Media firms seek higher FDI, lower taxes to aid growthMedia firms seek higher FDI, lower taxes to aid growth
Media firms are expecting the government, in its budget for 2011-12 on Feb 28, to provide them with some tax relief and is hopeful of getting a growth boost by way of an increase in foreign direct investment limit.
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Question mark on ability to combat future crisis; WEF ends on cautious noteQuestion mark on ability to combat future crisis; WEF ends on cautious note
The 41st annual World Economic Forum meeting ended here on a cautious optimism with global leaders raising doubts about the world`s ability to combat effectively a possible financial crisis, even as they asked corporates not to sacrifice long-term growth for short-term profits.
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India not to rush into allowing FDI in retail: OfficialIndia not to rush into allowing FDI in retail: Official
In a clear message to global retail giants like Walmart, Tesco and Carrfoure, the Indian government Sunday said it will not rush into allowing FDI into politically sensitive multi-brand retail sector.
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Trade ministers order Doha pushTrade ministers order Doha push
Two dozen trade ministers agreed on Saturday to make a final push for a new trade deal, ordering their officials to do what it takes to make the necessary compromises.
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Export curbs move into trade policy spotlightExport curbs move into trade policy spotlight
During the 2008 crisis Japan proposed introducing some tentative rules along those lines. But developing country food exporters shot down the idea.
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Lobster in the mountains, riots on the NileLobster in the mountains, riots on the Nile
The global elite, dining on Norwegian lobster and reindeer at the end of the World Economic Forum on Saturday, felt pretty chipper despite growing concerns about the inequality of the economic recovery.
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Business people need to re-educate themselves, advises NooyiBusiness people need to re-educate themselves, advises Nooyi
Corporate leaders need to go back to school to re-educate themselves that business is not only about making short-term profits but also sustaining long-term growth, advised India-born PepsiCo Chairman and CEO Indra Nooyi.
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Wipro, McGraw-Hill to develop progs for underserved studentsWipro, McGraw-Hill to develop progs for underserved students
India`s leading IT company Wipro Saturday announced that it will develop educational programmes in collaboration with the US-based McGraw-Hill for emerging markets including India that can be delivered through mobile devices like cell phones and laptops.
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Need to move agri workers to industry, services: ChidambaramNeed to move agri workers to industry, services: Chidambaram
India`s Home Minister P Chidambaram Saturday made a strong case for moving farm workforce to industry and services to make growth inclusive, saying that the agriculture sector which employs a large number of people cannot grow beyond 4 per cent in the long-term.
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Bankers play contrite, offer olive branch at ForumBankers play contrite, offer olive branch at Forum
Top bankers adopted a softer tone after high-level meetings at the World Economic Forum on Saturday, thanking governments for shoring up the financial system in the hope of avoiding tighter regulation.
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