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.
Singapore continued to be the largest source of FDI in India followed by Mauritius, the US, the Netherlands and Japan.
Some leaders also threatened that they will boycott the scheduled sixth round of talks with the government on Wednesday at Vigyan Bhawan, while others said their next course of action will depend on what amendments the government assures in writing, which they claimed was promised by Shah in Tuesday's meeting.
After rallying 543 points in the morning session and touching the 40,000-mark, the BSE Sensex surrendered all gains to close at 38,628.29, showing a loss of 839.02 points or 2.13 per cent. Similarly, the NSE Nifty tanked 260.10 points or 2.23 per cent to end at 11,387.50.
The venture, they said, would focus on technology and media opportunities in emerging markets. Industry sources said the focus would be on digital media, with India being the big driver.
Shinzo Abe is planning to come to Guwahati for annual summit talks with his Modi from December 15-17.
The key sectors that received the maximum foreign investment during the nine months of the fiscal include services, computer software and hardware, telecommunications, chemicals, and the automobile industry.
The meeting assumes significance as Swedish furniture retailer IKEA, which plans to invest Rs 10,500 crore (Rs 105 billion) to set up its own stores in India, had sought relaxation in certain conditions related to the mandatory 30 per cent sourcing from micro and small enterprises.
Key sectors that received maximum FDI include services, computer software and hardware, telecommunications, trading, chemicals, and automobile.
After recording positive growth in September, India's exports declined 5.4 per cent to $24.82 billion in October on account of dip in shipments of petroleum products, gems and jewellery, leather, and engineering goods. Trade deficit in October narrowed to $8.78 billion as against $11.76 billion, as imports also fell 11.56 per cent to $33.6 billion during the month under review.
Tomar also indicated that the government will not repeal the laws.
Three union ministers -- Agriculture Minister Narendra Singh Tomar, Food Minister Piyush Goyal and Minister of State for Commerce and Industries Som Prakash -- will hold discussions again with 40 farmer unions' leaders, including the Bharatiya Kisan Union which is spearheading the protests.
Falling private sector investment and farm distress are problems that call for immediate attention, says T N C Rajagopalan.
While heaping praises on Cook for his contribution in the American commerce and industry sectors, Trump referred to the 58-year-old executive as "Tim Apple."
Annual event being organised by FICCI focuses on the investment potential offered by India's infrastructure sector.
In what may help beleaguered airlines Kingfisher, the finance ministry has approved a draft Cabinet note floated by the commerce and industry ministry allowing foreign fliers to acquire up to 26 per cent stake in India's aviation companies.
Sharma said India was poised to grow at 8.5-9 per cent with its investor and FDI-friendly regime.
The decision came a day after the resignation of Telugu Desam Party's Ashok Gajapathi Raju was accepted by President Ram Nath Kovind
"Some people think I said something negative against Amazon. If you look at the context of my statement, I said investment should come within the law and regulations. This process is followed across the world," the minister told reporters in Ahmedabad when asked to comment on his statement.
Cabinet nod not required after commerce ministry approval.
Registering a jump of 10 places in the rankings, Uttar Pradesh occupied the second position in 2019 as against 12th in 2018.
The central bank had advised all system providers to ensure that within a period of six months, the entire data relating to payment systems operated by them is stored in a system only in India.
India has announced suspension of all tourist visas till April 15 in a bid to contain the spread of the virus.
Commerce and Industry Minister Anand Sharma will be meeting Finance Minister Pranab Mukherjee to make a case for the extension of one of the most popular incentives to exporters, the Duty Entitlement Passbook Scheme (DEPB), which is slated for expiry on June 30. DEPB is a duty reimbursement scheme, launched 14 years earlier.
"We will not let Mamata Banerjee's 26-day fast for Singur go waste. I have asked for the lease agreement and all correspondence with Tata Motors by Tuesday," Partha Chatterjee, who took charge as West Bengal commerce and industry minister, said.
'You have to explain to them about Indian investments in the US creating jobs this reverse outsourcing'
The Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry denied having imposed any blanket ban on the import of food products from Japan even as it has imposed some strict measures.
You have to make yourself visible and create opportunities for yourself, advises Gaurav Goyal, co-founder, Scalenut.
The Ministry of Commerce and Industry on Thursday issued a discussion paper to achieve merchandise exports worth $450 billion in the next three years through greater market diversification, research and development and a thrust towards brand promotion.
India and Saudi Arabia on Friday, agreed to increase investments in each other's country through joint ventures to enhance economic cooperation. Commerce and Industry Minister Anand Sharma and Saudi Arabian Minister of Commerce and Industry Abdullah bin Ahmed Zainal Alireza, agreed to regular exchange of business delegations to sensitise the businesspersons in both the countries.
Coal, natural gas, refinery products and cement grew by 16 per cent, 7 .4 per cent, 2.7 per cent, and 16 .6 per cent in April this year, respectively.
According to a senior commerce ministry official, the Budget sought to withdraw some significant stimulus measures "in a clandestine manner", which would affect exports and lead to impediments in efforts to achieve $450 billion worth of exports by 2013-14, from around $250 billion at present.
Indian industrialists would take up the outsourcing issue during the Indo-US Private Sector Advisory Group meeting in Washington on Tuesday, Federation of Indian Chamber of Commerce and Industry president Rajan Bharati Mittal said.
In an effort to improve Indo-UK bilateral trade, the British Chamber of Commerce and Industry will bring out an India Fact File on September 1, Indian High Commissioner to the UK, Kamalesh Sharma said in London.
The Centre plans to create a special window for strategically important investors such as sovereign wealth funds and pension funds that wish to invest over Rs 3,000 crore through a single transaction.
Production of coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity contracted. The record contraction in the growth rate of eight core sectors will affect the Index of Industrial Production.
Relax fiscal consolidation, boost public capex and reduce cost of finance, industry tells Centre
Currently, 100 per cent FDI in is permitted if the companies manufacture cigars or cigarettes or allied products.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances