India's coffee exports reached an all-time high of 3.95 lakh tonnes in 2017-18 as compared to 3.53 lakh tonnes in the previous fiscal, Parliament was informed.
Noting that impact of sustained structural reforms is now being felt on the ground, CII president Rakesh Bharti Mittal today said GDP growth at 7.5 per cent plus was a very healthy and positive sign for Indian economy.
Pointing out discrepancies in FDI data, a study by two renowned experts has suggested that the RBI should regenerate foreign fund inflows and outflows data with detailed information at least for the past five years with a view to providing a more realistic picture of overseas investments.
FDI inflows in the services sector declined by about 23 per cent to USD 6.7 billion in 2017-18, according to the Department of Industrial Policy and Promotion (DIPP).
CCBIFU said a would be called during the winter session of the Parliament if the government does not revise its policies on banking and insurance sectors.
The rupee is expected to be around 68-72 against the USD in the next 2-4 months, and the depreciation bias in the domestic currency is likely continue, says a UBS report.
Any issue of women's safety is "unfortunate" and joint efforts are needed to address this "social problem", Union minister Ravi Shankar Prasad has said.
Rita Teaotia chaired the first meeting of the task force set up to recommend the framework for a national policy on e-commerce and deliberated upon issues such as cross-border data flows, taxation, trade facilitation and logistics, consumer confidence, IPR and future tech, FDI and competition.
A federal judge said PwC must pay $625.3 mn in damages to the Federal Deposit for failing to uncover fraud that led to one of the largest bank failures.
Walmart defended its move to acquire Flipkart, saying it is in line with the govt's FDI policy, amid protests by traders against the deal.