The government on Wednesday ruled out banning export of onion saying the spurt in domestic prices was "temporary" caused by unseasonable rains and market closures.
The Congress on Monday deferred the election to the post of party president till the COVID-19 situation improves and decided to set up a group to assess losses in the recent assembly polls, with party chief Sonia Gandhi saying it has to put its house in order by facing reality and drawing lessons from the 'serious setbacks'.
Rejecting the contention that adequate consultations were not held with stakeholders on Foreign Direct Investment in retail, Commerce and Industry Minister Anand Sharma on Thursday dared the Opposition to bring privilege motion against him in Parliament.
Exports are expected to grow by 10-15 per cent in the current fiscal, FIEO director general and chief executive officer Ajay Sahai said.
To involve local craftsmen in designing the outlets.
Multi-brand foreign retailers such as Walmart, Metro, Carrefour and Tesco have already invested in India under cash-and-carry arrangements.
A host of top Congress leaders wished him on his birthday, with former prime minister Manmohan Singh among the first to send his best wishes through a letter in the morning.
Commerce and Industry Minister Anand Sharma and European Union Trade Commissioner Karel De Gucht concluded another round of talks on Monday at the European Commission headquarters in Brussels, which the Commission said 'provided a renewed momentum to bring the negotiations forward'.
India clearly told the EU it would 'not accept' any further concession, as far as the automobile sector was concerned.
Eurofighter Typhoon, India-EU trade pact on agenda for April 11.
Novartis' threat that it would not introduce new medicines in India after the verdict is hollow, says Anand Grover.
Opposition charged the government with making Parliamentary Standing Committees irrelevant.
The meeting, which would have representation from the ministries of finance, external affairs and micro and small and medium enterprises, would suggest steps to prepare the way for the annual supplement to the Foreign Trade Policy (2009-2014), expected to be unveiled in April.
A majority of Congress leaders said the party will face desertions if Rahul Gandhi does not remain the leader.
As the rupee fell below the 68-mark and global agencies painted a gloomy outlook for the economy, the government on Wednesday sought to reassure investors by saying there was no need for panic as the decline in the domestic currency was a reflection of "irrational sentiment."
The former finance minister, who walked out of jail on Wednesday night, joined other Congress MPs voicing their protest against the steep hike in onion prices.
The BJP said it is legal with adequate safeguards and in the interest of national security..
A mild earthquake shook parts of Uttarakhand early on Wednesday. A slight intensity quake measuring 3.2 on the Richter Scale hit areas located along Uttarakhand-Nepal border in Pithoragarh district at around 10:00 AM this morning, MeT office Director Anand Sharma told PTI.
The Enforcement Directorate has been asked to investigate alleged violation of FDI regulations by e-commerce company Flipkart Online Services and cash & carry chain Bharti Walmart.
Sharma was speaking to journalists while returning with Prime Minister Manmohan Singh from Cambodia last night on special aircraft after attending the ASEAN and East Asia Summits.
The Commerce Ministry, according to an official, has proposed interest subsidy for different sectors like engineering which are reeling under the impact of global economic slowdown.
Sharma, who has been regularly reviewing the situation with senior officials, has expressed concern over the drop in industrial performance in the recent months, the statement said.
CCEA approves its Rs 10,500-cr investment in India.
All those in the Union council of ministers with two portfolios are likely to lose at least one and major administrative changes are expected in a Cabinet reshuffle due on October 28 or 29 on the return of President Pranab Mukherjee from Durga Puja celebrations in West Bengal.
When IKEA's CEO & India's industry minister sealed a deal in-principle last year, foreign investors took note.
The initiatives announced by Commerce and Industry Minister Anand Sharma as part of the annual supplement to the Foreign Trade Policy are aimed at pushing exports which declined by 1.76 per cent to $300.6 billion during 2012-13 and pushed up the trade deficit to $190.91 billion.
India's exports during 2012-13 declined 1.76 per cent to $300.6 billion mainly on account of slowdown in the global economy, Commerce and Industry Minister Anand Sharma said.
Worried over continuous decline in exports, the Commerce Ministry has stepped up its pressure on Finance Ministry to expeditiously notify a scheme which was announced in June to boost the overseas shipments.
Earlier govt said it won't allow it to sell items such as textile products and office supplies.
"We urge the government that the issue of security of our leaders has to be beyond partisan political considerations," said Anand Sharma in Rajya Sabha.
DEA official writes to DIPP suggesting that govt needs to understand what has been left out, and why, in the revised application of the retailer.
Senior Congress leader Anand Sharma on Sunday raised concerns over India's drugs regulator granting permission for restricted use of Bharat Biotech's COVID-19 vaccine and asked the government to explain why mandatory protocols and verification of data has been dispensed with.
Without engaging with Pakistan, South Asian economic integration would not be possible
While winding up his speech against foreign direct investment in multi-brand retail, All India Anna Dravida Munnetra Kazhagam member of Rajya Sabha V Maitreyan thanked all those who supported his stand and said the government had committed a blunder.
The minister also exuded confidence that India would be able to sustain 20 per cent export growth in the current fiscal.
Upholding principles was a luxury when there were charismatic leaders capable of winning elections without stooping low to indulge in identity politics, observes Virendra Kapoor.
The country feels that the talks are necessary to revive the global economy.
Ten states and Union Territories had endorsed FDI in the sector by August 13.
Saturday would mark the completion of a year of history being made in India-Pakistan trade relations.
Industry houses are emphatic with the RBI pruning repo rate and CRR by 0.25 per cent each after a long nine months in its third quarter monetary policy review.
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