ข่าวเศรษฐกิจประจำวันที่ 8 ธันวาคม 2554
NEW DELHI, December 8 – BUSINESS STANDARD – The UPA government on Wednesday formally put on hold the 13-day-old cabinet decision to allow up to 51 per cent FDI in multi-brand retail. But, the government opted to go ahead with the other part of the cabinet decision of November 24: raising the foreign investment level for single-brand retail to 100 per cent, from 51 per cent now. Retail in India, mostly an unorganised business, is an estimated $590 billion market. Indications are the government is likely to take a positive decision on multi-brand retail FDI around April-May 2012, after the Uttar Pradesh assembly elections. – BUSINESS STANDARD – In Orissa, the government has decided to increase the Value Added Tax (VAT) on the tobacco products (from the existing 13.5 % to 25 %) and high-end mobiles too (from 4 % to 13.5 %) - a move that is set to enrich the state exchequer. The items on which the state finance department has decided to ease VAT rates include excavators, bulldozers, back loaders, glass sheets, plywood, laminated sheet, particle board and structural steel. – BUSINESS STANDARD – The Uttarakhand government has asked the industry to focus on the development of the hilly region with the Confederation of Indian Industry (CII) suggesting development of special tourism zones. Interacting with a delegation of the CII on 7 December night, Uttarakhand chief minister B C Khanduri said that it was important to create livelihood opportunities in the hills to prevent the scourge of migration. He suggested that CII should act as a catalyst in facilitating industrial investment in the hills. Dr S Farooq, chairman, CII Uttarakhand State Council, said that the proposal to develop 11 industrial hubs would lead to planned industrial development in the hills and also address the issue of land availability. – ECONOMIC TIMES – Sector players have seen growth especially in mobile Internet and banking services, as people use cellphone technology for lack of landlines or cable Internet. Mobile subscribers in Africa have increased by 20 percent annually over the past five years and will reach over 735 million by the end of 2012, a study by global mobile operators association GSMA found in November. – ECONOMIC TIMES – Nepal has promised India that it would end discrimination against car imports from the country and allow imports on the basis of self-certification by Indian government authorised manufacturers. India, too, has removed special additional duty of 4% on all imports from Nepal that enjoy zero basic Customs duty under the Indo-Nepal treaty of trade following requests from the Nepalese government that its exports were losing competitiveness in the Indian market.
Submitted By:-
Priyesh Narain
Researcher
สำหรับรายละเอียดของข่าวข้างต้น โปรดติดต่ิอนาย Priyesh Narain ที่ This email address is being protected from spambots. You need JavaScript enabled to view it.
