Entire jewellery industry of India is highly upset with the government's recent measures to curb import of gold to contain the Current Account Deficit (CAD) as it (the industry) has already started feeling the impact of condensed supply of ...
India’s Minister of Commerce and Industry Anand Sharma will be meeting heads of global retail chains on June 27 to address their concerns related to the Government’s foreign direct investment (FDI) Policy in multi-brand retail ...
Tags: Global Retail Chains, Apparel
The Senate is expected to vote next week on an immigration bill, and it is likely to pass after one last fight to give U.S. workers hiring preference over foreigners with H-1B visas. Sen. Chuck Grassley (R-Iowa) and Sen. Sherrod Brown ...
Tags: Computer Products, software
Mr. Kavuru Sambasiva Rao, a member of the Lok Sabha representing Eluru constituency in the Southern Indian state of Andhra Pradesh has taken charge as the new Textiles Minister in the Indian Government. Speaking to reporters soon ...
The Government of India may further relax or simplify guidelines for foreign direct investment (FDI) in multi-brand retail trading (MBRT), Minister of Commerce and Industry and Textiles, Anand Sharma, has said. The Indian ...
Tags: India, Apparel&Accessories, MBRT
Union Petroleum and Natural Gas Minister M Veerappa Moily has assured the weavers of Karnataka of full support from the Indian Government for the development of the sector and weavers' welfare. Speaking at the inauguration of golden ...
Tags: Textile
In response to queries by prospective investors on Indian Government’s foreign direct investment (FDI) in multi-brand retailing, the Ministry of Commerce has issued clarification on the 30 percent souring from small and medium ...
Tags: FDI Policy, small industries
Amazon.com has set up a website with its brand in India, but will not be selling on the site. In line with Indian government rules, the new marketplace Amazon.in is only offering sales and order fulfillment services to Indian retailers. ...
General Insurance Corporation (GIC Re), the Indian government owned sole reinsurer, is seriously considering expanding reinsurance business beyond domestic boundary through the acquisition of some Lloyd’s syndicates. Speaking at a ...
Tags: GIC Re Eyes, Service, Syndicates
The Indian government has agreed to setup a world pharma trade centre at Hyderabad in Andhra Pradesh as the city has emerged as a hub for pharmaceutical industry in the recent times. The decision was confirmed by the country's union ...
Indian government may have been trying hard to acquire a ‘Global Diamond Trading Hub’ status for its diamond industry on one hand but on the other hand if some figures are to be believed, it may be on verge of surrendering its ...
The Indian government has announced the development of new low-cost vaccine referred to as Rotavac against rotavirus, a diarrhea causative agent leading to a number of childhood deaths in the developing world. The new rotavirus vaccine is ...
Tags: Vaccine, Diarrhea Virus
The sluggishness in economies of the US and European countries continues to eclipse India’s Gem & Jewellery sector as the annual export-import figures of 2012-13 recently declared by the Gem & Jewellery Export Promotion Council ...
Tags: G&J Sector, jewelry
The Indian Government is likely to stick to its 30 percent local sourcing clause set for global single-brand retailers seeking to set shops in India through the foreign direct investment (FDI) route, according to an Economic Times report. ...
Tags: IKEA, Textile, Textile Industry
During the first eleven months of fiscal year 2012-13, India exported textiles worth US$ 28.4 billion, much below the target of US$ 39.6 billion set for the entire fiscal. In a written reply to the Lok Sabha, the lower house of Indian ...
Tags: Textile Exports, Textile