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PRAVASI BHARATIYA DIVAS 2015
The 13th edition of Pravasi Bharatiya Divas is being organized at Gandhinagar, Gujarat from January 7 to 9, 2015. It is the first time that PBD has gone to Gujarat. The PBD 2015 is dedicated […]
Investments
India
Cabinet clears 49% FDI in insurance
NEW DELHI (TIP): The Cabinet on Thursday approved 49% foreign investment in insurance companies through the FIPB route ensuring management control in the hands of Indian promoters. “The Cabinet Committee on Economic Affairs has approved […]
Featured
A mixed Blessing for India
Lower petroleum prices hold obvious advantages for Indian consumers, but a bearish global oil market could also hurt several segments of the country’s economy The Oil Ministers of 12 member states of Organization of the […]
Europe
Citing trade, Beijing seeks bigger role
KATHMANDU (TIP): The shadow of China seeking a greater role in the South Asian Association for Regional Cooperation (SAARC) and its presence in the eight-member grouping could not be missed here as the 18th Summit […]
United States
Xoom Announces Instant Deposit Service to Kotak Mahindra Bank Accounts in India
SAN FRANCISCO, CA (TIP): Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, is now offering instant deposits to Kotak Mahindra Bank accounts in India. This revolutionary service allows Xoom customers to instantly deposit […]
United States
Texas Leads Best States For Future Job Growth
DALLAS (TIP): Rick Perry ascended from Lieutenant Governor to Governor of Texas in December 2000 when thengovernor George Bush resigned after being elected the 43rd President of the United States. Perry will retire in January […]
Featured
New Balance of Power in Asia? India is challenging China’s assertiveness
“India must increase investments in education and infrastructure, achieve more equitable economic development if it is to emerge as a major driver of the global economy. Only then will it be able to make a […]
Business & Economics
RIL to sell 49.9% stake in US joint venture
NEW DELHI: Reliance Industries is looking to sell its 49.9% stake in a US joint venture that owns a 460 miles pipeline network for transportation of shale oil and gas. RIL, as well as its […]
Featured
Emergency was a blunder; Operation Bluestar an unmitigated disaster
Operation Bluestar was grievously handled. Everything that could go wrong did go wrong. I know that Indira Gandhi’s instructions were disregarded by those who in Amritsar were in charge of the operation. The Golden Temple […]
United States
Indians join the wave of investors in condos and homes in US
WASHINGTON (TIP): Arun Kumar owns three apartments in New Delhi, where he has carved out a comfortable life as part of India’s rapidly expanding middle class. Not long ago, he also became a global landlord, […]
Business & Economics
MAKE IN INDIA
The Prime Minister’s call for making India a manufacturing hub and creating jobs should boost small and medium enterprises as well By Charan Singh Prime Minister Narendra Modi’s ‘Make in India’ campaign is creating waves […]
Business & Economics
ESCORTS’ NOVEAU TRACTORS TO HAVE PORSCHE’S TOUCH
CHENNAI (TIP): The Porsche brand is no stranger to Indian roads but is commonly associated with luxury cars and SUVs. Now an Indian tractor major – Escorts – will roll out a range of top-ofthe- […]
Business & Economics
PRIME MINISTER MODI’S SPEECH AT MADISON SQUARE GARDEN, NEW YORK
“I have written this article imaging and imagining what PM Modi may say or could say at the MSG address to NRI’s on September 28th,” says the author. When we were students in India, we […]
India
India offers essential 3Ds to Japan – democracy, demography & demand
Tokyo (TIP): Inviting Japanese investors to ‘Make in India’, Prime Minister Narendra Modi said, “There is no better place than India for Japanese investors. India is one of the most competitive markets in the world.” […]
India
Modi’s Japan visit: Top 10 initiatives
1) Japan has committed to doubling its current investment in India to $35 billion over the next five years. This will be primarily towards developing India’s infrastructure and will involve Japanese firms. The agreement also […]
Featured
A New Sunrise
India and Japan have enjoyed the best of relations over the decades. Yet, their trade and economic partnership has, strangely, been underperforming, belying the promise and potential. Bilateral trade at $16.29 billion in 2013-14 accounted […]
Business & Economics
Narayana Murthy invests in realty, Azim Premji to follow suit
BANGALORE (TIP): Property has always been a major investment avenue of the rich. Now, some of the people one would expect to focus on enterprising ventures are also looking at rent-yielding property. Infosys co-founder NR […]
Business & Economics
Government notifies FDI liberalization in Railways
NEW DELHI (TIP): The government on August 27 notified the liberalized FDI norms for the Railways, permitting 100 per cent foreign direct investment through automatic route in several areas, including high speed trains. Other segments […]
United States
Oceanside’s Andrew T. Berman named to New York Life’s Executive council
OCEANSIDE, NY (TIP): Andrew T. Berman has been named a member of the 2014 Executive Council of New York Life Insurance Company. Members of the Executive Council are among the most successful of New York […]
India
Basics very much in Indian economy’s favor
INDIA’S JOURNEY TO DEVELOPMENT AND CHALLENGES The economy of India is the tenthlargest in the world by nominal GDP and the third-largest by purchasing power parity (PPP).The country is one of the G-20 major economies, […]
Business & Economics
Govt say no to FDI in multi-brand retail
NEW DELHI (TIP): The Modi government has made it clear it would not open the doors for FDI in multi-brand retail in India. Commerce minister Nirmala Seetharaman said in Rajya Sabha on August 13 that […]
Business & Economics
Murdoch reboots internet play in India
MUMBAI (TIP): Media mogul Rupert Murdoch’s News Corp has charted a fresh investment plan to tap into India’s fast-growing consumer internet story more than a decade after he took bets on domestic digital properties like […]
Featured
Modi government deserves appreciation for opening up wide to FDI
The recent decision of Modi government on foreign direct investment (FDI) should be seen as a positive step in the right direction. The process of liberalization set in motion by the Congress government in 1991 […]
Featured
Indian Union cabinet approves increased FDI in defense, railways
NEW DELHI (TIP): The Indian Union Cabinet on Wednesday, August 6 approved a proposal to raise the cap on Foreign Direct Investment (FDI) in the defense sector from 26% to 49%, a move aimed at […]
Business & Economics
Budget 2014 displays pragmatic & pro-growth policy stance: Sanjay Nayar, KKR India
Presenting his first budget, Finance Minister Arun Jaitley summed up the prevailing economic situation as continuing to present a great challenge to the economic health of the country. Emphasising the need to move quickly to […]