Business Environment

US State Department Spokesperson Ned Price while talking to media on Wednesday said that the US is working with Pakistani partners and, in turn, it is working with international financial institutions, the IMF, to put itself on a sustainable growth path.

PM Modi asks BJP-ruled states to boost biz environment, ensure complete coverage of welfare schemes

During the meeting, PM Modi emphasised on better implementation of some key schemes and initiatives of the government such as GatiShakti, Har Ghar Jal, Svamitva, DBT implementation and others, the BJP said in a statement.

Biz environment becoming challenging for steel sector: SAIL

Country's largest steel maker SAIL today said with the business environment becoming extremely challenging for the steel sector, it has identified five core areas, including optimisation of new assets utilisation, to turn impending challenges into opportunities.

Consumer sentiment at highest level since Sept: Deutsche

Consumer sentiment perked up in June this year, as there was greater optimism towards buying conditions and business environment, with people showing increased willingness to purchase big-ticket items, according to a Deutsche Boerse report

JLR bets on petrol, launches Discovery Sport variant at Rs 56L

Jaguar Land Rover (JLR) India, which today launched the 2 litre petrol derivative of Land Rover Discovery Sport at a starting price of Rs 56.50 lakh (ex-showroom, Delhi), said the ban on select diesel vehicles has affected its business plans but it will adapt to meet the legal requirements.

'Hyundai should not hesitate to set up 3rd plant in India'

Commerce and Industry Minister Nirmala Sitharaman said it is, however, up to the company to decide on the plant's location.

Nasscom sticks to double-digit growth forecast for IT sector

R Chandrashekhar, President, Nasscom, sees IT sector growth at 12.3 percent in constant currency terms.

Samsung Electronics warns of tough 2016 amid Q4 outlook concerns

In a statement on Monday, Samsung said Chief Executive Kwon Oh-hyun told employees in a New Year's address that low global growth will persist this year, with greater uncertainty stemming from issues such as financial risks for emerging countries.

India beats China on GDP growth in 2015; may grow 7-7.5% in 2016

Going forward, Jaitley will have a tough time in sticking to the fiscal roadmap (3.5 percent of GDP in 2016-17) while taking care of additional outgo towards seventh Pay Commission award and One Rank One Pension (OROP) for retired defence personnel.

Dhir & Dhir Associates Forays into Hyderabad

Dhir & Dhir Associates, India’s leading full service law firm with expertise and experience of more than two decades across sectors and ...

Dhir & Dhir Associates Launch Hyderabad Operations

Move marks opening of Law Firm’s fourth office world-wide

Consumer sentiment rise on hope of better biz environment

"RBI's more accommodative policy stance has helped stabilise consumer sentiment following the trend decline in 2014. While there are a few positives on the outlook for employment and business conditions, confidence is still bumping along at a lower level compared with last year," MNI Indicators Chief Economist Philip Uglow said.

E-commerce to keep deal street buzzing going forward

E-commerce companies have stolen the limelight from traditional IT companies when it comes to attracting investor interest.

India open for investment; US ready to move in: USIBC chief

"India is ready and open for investment and the US is eager to move in," said Mukesh Aghi, president of US India Business Council (USIBC), the apex trade and business advocacy group for American businesses having a foothold in India.

Hike in excise duty aimed to meet budget deficit: Pradhan

The government had yesterday raised excise duty on petrol by Rs 2.25 per litre and by Re 1 a litre on diesel but retail pump rates will not be increased as oil firms decided to absorb the duty change for the time being.

Govt to take steps for improving ease of doing biz in India

The government is gearing up to improve the overall business environment in the country and give an impetus to the manufacturing sector and entrepreneurship in general. As part of this process the ministry for MSME will be focusing on enabling easy credit, mentoring and providing an easy exit to entrepreneurs, reports CNBC-TV18's Malvika Jain.

Hindrance can be removed by changing companies act: Nirmala

Sitharaman said this while addressing the National Symposium on Manufacturing and Best Practices to Improve the Business Environment jointly organised by Odisha Government's Industries department and Department of Industrial Policy and Promotion, Government of India.

Shape up or ship out: Paul Polman's business mantra

Polman cautions that while businesses would go through troughs as their new models find their feet, it is important for leaders to focus on the long-term instead of succumbing to quick fixes to protect shareholder interest.

After Infosys, Vemuri set to steer iGate growth story?

With iGate posting a better-than-expected results in the third quarter, CEO of iGate has brought much needed relief to the shareholders of the information technology services provider.

Ratan Tata lashes out at 'venal' Indian business climate

Ratan Tata, the outgoing head of the Tata business empire, has said that a lack of government support was preventing Indian industry from competing with China and lashed out at a "venal" business environment.

BHEL earnings cut by 10%; see OPM at 14-15%: Macquarie

Due to project delays pressurizing BHEL’s operating margins, Macquarie Capital Securities cuts earnings estimate for the capital goods major by 10% and says the decline could continue for two consecutive years.