Services attracted the most FDI during the first eleven months period of 2015-16.
The draft favoured up to 49 per cent foreign equity in inventory model in the case of 100 per cent made in India products sold through Indian management-controlled platforms with resident Indian founders/promoters.
CBI has registered a case against general secretary of Mumbai BJP Mohit Kamboj, his jewellery manufacturing firm Avyaan Overseas, its directors, few mid-level bankers and others for alleged diversion of funds by availing fraudulent foreign bills negotiation limit and export packaging credit limit, issued by lender Bank of India between 2013 and 2018.
Access to India's defence market must be made conditional -- available only to those who are ready to make a long-term commitment in India, argues Ajai Shukla.
The government believes that WTO's push for initiating negotiations on substantive obligations related to e-commerce will oblige India to permanently accept the current moratorium on imposing customs duties on products traded electronically.
The apex court asked the counsel for the Centre to specify the status of rules which were to be formulated in pursuance of its direction to protect cattle smuggling to Nepal and posted the matter for further hearing after summer vacation from May 10 till July 2.
Modi may take satisfaction from his display of considerable political skill in managing a mercurial, temperamental and unpredictable US president and nudging him into uncharacteristic restraint and even carefully orchestrated remarks. This personal chemistry will come in handy if Trump returns as president in the November elections, says former foreign secretary Shyam Saran.
BJP-ruled states push through amendments to laws, aim to get larger share of FDI pie
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
The United States, the United Kingdom, the European Union and NATO have expressed concern on the new law and warned of retaliatory measures.
Pakistan had promised to grant this status, mandatory under global trading rules, to India in December 2012.
'He could indeed survive [the no confidence vote] even as he faces his biggest political test.'
Jaishankar criticised the UNHRC for its criticism on the situation in Jammu and Kashmir,
'The US and India continue to use their deepening relationship to build new partnerships within and beyond the Indo-Pacific.'
The state government has introduced a new, more prohibition stringent law
External Affairs Minister S Jaishankar said if 'you look at the totality of our ties and we will look at where we have strong economic synergies, where we have strong technology promptings, these are really based on the flow of talent.'
Both statesmen possess a cultivated pugnacious style which they keep in reserve and can at will bring into play, and despite the mutual distrust in Russian-American relations, they are proponents of detente, quintessentially, who take their mission deadly seriously, points out Ambassador M K Bhadrakumar.
Addressing a press conference, Trump described Modi as a "terrific" leader and India as a "tremendous country".
Sebi's main contention against brokers is that the NSEL was offering paired contracts and they were forward contracts, which were "illegal".
The villagers, led by Budha Ismail Jam, along with several other farmers and fishermen, allege that coal-fired Tata Mundra Power Plant in Tunda village in Kutch district, has resulted in widespread environmental damages.
Sustained capital inflows supporting the rupee sentiment, a forex dealer said.
Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
India on Tuesday summoned Pakistan Acting High Commissioner Mansoor Ahmad in connection with the suspension of Srinagar-Muzaffarabad and Rawalakot-Poonch bus services by Pakistan, which has demanded release of its national arrested for smuggling narcotics worth Rs 100 crore across the LoC.
The National Assembly Standing Committee on Foreign Affairs on Monday issued a four-page policy paper linked to Kashmir.
At any time, there is a need to operationally deploy two aircraft carriers in the vast Indian Ocean, asserts Vice Admiral Premvir Das (retd).
With a sole mandate of inflation targeting, RBI wears many hats.
The Commerce Ministry on Friday proposed revamp of the SEZ policy to address issues concerning land acquisition and boost exports with a view to bridge the widening trade deficit.
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.
Prime Minister Malcolm Turnbull's first State visit to India is an indication of the success of India's Act East Policy, says Dr Rahul Mishra.
The government is also working on Euroclearing, the world's biggest bond settlement system, for Indian debt securities.
How much are others responsible for the Trump presidency moving in the directions it has, asks T N Ninan.
Prime Minister Narendra Modi on Saturday hard sold his government's reforms spanning from manufacturing to taxation to labour, saying they have changed the world perception about the country from 'why India' to 'why not India' and went on to quote record foreign investment during the pandemic as a testimony to that. Speaking at industry association Assocham's Foundation Week event, Modi also said agriculture reforms brought by his government six months back have started benefiting farmers. The reforms in the last six years have influenced in changing the sentiment of the industry from 'why India' to 'why not India' in investing.
'2020 will show whether India's troubled domestic economic and political house reveals a mismatch in their strategic association or whether closer strategic ties are yet possible,' says Anita Inder Singh.
The CAD was brought under control in 2013-14 after government imposed restrictions on import of gold. Following, this in 2014, certain restrictions were withdrawn.
'If the situation escalates, then mini-scale firing might happen.'
Union minister Prakash Javadekar accused the Congress of ignoring farmers' interests and keeping them poor to ensure cheap grain prices, and asserted that the Modi government empowered them by implementing the Swaminathan commission report to give them remunerative price through MSP.
You may be popular initially because of politics and ideology but if the economy slows down, you will be losing your popularity: Nouriel Roubini.
'By holding forth on Swadeshi economics, Bhagwat is showing his intent to fight back,' says Shekhar Gupta.
Call it an impact of the hopes of rate cuts in the country or renewed interest by foreign investors, BSE's Realty Index has outperformed big brother Sensex in the last 11 trading sessions - from the day when the Maharashtra government scrapped the Urban Land Ceiling and Regulation Act (Ulcra), which is expected to free 17,000 acres of land in Mumbai.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
