Business

April 9, 2012 9:00 AM

Govt aims to raise India's share in global FDI to 5% by 2017

The government plans to raise India's share in the global foreign direct investment to 5 per cent by 2017 by streamlining policies for attracting investments. The Department of Industrial Policy and Promotion, DIPP has set a goal 'to increase FDI inflows to India by improving its g...

April 8, 2012 9:07 PM

Pranab expresses satisfaction over increase in direct tax base<br/>

Finance Minister Pranab Mukherjee has expressed satisfaction over increase in direct tax base. Speaking after inaugurating the Direct Taxes Training Institute in Bangalore on Sunday, the Minister said the country&apos;s heavy dependence on indirect taxes earlier was worrying, but now direct tax ...

April 8, 2012 9:07 PM

Centre to set up 10 spice parks

The government will set up 10 spice parks across the most strategic locations in the country by the end of this year to promote export of spices. Spice Board of India, the nodal organization of the Ministry of Commerce and Industry, has taken a decision to this effect. The Board has earmarked an inv...

April 8, 2012 9:04 PM

Centre to set up 10 spice parks

The government will set up 10 spice parks across the most strategic locations in the country by the end of this year to promote export of spices. Spice Board of India, the nodal organization of the Ministry of Commerce and Industry, has taken a decision to this effect. The Board has earmarked an inv...

April 8, 2012 6:20 PM

Govt plans to raise India's share in FDI

The government plans to raise India&apos;s share in the global foreign direct investment to 5 per cent by 2017 by streamlining policies for attracting investments. The Department of Industrial Policy and Promotion, DIPP has set a goal &apos;to increase FDI inflows to India by improving its g...

April 7, 2012 10:11 PM

Shinde lays foundation for two powergrid pooling systems in Odisha

Union Power Minister Sushil Kumar Shinde on Saturday laid the foundation stone of 765 and 400 KV powergrid pooling systems in Angul and Sundargarh districts of Odisha. These will be built at a total cost of 9,500 crore rupees.The projects aim to meet power transfer needs of a large number of new gen...

April 7, 2012 10:01 PM

Haldia DMU unit to start operational from Nov

The ambitious project of Union Railways of Diesel Multiple Unit (DMU) factory at Haldia is likely to be commissioned by the end of November this year. The unit will be spread over 42.5 acres of land, according to Railway sources.At a high level meeting in Kolkata the Railway Minister Mukul Roy revie...

April 7, 2012 9:38 PM

Banks should play a key role in promoting inclusive growth: Pranab

Union Finance Minister Pranab Mukherjee says, inclusive growth is a key strategy to achieve and banks should play a key role in promoting it. He was speaking at the 6th International Banking and Finance Conference 2012 in Mumbai on Saturday.Mukherjee underlined the need to ensure every segment of th...

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