Andhra Pradesh government starts taking over liquor business

AMARAVATI : Taking another step towards implementing prohibition in a phased manner, the Andhra Pradesh government has started taking over liquor business from private traders by opening 470 liquor shops as a pilot project. The government-run shops were opened on Sunday. Officials said 34 more shops would be opened in a couple of days. The government had last […]

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Decoding slowdown: Investment is falling; neither central government nor private sector shows any appetite for it

Few would disagree with the Economic Survey of 2018-19 when it makes a case for investment as the “key driver” of India’s growth – in line with the Chinese experience, as it says – which would create capacity, increase labour productivity, introduce new technology, allow creative destruction and generate jobs. Except, this seem highly unlikely […]

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Peter Jones: ‘The government needs real business advice’

You’ve said intuition is an entrepreneur’s inbuilt radar system. Has yours ever been wrong? As much as you read about the successes, there are many things that have not gone right for me in business. But I’ve always had this mantra that there’s no such thing as failure, only feedback. It’s what you learn from […]

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Financing Your Startup: Are Government Grants an Option?

This is one of the most commonly asked questions posted by entrepreneurs and owners of young businesses in the SBA Community. And, in most cases, the answer is “no.” However, some small businesses, particularly those engaged in “high-tech” innovation or scientific research and development, can benefit from government grants. Here are some facts about government […]

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Modi government shifts IIIT Amethi campus to Allahabad

A secreen grab of IIIT Allahabad website Amethi, Uttar Pradesh: After a run of 11 years, curtains came down on IIIT Amethi campus when its 148 students were shifted to the Allahabad campus on Tuesday. This is the third major project to be shut down since the Modi government came to power at the Centre […]

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Government Weighs Relaxing FDI Norms In Brownfield Pharma Companies

New Delhi: Government is considering a proposal to relax foreign direct investment (FDI) norms in existing pharmaceutical companies with a view to attracting more overseas inflows. According to a proposal of the Finance Ministry, FDI up to 49 per cent should be allowed through the automatic route and anything beyond through approval of the Foreign […]

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