Mayaram also said as of now, a shutdown of the US government is not likely to have a major impact on the Indian economy.
The government on Thursday formally allowed Swedish furniture major IKEA to invest Rs 10,500 crore for setting up single brand retail stores to sell mostly home furnishing items.
How the first FDI in aviation was achieved.
Moves follow government's reforms to contain fiscal deficit and promote growth.
DEA Secretary Arvind Mayaram is also expected to attend the event.
The proposed bullet train will run between Mumbai and Ahmedabad.
Gold and silver imports during April, 2013 jumped by 138 per cent to $7.5 billion against $3.1 billion in the year-ago period.
As persources, Economic Affairs Secretary Shaktikanta Das will represent India at the 2-day event to be hosted in Islamabad from August 25-26.
Pakistan's incoming Pakistan Muslim League-N government will play its part to lower tensions with India and to normalise relations between the two countries, says a top aide of prime minister-designate Nawaz Sharif.
Mayaram said the concerns over the pace of implementing economic reforms were "overstated".
Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.
"Under different scenarios, we see the impact of higher crude prices ranging from $25 billion to a maximum of $50 billion on the oil import bill. The increase in the oil import bill will also affect the current account deficit," economic affairs secretary S C Garg said in a conference on Friday.
Over the past six months Rajasthan has introduced some of India's most radical free-market labour, land and welfare reform.
East European countries have better rating than India though their economies are not as stable as the latter.
After nearly five months wait, the government on Friday cleared UK's BP Plc buying 30 per cent stake in most of Reliance Industries' oil and gas blocks, including the showpiece KG-D6 gas fields, for $7.2 billion.
Seeking to prevent misuse of funds belonging to foreign investors, the Reserve Bank has proposed that transfer of such funds to the Indian entity should be allowed only through escrow mechanism under which the money would remain with the bank pending investment.
Chidambaram and his son Karti were named in the chargesheet filed by the Central Bureau of Investigation in the case on July 19.
The Home Ministry has conveyed to the Department of Economic Affairs (DEA) that it has not given security clearance to the Abu Dhabi-based Etihad Airways' proposal to buy a 24 per cent stake in Jet Airways.
India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.
As part of it, the govt may permit 26% FDI in insurance broking through the automatic route.
Gold imports in 2011-12 amounted to $56.5 billion and in the current financial year, till December, they are estimated at $38 billion.
The decision to partially decontrol the sugar sector, the only industry left under the government control, was taken by the Cabinet Committee on Economic Affairs Thursday.
Levy-sugar mechanism dismantled; govt to compensate states for supplying cheap sweetener via ration shops.
With rupee plunging to life-time low of 57.54 verus dollar, the Finance Ministry on Monday said there is an unwarranted panic in the market and hoped it will settle down in a some time.
The move comes after CBI gets sanction to prosecute him in Aircel-Maxis case
This time, Finance Minister P Chidambaram, who attended the first such retreat in 2008, would be present.
The Foreign Investment Promotion Board headed by Economic Affairs Secretary Arvind Mayaram, also cleared the proposal of Decathlon Sports India's proposal for induction of foreign equity worth Rs 700 crore (Rs 7 billion) to engage in single brand retail.
If we have to go by what Barcelona's new coach Gerardo Martino says, then that is the way things are going to be for Cesc Fabregas.
DEA objects to the company's 29 Indian stores having sub-brands as a rule violation; DIPP doesn't agree.
The panel is expected to suggest various relief measures to put economy back on track as soon as possible, the sources said.
In less than five months of resuming charge of the finance ministry, Palaniappan Chidambaram has put in place virtually a new team to take charge of the government's fiscal policy management in the remaining months of its tenure. Will the celebrated economists and IAS officers share the required equation remains to be seen.
CCEA approves its Rs 10,500-cr investment in India.
Sources said much has been done to ease the tax burden of the middle classes in the last five years, and that such a measure affects only a limited segment of people when the focus should be to put money in rural areas. Archis Mohan reports.
A high-level meeting will be convened soon to decide on probing the India operations of Chinese Telecom companies -- 'Huawei' and 'ZTE' -- against the backdrop of the US calling the two firms a threat to American national security.
The Cabinet Committee on Economic Affairs on Thursday steeply increased the price of gas, hitting the aam-aadmi, also gave a meagre hike to the minimum support price of food-grains, adversely affecting farmers, reports Sheela Bhatt.
In a sign of deepening bilateral ties, Bhutan Prime Minister Jigmi Y Thinley will arrive in New Delhi on a three-day visit during which he will hold talks with the top leadership on hydro-electric projects among other issues.
The group proposes to invest Rs 10,500 crore in single-brand retail trading in India through a 100 per cent subsidiary.
CCI, sector regulators may consult each other if jurisdictions overlap
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