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RBI further tightens gold import rules to tame demand

In yet another step to contain the current account deficit, the Reserve Bank on Monday imposed restrictions on gold imports by banks and other authorised agencies. As per the new norms, all banks......

RBI reverses forex relaxation for SEZs

Clamping down  on the delays in repatriating foreign exchange earnings,  the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and......

India may scrap SEZ policy

Existing units stay operational; those approved may not be notified, land could be used for other purposes Plagued by a series of controversies and scams, it seems, the government is finally......

Post-Budget pessimism on investor interest in SEZs

In the wake of the Union Budget proposals, developers of Special Economic Zones (SEZs) say the scheme is heading for an end, with investors' interest certain to reduce drastically.Developers of......

Exports from SEZs grow 17%

Exports from special economic zones increased by 17 per cent year-on-year to Rs 2.60 lakh crore (Rs 2.6 trillion) during April-December 2011, the Export Promotion Council for EOUs and SEZs said on......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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