On the first day of the 10th Pravasi Bharatiya Divas in Jaipur, India sought investors to fulfill its goals in the field of solar energy, report Priyanka
Last year SBI's credit growth was 15.6 per cent.
In the first seven months of 2011-12, the Centre's fiscal deficit has crossed 74 per cent of the year's target. Inflation has been over 9 per cent for a year, despite food inflation falling considerably.
Directors Kiran Rao, Nandita Das and Javed Akhtar tell us why they favour the women reservation Bill
IT major Infosys Technologies will start construction work on its first software development centre in West Bengal, at Rajarhat near here, in three to six months, a top company official said on Friday.
The probability of a global recession is low, even though the United States is growing slowly and Europe is experiencing negative growth, Reserve Bank of India Governor D Subbarao said on Friday.
The crowd at the Confederation of Indian Industry's annual general meeting and national conference 2012 merely issued a round of half-hearted applause, though finance minister Pranab Mukherjee had earlier hinted a rate cut was in the offing in the next 'half an hour'.
High interest rates have been discouraging fresh investments and dragged industrial production down for nearly two years now.
India Inc on Tuesday expressed deep reservations over the supplier liability provision -- the contentious Clause 17(b) -- in the Civil Liability for Nuclear Damages Bill, 2010, saying it would seriously hinder nuclear commerce.
Wants all services included in tax, with a negative list.
India's second largest software exporter Infosys Ltd is eyeing big opportunities in cloud computing but advocates that there is need to put in place a policy framework for the same.
The current global financial crisis dominated the India Economic Summit's (IES) pre-event conference. The three-day event, being organised jointly by the World Economic Forum (WEF) and Confederation of Indian Industry (CII) from Saturday, would make its debut in this city after 26 years. The summit, an annual event, is usually held in New Delhi.
Industrial production grew by just 1.8 per cent year-on-year in December 2011 due to contraction in mining and capital goods sectors and a lower manufacturing sector growth.
In India, these global retailers exported goods worth $725 million in 2010. Modern retail constitutes 6.5 per cent of the $435-billion overall Indian retail market.
Economic growth slipped to a nine-year low of 6.5 per cent last financial year, but India Inc fears further deceleration in the GDP expansion during 2012-13, shows a survey.
'You have to explain to them about Indian investments in the US creating jobs this reverse outsourcing'
Senator Amy Klobuchar, Minnesota Democrat, praised Essar Americas for saving an iron-ore mine in her state.
The US-India Business Council (USIBC) in coordination with the Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce & Industry (Ficci) is preparing a list of invitees for the business summit to be addressed by visiting US President Barack Obama.
Human Resources practices in India are 10-15 years behind the curve and it is imperative to remodel them to suit the changing needs, aspirations and behaviour patterns of the skilled workforce, member of the Infosys board T V Mohandas Pai said in Bengaluru on Thursday.
The filmmaker and new mum spoke candidly about item numbers, and her husband Aamir Khan's new TV show.
The government has imposed a service tax of 10.3 per cent on the gross value of tickets of all classes on the domestic flights and economy class on international routes.
India Inc's investment spirit is down. A majority of leading CEOs expect domestic investments and money infusion abroad by Indian companies to grow by less than 10 per cent or to decline during 2012, in view of the current economic slowdown.
Industry chamber Confederation of Indian Industry said successive hikes in interest rates have had a dampening impact on industrial growth.
RBI has been on a rate hike spree since March 2010.
On the back of recent controversies involving the release of Niira Radia tapes, allocation of 2G spectrum and alleged financial irregularities in the Commonwealth Games, the Confederation of Indian Industry (CII) plans to launch a "moral leadership" campaign to combat the rising incidents of corruption.
A green building movement was initiated in India in 2001 by the Indian Green Building Council (IGBC), a part of Confederation of Indian Industry (CII) to promote eco friendly buildings.
Maharashtra Chief Minister Prithviraj Chavan welcomed the joint decision of CII and WEF to hold the summit in Mumbai.
In its mid-year analysis presented in Parliament earlier this week, the Finance Ministry had said that there were concerns about overheating of the economy in the midst surge in capital flows.
Favouring self-reliance in military technologies and weapons production, Navy Chief Admiral Nirmal Verma on Wednesday said that India should arrest the trend of importing arms.
We need to first give priority to some other important issues such as affirmative action, skill development, growth of manufacturing and getting the mega projects off the ground, says Muthuraman.
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.
The government on Friday admitted that providing more and better jobs to the young still remained a challenge, even as the Indian economy was back on a high growth path after hit by the global financial crisis for two years.
The lawmakers, speaking at a Capitol Hill event hosted by the Confederation of Indian Industry to release its new study about Indian companies investing heavily in the US and both saving and creating jobs, hoped that this message will alleviate the concerns over outsourcing and loss of American jobs among their constituents.
American lawmakers, who were attending the Confederation of Indian Industry's launch of a new study on Indian investment in the United States at a Congressional reception on Capitol Hill, showered Ambassador Meera Shankar with a surfeit of kudos, much to her embarrassment.Congressman Joe Crowley, New York Democrat and co-chair of the India Caucus in the US House of Representatives, said, "Ambassador you are a rock star". He also spoke of her receiving "a rock star welcome".
The CII feels the 20-year scheme was introduced to boost domestic industry and provide a platform to Indian industry to compete with their foreign counterparts.
Led by Ajay Shriram, chairman and senior managing director, DCM Shriram, the CEO's delegation seeks to convey to their American counterparts the sense of optimism amongst Indian industry.
The Confederation of Indian Industry, Organising Committee of Commonwealth Games 2010 and Indo-Canada Chamber of Commerce entered into an agreement to boost business ties between India and Canada.
France has eased the norms for mobility of employees to the country.
Although India's private health insurance industry's business volumes have grown by over 35 per cent a year in the last few years, a staggering 85 per cent of the population remains uninsured, according to industry estimates.
From being ranked at 56 last year, India now stands at 62, according to INSEAD and Confederation of Indian Industry (CII) and global business school INSEAD.
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