Archive for the ‘Finance Investment India’ Category

Shri Balyan Holds Bilateral Meeting with Indonesian Agriculture Minster

Comments Off | 08-9-2014

The Minister of State for Agriculture and Food Processing Industries, Dr. Sanjeev Kumar Balyan held a bilateral meeting with the Minister of Agriculture of Indonesia, Dr. Ir. H. Suswono, here today. The focus of the bilateral meeting was on cooperation in agriculture and allied sectors.
The discussion was aimed at strengthening the strategic cooperation in

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Foreign Direct Investment in Textiles Sector

Comments Off | 08-8-2014

The details of Foreign Direct Investment (FDI) in textile sector from April 2010 to June, 2013 are given in Annexure. The State/UT-wise details are not compiled.
No evaluation/study has been conducted on the effect of FDI on the growth of textile sector. However, the impact of FDI on the overall development of the sector is felt

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Financial Assistance for Girls Education

Comments Off | 08-8-2014

The Centrally sponsored scheme, “National Scheme of Incentive to Girls for Secondary Education” provides Rs.3,000/- which is deposited in the name of eligible unmarried girls below 16 years as fixed deposit, who are entitled to withdraw it along with interest thereon on reaching 18 years of age and after passing class 10. The scheme covers

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Government Approves 19 Proposals of Foreign Direct Investment (FDI) Amounting to about Rs. 2326.72 Crore

Comments Off | 07-24-2014

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 11th June, 2014, the Government has approved Nineteen (19) proposals of Foreign Direct Investment (FDI) amounting to Rs. 2326.72crore approximately.
Details of Proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 11.6.2014.
1.

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Finance Minister Shri Arun Jaitley Stresses on Capital Increase and the Need for Voice Reforms in the World Bank ; World Bank President Assures Support of the World Bank Group to Partner India’s Development Strategies and Aspirations Through Delivery of a Diversified Programme of Financing, Knowledge Exchange and Capacity Building

Comments Off | 07-22-2014

The Union Finance Minister Shri Arun Jaitley emphasised on the two way relationship between India and the World Bank. He said that India actively seeks global good practices from the Bank, and also generates good development practices that are being shared by the Bank globally. The Finance Minister Shri Jaitley was making his Opening Remarks

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Text of the Speech of the Union Finance Minister at the Pre-Budget Meeting with the Finance Minsters of all States and Union Territories

Comments Off | 06-10-2014

Following is the text of the Statement of the Union Finance Minister Shri Arun Jaitley at the pre-Budget meeting with the Finance Ministers of all States and Union Territories(with Legisilature).
“My dear Chief Ministers, Deputy Chief Minister, Finance Ministers from States and UTs, Esteemed Colleague Minister of State for Finance Ms Nirmala Sitharaman, senior officials

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Tenth Meeting of the Financial Stability And Development Council (FSDC) Held Under the Chairmanship of the Union Finance Minister ; Took Stock of the Indian Economy and Deliberated on Domestic and Global Growth Scenario, Fiscal, Monetary and External Sector, Foreign Capital Flows, Inflation, Developments in Financial Markets and the Outlook and Challenges Facing the Indian Economy

Comments Off | 05-17-2014

The Tenth Meeting of the Financial Stability and Development Council (FSDC) was held here today under the Chairmanship of the Union Minister of Finance, Shri P. Chidambaram. The meeting was attended among others by Dr. Raghuram G. Rajan, Governor, RBI; Dr. Arvind Mayaram, Finance Secretary; Shri G.S. Sandhu, Secretary, Department of Financial Services; Shri U.K.Sinha,

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Cargo Handled in April-2014 by Major Ports

Comments Off | 05-11-2014

Compared to April last year, about nine per cent growth is registered in cargo handling by the major of ports of the country in the first month of the current financial year. In April last year, there was a negative growth of six per cent.
Tuticorin Port (V.O. Chidambaranar) recorded highest growth in traffic by

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Global crude oil price of Indian Basket increased marginally to US$ 105.50 per bbl on 08.05.2014

Comments Off | 05-11-2014

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 105.50 per barrel (bbl) on 08.05.2014. This was higher than the price of US$ 105.11 per bbl on previous publishing day of 07.05.2014.
In rupee terms,

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Global crude oil price of Indian Basket decrease marginally to US$ 105.36 per bbl on 06.05.2014

Comments Off | 05-9-2014

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to US$ 105.36 per barrel (bbl) on 06.05.2014. This was lower than the price of US$ 106.02 per bbl on previous publishing day of 05.05.2014
In rupee terms,

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