GST was 'flawed' and had unleashed a 'tsunami of tax terrorism', he said.
Expressing concern over India's huge import bills on energy, Defence Minister Pranab Mukherjee on Friday said the situation regarding the international energy supplies figured promptly during his discussions with the US defence secretary Donald Rumsf
In an effort to improve Indo-UK bilateral trade, the British Chamber of Commerce and Industry will bring out an India Fact File on September 1, Indian High Commissioner to the UK, Kamalesh Sharma said in London.
Larsen and Toubro, I-flex and Hindustan Petroleum Corporation were presented PHD Chamber of Commerce and Industry Awards for Excellence 2004 on Friday.
Non-resident Indians have offered to invest $2.7 billion for developing a city within a city, Minister for Non-Resident Affairs Jagdish Tytler said on Thursday.
The higher than expected growth in the second quarter of 2013-14 is an indication of recovery in economy but some key sectors still need to perform better, India Inc said on Friday.
Canada and India would soon sign an agreement envisaging greater cooperation in the field of entertainment, especially animation films, Canadian High Commissioner Peter H Sutherland said on Friday.
The Indian industry is not yet fully prepared for the complete elimination of tariffs in the World Trade Organisation identified seven key sectors, including textiles and auto components, the PHD Chamber of Commerce and Industry has said.
PHD Chamber of Commerce and Industry on Thursday asked the government to revamp tax structure and extend tax holidays for the high-cost and risky research and development sector
Prime Minister Manmohan Singh on Monday said India is poised to deliver 7-8 per cent economic growth in the next fiscal.
With the termination of multi-fibre agreement set for January 1 2005, India is poised to double its share in the global textiles and garment market to eight per cent and become a $50 billion sector by 2010, says a PHD Chamber of Commerce and Industry
Small and medium enterprises would continue to play a vital role in enhancing India's exports, L Mansingh, the director general of foreign trade, said in New Delhi.
"We are open for further reduction in prime lending rate," Indian Banks Association Chairman Dalbir Singh said in New Delhi while addressing a seminar organised by PHD Chamber of Commerce.
Drug Controller General G N Singh said the regulator is addressing all the pending issues to liberate the pharma sector and to simplify export regulations which will be reflected in the forthcoming policy.
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The Finance Ministry has asked tax evaders to pay their dues or face necessary action.
The warning by the anti-trust watchdog has come days ahead of Amazon founder Jeff Bezos' India visit, about which the Seattle-headquartered company has been tight-lipped. Sources in the know indicated that Bezos, coming on a short trip, has sought a meeting with Prime Minister Narendra Modi.
Bharti Airtel Chairman Sunil Bharti Mittal said India has lost one of the finest political leaders and a legal luminary.
It would pave the way for Jammu and Kashmir to attract large-scale investments, the industry leaders said.
Passenger fares and freight rates were left untouched
Aam Aadmi Party swept the Delhi polls with 67 seats.
The ease of doing business has not picked up in a vast number of states and Union Territories.
Reversing a six month declining trend, WPI inflation moved up marginally to 0.11 per cent in December mainly because of increase in prices of food items.
Government wants to increase coal production so that it can meet the ever increasing coal demand.
Ahluwalia said the government has taken steps to push the infrastructure sector and there are signs of improvement in the core sector production performance of steel, power, coal and cement during July and August.
India Inc on said the Seventh Pay Commission set up today for central government employees is likely to lead to additional burden on the exchequer and increase inflation by pushing demand.
'His death is an irreparable loss to the nation'.
"It (JK) is not a political issue as far as I can see. They have been barking up the wrong tree for the last 50 or 70 years by talking about the politics of it, that the political situation has never improved. We seriously need to look at in terms of how it is a society that is in search for itself," Drabu had said at an event organised by the PHD Chamber of Commerce and Industry in New Delhi on Friday.
India Inc on Thursday rallied behind the Army's move to conduct surgical strikes on terror launch pads across the Line of Control and said it was the time to act tough while ruling out any negative impact on the country's economy and trade.
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Narrowing of the current account deficit will help arrest depreciation of the rupee and ease inflation concerns, industry groups said.
'It is a balanced and prudent Budget that sets the foundation for future growth in the economy.'
The government's move to set up a regulator for the coal sector would help bring in transparency, encourage exploration and enhance quality of the dry fuel, India Inc said on Friday.
The Cabinet on Thursday approved 49 per cent foreign investment in insurance companies through the Foreign Investment Promotion Board route ensuring management control in the hands of Indian promoters.
The UK voted to leave the European Union after 43 years.
BMS, a union affiliated to RSS, plans rally at Delhi's Ramlila Ground on Nov 17; SJM to protest on Oct 29.
Terming the rise in October retail inflation despite a bumper crop as "disturbing", India Inc said the government must immediately address supply side bottlenecks to bring down the consumer price inflation.
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