In a major step towards unified tax system to stimulate the economic activity in India and contribute to the ease of doing business, Indian Parliament recently cleared a landmark tax reform bill, the Goods and Services Tax Bill or GST Bill that will pave the way for a new national sales tax and the creation of a common market across the country for the first time. Under the pro ...

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In its latest move to make the export process faster and easier, Indian government has introduced a welcoming change in its export policy. From January 1st 2017, a so-called self-certification system by exporters will come into force. The registered exporter system (REX) will replace the certificate of origin which is issued by accreditation agencies. Using this system, exporte ...

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India’s cities are swelling and getting bigger than ever before at an unstoppable pace. The country’s urban growth in the last two decades has been rising. Nearly 50% of India’s population will live in its cities by 2050. Urban India is predicted to have 70 per cent of all jobs and be home to 590 million people by 2030. Given this relentless growth and migration towards urba ...

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India enjoys 300 days of sunshine in a year and seems to be pacing faster than ever towards its commitment of improving solar energy generation.A boost to India’s plans to make the best of its sunshine has been its recent agreement with the World Bank Group. The country will receive $1 billion to take forward its plans in solar power generation. Last year, India and France laun ...

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  Despite Iran and India sharing a strong historical and cultural tie over centuries, their relationship was altered when India supported American pressure and sanctions imposed upon Iran because of Tehran’s nuclear program. India dramatically reduced its oil imports from Iran when it was at the time among its top energy partners.  But now that the sanctions upon Iran have be ...

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The Indian aviation sector holds great potential in the development of the economy as well as connecting India from within and to rest of the world. The future projections for the industry are positive with the International Air Transport Association (IATA) predicting that India will be the third largest aviation market in the world in a decade. By the year 2020, air traffic wi ...

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India is projected to be the third largest aviation market by 2020 and is expected to cater to 60 million international passengers by 2017. This incredible growth is likely to see an investment of at least USD 12.1 billion for the period of 2012-17.Twenty years ago, it was unimaginable for most Indians to fly. Arduous overnight bus rides or train journeys that lasted for hours ...

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In 1902, Asia’s first hydro-electric power station was setup in Karnataka and, three years later, the State saw India’s first electric streetlights in Bangalore’s City Market. Known today as the Silicon Valley of India, Karnataka boasts of a highly skilled and qualified workforce, forming the ideal terrain for Research & Development centers of global companies.This longstan ...

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A soldier guards a checkpoint outside Srinagar International Airport in Jammu and Kashmir (2009).  The intrinsic need to protect its people and a vast labour resource has catapulted India’s homeland security sector into unprecedented growth. Dealing with terrorism and police modernisation were among the fastest growing segments in India with the annual spend of 2-3 billion do ...

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Since 1950, India has been following a special tradition for its Republic Day celebrations. A head of state of another country is invited to preside over the celebrations on 26 January every year. In 2015, President Barack Obama was the guest of honour at the celebrations in New Delhi. This year, India has invited French President Francois Hollande as the chief guest at India’s ...

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