Finance ministry permits five states to borrow extra Rs 16k crore post Ease of Doing Business reforms
The Centre had in May decided to link grant of additional borrowing permission to states who undertook reforms. Tamil Nadu, Telangana, Andhra Pradesh, Karnataka and Madhya Pradesh have been allowed to withdraw funds
India's growth has the potential to catalyse global economic resurgence as "any achievements by India will have a multiplier impact on world's development and welfare", the prime minister said.
Invest India 2020: Narendra Modi invites Canadian businesses to invest in education, manufacturing and agri sectors
India has already received over $20 billion during the first 6 months of this year from across the globe at a time when COVID-19 pandemic is at a peak, the prime minister said.
In a video statement, Mukesh Ambani said he is delighted to welcome Facebook as a long-term partner and said the two companies will together accelerate India’s digital transformation to empower, enable and enrich people.
Govt to reduce time taken for starting business; to introduce integrated electronic form from 15 February
Currently, the ministry has the electronic form SPICe (Simplified Proforma for Incorporating Company Electronically) and that would be replaced with SPICe+.
Economic Survey 2020: India needs to spend $1.4 trillion on infrastructure during FY2020-2025 to reach $5 trillion economy
To spur economic growth and achieve $5 trillion economy, India needs to spend about $1.4 trillion on the infrastructure sector during FY2020-2025, the Economic Survey tabled in Parliament said on Friday
Economic Survey 2019-20 highlights: GDP growth to rebound in FY21, share of formal employment rises; 2.62 cr new jobs created
India's economic growth is expected to "strongly rebound" to 6-6.5 percent in 2020-21 from 5 percent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government with a strong mandate has the capacity to expedite reforms
Budget 2020: Govt must take bold steps to bring private participation into infrastructure building to spur demand
One of the largest sources of demand for manufacturing products is the government’s investment in infrastructure and building assets
Govt must come clean on real fiscal deficit in Union Budget, worst may be over for FMCG sector; all this and more on Moneycontrol Pro
The FMCG sector had a tough time in financial year 2020, as sales growth slid every quarter.
Union commerce and industry minister Piyush Goyal on Wednesday discussed issues relating to bilateral trade and investment with South Korean trade minister Yoo Myung-hi, as he met a number of industry leaders and foreign ministers here at WEF 2020
Govt reforms appear task-based; it's time to focus on structural changes to improve India's ease of doing business rankings
Two key areas in need of systemic reforms are enforcement of contracts and resolving insolvency
Tata Steel CEO says govt should focus on cost of business as part of efforts to improve ease of doing business
Tata Steel CEO and Managing Director TV Narendran has underscored the need for the government to focus on the "cost of business" as part of the Centre's efforts at improving the "ease of doing business", amid a slump in the price of steel
India hopes to continue FDI growth story in 2020; Centre, states working to provide stable policies for entry of foreign firms
Although the FDI is allowed through automatic route in most of the sectors, certain areas such as defence, telecom, media, pharmaceuticals and insurance, government approval is required for foreign investors.
India Inc leaders, including Bharti Enterprises Chairman Sunil Bharti Mittal, CII President Vikram Kirloskar and Assocham President Balkrishna Goenka, on Thursday asked the government to take measures to augment ease of doing business to "create more freedom for the industry to perform"
E-retailers cannot influence prices of goods on platform; must adhere to fair trade practices: Draft guidelines
The Consumer Affairs Ministry has issued draft 'The Consumer Protection (e-Commerce) Rules, 2019 and sought comments on the same by 2 December
Core sector growth shrinks 5.2% in September: With economy showing more signs of stress, Q2 GDP set to be damp squib
The core sector contributes 40% of the weight of Index of Industrial Production (IIP) hence that number for the month too is expected to take a hit.
Haryana, Maharashtra election results show that in spite of Modi's halo, local factors, jobs and economy also matter
The Maharashtra and Haryana Assembly results have shown that BJP's cultural ideology or strongman leadership or things such as highway projects and ease-of-doing-business rankings matter less compared with here-and-now issues such as the price of onions or jobs for the youths
India needs a fresh set of "bold reforms" in the next three to four years if it wants to be among the top 50 countries with ease of doing business, a top World Bank official said on Thursday
India at 63 in World Bank's Ease of Doing Business: Nirmala Sitharaman promises further GST simplification to improve ranking
Finance Minister Nirmala Sitharaman on Thursday said efforts will be made to further simplify Goods and Services Tax, and expressed hope that it will help in further improving India's ranking in the World Bank's ease of doing business index
India ranks 63 in World Bank's Ease of Doing Business: Improvement is outcome of Narendra Modi govt's reforms, says Corporate India
India Inc on Thursday cheered as the country jumped 14 places to the 63rd position on the World Bank's ease of doing business ranking, and said the performance was an indicator of the Narendra Modi-led government's reformist credentials