“RBI needs to be more responsible,” Yashwant Sinha The former finance minister, Yashwant Sinha was critical of the Reserve Bank of India. He emphasised that the RBI needs to reduce interest rates. The central bank has been stingy in reducing repo rate, especially now that the inflation is[…]
Read MoreRATE CUT MAY NOT BOOST GROWTH, AIAI Industry and Trade was expecting minimum rate cut off 100 BPS in view of the slow-down, which would have resulted in growth in industrial production and infra sector, said Vijay G. Kalantri, President, All India Association of Industries (AIAI). AIAI[…]
Read MoreAIAI Recommends for Reduction in Interest Rate to 2% In view of the macro-economic parameters, there has been an encouraging growth in the manufacturing sector, supported by the service sector. Further with predictions for a normal monsoon this year, there is optimism for India’s economic growth. All India[…]
Read MoreAIAI on One year of Modi Government Within one year the Prime Minister Narendra Modi Government has put India firmly on the global map, His efforts to reach out to the world to do business with India has created a positive awareness and curiosity about India’s potential and[…]
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European nations want to invest in India, but with less bureaucracy H.E. João Cravinho, Ambassador of the European Union (EU) spoke positively of the relations between European countries and India. However, he urged the Indian government to break the walls around, that deter foreign investors from doing trade with[…]
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Taipei Delegation Expresses Confidence in Indian Economy A 20-member delegation from Taiwan, led by Chien-Nan Kuo, CEO Yu Tong Steel reached out to the Indian investors and members of World Trade Centre Mumbai. In a joint effort to encourage bilateral trade, an ‘Interactive meeting on 2015 Taiwan Trade[…]
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Lithuania Seeks Investment Cooperation with India H.E. Laimonas Talat-Kelpsa, Ambassador, Republic of Lithuania in India, while addressing an interactive meeting on Investment and Trade opportunities in Lithuania organised by All India Association of industries and MVIRDC World Trade Centre Mumbai, mentioned that since January 2015 the country has[…]
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EASTERN POLAND BECKONS INDIAN INVESTORS “Poland is keenly watching developments in India and is highly encouraged with recent investment announcements and plans of the Central government as well as by the government of Maharashtra, and the prospective ideas of infra-structure projects, smart cities and industrial corridors” said Leszek[…]
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Product e-Commerce sector to grow ten-fold by 2020 Arindam Mukherjee, Vertical Head – Banking & Financial Services, Cisco Systems said that he expects the e-commerce industry in India to rise from $4.5 bn today to $45 bn in next 4-5 years. e-Commerce would revolutionize the way small and[…]
Read MoreAIAI welcomes the introduction of Goods and Service Tax (GST) in RS Goods and Service Tax Bill introduced in the Rajya Sabha today by the Union Finance Minister Mr. Arun Jaitley is going to lead to growth in Indian business which will boost the country’s GDP and shall[…]
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