With organised retailers slowly increasing their marketshare of the Rs. 60,000-crore lucrative drug retail market, pharmacies in the country have decided to go for a common brand name, logo and colour code to counter the challenge. Sachin Kumar reports.
After ensuring the spread of telephony to every nook and corner of the country, the government on Monday set its eyes on a similar feat for broadband services, setting a target of 600 million high-speed internet connections by 2020.
The Indian luxury market, which is estimated to have touched around $5.8 billion (nearly Rs. 28,500 crore), is spreading beyond the metros as adoption of global trends is fast catching up in smaller cities, where many firms are expanding their base.
The good thing is you have started saving early. We have been repeatedly saying the key to wealth creation is to start saving early in life. It is not only the amount (what you save) that is critical, it is the habit of saving that makes all the difference. Surya Bhatia writes.
India Inc has witnessed a significant decline in attrition level during July-September 2011 on the account of uncertain job market, says a study.
Ins and outsThe government has invited comments from the public on reviewing the organisational structure of the office of the controller general of patents, designs, trademarks and geographical indications to make it more responsive to the needs of Intellectual Property holders and users while enhancing the effectiveness and efficiency of its operations.
Wider consultationsThe head of the International Monetary Fund's mission for Greece said on Friday a review of the country's progress under a bailout deal would hopefully be concluded positively soon, but talks were not yet finished.
The US on Thursday dragged China and India to the World Trade Organisation (WTO) over subsidy programmes implemented by the world's two fastest-growing economies, with a top Obama administration official terming the situation as intolerable.
Hassles over handoutsBackpacking, hurried breaks and niche getaways: online search and booking are revolutionising trips and tours. Himani Chandna Gurtoo reports. Wanderlust, with a mouse for help At a time when China is opposing India's oil and gas exploration plans with Vietnam in the South China sea, Bangladesh is making friendly overtures to strengthen its energy ties with India.
India and Pakistan are set to allow banks to open branches in each other's countries, simplify visa rules for business persons and ease land routes as the two South Asian neighbours lay out the ground rules for greater trade and economic engagement.
Indian Railways has slapped a fine of Rs. 660 crore on the West Bengal-based Rashmi Metaliks on charges that it fraudulently transported 18 lakh tonnes of iron ore under concessional freight rates of railways meant only for domestic consumption of the ore. Vivek Sinha reports.
In a sign of improving bilateral ties, Pakistan commerce and trade minister Makhdoom Amin Faheem will begin a five-day visit to India from Mumbai on Monday.
The ministry of steel on Thursday said it has written to the finance ministry seeking an increase in an export duty on iron ore from 20% to 30% to conserve mineral resources for the steel sector.
India's largest iron ore miner National Mineral Development Corporation (NMDC) said on Thursday that Australia's Legacy Iron Ore has accepted its bid for a 50% stake in what would be the first-overseas iron ore mine acquisition by an Indian public sector firm.