The retail company has sought approval to invest Rs 10,500 crore to set up single-brand retail stores in the country.
The steep rise in prices of key components, coupled with a ban on the import of finished sets, is expected to hit prominent Chinese brands, such as OnePlus, Xiaomi, TCL, and Realme.
'I would like to convey the message to your readers that the prime minister himself is directly seized of the situation on the ground. He periodically reviews the situation on the ground and how it is moving forward, taking inputs from economists, business leaders, chambers of commerce.'
India needs a National Trade Policy Council, chaired by a minister who reports directly to the PM, says Jayanta Roy, former economic advisor to the Union commerce ministry.
For nearly seven years, Bhatia served in the first and second George W Bush Administrations, first in the department of commerce and then in the department of transportation, before finally enjoying a more than two-year stint as deputy US trade representative, the senior-most administration position ever served by an Indian American, before he resigned end October last year, to return to the private sector.
The issues around trade gaps, especially around steel and aluminium tariffs imposed by the US, will be addressed separately.
Exports to China saw sustained double-digit growth for the fourth straight month in August, led by eightfold rise in iron and steel shipments.
South China regions including Guangdong, Hainan and Guangxi Zhuang Autonomous Region were affected by strong gales and heavy downpours on Sunday morning.
A Pakistani national pleaded guilty on Friday before a United States court to charges of illegally exporting nuclear-related material to restricted entities back home, Justice Department said.
The finance ministry is of the view that all interests -- direct and indirect -- should be taken into account and that there should not be any threshold for calculating total effective foreign shareholding in a company.
Major portfolios like home, finance and education were on Tuesday allocated to People's Democratic Party ministers by Jammu and Kashmir Chief Minister Mufti Mohammed Sayeed who will himself hold the charge of home ministry.
While an official in the Commerce Department indicated a trade war was in the offing, till now the government has been in wait-and-watch mode.
Officials have stated the finance ministry is also contemplating doing away with some of the key export promotion schemes, to check revenue leakage -- such as the advance licence scheme and export promotion capital goods scheme.
US Commerce Secretary, John Bryson said his country needs to build on the momentum in manufacturing sector.
"It will be ensured that such agreements (free trade agreements) do not have a detrimental effect on domestic manufacturing in India," according to the National Manufacturing Policy (NMP), cleared by the Union Cabinet on October 25.
The long awaited-resumption of border trade between India and China through the Nathu La pass in Sikkim has been finally set for June 30.
With Iran reaching an agreement on its nuclear programme, India is expected to be one of the major gainers.
The Department of Industrial Policy and Promotion under the commerce ministry has floated a draft Cabinet note for inter-ministerial discussions on foreign direct investment in aviation.
Ways to reduce barriers to Indo-US high-tech trade will top the agenda of the two-day meeting of the High Technology Cooperation Group to be held in New Delhi next week.
Pompeo would leave for New Delhi on June 24.
Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.
United States President George W Bush has sent the nomination of Santanu K Baruah, an Indian-origin former management consultant whom he picked as an Assistant Secretary of Commerce for Economic Development, to the Senate for approval.
With exports on a downturn due to the economic crisis battering major markets in the US and EU, China has said it will turn to developing countries to sustain its foreign trade-dependent economic growth.
The 4 week online learning programme is available in English and Hindi, and will soon be offered in some regional languages.
Chinese companies have 'designed' the sugar syrup which is used to adulterate honey so that it can pass Indian laboratory tests, reveals Sunita Narain.
Section 144 of CrPC, prohibiting assembly of five or more people at one spot, will be in force during the period, Thackeray had said, but refrained from terming the new curbs as a lockdown.
The Union ministry of food and consumer affairs proposes to insert a new clause in the fresh discussion note for the Cabinet on allowing foreign direct investment (FDI) in multi-brand retail.
India and the US have discussed "practical steps" to reduce the barriers to bilateral high technology trade while enhancing security of such trade.
The Department of Commerce is preparing guidelines for setting up single-window clearance systems in states for special economic zones (SEZs). he move comes after a recent review by the department, in which it was found that the SEZ developers were facing problems in getting approvals in many states.
The trade mission will visit Hyderabad, Mumbai and New Delhi between November 26 and December 3, a media release announced.
In addition to the attack helicopters, the contract also includes fire control radars; Hellfire Longbow missiles; stinger Block I-92H missiles; night vision sensors and inertial navigation systems.
Keen to salvage its engagement with Washington DC that has gone southbound ever since the Trump administration came in, India has called for a final set of meetings with US trade officials, soon, reports Subhayan Chakraborty.
Sharma says efforts on to bring dissenting ministries on board eBiz platform.
The nuclear nonproliferation lobby has urged the United States administration to ensure that America's dual-use technology is not diverted by New Delhi to its nuclear weapons programme.
'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'
The United States has set in motion regulatory changes to lift the ban on India's frontline technology establishments Indian Space Research Organisation and Defence Research and Development Organisation and their removal from the entities list could come soon, top American officials have indicated. A formal notification of the US Department of Commerce for this is in the advanced stage, they said.
The meeting is expected to chart a road map for cleaning up their balance sheets and boost credit flows, reports Somesh Jha.
