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India remains attractive investment destination: CEA India remains attractive investment destination: CEA Amid the global financial turmoil, Indian economy will grow at the highest rate and also remain an attractive investment destination, Chief Economic Advisor Arvind Subramanian said Tuesday.
Execution, capital issues persist in infra sector: BofA-ML Execution, capital issues persist in infra sector: BofA-ML Noting that infrastructure is witnessing a gradual revival, a BofA-ML report said the sector is still faced with challenges in terms of working capital requirements and execution issues.
India mulls safeguard duty on steel imports India mulls safeguard duty on steel imports The government is likely to soon impose safeguard duty on imports of certain types of steel as it has found prima-facie evidence that surge in imports is hurting domestic producers.
Industry steps up call for cheaper capital at meet with PM Industry steps up call for cheaper capital at meet with PM The top honchos of India Inc, who met with Prime Minister Narendra Modi Tuesday, highlighted the need for lower cost of capital to boost investments, propping up rural demand and more measures for ease of doing business.
Govt may hike DA by 6%; to benefit over 1 crore employees, pensioners Govt may hike DA by 6%; to benefit over 1 crore employees, pensioners The Cabinet is likely to consider Wednesday a proposal to increase dearness allowance to 119 percent from 113 percent, which if cleared will potentially benefit over one crore government employees and pensioners.
Indian economy sees 'firming growth', says OECD Indian economy sees 'firming growth', says OECD Amid the global economy witnessing mixed trends, Paris-based think tank OECD on Tuesday said India is expected to see "firming growth" while the outlook for China continues to deteriorate.
Swiss govt discloses new name in India's black money probe Swiss govt discloses new name in India's black money probe In a fresh disclosure on suspected black money cases being probed by tax authorities in India, Switzerland on Tuesday said it has received request for information about Indore-based textiles firm Neo Corp International Ltd.
Global economic situation an opportunity for India: Jaitley Global economic situation an opportunity for India: Jaitley Describing India as transiently impacted by recent events in China, Finance Minister Arun Jaitley on Tuesday said the global situation instead presented an opportunity for the country as it is a net importer of commodities and oil is in free fall.
PM Modi seeks to capitalise on China's market woes PM Modi seeks to capitalise on China's market woes Modi reportedly urged business leaders including Reliance Industries owner Mukesh Ambani -- India`s wealthiest man -- to take greater risks and scale up investments as concerns over China`s economy grow.
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