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.
Indian industry, particularly the IT sector has been concerned over increasing resistance to outsourcing in the developed world.
Anand Sharma, Union Commerce Minister, crossed over to Pakistan early Monday morning with a large delegation comprising of officials of his ministry, members of the trade chambers and journalists to launch India show in Lahore where goods from India would be displayed for the visitors who are keen to buy them.
Commerce and Industry Minister Anand Sharma on Wednesday met Environment Minister Jayanthi Natrajan to resolve the inter-ministerial differences over a proposal to ease environment laws in the manufacturing policy.
Indian banks operating there are required to meet very high qualifying standards in order to do business.
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.
'The problems that the film explores still remain. It was a different time when we made the film. We were young and we thought we could change the world.'
The two ministers are believed to have discussed the issue of redefining foreign direct investment and foreign institutional investment to remove ambiguities.
Sharma met US trade representative Ron Kirk, agriculture secretary Tom Vilsack and deputy assistant to the president and deputy national security advisor for International Economic Affairs Michael Froman and other senior Obama Administration officials.
Charging the multinational companies with making several drugs beyond the reach of the poor, visiting Commerce Minister Anand Sharma today asserted it is the Indian generics which have challenged such a "suffocating stranglehold" and made the medicines affordable.
India Inc is ready to invest in Russia's pharmaceutical sector and the two governments are working on a joint document to this effect, Commerce and Industry Minister Anand Sharma has said.
Russia on Tuesday invited Indian pharmaceutical companies to set up joint ventures in the country. Russian Deputy Prime Minister Sergei Sobyanin during his meeting with Commerce and Industry Minister Anand Sharma said Russian pharma firms were keen to increase their engagements with Indian companies including setting up joint ventures.
Anand Mohan, Arun Kumar and Akhlaq Ahmed had filed petitions in the High Court because of denial of basic amenities and permission to meet close relatives.
At present, global retail firms can invest up to 51 per cent in India and need a local joint venture partner.
Terming an American proposal to increase visa fees as discriminatory, Commerce and Industry Minister Anand Sharma on Tuesday said the increase would cost Indian firms $200 million extra a year and make them less competitive.
Commerce Minister Anand Sharma offered 'four principles' to break the impasse in the stalled-Doha trade negotiations, insisting that only a pronounced shift towards 'development objectives' could enable 'developing countries to bring more to the negotiations'.
India will intensify its global economic engagement in sync with the country's profile and the government will take 'every possible step' to give a filip to the industry, new commerce and industry minister Anand Sharma said on Friday. Sharma is taking charge of the trade ministry at a time when India's exports have suffered a severe setback due to the global downturn.
The G-23 group seems to have expanded with several senior Congressmen attending Wednesday's meeting.
According to a schedule of her five-day visit provided by her Trinamool Congress, Banerjee is slated to meet Modi at 4 pm on Tuesday.
The project is aimed at developing an industrial zone spanning six Indian states.
Days ahead of India-EU annual summit, Commerce and Industry Minister Anand Sharma on Wednesday said a few ends are yet to be stitched for concluding the proposed Free Trade Agreement (FTA) between the two sides.
The working group members have been selected from the board of trade, which met here under the chairmanship of Commerce and Industry Minister Anand Sharma.
Commerce and Industry Minister Anand Sharma said he had strongly brought up India's concern over the denial of professional visas for its workers, in his meetings with senior Obama Administration officials.
India will unveil a single policy for foreign direct investment, including in sectors such as financial services, insurance and banking by March 31, Commerce and Industry Minister Anand Sharma has disclosed.
Prominent G-23 members including Ghulam Nabi Azad, Anand Sharma, Kapil Sibal and Manish Tewari have not been included in the Congress list of star campaigners for West Bengal assembly elections.
The India and US delegation level talks finalised many issues taking the partnership forward in the 21st century, Anand Sharma, Minister of Commerce and Industry, said while talking to rediff.com.
'I think pollution levels have been rising in Delhi for the past 10-12 days. We can feel it in our eyes today. The smog is dense'
The highest polling of 72.35 per cent was recorded in Sirmour district followed by 68.48 per cent in Solan and 67.67 per cent in Una and 67.5 per cent in Lahaul and Spiti. The high-altitude district of Lahaul and Spiti had recorded 21.95 per cent, the lowest, till 1 pm, but polling was brisk as the sun came out.
India's exports need free trade and reform. The government, however, is extending failed schemes.
Singh is accompanied by External Affairs Minister Salman Khurshid, Renewable Energy Minister Farooq Abdullah, Human Resource Development Minister M M Pallam Raju and Science and Technology Minister S Jaipal Reddy.
The government in December had announced incentives for exporters that include extension of two per cent interest subsidy for an additional one year ending March, 2014.
Prime Minister Manmohan Singh on Thursday left Durban for home, ending a four-day visit during which he attended BRICS (Brazil, Russia, India, China and South Africa) Summit that decided to establish a development bank to finance infrastructure projects in emerging economies.
The highlight of the first BRICS Summit on the African soil is the possible setting up of a development bank for undertaking infrastructure and development projects.
The decision to revise the target by $10 was taken in New Delhi at the India-Africa Ministers Round Table conference chaired by Commerce, Industry & Textiles Anand Sharma.
Opposition charged the government with making Parliamentary Standing Committees irrelevant.
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.
