Economy

Sector gets 'infrastructure' status   The Confederation of Indian Industry (CII) has welcomed the setting up of Logistics division in the Commerce Ministry, pointing out that the sector needed recognition. “We are extremely delighted and sincerely thank the Government of...

Regulatory clearance sought for investments in litigation Batting for one-time solution for the vexed issue of ‘assured return’ on Private Equity investment, the ASSOCHAM is seeking a meeting between Finance Ministry officials and the global private equity funds so that...

Experts note PPP model on building highways Indian authorities need to modify its Public Private Partnership (PPP) model, ensuring transparency in contractual terms and long-term dividends from contracts for investors to venture into other projects. Investors need clarity and consistency...

Business-oriented reforms recognized The government has welcomed India’s latest rating by S&P Global which asserted business-oriented reforms but affirmed it at BBB-/A-3. Defence Minister Nirmala Sitharaman noted that the rating report appreciated India’s efforts in improving monetary credibility. S&P Global...

Study sees scope for investment in technology India’s US$121 billion food processing needs to focus on product conformity with global standards and quality together with factors like logistics traceability and safety, quality of packaging and delivery. “There is a need...

Prospects looks good for fiscal 2018-19 Bombay Stock Exchange - the hub for corporate India. With corporate India placing most energies on rationalising costs, including the wage costs, and trying to deleverage its balance sheet, the hiring outlook in the...

Indian professionals making significant contribution to US One hundred Indian origin companies have combined businesses worth US$17.9 billion with more than 100,000 jobs across the United States, according to a new survey report released by the Confederation of Indian Industry...

FICCI sees improvement in investors’ confidence India has welcomed Moody's Investors Service upgrade of the Government’s local and foreign currency issuer ratings to Baa2 from Baa3, saying it was recognition of its major economic and institutional reforms. Moody’s has also...

Investors urged to participate in Indian prosperity The Indian Government is committed to increasing the public expenditure on infrastructure and creating environment for private participation in infrastructure to boost employment and provide impetus to overall economic growth, stressed Finance Minister...

Young working population are eating out Popular Indian food place. Indian Food Services market in India is projected to grow at a CAGR of 10% over the next 5 years to reach Rs.5,52,000 crore by 2022, said a report on...