States drag their feet on FDI guidelines for e-commerce
States drag their feet on FDI guidelines for e-commerce The Centre’s efforts to frame guidelines for foreign direct investment (FDI) in the e-commerce sector and create a level playing field between online and off-line retail following orders from the Delhi High Court is yet to generate response from States.Not a single State has submitted its […]
Centre approves 23 FDI proposals
Centre approves 23 FDI proposals worth ₹10,378 cr The government has approved 23 proposals for foreign direct investment (FDI) worth ₹10,378.92 crore.This includes 12 from pharmaceutical majors such as Glaxo, Novartis, Mylan and Natco.The approvals were given based on recommendations by the Foreign Investment Promotion Board (FIPB) in its meeting on July 13.Thirteen proposals, including […]
Industrial output grows by 3.8 per cent in June
Industrial output grows by 3.8 per cent in June In what should cheer consumers and investors alike, consumer price index (CPI) inflation slowed to 3.8 per cent in July from 5.4 per cent in June while factory data showed an uptick in July.The CPI inflation figure was lower than the 4.5 per cent predicted by […]
Natural gas supply growing much faster than demand
Natural gas supply growing much faster than demand The shortfall of natural gas in the country is set to widen over the next couple of years and then stabilise by 2017-18, according to data presented by the Minister of Petroleum and Natural Gas Dharmendra Pradhan to Parliament during the ongoing session. According to the Minister, India’s […]
Telanga eyes 12,000 acres of Special Economic Zones
Telangana eyes 12,000 acres of Special Economic Zones The Telangana government has sought cancellation of “SEZ status” to 20 Special Economic Zones that failed to commence operations even after allotment of thousands of acres of land more than five years ago.Most of the SEZs are located in neighbouring districts of Hyderabad, namely Ranga Reddy, Mahbubnagar, […]
