Government-industry task force to meet next week
August 10th, 2012 - 6:51 pm ICT by IANS
New Delhi, Aug 10 (IANS) A government-industry task force headed by Commerce and Industry Minister Anand Sharma will meet here next week to discuss fall in industrial output and ... Read more...
Posted in Business |
India, Singapore business chambers to boost trade
July 11th, 2012 - 7:15 pm ICT by IANS
New Delhi, July 11 (IANS) Business chambers of India and Singapore Wednesday signed a cooperation agreement to boost bilateral trade and investments.The Federation of Indian Chambers of Commerce and Industry ... Read more...
Posted in Business |
Anand Sharma to lead business team to Afghanistan
June 28th, 2012 - 9:44 pm ICT by IANS
New Delhi, June 28 (IANS) Commerce and Industry Minister Anand Sharma said Thursday he would soon lead an Indian business delegation to Afghanistan in a bid to enhance economic engagements ... Read more...
Posted in South Asia |
Pakistan defers MFN status to India
February 14th, 2012 - 9:43 pm ICT by IANS
Karachi, Feb 14 (IANS) Pakistan Tuesday deferred its decision to finalize a list of goods it does not want to import from India, an important step towards granting it ... Read more...
Posted in Uncategorized |
FDI war: Congress, opposition daggers drawn (Roundup)
November 30th, 2011 - 9:30 pm ICT by IANS
New Delhi, Nov 30 (IANS) The war over allowing foreign equity in Indian retail market intensified Wednesday with the government and the opposition refusing to budge from their stated ... Read more...
Posted in Politics |
Factory output rises a sluggish 4.1 percent, may affect GDP
October 12th, 2011 - 6:47 pm ICT by IANS
New Delhi, Oct 12 (IANS) India's industrial output grew at a sluggish rate of 4.1 percent in August, prompting Finance Minister Pranab Mukherjee to say it was disappointing and ... Read more...
Posted in Business |
India rejigs manufacturing competitiveness council
September 26th, 2011 - 4:05 pm ICT by IANS
New Delhi, Sep 26 (IANS) The government has reconstituted the National Manufacturing Competitiveness Council which is responsible for formulating policies to boost industry growth under the chairmanship of V. Krishnamurthy.The ... Read more...
Posted in Business |
Rate hikes not curbing inflation, only hampering growth: Industry
September 16th, 2011 - 5:36 pm ICT by IANS
New Delhi, Sep 16 (IANS) Successive rate hikes by the Reserve Bank of India (RBI) have not helped in tackling soaring inflation but have only hampered growth, leading industry ... Read more...
Posted in Business |
Manufacturing sector to slow down: Surveys
September 11th, 2011 - 3:00 pm ICT by IANS
New Delhi, Sep 11 (IANS) Rising input and interest costs will slow the manufacturing sector's growth in the coming quarters of fiscal 2011-12, leading industry lobbies said Sunday.A survey conducted ... Read more...
Posted in Business |
Growth to dip below 8 percent after slow first quarter: Industry
August 30th, 2011 - 4:28 pm ICT by IANS
New Delhi, Aug 30 (IANS) The Indian economy is expected to grow at a lower rate than projected by the government in the current fiscal, industry lobbies said Tuesday, ... Read more...
Posted in Business |
Industry lobbies differ on land takeover policy
June 5th, 2011 - 6:59 pm ICT by IANS
New Delhi, June 5 (IANS) The country's leading industry lobbies hold opposite views on ways of acquiring land for industrial use with the Confederation of Indian Industry (CII) advocating ... Read more...
Posted in Business |
Inadequate, say health activists of new anti-tobacco warnings
June 1st, 2011 - 4:35 pm ICT by IANS
New Delhi, June 1 (IANS) They say a picture is worth a thousands words. But if the opinion of health activists - and many youngsters - is anything to go ... Read more...
Posted in Uncategorized |
Plan panel expects GDP growth in 2011-12 to slip from 8.5 percent (Lead)
May 31st, 2011 - 6:02 pm ICT by IANS
New Delhi, May 31 (IANS) Soon after revised estimates from the central statistics office showed India's economic expansion at 8.5 percent last fiscal, the plan panel and experts said the ... Read more...
Posted in Business |
Task force to strengthen Indian pharma industry
March 15th, 2011 - 10:05 pm ICT by IANS
New Delhi, March 15 (IANS) A 12-member task force that will evolve strategies for making India a hub for drug discovery and research was set up under the chairmanship of ... Read more...
Posted in Uncategorized |
Don’t roll back stimulus, industry urges Pranab
January 11th, 2011 - 8:57 pm ICT by IANS
New Delhi, Jan 11 (IANS) The government should further rationalise tax structure and continue with stimulus measures to sustain growth as the global economic recovery remains fragile, stakeholders of different industry ... Read more...
Posted in Business |
Premier Wen rejects Chinese ‘dragon’ vs Indian ‘elephant’ theory (Lead)
December 15th, 2010 - 7:54 pm ICT by IANS
New Delhi, Dec 15 (IANS) The world has enough room to accommodate both China and India, Chinese Premier Wen Jiabao said Wednesday, rejecting the comparison between a "dragon" and an "elephant" ... Read more...
Posted in Business |
Chinese premier open to wider window for Indian imports
December 15th, 2010 - 7:17 pm ICT by IANS
New Delhi, Dec 15 (IANS) Seeking to address India's worry over expanding bilateral trade deficit, seen at $24 billion this fiscal, Chinese Premier Wen Jiabao Wednesday said he was open to ... Read more...
Posted in Business |
Some 400 Chinese business leaders accompanying Wen to India
December 13th, 2010 - 6:05 pm ICT by IANS
New Delhi, Dec 13 (IANS) Chiefs of top Chinese firms like power equipment major Shanghai Electric, metals refiner SinoSteel and telecom gear giants ZTE and Huewei are among 400 business leaders ... Read more...
Posted in Business |
RBI rate hike may impact industrial growth
November 2nd, 2010 - 7:10 pm ICT by IANS
New Delhi, Nov 2 (IANS) The Reserve Bank of India (RBI) move to raise interest rates for the sixth time this year will have a negative impact on interest sensitive sectors like ... Read more...
Posted in Business |
India Inc hopes peace will prevail after Ayodhya verdict (Roundup)
October 1st, 2010 - 12:42 am ICT by IANS
New Delhi, Sep 30 (IANS) India Inc Thursday hoped that peace would continue to prevail and normal life will not be disrupted in the wake of the Allahabad High Court ruling on ... Read more...
Posted in Business |
Industry appeals for peace (Lead)
September 30th, 2010 - 9:34 pm ICT by IANS
New Delhi, Sep 30 (IANS) India Inc heaved a sigh of relief with leading industry lobbies Thursday saying the Allahabad High Court judgment on the the Ayodhya land dispute suit was a ... Read more...
Posted in Politics |
Battle ahead for government in allowing foreign retailers
August 29th, 2010 - 2:43 pm ICT by IANS
By James Jose
New Delhi, Aug 29 (IANS) Foreign investment in multi-brand retail may snowball into another tussle between the Indian government and the opposition in the next few weeks, leaving for ... Read more...
Posted in Business |
Industrial output moderates to 7.1 percent
August 12th, 2010 - 6:38 pm ICT by IANS
New Delhi, Aug 12 (IANS) India's industrial production grew at a much slower rate of 7.1 percent in June, as against 11.5 percent in the previous month, due to a dip in ... Read more...
Posted in Business |
Industry lobbies hail hike in policy rates
April 20th, 2010 - 5:16 pm ICT by IANS
New Delhi, April 20 (IANS) Industry lobbies Tuesday hailed the Reserve Bank of India's move to tame inflation by hiking policy rates by 25 basis points.
"This is the best bargain in the ... Read more...
Posted in Business |
India Inc now looks forward to expand rail network
February 24th, 2010 - 5:57 pm ICT by IANS
New Delhi, Feb 24 (IANS) Indian industry is largely satisfied with the rail budget proposals to keep freight rates mostly frozen and the decision to co-opt the private sector in expanding ... Read more...
Posted in Business |
South Korean firms keen to ride India’s infrastructure growth wave
January 25th, 2010 - 6:31 pm ICT by IANS
By James Jose
New Delhi, Jan 25 (IANS) After a firm foothold in India's consumer durables market, with LG, Samsung and Hyundai becoming household names, South Korean companies are prospecting keenly in the ... Read more...
Posted in Business |
Mukherjee discusses budget issues with MPs’ panel
January 18th, 2010 - 9:27 pm ICT by IANS
New Delhi, Jan 18 (IANS) Finance Minister Pranab Mukherjee Monday met members of the Parliamentary Consultative Committee attached to his ministry as part of the pre-budgetary exercise amid pressure to continue ... Read more...
Posted in Business |
Industry split over tightening of foreign borrowing norms
December 10th, 2009 - 7:03 pm ICT by IANS
New Delhi, Dec 10 (IANS) Leading industry lobbies Thursday differed over the central bank's decision to tighten foreign borrowing norms on the ground that the liquidity crunch has eased considerably and it ... Read more...
Posted in Business |
Central bank to keep interest rates unchanged: Experts
October 26th, 2009 - 8:06 pm ICT by IANS
New Delhi, Oct 26 (IANS) Leading industry lobbies and think-tanks believe the country's central bank would leave the key interest rates unchanged when it reviews monetary policy for the current fiscal Tuesday. ... Read more...
Posted in Business |
India signs free trade pact with ASEAN
August 13th, 2009 - 8:13 pm ICT by IANS
Bangkok, Aug 13 (IANS) India and the 10-member Association of South East Asian Nations (ASEAN) Thursday signed a major economic pact after six years of talks, hoping to widen the access ... Read more...
Posted in Business |
India’s merchandise exports decline ninth straight month (Lead)
August 3rd, 2009 - 8:50 pm ICT by IANS
New Delhi, Aug 3 (IANS) India's merchandise exports fell for the ninth straight month in June and were valued at $12.82 billion, down 27.7 percent over $17.73 billion registered in the like ... Read more...
Posted in Business |
India Inc seeks 100-day focus on divestment, rate cuts
May 29th, 2009 - 7:25 pm ICT by IANS
New Delhi, May 29 (IANS) India Inc has readied its 100-day wish list for the new government. It wants the policies to focus on agriculture, divestment, skill development, infrastructure and manufacturing ... Read more...
Posted in Business |
All round concern as slowdown drags India’s growth to 5.3 percent (Roundup)
February 27th, 2009 - 4:23 pm ICT by IANS
New Delhi, Feb 27 (IANS) The fears of a sharp slowdown in India were confirmed Friday, with official data showing economic growth at just 5.3 percent for the third quarter of this ... Read more...
Posted in Uncategorized |
India Inc. not satisfied, but hails high rural spending (Lead)
February 16th, 2009 - 7:28 pm ICT by IANS
New Delhi, Feb 16 (IANS) Leading industry lobbies in the country said the interim budget, presented in the Lok Sabha Monday, failed to live up to expectations, but welcomed the higher spending ... Read more...
Posted in Uncategorized |
India Inc demands stricter norms following Satyam scandal
January 7th, 2009 - 6:57 pm ICT by IANS
New Delhi, Jan 7 (IANS) Shocked by the revelations of Satyam co-founder and chairman B. Ramalinga Raju that the software services firm had overstated profits and hidden liabilities in a Rs.40-billion scandal, ... Read more...
Posted in Business |