Trends to note of FDI inflow into India
The government decision to raise the cap on foreign ownership in multi-brand retail and aviation businesses comes in the backdrop of an alarming drop in foreign direct investment (FDI) early this financial year.Retrospective tax: Shome committee works to allay investor fears
The retrospective tax amendments in last year's Budget violated basic principles of Indian law, says the Shome Committee.Govt mulls price control of more essential drugs
The UPA govt has told the SC that it will frame a new policy for pricing essential drugs by end-November. Currently, only 74 drugs are under price control. The government now wants to bring all the 348 drugs under the National List of Essential Medicines under price control.All you need to know about clinical trials
It is the testing of a new pharmaceutical drug after it has passed its laboratory tests. It is carried out in phases on progressively larger groups of human beings.Inflation at 7.8%, a 10-month high: Who said what
It is very difficult for RBI to cut interest rates ... because (inflation) numbers don't justify reduction, says Deepak Parekh, Chairman, HDFC, in Business Standard.Review: HP Envy 4 Ultrabook, Philips Fidelio sound dock
Reviews of Android sound dock Philips Fidelio and a cheap HP Envy 4 ultrabook.
Why are global PE firms bullish on corporate lending in India
Private-equity firms, which normally pick up equity stakes in companies they invest in, are bullish on corporate lending when it comes to India. They are stepping up their corporate lending activities in India through their own NBFCs, which could put the banking system at risk.Disinvestment receipts key to keep fiscal deficit under control
With tax collections likely to fall short of targets, disinvestment receipts will be key to keeping the govt's fiscal deficit under control. Also, achieving the target of raising Rs 30,000 crore in 2012/13 through stake sales will establish the govt's willingness to push through reforms.Debt a bigger challenge for DLF than dubious deals with Robert Vadra
Allegations of dubious deals with companies promoted by Robert Vadra are not DLF's worst headache - the real estate giant is deep in debt. As of June 30, 2012, gross debt stood at Rs 24,259 crore - nearly 2.4 times the total income and 20 times the net profit of the last financial year.2012 Indian Grand Prix still awaits fan frenzy, ticket sales tepid
Jaypee Sports has spent $400 million on the Buddh circuit, including a licence fee of $30-35 million. Around 90,000 people showed up to watch the race last year, but that may be difficult this season, with less than a third of the 100,000 tickets sold.
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