Minister says rupee and market surge caused by current recovery in the external sector, 8% economic growth possible in next three years.
Industry is of the view that rising interest rates is increasing the input cost as loans are getting costlier.
Nihal Sarin closes in on final Grandmaster norm
Multi-brand foreign retailers such as Walmart, Metro, Carrefour and Tesco have already invested in India under cash-and-carry arrangements.
'With Mirzapur characters, you don't know what's going to happen -- mid season, first episode, last episode -- you could be taken out anytime.'
Union Commerce and Industry Minister Anand Sharma has protested, on behalf of the corporate sector, against the Union environment and forests ministry's 'unreasonable environment regulations' being clamped on the industrial projects.
According to the minister, India needs to expand its manufacturing sector to boost exports and ensure sustainability.
He is among several leaders of Indian heritage who have ascended to the highest echelon of public service globally.
Union Trade Minister Anand Sharma said on Monday that the impasse has been broken over the World Trade Organisation's long-running Doha round of trade talks.
Earlier govt said it won't allow it to sell items such as textile products and office supplies.
India will sign trade pacts with Japan and Malaysia within a week.
'Mr Prime Minister, you have violated the time honoured principle of Indian foreign policy of not interfering in the domestic elections of another country'
Bollywood stars welcomed Lord Ganesha into their homes with love and fanfare and posted beautiful pictures on social media.
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.
Asks India Inc for a list of concerns in 4 weeks, to coordinate policy response within 60 days; FM says prevailing cynicism based on perception, not facts.
2023 is the year of records. So many have been broken and so many more milestones achieved.
Talks are underway to allow banks from both the countries to open branches in each other's territory.
The Congress on Friday released a list of 30 star campaigners for the February 20 Punjab Assembly elections and left out names of Tewari and Ghulam Nabi Azad, who are among the prominent members of the 'G-23' leaders who had written to the party leadership seeking an organisational overhaul.
Sources said the issues to be raised during the monsoon session of Parliament starting July 19 were discussed at a meeting of the Congress parliamentary strategy group on Wednesday, which was chaired by party chief Sonia Gandhi and attended by former prime minister Manmohan Singh and former Congress president Rahul Gandhi.
As China continues to wobble from the global recession -- with real estate as well as the entrepreneurial index considerably down, especially around the Pearl Delta -- new windows of opportunities are opening for India to enhance its own market leverage over China, analysts say.
India and the United States on Wednesday agreed to fast-track technical negotiations for early conclusion of a Bilateral Investment Agreement during a meeting between Commerce and Industry Minister Anand Sharma and US Trade Representative Ron Kirk.
India on Thursday said it will support a candidate from a developing country for the top post of the the World Trade Organization (WTO) that is to be decided by the end of May.
The decision to allow 51 per cent foreign direct investment in multi-brand retail was announced in November last year.
The government had imposed Minimum Alternative Tax and Dividend Distribution Tax on SEZs in 2010-11, which were earlier exempted from almost all levies.
The government on Tuesday said it is considering forming a venture capital fund of Rs 2,000 crore (Rs 20 billion) to promote research and development (R&D) in the pharmaceutical sector.
Well aware that the government cannot control inflation through RBI's monetary tools only, the Centre tried to inbuilt a supply-augmenting mechanism in the economy by opening multi-brand retail to 51 per cent FDI, but vehement opposition from the Opposition and even some of the United Progressive Alliance allies forced it to hold back the decision.
Commerce and Industrial Promotion minister Anand Sharma's rise in government has been dizzying, which is why his current setback is also precipitous. Ahead of the cabinet meeting that took place after Sharma's project -- to ensure the approval of Foreign Direct Investment (FDI) in retail -- was given the thumbs down, his colleagues are asking some searching questions and seeking some hard answers.
The minister is on a two-day visit to Russia for India-Russia Business Dialogue, held under the umbrella of the St Petersburg International Economic Forum 2012.
It is unpredictability which is bound to have a very negative spin-off which needs to be avoided, said Trade Minister Anand Sharma.
The successful conclusion of the Doha round of trade negotiations would substantially augment global trade, Indian Minister of Commerce and Industry Anand Sharma said here.
Leveraging the India-ASEAN Free Trade Agreement, India wants to double its commerce with Myanmar and diversify the bilateral engagement to agro-research and natural gas exploration.
After dithering for months, if not years, the government suddenly unleashed a barrage of reforms.
Congress president Sonia Gandhi also decided to convene a 'Chintan Shivir', a brainstorming session from May 13-15 in Udaipur.
Marking further cementing of bilateral ties, a haat (rural bazaar) on the India-Bangladesh border in Meghalaya was inaugurated on Saturday.
The RBI is scheduled to review its short-term lending rates on Tuesday, amidst apprehensions that it may not go in for interest rate cut even as the pause on the hikes may continue.
So far 15 rounds of negotiations have been held.
India's disappointment over recent 'protectionist' measures by the United States, including increase in visa fee for IT professionals and Ohio's ban on government outsourcing, will be raised at the high level ministerial meeting in Washington on Tuesday.
The government has announced several incentives for exporters to explore new destinations under focus market and focus product scheme.
Commerce and Industry Minister Anand Sharma on wednesday said the Reserve Bank of India would have to step in to stem the downslide of rupee.
Anand Sharma said the Rs 2,060-crore Jet-Etihad deal falls in line with new 'control' definition.
