Other Briefings
India’s Foreign Trade in June 2011
Exports Aug. 5 – India’s exports through June 2011 were valued at US$29.21 billion, which was 46.45 percent superior to the level of US$19.94 billion seen in June 2010. On an expanded timeframe, the growing value of exports for the period April-June 2011-12 was US$79.00 billion against US$54.22 billion over the same period a year […]
Key Points: India’s Economic Outlook For 2011-2012
Aug. 5 – India’s Economic advisory council has released its outlook for the year 2011-12. Some vital points are given below: Economy is expected to develop at 8.2 percent in 2011-12. Agriculture grew at 6.6 percent in 2010-11. Likely to nurture at 3.0 percent in 2011-12. Industry grew at 7.9 percent in 2010-11. Likely to […]
India Sees Uptick in PE Investment, M&A Deals
Aug. 4 – Recent market results show a significant pickup in private equity investment and inbound M&A deals in India. Following the previous year’s global slowdown, figures posted for the latest fiscal year are showing positive growth, highlighted by particularly strong private equity investment, worth US$4.2 billion to date. However, rising interest rates have tempered […]
Patil on Indian Investment in Mongolian Mining
Aug. 2 – President Pratibha Patil on Friday asked Indian industry houses to exploit the vast opportunities in the mining sector in Mongolia, saying that the gold, copper and uranium reserves here hold much in store for them. “The mining boom that Mongolia is presently experiencing is predicted to make Mongolia’s economy the fastest growing […]
Recent Updates Regarding Indian LLPs
Jul. 28 – Limited liability partnerships (LLPs) in India are a cross structure of a business venture which is an amalgamation of a business firm and a company. A LLP is considered as a mutual structure like any other company, enjoys tax dealings like a partnership firm, limits the liability of the partners to the […]
FDI in India’s Multi-Brand Retail
Jul. 26 – India’s Committee of Secretaries (CoS) voiced its approval for 51 percent FDI in multi-brand retail and the nodal Department of Industrial Policy and Promotion (DIPP) is expected to prepare a Cabinet proposal on this subject matter. The Cabinet Secretary has asked the DIPP to proceed rapidly on the issue and act fast […]
India Releases Voluntary National Responsibility Guidelines
Jul. 21 – India’s Union Minister of Corporate Affairs released the “National Voluntary Guidelines on Social, Environmental and Economic responsibilities of Business” this week, highlighting the subject of ethical responsibility in India’s corporate culture. The Minister of Corporate Affairs believes these new guidelines will strengthen India’s corporate sector and enable it to evolve into a […]
India Sees Strong First Quarter 2011 Export Growth
Jul. 18 – The Commerce Secretary of India informed that during the first quarter of this fiscal year, from April-June 2011, exports achieved a level of US$79 billion at a growth of 45.7 percent. Imports over the same time-frame were US$110.6 billion with a growth of 36 percent resulting in a trade deficit of US$31.6 […]
