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After a high-level meeting held on Friday chaired by Prime Minister Manmohan Singh, it has been decided that the Commerce and Industry would soon start a consultation process to address 'dangers inherent' in the current model of FDI in brownfield pharma units.
Six metros in which FDI in multi-brand retailing will be permitted are Delhi, Mumbai, Kolkata, Chennai, Bangalore and Hyderabad.
To tap the growing Indian interest, the Department of Tourism and Commerce Marketing, in conjunction with the Dubai Properties Group will organize Dubai real estate road shows in 2007.
Even as India gears up for election results on May 16, a group of senior Bharatiya Janata Party leaders have taken up an informal initiative to see how a 'Modi ministry' will look like, in case the party forms the government at the Centre.
Indian mangoes are all set to tickle the taste buds of Americans with the Bush administration clearing the way for exports to the US this harvest season, which would give farmers here access to the global market.
Karnataka suffered a crop loss in around 97,365 hectares out of the total bearing area of 2,26,244 hectares of coffee and spices plantations.
Amazon, however, claimed that it is just a service provider and doesn't own goods at any point of sale due to which it is not liable to pay this tax.
The government is likely to announce significant policy measures relating to allowance of foreign direct investment (FDI) in the multi-brand retail segment, even as the Department of Industrial Policy and Promotion (Dipp) under the Ministry of Commerce and Industry is giving final touches to the draft report prepared by an inter-ministerial committee.
According to a senior commerce department official, talks between India and the Association of South East Asian Nations (Asean) - the 10-country trading bloc - have hit a roadblock, with some of the advanced developing countries demanding greater flexibilities from India.
Amazon has also signed a term sheet with Kishore Biyani-led Future group to invest $600 million to $700 million for a 12 to 15 per cent stake in the retail giant, it is learnt.
Cap in single-brand retail likely to be 74%.
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
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.
Despite Uber facing a ban across many states, including Karnataka and Maharashtra, for Lingaraju, a driver employed by the company in Bengaluru, it is business as usual.
Court cases likely over interpretation of the new levy proposed in the Budget for digital economy.
United States President Barack Obama will visit Mumbai on November 6, during his four-day mission to India, US-India Business Council announced on Monday.
India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minister Nitin Gadkari said on Wednesday amid the border standoff with China. Gadakri also said the government will ensure that Chinese investors are not entertained in various sectors like the micro, small and medium enterprises (MSMEs).
Chidambaram has not been named as an accused in the FIR and the CBI is yet to file a chargesheet in the matter.
The document consolidating all the aspects of foreign direct investment policy and framework will be released by commerce and industry minister Anand Sharma, an official said.
State-run Bank of Baroda and Oriental Bank of Commerce are among those facing scrutiny.
Mukherjee's family and relatives paid their last respects clad in PPE kits while conforming to COVID-19 safeguards.
Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.
The approvals would be handled independently by administrative ministries of different sectors.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
The exemption from MAT does not apply retroactively.
It, however, does not manufacture devices on its own and rather does it through contract manufacturers.
Credit to priority sectors as well as small and medium industries will be discussed to find ways to accelerate economic growth.
Srinagar-born Dr Vijay Sazawal, 64, of Bethesda, Maryland, who has over 35 years of professional experience in the nuclear industry covering the entire fuel cycle, has been appointed by United States Secretary of Commerce Gary Locke to serve on the Civil Nuclear Trade Advisory Committee for a period of two years.
The commerce and industry ministry is not in favour of allowing foreign airlines to buy stake in Indian carriers on the ground that the sector is sensitive.
Google is going ahead with a policy revision mandating 30% charge on in-app purchases across all apps on Play Store. This has left developers' community worried about tighter squeeze on their earnings, says Yuvraj Malik.
A single agency would soon handle all applications for export licenses in the US, President Barack Obama said as he laid down his motive of streamlining the cumbersome and time consuming procedure across multiple agencies.
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
