Blog

US Entrepreneurs To Invest USD 41bln In India

Source: inserbia.info The US industrialists have responded positively to Indian Prime Minister Narendra Modi’s call for investment in the South Asian country, as they are planning to invest USD 41 billion in India in the next three years. In New Delhi, a senior government official confirmed the news on Saturday, saying that the success of the PM’s US visit has paved the way for such huge investments. The official, who wished to remain anonymous, told the ‘Times of India’ daily…

Read More

Despite Cold Shoulder From Obama, India’s New Leader Takes US by Storm

Source: breitbart.com Despite a noticeably cool reception at the White House, everywhere else India’s new Prime Minister Narendra Modi went on his five day visit to the United States he was treated more like a pop star than the self-effacing 63-year old devout Hindu that he is. More than 19,000 adoring fans, many of whom travelled from Indian communities throughout the United States and Canada just for the chance to see Modi, crammed into New York City’s iconic Madison Square…

Read More

FDI in telecom sector jumps manifold to $2.33bn in April-July

Source: Times of India After registering a huge decline in the recent past, foreign direct investment in the telecom sector grew manifold to $2.33 billion in the first four months of 2014-15. During the entire 2013-14 fiscal, the sector had received a total FDI of $1.3 billion. FDI in the telecom sector, which includes radio paging, cellular mobile, basic telephone services, attracted only $12 million during April-July period of the last fiscal, as per the department of industrial policy and…

Read More

PM’s US Visit: Narendra Modi, Barack Obama target $500 billion India-US trade

Source: Economic times Targeting a five-fold jump in Indo-US trade to $500 billion, Prime Minister Narendra Modi and US President Barack Obama today pledged to deepen economic cooperation and will set up a joint program to boost business investment. After two days of talks focused on ways to reinvigorate the US-India relationship through economic, energy and security cooperation, the two sides agreed on $1 billion of concessional financial from the US Export-Import Bank for India’s renewable energy development agency. The…

Read More

Narendra Modi woos American Corporates; Promises Tax Stability

Source: DNAIndia Making a strong pitch to attract investments into India, Prime Minister Narendra Modi today assured top American corporate honchos of tax stability and friendlier business environment in the country. Modi, who is on his maiden visit to the United States as Prime Minister, held meetings with a galaxy of American corporate executives, including those from Boeing, PepsiCo, Google, KKR and General Electric. Bullish on the potential of the Indian market, the corporates have expressed keenness to strengthen their…

Read More

‘Rock star’ Narendra Modi makes a big splash in United States media

Source: India.com Prime Minister Narendra Modi‘s rock star like reception by a rapturous Indian-American community at Madison Square Garden made quite a splash in the US media too ahead of his summit Monday with President Barack Obama. Modi “sold himself on Sunday as a onetime tea vendor who wanted to lift India to glory by cleaning up the country, clearing the way for business and preparing its young citizens to be the work force of an aging world,” wrote the…

Read More

India and Japan decides to hold joint working group meeting on tourism

Source: Business Standard Huge potential for collaboration between the two countries in areas of tourism infrastructure and hotel industry Minister for Land, Infrastructure, Transport and Tourism (MLIT) of Japan Akihiro Ohta called on the Minister of State (Independent Charge) for Tourism and Culture Shripad Naik. During the meeting both sides discussed the matters related to tourism sector to further strengthen the bilateral relations between India and Japan. Shripad Naik said that India gives high importance to its relations with Japan.…

Read More

German Electronic Industry asked to Invest in India

Source: india.com Communications and Information Technology Minister Ravi Shankar Prasad invited the electronic industry in German to invest in India as he conveyed Prime Minister Narendra Modi‘s vision of a “Digital India” to German business leaders during his week-long visit to the European powerhouse. The minister, in his address to the representatives of Zentralverband Elektrotechnik- und Elektronikindustrie (ZVEI), the apex association of electronics in Germany, and leading German electronics companies about the “make in India” policy of the new government…

Read More

Modi kicks off ‘Make in India’ campaign

Source: Tribuneindia NEW DELHI: Launching his government’s ambitious project to make India a manufacturing hub, Prime Minister Narendra Modi today promised effective and easy governance to help achieve high growth and creation of jobs. Kicking off the “Make in India” campaign, he said his government’s focus will be on physical infrastructure creation as well as creating a digital network for making India a hub for global manufacturing of goods ranging from cars to softwares, satellites to submarines and paper to…

Read More

Paying Taxes To Become Simpler?

Source: Businessinsider.in The complex tax structure in India, which gives jitters to all, may soon become a thing of past. ASSOCHAM has urged the Central Board of Excise and Customs (CBEC) to simplify the existing tax structure in the country. The association stated that uncertainty in tax implications and the approach adopted by the tax departments to achieve revenue targets in the past few years has resulted in inordinate amount of litigation. “Since indirect taxes are transaction-based taxes, such an…

Read More
Translate »