India continues to rank low at 130th position in terms of ease of doing business, with the country seeing little or no improvement in dealing with construction permits, getting credit and other parameters. The list of countries in the Doing Business 2017 is topped by New Zealand while Singapore i…
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Pinarayi Vijayan unveiles the Vyapar 2017 b2b meet for Kerala’s SMEs
Thiruvananthapuram: Chief Minister Pinarayi Vijayan has unveiled the Vyapar 2017, a business-to-business interaction to be held in February 2017 where products and technologies from the state’s key manufacturing sector are set to be showcased to potential buyers. In a function held at the Chief M…
Make in India, Skill India, Digital India positive signals of new transformation
New Delhi: Minister of Information and Broadcasting, M. Venkaiah Naidu has said that digital and mobile tools have been leading to paradigm shifts in the M&E sector. The growth of varied platforms such as 4G, broadband, mobile technologies, digital media has enabled the M&E sector to move…
Invest in health to draw global investors: Narayana Murthy
Ahmedabad: “If India wants the world to invest here, it has to first invest much more in public health,” said N R Narayana Murthy, the Co-Founder of Infosys, at the inauguration of India’s first university dedicated to public health, in Gandhinagar. Murthy, a Padma Vibushan awardee, is also…
B2B start-ups emerge in Nasscom’s top 50 this year
Half of the companies in the latest batch of startups shortlisted under Nasscom Emerge 50 are engaged in B2B businesses with many serving global clients, in further validation of emergence of enterprise clients-focused startups in the country. Nasscom Emerge 50 is an annual exercise of the softwa…
FinMin looks at cut in corporation tax
The Finance Ministry is examining the possibility of cutting the corporation tax rate by one to two percentage points, even as the revenue department is set to kickstart Budget consultations with industry and consultants from the first week of November. The ministry’s thinking is part of bringing…
DIPP notifies 100% FDI in more financial services
The commerce and Industry Ministry notified 100 percent foreign direct investment in ‘other financial services’ carried out by NBFCs. The move will help attract foreign capital into the country. “The government has liberalised its FDI policy in Other Financial Services and non-b…
NSIC opens online facilitation centre for MSMEs
Jaipur: In its efforts to improve procedural easiness and help MSMEs avail bank loans in a quicker time frame, National Small Industries Corporation (NSIC) opened its first Online Finance Facilitation Centre in Rajasthan at Jaipur, its 6th in the country. The NSIC centre will validate loan propos…
Prime Minister’s Office to address complaints by e-Commerce companies
NewDelhi: The Prime Minister’s Office is looking to address complaints by e-commerce companies that the current rules are too restrictive pending the drafting of a longer-term plan for the key jobgenerating sector by a NITI Aayog committee. A meeting of top officials was held at the PMO on Octobe…
Exquisite Baluchari back from the brink
Kolkata: Bengal’s extinct Baluchari, woven textile, is set to make a comeback with the efforts and promotion by Tantuja, state government’s weavers’ cooperative society and Weavers Studio Resource Centre (WSRC), an NGO working for revival of Bengal’s lost textile tradition…