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80 Chinese cos currently active in India, equity investment negligible

80 Chinese cos currently active in India, equity investment negligible

🕔07:53, 10.Feb 2021

New Delhi, Feb 10  As the Indian government pushes the ‘Aatmanirbhar Bharat’ vision, official data show that about 80 Chinese companies established in India are ‘active’ currently. Union Finance Minister said on Tuesday that a total of 92 Chinese companies

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NDB extends $646 m loan for upgrading state highway network in Andhra

NDB extends $646 m loan for upgrading state highway network in Andhra

🕔18:27, 6.Jan 2021

New Delhi, Jan 6  The Indian government and the Andhra Pradesh government on Wednesday signed a loan agreements of up to $323 million each with the New Development Bank (NDB) for two road sector projects. The first project – the

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Govt may go in for legal challenge to Vodafone, Cairn arbitration outcomes

Govt may go in for legal challenge to Vodafone, Cairn arbitration outcomes

🕔05:37, 24.Dec 2020

New Delhi, Dec 24  The Indian government may mount a challenge against the arbitration awards passed against it over retrospective taxation levy on Cairn Energy and Vodafone Group. Sources privy to the development said that as both the arbitration cases

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India allows graded relaxation in visa, travel restrictions

India allows graded relaxation in visa, travel restrictions

🕔14:03, 22.Oct 2020

New Delhi, Oct 22  As Indian government has almost lifted all restrictions imposed earlier to contain Covid-19 pandemic, it has now decided to make a “graded relaxation in the visa and travel restrictions”. Under the relief, the Ministry of Home

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Govt bans 47 more Chinese mobile apps

Govt bans 47 more Chinese mobile apps

🕔15:18, 27.Jul 2020

New Delhi, July 27  Nearly a month after banning 59 Chinese apps, the Indian government has barred 47 more Chinese apps from operating in the country, which were largely clones of the previously banned apps, sources said. The list of

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World Bank provides $400 mn to enhance support for Namami Gange

World Bank provides $400 mn to enhance support for Namami Gange

🕔07:26, 8.Jul 2020

New Delhi, July 8  The Indian government and the World Bank on Tuesday signed a loan agreement to enhance support for the Namami Gange programme that seeks to rejuvenate the Ganga. The Second National Ganga River Basin Project will help

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India bans 59 Chinese apps over national security concerns

India bans 59 Chinese apps over national security concerns

🕔22:03, 29.Jun 2020

New Delhi, June 29  The Indian government on Monday banned nearly 59 Chinese apps including TikTok, WeChat and UC Browser and Xiaomi’s Mi Community over national security concerns as India-China bilateral relations remain strained after the death of 20 Indian

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India, AIIB sign pact for $750 mn Covid response support

India, AIIB sign pact for $750 mn Covid response support

🕔07:20, 20.Jun 2020

New Delhi, June 20  The Indian government and the Asian Infrastructure Investment Bank on Friday signed an agreement for $750 million loan for Covid-19 response. The development comes after the AIIB on Wednesday said that it has approved a $750

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India needs single corporate tax rate of 25%: KPMG

India needs single corporate tax rate of 25%: KPMG

🕔11:20, 26.Aug 2019

New Delhi, Aug 26  The Indian government should move towards a simple tax structure with a single corporate tax rate of 25 per cent, without any surcharge or cess above it, global advisory KPMG has said in a report. The

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Government should incentivise local cos for 5G to succeed in India: Report

Government should incentivise local cos for 5G to succeed in India: Report

🕔09:19, 1.Dec 2018

New Delhi, Dec 01  The Indian government should allocate funds and incentivise local technology and telecom firms to develop their internal capacities which would in turn help 5G technology succeed in the country, said a report by the Cuts International

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India defers levy of safeguard duty on solar cells

India defers levy of safeguard duty on solar cells

🕔15:32, 14.Aug 2018

New Delhi, Aug 14  The Indian government will not insist on payment of safeguard duty on import of solar cells for the time being in deference to an interim order passed by the Orissa High Court, a Finance Ministry official

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India invites investments from Omani companies

India invites investments from Omani companies

🕔12:03, 17.Jul 2018

New Delhi, July 17 The Indian government on Monday invited Omani companies to invest in India and benefit from Make in India programme aimed to encourage manufacturing, an official statement said. The invitation was made by Commerce Minister Suresh Prabhu during

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Government seeks explanation from Facebook by June 20 over data sharing

Government seeks explanation from Facebook by June 20 over data sharing

🕔10:32, 8.Jun 2018

New Delhi, June 8  The Indian government has asked social networking major Facebook to explain reports that it had allowed phone and other device manufacturers access to its users’ personal information, including that of their friends without taking their explicit

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India has accords for info on money laundering with 130 nations

India has accords for info on money laundering with 130 nations

🕔12:12, 7.Mar 2018

New Delhi, March 7  India has agreements with over 130 countries to obtain information related to money laundering and funding, Minister of State for Finance Shiv Pratap Shukla said on Tuesday. Agreements signed in this regard include Double Taxation Avoidance

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India signs $100 mn loan agreement for TN rural enterprises

India signs $100 mn loan agreement for TN rural enterprises

🕔09:44, 31.Jan 2018

New Delhi, Jan 31  The Indian government on Tuesday signed a $100 million loan agreement with the World Bank to promote rural enterprises and create employment opportunities for youth, particularly women, across 26 districts of Tamil Nadu, an official statement

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Saudi Arabia’s nod to Haj pilgrimage via sea route from India

Saudi Arabia’s nod to Haj pilgrimage via sea route from India

🕔19:03, 8.Jan 2018

New Delhi, Jan 8  The Indian government’s proposal to send Haj pilgrims through the sea route has got the green signal from the Saudi Arabian government, Union Minority Affairs Minister Mukhtar Abbas Naqvi said on Monday. The discussion on reviving

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Indian government’s IT spending to hit $8.5 bn in 2018

Indian government’s IT spending to hit $8.5 bn in 2018

🕔14:16, 15.Nov 2017

New Delhi, Nov 15 Picking up the pace after demonetisation and a drop in industrial production, IT spending in the Indian government sector is projected to reach $8.5 billion in 2018. This is an increase of 8.9 per cent from

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Public opinion has changed in favour of FDI in defence: Jaitley

Public opinion has changed in favour of FDI in defence: Jaitley

🕔14:19, 10.Oct 2017

New York, Oct 10  The Indian government has been able to change domestic public opinion in favour of inviting foreign investment into sectors of production that were earlier considered out of bounds both for ideological as well as security reasons,

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We want the whole world to come to India: Tourism Minister Alphons

We want the whole world to come to India: Tourism Minister Alphons

🕔12:23, 19.Sep 2017

New Delhi, Sep 19  The Indian government is seeking a dramatic increase in tourist figures, both foreign and domestic, in a way that it helps to earn more revenues and generate employment, new Tourism Minister K.J. Alphons has said. “The

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Indian government helping develop homeopathy in Ghana

Indian government helping develop homeopathy in Ghana

🕔12:58, 20.Jul 2017

Accra, July 20  The Indian government is partnering with a Ghanaian company to build capacity of the country’s professionals in providing homeopathic education and treatment and recently sent two experts from the Ministry of Ayush to train doctors and staff

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