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Modi govt could have cleared up FDI in retail mess: Here's how they missed the chance

May 23, 2015 at 19:31 | Source: FirstPost

By Murlidharan Shrinivasan The Modi government has passed up an opportunity to leave its own firm imprint on the FDI in both brick and mortar as well as online retail policy. The occasion was a fresh compilation of the compendium of FDI in various se...

Inflation under control, farm crisis and investment slowdown are challenges, says Arun Jaitley

May 23, 2015 at 16:48 | Source: FirstPost

New Delhi - Finance Minister Arun Jaitley today said inflation has been brought under control in the past one year but global economy and agrarian situation as well as domestic investments pose challenge to the Indian economy.Addressing his second pr...

Inflation under check; global economy, agriculture a challenge: Jaitley

May 23, 2015 at 14:19 | Source: FirstPost

New Delhi: Finance Minister Arun Jaitley on Saturday said inflation has been brought under control in the past one year but global economy and agrarian situation as well as domestic investments pose challenge to the Indian economy.Addressing his seco...

Now we are all self-insured against capital outflows: Raghuram Rajan allays fears

May 23, 2015 at 11:28 | Source: FirstPost

Amid a huge sell-off by foreign investors in the capital markets, RBI Governor Raghuram Rajan yesterday said India is well protected against volatile capital flows with its deeper reserves, surging growth and a stronger macroeconomic environment.&quo...

Modi's one year: Arun Jaitely's all-is-well rant conveniently misses unpleasant part

May 22, 2015 at 15:51 | Source: FirstPost

Finance minister Arun Jaitelys press conference on Friday giving a round-up of the Narendra Modi governments one-year performance exhibited his mastery of presenting all the good things in a convincing tone, be it the intent to push tax reforms, rein...

Study reveals 20 cities in world likely to be hit by terror attack: Imphal, Srinagar at high risk

May 22, 2015 at 13:23 | Source: FirstPost

A recent researchconducted by global risk analytics company Verisk Maplecroft, which advises banks and insurers on the threat of a terror attack in almost any urban setting around the world, has put64 cities across the world at extreme risk of an att...

Study reveals 20 cities likely to be hit by terror attack: Imphal, Srinagar in high risk category

May 22, 2015 at 10:36 | Source: FirstPost

A recent researchconducted by global risk analytics company Verisk Maplecroft, which advises banks and insurers on the threat of a terror attack in almost any urban setting around the world, has put64 cities across the world at extreme risk of an att...

All out to woo foreign capital, Modi govt liberalises FDI for Indian diaspora

May 22, 2015 at 08:15 | Source: FirstPost

New Delhi - The government yesterday decided to liberalise foreign direct investment norms for NRIs and overseas citizens of India (OCI) as it aims to increase capital flows into the country.A decision in this regard was taken by the Cabinet Committe...

Strides Arcolab to buy Aspen's generics biz for Rs 1910 cr, shares rise 9%

May 22, 2015 at 07:39 | Source: FirstPost

Strides Arcolab today said it will acquire South Africa's Aspen Pharmacare's portfolio of branded and generics products in Australia for about Rs 1,910 crore.Shares of Strides Arcolab surged as much as 9.30 per cent in intraday trade on Thursday. The...

Centre relaxes norms to treat NRI investments as domestic

May 21, 2015 at 22:33 | Source: FirstPost

New Delhi: Aiming to attract overseas funds, government today decided that non-repatriable investments by NRIs, OCIs and PIOs will be treated as domestic investments and will not be subject to foreign direct investment caps.The Union cabinet, chaired...

Govt relaxes FDI norms for NRIs, PIOs, OCI to boost capital flow

May 21, 2015 at 21:35 | Source: FirstPost

New Delhi: The government today decided to liberalise foreign direct investment norms for NRIs and overseas citizens of India (OCI) as it aims to increase capital flows into the country.A decision in this regard was taken by the Cabinet Committee on ...

Stoop to conquer: How PM Modi can turn things around for his govt

May 19, 2015 at 08:20 | Source: FirstPost

At the end of Narendra Modis first year in government, a verdict on his performance would read something like this: He has done better than UPA-II, but he has under-delivered on the promise that brought him to power in May 2014 the promise of bringin...

Industry body Assocham gives Modi 7 on 10 for first year's performance

May 17, 2015 at 14:45 | Source: FirstPost

Giving the Modi government 7 out of 10 for its first year's performance, Assocham today said it still needs to cover some ground on tax issues and a lot more needs to be done on improving ease of doing business.The industry body said the country's ma...

Samsung heir takes charge of foundations in succession step

May 15, 2015 at 16:13 | Source: FirstPost

Samsung Group heir apparent Jay Y. Lee will take over from his father Lee Kun-hee as head of two key foundations, the conglomerate said, suggesting that a transfer of leadership is underway at South Korea's largest conglomerate.Jay Y. Lee, 46, will s...

Ab ki baar, UPA sarkar: A year later, the Modi govt looks very familiar

May 15, 2015 at 11:45 | Source: FirstPost

Ab ki baar UPA sarkar.Almost a year after he won the Lok Sabha election, Prime Minister Narendra Modi has achieved the impossible: he has given us another year of UPA. From Congress mukt (free) Bharat in 2014, we now have a Congress yukt (containing)...

Ab ki baar, UPA sarkar: A year later, Modi govt looks very familiar

May 15, 2015 at 08:15 | Source: FirstPost

Ab ki baar UPA sarkar.Almost a year after he won the Lok Sabha election, Prime Minister Narendra Modi has achieved the impossible: he has given us another year of UPA. From Congress mukt (free) Bharat in 2014, we now have a Congress yukt (containing)...

Ab ki baar, UPA sarkar: 1 year later, Modi govt looks very familiar

May 15, 2015 at 07:29 | Source: FirstPost

Ab ki baar UPA sarkar.Almost a year after he won the Lok Sabha election, Prime Minister Narendra Modi has achieved the impossible: he has given us another year of UPA. From Congress mukt (free) Bharat in 2014, we now have a Congress yukt (containing)...

Iran navy fires shots at tanker as tensions rise in Gulf| Reuters

May 15, 2015 at 03:45 | Source: FirstPost

WASHINGTON/LONDON Iranian naval vessels fired shots at a Singapore-flagged tanker in the Gulf on Thursday, in what appeared to be Iran's latest attempt to settle a legal dispute by force with passing commercial vessels, U.S. officials said.The incide...

The chameleon act: In first year, Modi sarkar has morphed into the UPA

May 14, 2015 at 22:58 | Source: FirstPost

Ab ki baar UPA sarkar.Almost a year after he won the Lok Sabha election, Prime Minister Narendra Modi has achieved the impossible: he has given us another year of UPA. From Congress mukt (free) Bharat in 2014, we now have a Congress yukt (containing)...

The chameleon act: In first year, Modi govt has morphed into the UPA

May 14, 2015 at 17:42 | Source: FirstPost

Ab ki baar UPA sarkar.Almost a year after he won the Lok Sabha election, Prime Minister Narendra Modi has achieved the impossible: he has given us another year of UPA. From Congress mukt (free) Bharat in 2014, we now have a Congress yukt (containing)...

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