"We are very clear it is an absolute must in the bouquet of energy resources which have to be accessed," Commerce and Industry Minister Anand Sharma told a gathering of top US c corporate leaders and those from the US government at the annual summit of the US India Business Council (USIBC).
Contesting the US charge that Indian FDI rules are "opaque", Commerce and Industry Minister Anand Sharma on Tuesday said the country follows a simplified direct investment regime.
Ahead of the third quarter monetary policy review by the Reserve Bank later this month, Commerce and Industry Minister Anand Sharma has opposed monetary tightening, saying fund flows to the industry have not caused food inflation.
India has not changed its position on agriculture and industry at the World Trade Organisation negotiations on freeing global trade to protect the interests of its farmers and small enterprises, Commerce and Industry Minister Anand Sharma has said.
Eurofighter Typhoon, India-EU trade pact on agenda for April 11.
Sharma was confident that New Delhi would occupy its rightful place on the UNSC.
India with its promise of higher return on investments offers boundless opportunities for corporate America to invest in the country, particularly in manufacturing and infrastructure, Commerce and Industry Minister Anand Sharma has said.
The company is preparing Information and Communications Technology master plan for four smart cities proposed under the DMIC project.
Exporters, facing slump in demand in the major markets of the US and EU, are expecting incentives in the foreign trade policy, to be unveiled in the second half of the month. The FTP broadly spells out the segments of priority in external trade and also gives incentives and disincentives, depending on the country's needs.
The need of the hour is a rule-based multilateral trading regime, which takes on board developmental aspirations of the poor countries and at the same time ensures better access for all. "That is what we shall be striving for," said Commerce and Industry Minister Anand Sharma. He said Prime Minister Manmohan Singh has made commitments that the Doha trade talks, the latest round of which was stalled in July 2008, be concluded successfully.
The task force was set up in July 2011. Although the industrial production during March improved to 2.5 per cent, the factory output during 2012-13 worked out to be only 1 per cent, down from 2.9 per cent in the previous fiscal.
Data exclusivity provides protection to the technical data generated by innovator companies to prove the merit of usefulness of their products.
Batting for the worried SEZ developers who fear withdrawal of incentives in the new direct tax code, Commerce and Industry Minister Anand Sharma on Friday said his ministry would ensure that the sops continue.
Commerce and Industry Minister Anand Sharma today assured exporters of government mediation to ensure that they get foreign currency loans at the new lower rate set by the RBI amid complaints against banks levying additional charges.
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.
The downward slide in Indian exports following recession in major markets of the United States and Europe, has been arrested, Commerce and Industry Minister Anand Sharma informed the Rajya Sabha on Wednesday.
Besides addressing a high-level meeting of the US-India Business Council at Washington on June 17, Sharma will hold discussions with the US secretary of state Hillary Clinton. During his three-day engagements, the commerce and industry minister would meet US Commerce Secretary Gary Locke and US trade representative Ronald Kirk.
Noted lawyer and Bharatiya Janata Party candidate Ram Jethmalani and Union Commerce Minister Anand Sharma were on Thursday elected in the Rajya Sabha polls in Rajasthan, while a Congress-supported Independent candidate was defeated.
Commerce Minister Anand Sharma is in a fighting mood, blasting everybody, more so the media, the moment you offer any criticism of the Commonwealth Games that will open in New Delhi on October 3.
In the face of stiff opposition in Parliament to foreign direct investment in retail, Commerce and Industry Minister Anand Sharma on Monday sought to reach out to MPs and state chief ministers and appealed to them to rise above 'petty' partisanship on the issue.
KSCA T20 auction saw Indian international batter Devdutt Padikkal lead the charts as the most expensive player of the day,
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.
India on Tuesday said that several actions taken by the US with regard to offshore outsourcing and other trade issues are "not welcome at all".
"Even Shashi Tharoor had said it is a friendly match and after elections Congress will be the winner," Gehlot said.
As we continue our climb, I meet 59-year-old Pushpa Devi from Banaras. I stare at her in wonderment when she tells me this is her 45th visit to the temple. She is equally bewildered to hear this is my first visit!What is it that draws her here each year? 'Bas ek shabd hai. Shraddha. (There is just one word. Faith.)'
"India and Indonesia can do much more in the changing world," Sharma said at a reception hosted by the India-Indonesian Chamber of Commerce last night.
With an aggressive mindset and intense training sessions, India looks set to make a powerful statement when they step onto the field, observes K R Nayar, the veteran cricket writer, from Dubai.
Male bonding is among Bollywood's favourite subjects, and there have been many films about it, like Dosti, Anand, Sholay...
Commerce and Industry Minister Anand Sharma has said India will not "rush to" the World Trade Organization (WTO) over the "regressive" steps taken by the US recently, which include an increase in the visa fee and a special levy on foreign manufacturers.
Newly-appointed Leader of House in Rajya Sabha Piyush Goyal met senior Opposition leaders including former prime minister and Congress veteran Manmohan Singh, his party colleague Anand Sharma and Nationalist Congress Party supremo Sharad Pawar ahead of the Monsoon Session of Parliament beginning Monday.
UN chief Antonio Guterres, US President Donald Trump, his Russian counterpart Vladimir Putin and Canadian Prime Minister Mark Carney were among scores of world leaders who offered condolences to the people of India in wake of the tragic plane crash in Ahmedabad on Thursday.
Defending champions Mumbai announced their 16-member squad sans India stars Rohit Sharma, Yashasvi Jaiswal and Shreyas Iyer to take on Meghalaya in their must-win Ranji Trophy Elite Group A
Sharma proposes to pass on the 'handover note' to his successor, which as per the poll projections is likely to be from Bharatiya Janata Party-led National Democratic Alliance.
Bowling all-rounder Shardul Thakur will also be aiming to continue his dream run for Mumbai so far.
Four new retailers from US, two from Germany may have shown interest in setting up shop in India.
The interim panel headed by him would take the place of the Congress Working Committee, the apex decision-making body, till a new CWC is formed after Kharge's election is ratified at the party plenary.
Sonam Kapoor and her husband Anand Ahuja celebrated five years of the latter's clothing line Bhaane with a party. The Kapoors came up in full strength in support.
Shrachi Rarh Bengal Tigers booked their place in the final of the Hockey India League, defeating Tamil Nadu Dragons 6-5 in a dramatic penalty shoot-out in Rourkela on Friday.
The 77-year-old former Congress president is set to enter the Upper House for the first time from Rajasthan.
