• 14th Pravasi Bharatiya Divas, Bengaluru
  • 14th Pravasi Bharatiya Divas, Bengaluru
  • A Coffee Table publication titled, "20 Mission Drive Social Impact Innovations" produced by Economic Diplomacy Division was released by the Hon'ble Prime Minister
  • Hon'ble Prime Minister Sh. Narendra Modi felicitating the 20 innovators selected through the MEA-NITI Aayog National Social Innovation Contest.
  • Global Technology Summit 2016 Click here for details
  • Global Technology Summit 2016 Click here for details
  • Ministry of External Affairs organises India-Latin Americas and the Caribbean (LAC) Conclave in Guadalajara, Mexico to enhance economic cooperation between India and LAC countries.
  • Ministry of External Affairs organises India-Latin Americas and the Caribbean (LAC) Conclave in Guadalajara, Mexico to enhance economic cooperation between India and LAC countries.
  • Global Technology Summit 2016 Click here for details
  • National Contest on Social Innovation, Pravasi Bhartiya Divas 2017
  • The Framework Agreement of the International Solar Alliance was opened for signing on 15 November 2016. On the first day of its opening 16 countries have signed the framework agreement. More countries are expected to sign the framework agreement in the coming days.
  • MEA - ED and BM Divisions along with Cll organized the India- Myanmar Business Roundtable on 19 October 2016 in New Delhi
  • ED Division continues MEAs engagement with Africa by sponsoring the India Africa Health Sciences Meet in New Delhi
  • 18 member multi-sector delegation from Nanjing, China interacting with Shri Nagaraj Naidu, Director & HOD, ED on 16 August 2016
  • Hon'ble Minister for External Affairs chaired Pravasi Bhartiya Diwas Panel-6 on "Edu, S&T & Innovation" on 30 July 2016. The Panel discussed tech solutions for societal problems, edu for tomorrow and Start Ups.
  • Hon'ble Prime Minister inaugurated investment guides for Indian investors who wants to do business with Kenya and Mozambique during his recent tri-nation visit to Africa. The publication was brought by ED Division with support from Indian Missions in Kenya and Mozambique.
  • Indian dignitaries at the inauguration of India pavilion at INNOPROM exhibition in Yekaterinburg Russia
  • ED Division facilitated visit of a Chinese delegation led by Mr Wang Hao, Mayor of Chaoyang district of Beijing Municipality and arranged meetings with officials of Municipal Corporation of Gurgaon and FICCI on 21 June 2016. (Press Release)
  • ED Division facilitates meeting of CEO of the British Columbia Investment Management Corporation Mr Gordon Fyfe and Team with Hon'ble Transport Minister Shri Nitin Gadkari and CEO NITI Aayog Shri Amitabh Kant on 16 June 2016
  • ED Division facilitates meeting of CEO of the British Columbia Investment Management Corporation Mr Gordon Fyfe and Team with Hon'ble Minister of Finance, Shri Arun Jaitley and CEO NITI Aayog Shri Amitabh Kant on 16 June 2016
  • Inter-Ministerial Meeting on Pharmaceuticals and Healthcare Sector in Africa
  • BRICS India 2016
  • Smt. Harsimrat Kaur Badal, Minister of Food Processing & Industry briefing representatives of foreign Embassies on opportunities in food processing sector in India in a meeting facilitated by ED Division on 17 March 2016 at Panchsheel Bhawan, New Delhi.
  • Investment
  • India at a glance
  • Trade
  • Economy

Daily News

Feb

Wed

22

Record 444 LMT of paddy procured during ongoing Kharif Marketing Season: Shri Ram Vilas Paswan

Government sets procurement target at 330 LMT for ensuing Rabi Marketing Season 2017-18: Shri Paswan

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Feb

Wed

22

Future of real estate sector is in affordable housing: Naidu

New Delhi: Union Minister M. Venkaiah Naidu on Tuesday urged real estate developers to take up affordable housing projects in a big way while stressing that the future of the real estate sector lay there.

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Feb

Wed

22

Government to set up ITIs for skill development: Minister

Agartala: The government has decided to set up at least one Industrial Training Institute (ITI) in each block of the country to provide skill development training to all, a minister said here on Tuesday.

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Feb

Wed

22

Coca-Cola, IFC and DCM Shriram help farmers raise sugarcane yields in Uttar Pradesh

New Delhi: Coca-Cola, World Bank’s private investment arm International Finance Corporation (IFC) and DCM Shriram have helped raise sugarcane yields in Uttar Pradesh, and corporate executives say the budget’s announcement of a model law on contract farming will help farmers significantly.

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Feb

Wed

22

German healthcare giant Merck partners with Bengaluru lab

Bengaluru: Bengaluru-based STEER Engineering, which specialises in materials transformation, has announced a research collaboration with German healthcare and life sciences firm MerckBSE -3.83 %, to create co-rotating twin-screw extruder technology to process special effect pigments for the plastics industry.

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Feb

Wed

22

Rs 80,000 crore plan in works to cut urban carbon footprint

New Delhi: The government has started preparing a roadmap for building 8,000km of pavements and laying more cycle tracks in 106 cities in the next five years to promote walking and cycling and to reduce carbon footprint in urban areas.

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Feb

Wed

22

Nearly 10 lakh customers win over Rs 153.5 crore in govt's digital payment schemes

New Delhi: The government has rewarded nearly 10 lakh customers with over Rs 153.5 crore for embracing digital payments.

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Feb

Wed

22

Air passenger traffic in India grew by 25% in January

Mumbai: India's aviation sector recorded a 25% year on year, traffic growth, carrying the most domestic passengers, brokerage house Anand Rathi said in a report.

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Feb

Tue

21

90,095 more affordable houses sanctioned for urban poor under PMAY(Urban)

New Delhi: Ministry of Housing & Urban Poverty Alleviation today approved construction of 90,095 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of Rs.5,590 cr and central assistance of Rs.1,188 cr.

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Feb

Tue

21

India to link Kathmandu with Delhi, Kolkata by rail

Kathmandu: India's Minister of Railways Suresh Prabhu announced here that it would soon link Kathmandu to New Delhi and Kolkata using direct railway lines, in a bid to strengthen cross-border connectivity and facilitate movement of people between the two countries.

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Feb

Tue

21

Government to play active role in making India a global semiconductor hub

New Delhi: The ministry of electronics and information technology (Meity) is revising its policy framework towards making India a global semiconductor hub, which will see the government taking a more active role, including initial investment, in a bid to attract private sector players. The existing policy has not worked as it offered little commercial viability for the private sector.

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Feb

Tue

21

Despite demonetisation, Indian consumers remained confident in Q4: Nielsen

Mumbai: For the second quarter in a row, India's consumer confidence index remained high, topping the global list of countries on the same parameter, market research agency Nielsen said on Monday. Data released by the agency shows that India's consumer confidence index for the fourth quarter of the calendar year 2016 was 136, three points ahead of the score it achieved in the third quarter of 2016.

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Feb

Tue

21

By 2020, 40% of voice calls will be on VoLTE, says Aircel CTO

New Delhi: About 40% of the total voice calls will be riding on Voice over LTE (VoLTE) technology by 2020, though traditional voice service through circuit switched technology will remain relevant and dominate the local market, Aircel chief technology officer Sameer Dave said. He said in the next three to four years there will be a large number of VoLTE handsets, along with large 4G sites, that will make VoLTE more popular.

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Feb

Tue

21

Future group joins hands with UK's Laura Ashley for selling its merchandise in India

Mumbai: Kishore Biyani's Future group has partnered UK clothing and homeware retailer Laura Ashley that runs about 450 stores globally and Future will have exclusive rights to make and sell merchandise as well as wholesale distribution in India.

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Feb

Tue

21

Indian travellers booked 52% more trips in July-December 2016 than in 2015: Makemytrip

Mumbai: Indian travellers booked 52% more trips in July-December 2016 than the same period last year, according to a report compiled by Makemytrip, India's biggest online travel portal.

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Feb

Mon

20

Food processing sector to generate 9 million jobs by 2024: Study

Mangalore: Indian food processing sector has potential to attract US$ 33 billion of investment and generate employment of 9 million persons days by FY 2024, said an ASSOCHAM-Grant Thorton Research paper.

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Feb

Mon

20

India, ASEAN telecom ministers to meet on digital connectivity

New Delhi: The Telecom Equipment and Services Export Promotion Council (TEPC) is organising an inter-ministerial meeting between Asean countries and India here on Monday to commemorate the 25th year of the Asean-India relations, an official statement said.

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Feb

Mon

20

Steel exports surge 224% in January

Kolkata: India's steel exports jumped by 224 per cent in January and the country shipped out 5.865 million tonnes of steel in April-January period of the current fiscal -- up by 71.1 per cent over the same period last year, a steel ministry's report said.

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Feb

Mon

20

India will be self-sufficient in pulses in next few years: Radha Mohan Singh

New Delhi: Rural India will gain from strong growth in horticulture, poultry, dairies and fisheries, in addition to bumper farm production that is estimated to hit a new record this crop year, agriculture minister Radha Mohan Singh said.

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Feb

Mon

20

New FDI inflow record possible at $36 billion in 9 months

New Delhi: Overseas investment in India is likely to surge to a record in the year ending March despite temporary growth hiccups ascribed to the currency swap programme.

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Feb

Mon

20

Indian Internet of Things market value to touch $9 billion by 2020

Mumbai: The number of units under Internet of Things (IoT) is expected to grow exponentially to 1.9 billion units in India by 2020 or about $9 billion, says a report. A rapidly growing hub for IoT solutions, the country’s IoT market size in this area is expected to increase about 7 times—from $1.3 billion last year to $9 billion by 2020, said consultancy firm Deloitte in its TMT Predictions 2017.

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Feb

Mon

20

Direct Benefit Transfer leads to Rs 50,000-crore savings for government in 3 years

New Delhi: Savings due to Direct Benefit Transfer (DBT) over the last three years have touched Rs 50,000 cr as on December 31, 2016, as per latest government figures. This amount is equivalent to the subsidy paid out under DBT in this financial year, implying nearly a year’s subsidy was saved.

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Feb

Mon

20

Havells buys Lloyd's consumer durables business for Rs1,600 crore

New Delhi: Lighting and electrical appliances company Havells India Ltd on Sunday said it will acquire the consumer durables business of Lloyd Electrical and Engineering Ltd, run by the B.R. Punj Group, for Rs1,600 crore.

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Feb

Fri

17

56% merchants still do not accept digital payments: Survey

New Delhi: As much as 56 per cent of the merchants still do not accept digital payments because of the risks and cost of handling cash along with a fear of income loss after adopting digital payment solutions, a new survey has said.

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Feb

Fri

17

Malaysia plans measures to attract more Indian tourists

New Delhi: Concerned over Malaysia losing Indian tourists to other South-East Asian countries in recent years, the Malaysian government has come up with certain measures to check the fall in numbers and plans to make further investment to attract more tourists.

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Feb

Fri

17

Tata Motors partners with Microsoft for new car products

Mumbai: Within two weeks of announcing an open platform strategy for developing passenger cars, Tata Motors Thursday said that it has tied up with global technology giant Microsoft to improve the in-car connected experience.

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Feb

Fri

17

RBI proposes lower MDR from April 1 to keep digi-pay momentum

Mumbai: The Reserve Bank of India (RBI) has proposed that the merchant discount rate (MDR or charge) on debit card transactions be rationalised on the basis of turnover.

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Feb

Fri

17

Railways' target: Laying 9.5 km of tracks every day

New Delhi: Indian Railways has set a daily target of laying 9.5 km of tracks to complete its ambitious line doubling and capacity expansion projects earmarked for the next financial year.

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Feb

Fri

17

India most important for us outside of the US: Omidyar Network

New Delhi: For impact investment fund Omidyar Network, India is the most important country outside the US, and financial inclusion is one of its major interests here, a top company executive said.

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Feb

Fri

17

Ola, Uber see rides rise fourfold in 2016: report

New Delhi: Ride-hailing services Ola and Uber together clocked a nearly fourfold increase in the number of rides booked through their platforms in 2016 from a year earlier, according to a report by market research and advisory firm RedSeer Management Consulting Pvt. Ltd.

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Feb

Thu

16

INDIA'S FOREIGN TRADE: January, 2017

New Delhi: In consonance with the revival exhibited by exports in the last four months, during January,2017 exports continue to show a positive growth of 4.32 per cent in dollar terms (valued at US$ 22115.03 million) and 5.61 per cent in Rupee terms (valued at Rs. 150559.98 crore) as compared to US$ 21199.02 million (Rs. 142568.31 crore) during January,2016.

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Feb

Thu

16

Warburg negotiates to buy up to 40 per cent stake for Rs 2,300 crore of Tata Tech

New Delhi: Private equity firm Warburg Pincus is in advanced negotiations to acquire asignificant minority stake of up to 40 per cent in Tata Technologies for around Rs 2,300 crore, ending months of talks, said several people with knowledge of the matter.

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Feb

Thu

16

Google pushes HTTPS for web security

Seoul: A HTTPS-based website is a safer way to protect users from possible security attacks, the security director at Google has said, emphasising that major South Korean search engines do not support this system.

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Feb

Thu

16

National pension plan to get boost post-2017-18 Budget

New Delhi: A national pension regulator on Wednesday said that it is expecting a major boost in terms of the New Pension Scheme (NPS) subscribers in 2017-18.

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Feb

Thu

16

Insurance penetration in India likely to cross 4% this year: ASSOCHAM

Mangaluru: Government's policy of insuring the uninsured has gradually pushed insurance penetration in the country and proliferation of insurance schemes are expected to catapult this key ratio beyond 4% mark by the end of this year, reveals the ASSOCHAM latest paper.

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Feb

Thu

16

Record wheat, foodgrain output likely in 2016-17

New Delhi: Wheat production in the ongoing crop season is expected to be at an all-time high of 96.6 million tonnes (mt) on the back of good southwest monsoon, favourable weather and record acreage, the second advanced estimate for foodgrain production showed.

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Feb

Thu

16

Advertisment spends may rise 13.5% in 2017 on digital push

New Delhi: India’s advertising industry will likely grow 13.5% in 2017 as the impact of demonetisation wears off, according to the Pitch Madison Advertising report.

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Feb

Wed

15

Australia, Sri Lanka discuss border protection, economy

Canberra: Australian Prime Minister Malcolm Turnbull on Wednesday discussed in a meeting with his Sri Lankan counterpart Ranil Wickremesinghe the border security and economy.

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Feb

Wed

15

L&T, European co MBDA tie up for missiles

New Delhi: Engineering conglomerate L&T entered into a joint venture on Monday with European defence major MBDA to develop and produce new-generation tactical missiles for the Indian armed forces.

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Feb

Wed

15

Modern retail to touch Rs1,71,800 crore by 2019: Report

New Delhi: Modern retail in India is expected to double in size in three years to Rs 1,71,800 crore from the current Rs 87,100 crore across the top six retail markets of the country, largely driven by omni-channel retailing, said a report jointly published by property consultant Knight Frank India and lobby group Retailers Association of India (RAI).

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Feb

Wed

15

Manohar Parrikar pledges innovation fund to encourage defence start-ups

Bengaluru: The government will create a new technology innovation fund for defence aerospace aimed to prop up start-ups, defence minister Manohar Parrikar said while inaugurating the 11th Aero India show here on Tuesday.

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Feb

Wed

15

Isro launches 104 satellites in a single mission to create world record

New Delhi: India’s space agency Indian Space Research Organisation (Isro) successfully launched 104 satellites in a single mission on Wednesday, setting what it says is a world record of launching the most satellites at one go. Of the 104, 101 are foreign satellites to serve international customers as the South Asian nation seeks a bigger share of the $300 billion global space industry.

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Feb

Wed

15

Grapes bump up fruit exports by 40%

Mumbai: Triggered by a sharp increase in production, led by grapes, exports of fresh fruit jumped 40 per cent in the first nine months of the financial year on account of a sharp output decline in competing countries.

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Feb

Tue

14

Amazon Web Services' unified communications service

New York: Amazon Web Services (AWS) on Tuesday announced Amazon Chime, a new unified communications service that makes meetings easier and more efficient.

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Feb

Tue

14

'Online job activities up by 11% in January'

New Delhi: Online recruitment activities for January were up by 11 per cent, led by banking and insurance sectors, as compared to the corresponding period a year ago, according to the Monster Employment Index.

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Feb

Tue

14

Cairn India to invest $1 billion in five projects to ramp up production

Mumbai: Cairn India Ltd (CIL), part of the Anil Agarwal-led Vedanta Group, will invest $1 billion in five projects that the company plans to develop shortly, acting chief executive officer, Sudhir Mathur, told analysts after the company's results were announced on 9 February.

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Feb

Tue

14

Early-stage start-ups will look to raise $800 million in 2017: report

Bengaluru: Early-stage start-ups will seek to raise at least $800 million in 2017 as they stop blindly chasing growth and start looking for profitability, a report by venture debt firm InnoVen Capital said.

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Feb

Tue

14

Aero India starts in Bengaluru today, to focus on Make on India

New Delhi: The 11th edition of the Aero India air show which starts in Bengaluru on Tuesday is expected to be one of the largest in recent years, with a focus on Prime Minister Narendra Modi’s Make in India initiative.

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Feb

Tue

14

Government IT spending in 2017 to grow 9.5% to $7.8 billion: Gartner

New Delhi: The government in India is forecast to spend $7.8 billion on information technology (IT) in 2017, an increase of 9.5% over 2016, according to IT researcher Gartner Inc. This forecast includes spending on internal services, software, IT services, data centre systems, devices and telecom services. Government comprises state and local governments and the central government.

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Feb

Mon

13

Govt plans to double income of farmers by 2021-22

New Delhi: The government might ask the National Sample Survey Office (NSSO) to assess farmers’ income once every five years, instead of the current practice of every 10 years.

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Feb

Mon

13

Rs 5 lakh crore worth of orders signed for roads, ports: Gadkari

New Delhi: The government's road and highway building programme has enough cash to build the crucial infrastructure, Road Transport and Shipping Minister Nitin Gadkari has said.

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Feb

Mon

13

Suzuki India revenue to beat Japan parent

New Delhi: The strong double-digit ride is set to make India a bigger market for Suzuki Motor Corporation (SMC) in value than Japan, its home market. SMC’s Indian subsidiary, Maruti Suzuki, already sells more vehicles than SMC in Japan, and enjoys a greater market capitalisation over its parent. SMC is faced with a declining market in Japan, whereas its Indian subsidiary is seeing a capacity constraint, leading to a waiting period of several months for some of its best-selling models.

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Feb

Mon

13

Sundaram Clayton to invest in US plant; expand in India too

Chennai: Automotive castings company, Sundaram Clayton, part of the TVS group, on Thursday said it was investing $50 million to set up a greenfield factory in the US, in sync with Trump administration's call to set up factories in America. In addition, the company has announced a Rs 400 crore expansion plan for its Indian operations.

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Feb

Mon

13

Draft rules for digital payment to be released soon for public consultation: Ravi Shankar Prasad

New Delhi: With the increasing rise in the digital payments especially new age methods such as wallets, the ministry of electronics and IT is working on draft rules for digital payments which will deal with "consumer interests" and "security concerns." Ravi Shankar Prasad, union minister for electronics and IT said on Friday that the paper will be put up for public consultation soon.

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Feb

Mon

13

Mobile payments to overtake physical card spends in 2017

Mumbai: Mobile and digital payments will overtake physical card payments as the predominant non-cash payment mode in India in 2017, driven by demonetisation. The possibility has been expressed by Deloitte India in its report titled ‘Technology, Media and Telecommunications (TMT) Predictions 2017’.

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Feb

Fri

10

Budget 2017 seeks to revive public investments in agriculture: Nabard chief

New Delhi: The budget has tasked the National Bank for Agriculture and Rural Development (Nabard), India’s apex bank for rural finance, with supporting irrigation and dairy schemes totalling Rs35,000 crore. According to Harsh Kumar Bhanwala, chairman of Nabard, these measures will revive public investments in agriculture, and rejuvenate the dairy sector where processing infrastructure is outdated. Edited excerpts from an interview:

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Feb

Fri

10

We should see early revival of pvt investment: Uday Kotak, Kotak Mahindra Bank

New Delhi: India presents probably the best opportunities among global markets, but the risks to those materialising are high because of the changes in the West that are undermining liberal economic and political values, Uday Kotak, executive vice-chairman and managing director of Kotak Mahindra Bank, tells ET. Kotak was speaking at Kotak Institutional Equities, annual global investor conference — Chasing Growth 2017. Edited excerpts.

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Feb

Fri

10

EU, India keen to deepen strategic partnership

Brussels: The European Union and India underlined their desire on Thursday to strengthen strategic partnership and to boost cooperation in many sectors, including political, security, trade, economy, human rights and environment.

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Feb

Fri

10

India-UK Deal to Allow More Flights to Boost Tourism and Trade for Global India & Britain

New Delhi: India and the UK signed a MoU to ease restrictions on the number of scheduled flights between the two countries, following successful talks in India this week. Limits on flights from key Indian cities including Chennai and Kolkata have been scrapped, allowing for a greater range of flights for passengers while providing a boost to trade and tourism for the UK and India. Building new links with important trading partners is a key part of the government’s plans for a Global Britain, opening up new export markets and creating jobs and economic growth. The agreement also opened all destinations in the UK for Indian carriers for code share flights, and reciprocally the UK carriers can also operate code share flights to any International Airport in India, through domestic code share arrangements.

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Feb

Fri

10

Luxury brand Faberge enters India

New Delhi: It defined elegance at Russia’s last imperial court, added sheen to museums in continental Europe with its Easter eggs, and has long been at Her Majesty’s service. That bespoke service is now available in India, the latest market for London’s ultra-luxury jeweler for the super-rich, Faberge.

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Feb

Fri

10

Horticulture output to exceed foodgrain yield

New Delhi: India’s horticulture production, at around 287.32 million tonnes, will continue to outstrip that of foodgrain by a good margin in 2016-17 also, even as vegetables might see just a marginal decline.

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Feb

Fri

10

Passenger vehicle sales recover from demonetisation jitters

New Delhi: Sales of passenger vehicles grew the fastest in four months in January with consumers appearing to have shrugged off the impact of demonetisation. Sales of two- and three-wheelers, however, continued to decline.

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Feb

Thu

09

Cabinet approves 'Pradhan Mantri Gramin Digital Saksharta Abhiyan' for covering 6 crore rural households

New Delhi: The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved 'Pradhan Mantri Gramin Digital Saksharta Abhiyan' (PMGDISHA) to make 6 crore rural households digitally literate.

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Feb

Thu

09

Cabinet informed about India-France technology pact

New Delhi: The Union Cabinet was apprised on Wednesday of the signing of agreement between India and France to ensure exchange of best practices and technology.

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Feb

Thu

09

India to beat Japan to become third largest domestic aviation market globally

Mumbai: The Indian aviation market is likely to overtake Japan this year to become the world's third largest domestic market after US and China.

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Feb

Thu

09

Suresh Prabhu launches first phase of station redevelopment project

New Delhi: Railway minister Suresh Prabhu on Wednesday launched the first phase of his ambitious station redevelopment project under which he plans to modernize 400 railway stations across the country by providing several passenger-friendly amenities.

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Feb

Thu

09

AccorHotels plans to add close to 550 rooms in eastern India

Kolkata: AccorHotels plans to add close to 550 rooms in eastern India as the company expands its footprint in Guwahati and Kolkata. The expansion is likely to take place over the next three years.

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Feb

Thu

09

Around 2,100 fresh FPIs registered in April-November FY17

New Delhi: Nearly 2,100 new foreign portfolio investors (FPIs) have registered with capital markets watchdog Securities and Exchange Board of India (Sebi) in April-November period of the current fiscal.

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Feb

Thu

09

Tesla may enter India this summer: Elon Musk

New Delhi: Electric car maker Tesla Inc. is likely to introduce its products in India sometime in the summer of 2017, its chief executive Elon Musk said on Wednesday.

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Feb

Wed

08

Sebi to overhaul governance norms for stock exchanges

Mumbai: The Securities and Exchange Board of India (Sebi) is looking to increase its oversight of the boards of stock exchanges by having a greater say in the appointment of public interest directors, said three people aware of the matter, including an official with the regulator.

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Feb

Wed

08

Ministry of Agriculture & Farmers Welfare constitutes a committee to achieve the target of doubling of income of farmers by March 2022

New Delhi: To understand the impact of demonetization on farming sector, Indian Council of Agricultural Research (ICAR)-National Institute of Agricultural Economics and Policy Research (NIAP) conducted a short survey of farmers in few villages around Delhi under Mera Gaon Mera Gaurav (MGMG) initiative.

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Feb

Wed

08

Centre forms panel to work for doubling farmers' income

New Delhi: The Centre has constituted a committee to achieve the target of doubling the income of farmers by March 2022, Parshottam Rupala, Minister of State for Agriculture and Farmers Welfare, told the Lok sabha on Tuesday.

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Feb

Wed

08

Govt doubles highways target to 15,000 km in next fiscal

New Delhi: The government has set a target of constructing 15,000 km of highways in the next financial year, 50 per cent more than that in the current fiscal.

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Feb

Wed

08

GST to create Rs 36,000 crore software market in MSME segment

Jaipur: With the GST expected to be rolled out from September this year, there is a scramble among the software providers to have a bigger pie of the MSME segment whose invoicing and tax compliance IT requirements are estimated to create a Rs 36000-crore market.

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Feb

Wed

08

Lok Sabha passes Wages Amendment Bill

New Delhi: The Lok Sabha on Tuesday passed the Payment of Wages (Amendment) Bill, 2017 which allows for digital payment of salaries or through cheque.

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Feb

Wed

08

At 19 million tonnes|year, India 2nd-largest LPG user in world

New Delhi: India has become the second-largest domestic LPG (liquefied petroleum gas) consumer in the world due to the Central government's rapid rollout of clean fuel plan for poor households and fuel subsidy reforms.

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Feb

Tue

07

From airports to e-commerce, Canadian institutional money pouring into India like never before

Mumbai: For Anuj Ranjan, the globetrotting India head of Brookfield, the fundamental investment thesis behind buying a large telecom towers portfolio from Reliance Communications was not all that different from taking over Hiranandani's 4.5 million square foot of swish office and shopping space in the financial capital. The world's largest democracy with a billion plus population needs to communicate, share information as well as work and play to sustain its trillion dollar economy.

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Feb

Tue

07

Rs. 10000 crore Special Banking Arrangement made in Budget 2017 to clear Fertilizer Subsidy dues: Shri Ananth Kumar

New Delhi: Union Minister of Chemicals and Fertilizers, Shri Ananth Kumar addressed the media here today and appraised the gathering about the achievements of Department of Chemicals, Fertilizers and Pharmaceuticals during the last three years. Minister of State for Chemicals & Fertilizers, Shipping, Road Transport & Highways, Shri Mansukh Lal Mandaviya was also present on the occasion.

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Feb

Tue

07

India and Austria Sign a Protocol amending the India-Austria Double Taxation Avoidance Convention

New Delhi: India and Austria signed a Protocol amending the existing Convention between the two countries for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income here today. The Protocol was  signed by Shri  Sushil Chandra, Chairman CBDT on behalf of India and Mr. Georg Zehetner, Charge d’ Affaires, Embassy of Austria on behalf of Austria.

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Feb

Tue

07

Projects worth Rs 3,308 cr announced on first day of BioAsia

Hyderabad: BioAsia, Asia's largest biotechnology and life-sciences forum, began here Monday with the announcement of projects worth Rs 3,308 crore.

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Feb

Tue

07

Export of soybean meal increases by 446.38 per cent

New Delhi: The export of soybean meal and its other value added products during January 2017 is 1,55,164 tons compared to 28,398 tons in January 2016 showing an increase of 446.38% over the same period of last year, according to figures released by Soybean Processors Association of India (SOPA) on Monday.

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Feb

Tue

07

Headline: CESC wins power distribution franchise in Bikaner

Kolkata: CESCBSE 1.64 %, a part of the Rs. 19,000 crore RP-Sanjiv Goenka Group, has bagged the power distribution franchisee for Bikaner city in Rajasthan. It plans to invest Rs 135 crore in the network in three years and hopes to clock a turnover of around Rs 400 crore.

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Feb

Tue

07

skyTran to build pod car pilot project in India at own cost

New Delhi: US-based skyTran Inc., which is developing pod car systems for urban transport, is ready to build a one-kilometre pilot track in India at its own cost as required by a government panel, a company executive said.

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Feb

Mon

06

Digital transactions rose to 3 crore a day in 2016: Ravi Shankar Prasad

New Delhi: Telecom Minister Ravi Shankar Prasad today said that digital transactions had risen to 3 crore a day in 2016 from only 66 lakh a day in 2013.

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Feb

Mon

06

iPhone SE to be assembled in India

Bengaluru, New Delhi: Apple is looking to produce lower-cost iPhone SE at its upcoming facility in Bengaluru as it looks to gain a price advantage in the market in which it has been a fringe player so far.

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Feb

Mon

06

IGI airport first in India to cross 5 crore flyer mark

New Delhi: In a first for any Indian airport, IGI Airport crossed the 5-crore passenger mark last year.

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Feb

Mon

06

Budget 2017 gets a thumbs up from Moody's, Fitch

New Delhi: Finance minister Arun Jaitley’s fourth budget has emphasized fiscal prudence while pushing for higher public investment—a “credit positive” for India’s sovereign ratings, Moody’s Investors Service said on Friday.

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Feb

Mon

06

Railways plans massive track expansion in Arunachal Pradesh, connect Tawang

Guwahati: Union ministry of Railways is readying for building massive railway infrastructure in Arunachal Pradesh, state bordering china. Railways will start survey of three railway tracks linking Tawang.

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Feb

Mon

06

Baring PE Asia raising India-dedicated credit fund

Mumbai: Baring Private Equity Asia (BPEA) is raising a new India-dedicated credit fund of Rs500 crore with a greenshoe option of Rs250 crore, two people familiar with the plans said on condition of anonymity.

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Feb

Fri

03

Amitabh Kant launches India Innovation Index A joint initiative of NITI Aayog, DIPP and CII

New Delhi: To make India an innovation-driven economy, NITI Aayog, Department of Industrial Policy & Promotion (DIPP) and Confederation of Indian Industry (CII) together launched a mega initiative “India Innovation Index” that will rank states on Innovations through country’s first online innovation index portal that will capture data on innovation from all Indian states on innovation and regularly update it in real time.

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Feb

Fri

03

To boost Skill India Mission, Govt sets aside Rs 17,000 crore in Budget

New Delhi: The government has set aside over Rs 17,000 crore for skilling, employment generation and providing livelihood to millions of youth who enter the workforce every year, giving Skill India Mission - Prime Minister Narendra Modi's pet project - a major leg up.

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Feb

Fri

03

Niti Ayog launches 'India Innovation Index'

New Delhi: NITI Aayog CEO Amitabh Kant on Thursday launched "India Innovation Index", the nation's first online innovation index portal which will rank states based on their innovations.

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Feb

Fri

03

HRD Ministry signs MoU with states on technical education

New Delhi: The Human Resource Development Ministry on Thursday signed an MoU for the third phase of Technical Education Quality Improvement Programme (TEQIP-III) with 18 states and a Union Territory for improving the overall standard and quality of technical institutes.

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Feb

Fri

03

India and Italy Sign an MOU for Technical Cooperation in Rail Sector Especially on Safety Related Subjects

New Delhi: Ministry of Railways and Ferrovie Dello Stato Italiane Group (FS Group) a Government Company of Italy managing the Italian railway sector have signed an MoU for technical cooperation in rail sector especially in the areas safety in train operations. On behalf of Ministry of Railways the agreement has been signed by Shri Vinod Kumar, Executive Director/Safety(coordination), Railway Board whereas it has been signed by Shri Renato Mazzoncini, CEO of FS Group, Italy.

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Feb

Fri

03

Civil Aviation Ministry Gives Push to Executive Development for the Aviation Sector

New Delhi: The first  Executive Development  Programme of Rajiv Gandhi National Aviation University was inaugurated by the Minister for Civil Aviation Shri  Ashok Gajapathi Raju in the capital today.  Speaking on the occasion, the Minister said that the Aviation University   should play  the important role of spreading  knowledge and see that  it is applied practically in the growth of the Aviation sector.  Shri  Raju pointed out  that skill development was a key of the growth of the Aviation sector which is likely to see an increase in demand for skilled workers   in the years to come He  also asked  the University to co-ordinate its activities with the Aviation Academy.

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Feb

Fri

03

Alibaba to lead US$ 200 million investment into Paytm's online marketplace

New Delhi: Paytm E-Commerce Pvt. Ltd is close to raising $180-200 million (around Rs1,210-1,350 crore) in an investment round led by Chinese internet giant Alibaba Group Holding Ltd, valuing the online retailer at about $1 billion, said two people familiar with the development.

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Feb

Thu

02

Budget 2017: Govt abolishes two decade old FIPB, to bring more FDI policy easing reforms

New Delhi: Finance minister Arun Jaitley has proposed abolition of the Foreign Investment Promotion Board (FIPB), a move that sets the stage for more reforms in the FDI policy. Housed in the finance ministry's Department of Economic Affairs, the FIPB is an inter-ministerial body responsible for processing of FDI proposals and making recommendations for government approval.

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Feb

Thu

02

Jaitley sticks to fiscal prudence

New Delhi: Finance Minister Arun Jaitley has chosen to deviate marginally from the path of fiscal consolidation by budgeting the fiscal deficit for 2017-18 at 3.2 per cent of GDP against the target of 3 per cent set under the existing Fiscal Responsibility and Budget Management (FRBM) framework. 

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Feb

Thu

02

43 budget proposals for 2016-17 implemented: Finance Ministry

New Delhi: Of the 107 social schemes and welfare programmes announced in the Union Budget for 2016-17, 43 were implemented and 4 partially implemented by the ministries concerned, work on 59 was in progress while one was dropped, said the Finance Ministry on Wednesday.

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      DOING BUSINESS IN INDIA

      A study has been done by Ernst and Young India with the intention of providing an overview of the investment climate, taxation, forms of business organisations, and business and accounting practices in India.

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