Economy

Sec-Gen calls for urgent revival of investment The Federation of Indian Chambers of Commerce and Industry (FICCI) has expressed deep concern about the weak manufacturing data in July. Commenting on the Index Industrial Production (IIP) for the month of July...

Make in India to create 100 million jobs It is crucial for the Indian manufacturing sector grows steadily at 14%–15% per annum over the next three decades to support the country’s 9%-10% gross domestic product growth, according to a recent...

DPM Semashko offers 5-7 years of tax incentives DPM Semashko. Vladimir Semashko, Deputy Prime Minister of the Republic of Belarus, has invited Indian businesses with offer of 5-7 years of tax exemptions and incentives to enhance investment ties between Belarus...

Trust deficit and family pre-dominance in corporate controls India Inc is not ready yet to give complete management control to professional boards and managers, as majority of the corporate firms have promoters' holding well over 50 per cent, according to...

Cochin IPO oversubscribed 76 times Cochin Port layout plan. With India striving to improve its manufacturing competitiveness with Make in India, the government is leaving no stone unturned to make ports the drivers of socio-economic change and aid long term...

Single window clearance system to support investors. Odisha state government has put in place a business-friendly tourism policy, providing lucrative incentives and subsidies to investors. It has also initiated single window clearance system, making the process of acquiring various clearances...

Inflows could add to rupee appreciation pressure.   India’s foreign reserves touched a record US$393 billion early August, backed by strong foreign portfolio and investments flows while adding pressure to rupee appreciation, according to the Development Bank of Singapore (DBS)....

Issues include double-taxation of re-export. From (L-R): Mr. K.M. Hiralal, Deputy DGFT in Mumbai, Rupa Naik, Executive Director, All India Association of Industries, Dr. Sonia Sethi, Additional DGFT in Mumbai, Firoze Adhyarujina, Sr. Advocate Supreme Court and Legal Advisor and...

Indian states remain meddlesome, he warns. Ruchir Sharma, best-selling Author and Head, Emerging Markets Equity and Chief Global Strategist, Morgan Stanley Investment Management, has outlined the 10 rules that need to be assessed over a time period of five years...

Study warns of skill shortage in the sector Emerging technologies such as 5G, M2M and the evolution of Information and Communications Technology (ICT) are expected to create employment avenues for almost 870,000 individuals by 2021, according to an industry study....