including deferment of tax payment date, to help businesses and people.
A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a USD 1.3 billion arbitration award over a cancelled satellite contract, according to the court order copy.
The unprecedented health crisis forced an indefinite shutdown of all sports activities -- both contact and non-contact. The FICCI said non-contact sports can resume first by maintaining social distancing norms.
Loss of confirmed orders, increase in wages and labour shortage were blamed on the scheme in a survey of 100 companies from diverse sectors.
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
As Amazon India, Flipkart are forced to shut down 60 categories and push out 45 mn products, a new lobby group comprising sellers is in the making to take up e-com concerns.
A visiting Pakistani women's trade delegation on Friday signed an agreement with India's Federation of Indian Chambers of Commerce and Industry to promote business between the arch-rivals.
Wants all services included in tax, with a negative list.
'My father's life sends a message that there are positive things happening between India and China, no matter what happens at the border.'
ICA is the world's leading institution for resolving international commercial and business disputes.
From rejecting the mercy petition of Afzal Guru to allegedly disapproving of the suggestion to send former West Bengal governor Gopal Gandhi as India's next ambassador to Myanmar, President Pranab Mukherjee continues to assert himself as a notable player in Delhi's political parlour.
Welcoming US President George W Bush's second term in the White House, industry bodies on Thursday said it would further strengthen Indo-US trade and economic ties.
Industry associations Ficci and CII have been termed liable for service tax. Ficci has approached government for exemption from the levy.
Sitharaman said that Indian startups have made and are making big contribution to the defence industry both in India and abroad.
'We look forward to seeing them show off their knowledge and hard work as they square off against the dictionary on the national stage.'
Defence cooperation not to undermine India's sovereignty: US
Kumar, a well-known economist and the author of several books, would succeed Amit Mitra, who has become the Finance Minister of West Bengal.
The visiting Pakistani business delegation on Tuesday urged Prime Minister Atal Bihari Vajpayee to ease visa norms for the Pakistani businessmen so that trade between the two countries could flourish.
India's leading industry chambers, the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (Ficci), said the US government should remove export restrictions on dual-use technologies.
"Now the gof India has decided to soon initiate procurement from local industries to reduce import dependence," he said. Reddy, the Union Minister of State for Home, said for many years India was dependent on worldwide Original Equipment Manufacturers (OEMs) for procuring arms and ammunition.
In the midst of a political thaw, a large trade delegation from Pakistan is arriving in India, crossing the Wagah border on Friday, to discuss bilateral trade issues with the Indian businessmen.
Annual event being organised by FICCI focuses on the investment potential offered by India's infrastructure sector.
The Indian government has approved the visit of a Pakistani business delegation to India, which is meant to revive economic ties between the two countries and provide an impetus to diplomacy.
