Others - Corporate Law Reporter

Draft Policy on Units in SEZs carrying on recycling of plastic scrap or waste

No.C.6/10/2009-SEZ Government of India Ministry of Commerce & Industry Department of Commerce (SEZ Division) New Delhi Dated: February 4, 2013 Subject: Draft Policy on Units in Special Economic Zones (SEZs) carrying on recycling of plastic scrap or waste regarding. I am directed to circulate a Draft policy on Units in Special Economic Zones (SEZs) carrying… Read More

India Explores Mauritius Freeport Policy to Tap African and European Markets

In a bilateral meeting with Mr. Sayyad Abd-Al-Cader Sayed Hossen, Minister of Industry, Commerce and Consumer Protection, Mauritius, the Union Minister for Commerce, Industry & Textiles Shri Anand Sharma today said that India and Mauritius have initiated steps towards setting up Mauritius-India Joint Business Council and a Joint Working Group (JWG) on trade and investment.… Read More

Mineral Production Review for December 2012

Mineral Production During December 2012 (Provisional) The index of mineral production of mining and quarrying sector in December 2012 was higher by 7.9% compared to that of the preceding month. The mineral sector has shown a negative growth of 4.0% during December 2012 as compared to that of the corresponding month of previous year. The… Read More

Indo-French MoU for Cooperation in the Railway Sector

India and France Sign M.O.U. to Strengthen Cooperation in Railway Sector A Memorandum of Understanding (MoU) was signed on here on 14.2.2013 between the Ministry of Railways, Government of India and the SociÃ©tÃ© Nationale des Chemins de Fer FranÃ§ais (SNCF), the French National Railways, for Technical cooperation in the field of Railways. The MoU was… Read More

An Economic and Functional Classification of the central government budget (2012-2013)

Since 1957-58, the Economic Division of the Ministry of Finance has been preparing an economic classification of the Central Government budgetary transactions to make the budget a more useful tool of economic analysis. In brief, this classification involves arranging the expenditures and receipts of the Central Government including those of railways and posts by significant economic categories distinguishing current from capital outlays, spending for… Read More

MoC Speak :: India and France expected to Conclude India – EU Bilateral Trade and Investment Agreement by Summer 2013

In a meeting with Ms Nicole Bricq, French Minister for External Trade, the Union Minister for Commerce, Industry & Textiles Shri Anand Sharma today said that a Broad-based Indian-EU Trade and Investment Agreement has seen fifteen rounds of negotiations. The Chief negotiators are meeting in March and hoped that this would be the last round… Read More

Rupee depreciation raises crude oil price of Indian Basket

The international crude oil price for Indian Basket as computed/published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas remained same at US$ 114.68/barrel (bbl) on 11.02.2013 as it. Prevailed on the previous trading day of 08.02.2013. In rupee terms, however, the crude oil price of increased… Read More

RBI Deputy Governor talks about Challenges in Large Value and Retail Payment Systems

Principles of Financial Market Infrastructure & Innovations in Retail Payment Systems: Some Perspectives (Inaugural address delivered by Shri Harun R Khan, Deputy Governor at the Infrastructure Seminar on Principles for Financial Market Infrastructures and Innovations in Retail Payment Systems organized by Reserve Bank of India on February 14, 2013 at New Delhi) It is a… Read More

Wholesale Price Index :: Review for January 2013 Data

Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of January, 2013 The official Wholesale Price Index for ˜All Commodities™ (Base: 2004-05 = 100) for the month January, 2013 rose by 0.4 percent to 169.2 (Provisional) from 168.6 (Provisional) for the previous month. INFLATION The annual rate of inflation, based on… Read More

MoCIT Speak :: Ministry to Set up Special Japan Desk in DeitY

Shri Kapil Sibal, Union Minister for Communications and IT, addressed the press at the Japan Press Club, as regards his ongoing visit to Japan, today. Below are the highlights of the statement made by him. OUTLINE ABOUT THE VISIT · Joint Working Group between METI(Ministry of Economy Trade and Industry) Japan and DEITY(Department of Electronics… Read More

MoCIT Speak :: Japan and India must become long term partners

India is keen that Japan does not look at India as a short term trading partner, but as a long term partner- India as a manufacturing centre to access the global market. Top companies can even come to India and set up testing centres for standards for 4G and 5G for the world. This was… Read More

MoCIT Speak :: Indo-Japan must collaborate more in the Information Technology space

Shri Kapil Sibal: India and Japan can Partner using their Strengths in Software and Hardware India and Japan can partner using their strengths of Indian expertise in software and Japanese expertise in hardware, and explore the upcoming markets. For this end, dedicated teams between the two countries would be required. This was stated by Shri… Read More

Memorandum of Agreement for Reviving Crafts Heritage

National Culture Fund, Rural Electrification Corporation (REC) and Sewa Federation Sign Memorandum of Agreement for Reviving Crafts Heritage and providing sustainable livelihood to the Artisans A Memorandum of Agreement (MoA) forging partnership between NCF/REC/SEWA Federation was signed here today for the project Reviving Crafts Heritage and Providing Sustainable Livelihood to the Artisans. The MoA was… Read More