Mumbai: The European Union, India's leading partner in terms of trade and investment, is hopeful of higher foreign direct investment in India in the coming years. "Europe is India's largest source of foreign direct investment with a stock of 34.4 billion euros and India's investments in Europe is also fast reaching 7 billion euros. There is scope to grow much more. "European FDI in India for instance is half the...
12:46 AM, Feb 14, 2012
Catch the day's top stories on India at 9 with Veeraraghav and Suhasini Haidar. ...
11:48 PM, Feb 13, 2012
Paris: The international economic outlook is showing tentative signs of improvement, with the momentum shift spreading from the United States and Japan to other developed countries, the OECD's December survey of growth prospects showed on Monday. The survey picture was mixed in the euro zone, where seven countries were now "pointing towards a positive change in momentum" while the region's overall reading dipped marginally. The OECD said its leading indicator...
09:01 PM, Feb 13, 2012
New Delhi: Initial investigation suggested that "foreign substance" was attached to an Israeli embassy car leading to the explosion in the vehicle, Special Secretary (Internal Security) in the Home Ministry Ajay Chadha said on Monday night. "Initial report suggests attachment of foreign substance in the rear of the vehicle. However, the exact cause of the explosion will be known only after further investigation by the Delhi Police," Chadha told reporters...
07:55 PM, Feb 13, 2012
New Delhi: In a much needed boost to India's bid to host the 2017 Under-17 World Cup Football, FIFA President Sepp Blatter will visit the country early next month to have a first hand account of the developmental work here. Blatter, who is scheduled to visit Nepal during the AFC Challenge Cup (March 8-19), will be in India on March 9, All India Football Federation vice-president Subrata Dutta said here...
07:28 PM, Feb 13, 2012
Not of the three demands of Sahara India: 27 percent cut in franchise fees, an open auction pool and five foreign players in the team were met by the BCCI. ...
06:54 PM, Feb 13, 2012
Agartala: India will soon start the final survey to lay the rail link between Akhaura in Bangladesh and Agartala, a project which New Delhi plans to implement within two years, a top railway official said on Monday. Chief Administrative Officer (Construction) of Northeast Frontier Railway Mohan Lal said the survey for the 11.5 km line would start immediately after allocation of funds in the coming budget. "Just after allocation of...
05:35 PM, Feb 13, 2012
New Delhi: A car belonging to the Israeli Embassy caught fire after a minor explosion in Delhi's Tughlak Road on Monday injuring four people. An Israeli Embassy spokesman said that the car was near the embassy when the incident occurred and added that one of those injured was a woman diplomat. The driver of the Innova car with the diplomatic number plate 109 CD 35 and two others have also...
05:24 PM, Feb 13, 2012
New Delhi: Expanding its online reach, Indian Railways' Delhi Division has come up with a dedicated Facebook page where passengers can check out availability of berths, train timings and other related information. "We have opened a page on Facebook to inform passengers about the status of vacant berths as well as the arrival and departure of trains. The page is linked with the National Train Inquiry Service and constantly updated,"...
04:39 PM, Feb 13, 2012
In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%. According to sources, the ministry has suggested an additional one per cent interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven per...
04:12 PM, Feb 13, 2012
New Delhi: Indians are the largest depositors in banks abroad with an estimated $ 500 billion (nearly Rs 24.5 lakh crore) of illegal money stashed by them in tax havens, the CBI Director said on Monday. India, in particular, has suffered from the flow of illegal funds to tax havens such as Mauritius, Switzerland, Lichtenstein, British Virgin Islands etc. "It is estimated that around 500 billion dollars of illegal money...
03:19 PM, Feb 13, 2012
Almost everybody CNN-IBN asked at the Grammys Red Carpet, said he or she would love to come to 'magnificent' India. The fans of India included iconic crooner Tony Bennett, hotel heiress Paris Hilton and Rihanna. ...
01:17 PM, Feb 13, 2012
I have chosen this topic for discussion as I believe that, as we look deeper and wider in the functioning of our polity, we have ...
12:49 PM, Feb 13, 2012
USA The US, ranked number one, has always been a leader in innovation. However, after the recession, innovation has taken a backseat in the USA. This could possibly hamper job creation. India India, ranked sixth, is one level higher than the UK in innovation. Its most innovative sectors are energy, healthcare, telecommunications, and fast moving consumer goods. China China is the fourth most innovative country and the second largest investor...
12:18 PM, Feb 13, 2012
New Delhi: India has once again emerged as the most optimistic market, driven by its buoyant domestic consumption levels, but slowing growth and inflationary concerns could put pressure on consumer confidence for the year ahead, says a survey. According to the latest global consumer confidence findings from Nielsen, a provider of information and insights into what consumers watch and buy, India remained the world's most optimistic market for the eighth...
11:50 AM, Feb 13, 2012
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