Search Results for: Investment

President Pratibha Patil's Speech on Eve of Republic Day

The President of India, Pratibha Patil, addressed the nation on the eve of the country's 63rd Republic Day. Speaking to the nation's billion-plus citizens, the President stressed on the fact that the "foremost priority is the removal of poverty, hunger and malnutrition, disease and illiteracy".

Jan 26, 2012

Rupee Turns Lower in Afternoon Trade

The rupee came off its day's highs, to turn lower in afternoon trade on Wednesday, tailing euro, with oil buying and choppy domestic shares adding to the pressure.

Jan 18, 2012

India-Saudi Arabia Bilateral Talks: Trade Touches US$ 25,612.46 Million Says Govt.

Bilateral talks between the Indian Union Minister for Commerce, Industry & Textiles, Anand Sharma, and the Saudi Arabian Minister of Commerce & Industry, Tawfiq Bin Fawzan Al-Rabiah, were held in New Delhi, on Wednesday.

Jan 4, 2012

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2012 predictions worth discussing

Predictions echoed New Year and on top of the list is Nouriel Roubini, star economist from the New York University, saying that recession will hit this year at 60% probability.

Jan 2, 2012

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India, Japan Target $25 Billion Trade by 2014

Union Minister for Commerce, Industry and Textiles Anand Sharma has expressed hope that the bilateral trade between India and Japan will touch $25 billion by 2014.

Dec 29, 2011

Guinness World Record for Most Christmas Lights on a Property [VIDEO]

An Australian family has entered the Guinness Book of World Records for having the most number of Christmas lights on a property, said a statement by the Guinness World Records Press Office.

Dec 26, 2011

Empower the Entrepreneurs to Beat Slow Economic Growth: Sramana Mitra

The world may fear another economic slowdown with growth rates everywhere falling. However, Sramana Mitra, an Indian-born writer, strategy consultant and entrepreneur, is optimistic about fighting the crisis. She talks of her mission to create millions of entrepreneurs through her project "1M/1M" and the growth strategy that will best suit India. Here are excerpts from the interview:

Dec 8, 2011

Japan's SBS Holdings Acquires Indian Logistics Firm Atlas

SBS Group, one of the leading corporate groups in Japan, has acquired Atlas Logistics, a leading Bangalore-based provider of integrated and comprehensive global transportation solutions.

Dec 8, 2011

FDI in Retail Sector Suspended; Indian Parliament to Reopen

The Parliament's winter session will finally start functioning on Wednesday, as the government has decided to suspend its retail reform.

Dec 7, 2011

FDI in Retail: All-Party Meeting to End Impasse

The Indian Parliament's winter session is likely to resume soon and the government will try to end an impasse caused by its decision to allow 51 percent Foreign Direct Investment (FDI) in the retail sector.

Dec 6, 2011

Govt Puts FDI in Retail on Hold, Opposition Insists on Rollback

To break the impasse on Foreign Direct Investment in retail that has stopped the Parliament's winter session, the Central Government has announced that the decision to allow 51 percent FDI in retails has been put on hold. However, the winter session is likely to face trouble, as the Opposition party is demanding a rollback on the decision.

Dec 5, 2011

No Rollback on FDI in Retail: Govt

The opposition parties and allies of the UPA government are against retail reform but the government is not ready for a rollback. The government wants FDI in retail sector to boost India's economy.

Dec 2, 2011

Govt in a Fix over Retail Reform; PM Promises Better Future for Farmers

The UPA government is in a fix following its decision to allow Foreign Direct Investment (FDI) in retail sector.

Nov 30, 2011

FDI Issue Rocks Parliament

The Parliament was Friday adjourned till Monday afternoon after Opposition parties and United Progressive Alliance government's chief ally Trinamool Congress created an uproar over the government's decision to allow 51 percent Foreign Direct Investment (FDI) in multi-brand retail.

Nov 25, 2011

India's New Retail Policy Will Create 10 mn Jobs: Minister

The government's approval for 51 percent foreign direct investment in the supermarket sector may have created a storm at the ongoing winter session of Parliament, but Trade Minister Anand Sharma says the new retail policy will create a number of jobs.