Government not looking at changing FDI policy for single brand retail at the moment
The FIPB, under the finance ministry, approves FDI proposals of investors based on the policy governing the particular sector.
GAAR impact: No relief for companies based in Mauritius
India has made it clear to Mauritius that it will not make an exception on the application of the controversial General Anti-Avoidance Rules.
India protests European Union study of data laws
India has protested against a European Union decision to study India's data protection laws.
Centre may set up Rs 2,000 crore venture capital fund to promote R&D in pharmaceutical sector
The Centre may set up a venture capital fund of Rs 2,000 crore to promote research and development (R&D) in the pharmaceutical sector.
India rethinks frequent ban on export of foodgrain, other farm commodities
Government is working on a policy to allow traders meet their exports obligations even in times of domestic shortages through imports.
US plays spoilsport, to nix India's wheat export plan
US has put a spoke in India's attempts to export wheat even before the govt can get its act together on the proposal to ship 2 mn metric tonne of wheat.
States opposing FDI in multi-brand retail have constitutional right to do so: Anand Sharma
States opposing foreign direct investment in multi-brand retail have the constitutional right to do so and it should be respected, Sharma said.
Jobless rate in FY12 below 4%
Labour dept is set to peg unemployment for 2011-12 at below 4%, admitting to faulty assessment of 9.4% for the previous fiscal .
Commerce minister says mutli-billion dollar investmet plans by Coca Cola, Ikea shows govt not lost
"We welcome investment of $ 5 bn by Coca Cola and Euro 1.5 bn by IKEA that is coming in. It is good news and things are moving. It's not that we have lost our direction," Sharma said.
Centre may ask states to lower tax on aviation fuel
The Centre is likely to ask states to lower tax on aviation fuel as a measure to discourage cash-strapped airlines from going in for cheaper imports.
We’ve got Visa power!
India and Pakistan have once again proved to all skeptics that when they talk business, they mean business! The signing of the new bilateral visa agreement replacing the restrictive 37 year old pact is yet...
Chinese Checkers
It may not be easy for Indians to love the Chinese. But it is impossible to hate them. Yes, they do flood us with cheap products ranging from diyas and crackers to chemicals, metals, electronics...
Economics scores over mindless patriotism
If Pakistan needed to show proof of its sincerity in wanting closer economic ties with India, it has indeed done so. It finally walked the talk this week with its Federal Cabinet agreeing to put...
Economics scores over mindless patriotism
If Pakistan needed to show proof of its sincerity in wanting closer economic ties with India, it has indeed done so. It finally walked the talk this week with its Federal Cabinet agreeing to put...
India-EU FTA–not a lost cause
The Indian media is full of stories on how the India-EU free trade agreement will not be signed during the India-EU summit in New Delhi on Friday. I wonder what made people think that the...
India-Pakistan’s MFN roller-coaster
When the Pakistani Cabinet decided on November 2 to allow grant of most favoured nation or MFN status to India that would result in removal of import restrictions, the media, as expected, went to town...
Love thy neighbour
Can we bully the Asean please?
The changed face of Doha
Make trade, not war
Bitter pill for multinationals
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