Sakshi Batra is in conversation with Gaurav Choudhury, Deputy Executive Editor, Moneycontrol, to discuss the challenges that could impede India's push towards further improving its standing as a country open to enterprise and commerce.
An October 26 letter by the Department of Economic Affairs Secretary lays bare the Finance Ministry's worries.
Asked about the industry demand for a cut in the 10 percent import duty on gold, Prabhu said though increase in the imports push the current account deficit (CAD), the government tries to strike a balance between them.
Pitching for a 12 percent hike in airfares to offset the increased costs, the report also forecast debt liability of three listed airlines to go up by 10 percent by FY19.
The city will soon have integrated smart control room, exclusive women outposts, pink toilets, night patrols of women police and women help desks in all police stations with counsellors.
"CII looks forward to continued momentum of reforms, especially, in areas such as registering property and enforcing contracts, among others, where India needs to catch up," the chamber's President Rakesh Bharti Mittal said in a statement.
India has jumped 65 positions from 142 in 2014 to 77 now, BJP spokesperson Sambit Patra said, adding that India had travelled from the "fragile five" emerging markets to a "fabulous few" in a short span of time.
The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR), after concluding its probe, has recommended the duty on imports of 'Zeolite 4A (Detergent Grade)' imported from China.
Bidding opened for retail buyers on Thursday-- which was the second day of the two-day OFS-- during which small investors put in bids for over 4.23 crore shares or 1.07 times the shares reserved for them, as per data available with NSE.
Kant said India, which has jumped 23 places to the 77th position in the 'ease of doing business' ranking released Wednesday, can reach top 50 in the ranking next year.
China's General Administration of Customs said in a statement posted on its website on Thursday that it was making available to the public monthly data on the import and export of commodities, including the country of origin for imports and destination for exports.
The main objectives of the MoU are to expand bilateral cooperation in tourism, including cooperation in data related to tourism, between tourism stakeholders, including hotels and tour operators, to establish exchange programmes for cooperation in human resource development and encourage investment in the tourism and hospitality sectors.
Prime Minister Narendra Modi will launch a programme to support the businesses in New Delhi on Friday, the finance ministry said.
It will apply for corporate agency licence that enables issuance of insurance policies to customers
Going forward, however, the seasonal spike in gold demand could be moderate this Dhanteras-Diwali, owing to factors like a lack of liquidity and rising prices.
The federal register issued a notification, listing out 90 products which were so far subject to duty-free provisions under the Generalized System of Preferences (GSP).
The Nikkei India Manufacturing Purchasing Managers' Index strengthened from 52.2 in September to 53.1 in October as new orders and production increased at the quickest rate in four months.
The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) for October, released on Thursday, edged up to 50.1 from 50.0 in September. Economists polled by Reuters had forecast a reading of 49.9, just off the 50-mark that divides expansion from contraction.
China's manufacturing sector barely grew last month after stalling in September and export orders contracted further, according to a private sector manufacturing report.
This means that users who do not recharge their plans would see outgoing calls blocked in 30 days and incoming ones in 45 days
SEBI is also planning to bring a framework on compensation for rating agencies to ensure that there is a disincentive for them to assign aggressive ratings
British and European negotiators have reached tentative agreement on all aspects of a future partnership on services, as well as the exchange of data, the British newspaper reported, citing government sources.
Investors have generally shunned emerging market assets this year, made riskier by the international trade tensions and the increasing attractiveness of dollar yields thanks to the US Federal Reserve's steady pace of rate increases.
The proposal stems from a law Congress passed in May that ordered the Fed to reduce regulatory burdens on community and regional lenders.
In May, Trump had pulled out of the 2015 landmark nuclear deal, the Joint Comprehensive Plan of Action (JCPOA) terming it as 'disastrous'.