Noting that SMEs in India account of substantial part of domestic production and that 40 per cent of the manufacturing and exports come out of SMEs, the minister said that SMEs, particularly the medium enterprises, are great incubators of technologies and that such an initiative would make the bilateral trade and commerce more meaningful.
The ambit of the G-23 grouping increased this time as some more leaders -- Patiala MP Preneet Kaur, former Gujarat chief minister Shankar Singh Vaghela, former union minister Mani Shankar Aiyar and former Haryana speaker Kuldeep Sharma -- joined them.
Enthused by the success of US President Barack Obama's visit, India said on Tuesday it is time to 'seriously consider' a trade-opening agreement with America, similar to the ones entered with the ASEAN and South Korea.
The chief minister said that he had received Sharma's letter regarding the union cabinet's decision for liberalisation of the Foreign Direct investment policy in multi brand retail.
Anand Sharma said weaponisation of laws and their use to target and humiliate people should not happen.
Of late, Indian businessmen have been complaining about difficulties in obtaining German visas.
The government plans to put in place a system for issuing biometric passports or e-passports by the end of this year and citizens can get them by 2008, Minister of State for External Affairs Anand Sharma said on Friday.
India and Australia have expressed a keen interest to work together to boost two-way trade following talks in Canberra during the visit of Indian Commerce Minister Anand Sharma, its Trade Minister has said.
There are plenty of shootouts and a fair amount of sex over the nine brisk episodes though the dialogue is thankfully free of profanity, observes Deepa Gahlot.
India and Australia are all set to open negotiations on free trade following a feasibility study that showed each sides would gain AUD 30 billion over 20 years from lowering barriers.
Voices of opposition to FDI in retail from within the United Progressive Alliance gained momentum on Tuesday with a Congress member of Parliament from poll-bound Uttar Pradesh criticising the decision, saying it will hurt the poor and its timing was not right.
An interview with Anand Sharma, co-founder of TBM Consulting Group. Sharma is also the company's president and CEO. Recently he has co-authored the book The Antidote -- How to Transform Your Business for the Extreme Challenges of the 21st Century with Gary Hourselt, who is the TBM execeutive vice president.
Announcing the annual Foreign Trade Policy, Anand Sharma said recovery in global economy so far has been fragile and uneven.
The Bill, which also seeks to empower the government to impose quantitative restrictions on import to protect the interest of domestic industry, was approved by the Rajya Sabha earlier.
The India-China trade is on course to reach the USD 100 billion target by 2015, but New Delhi is concerned over galloping gaps between India's exports and imports from China.
The members of Parliament attending Parliamentary Standing Committee meetings will have to sit six feet apart, and not more than two witnesses from the ministry concerned can appear before the panel at a time. As per the protocol for meetings of Rajya Sabha Committees, members have to ensure conformity with physical distancing norms.
A meeting of the Board of Trade, an advisory body to the Commerce Ministry, is likely to be held on October 11, a ministry official said.
The deal was signed between Commerce and Industry Minister Anand Sharma and Japanese Foreign Minister Seiji Maehara in Tokyo.
The chairman and CEO of Dow Chemicals Andrew Liveris will not attend the Indo-US CEO Business Forum meeting scheduled to be held in Washington.
Finance Minister Pranab Mukherjee is leading a high-powered team of policymakers, including Commerce Minister Anand Sharma and Planning Commission Deputy Chairman Montek Singh Ahluwalia at the India-US CEOs Forum.
Congress leaders have supported the Union government's stand of abstaining from voting in the anti-Russia resolution in the United Nations General Assembly, informed sources on Thursday.
We welcome all companies from India to come and invest and do business there. We have almost no restrictions in any sector at all. However, we expect similar reciprocity in India for our apples, pistachios, helicopters, and disaster relief materials, besides other products. We do not restrict such items from entering the US markets.
Commerce Minister Anand Sharma and Planning Commission Deputy chairman Montek Singh Ahluwalia will also participate in the India-US Business CEOs Forum Meeting.
Centre has lifted the ban on exports of a certain variety grown in Karnataka.
Commerce and Industry Minister Anand Sharma has asked global retail chains not to rush the government into allowing foreign direct investment (FDI) in multi-brand retail.
As the shadow of governance deficit and corruption back home threatened to lengthen behind the glorious Davos sun, India's image managers launched a spirited damage control exercise on the penultimate day of the World Economic Forum (WEF).
India and 24 other trade ministers agreed to step up efforts to conclude a multilateral trade deal under the Doha Round this year itself.
A day before the informal meeting of the WTO, India, China and South Africa on Friday said the developing countries are being asked to further open their markets without any reciprocity from the rich nations, as per the draft proposals for a multilateral agreement.
Commerce and Industry Minister Anand Sharma today assured Korean trade minister Kim Jong-Hoon that the stalled $12 billion-project of Korean steelmaker Posco would soon be resolved by obtaining the pending approvals.
With large FDIs moving to Africa, India should focus on more than just development aid to build sustainable ties with the continent. The African continent has been clearly recognised as the next big market for trade and investment globally.
The government on Wednesday expressed disappointment over China not fulfilling its promise to import more IT, ITeS and pharma products, which could help reduce the hugely-tilted trade imbalance favouring Beijing.
The development of the industrial corridor will bring about a revolution in the use of green technologies.
Dubbing Pakistan's decision to ban onion exports across the Wagah border as "shocking", India on Thursday said the issue has been taken up with the concerned authorities in Islamabad.
One Indian soldier was injured on Monday after shrapnel from Israeli bombing hit him.
With the pressure on for the European Union (EU) and India to come up with a significant announcement at the upcoming EU-India summit on December 10, a flurry of activity surrounding the ongoing negotiations for a bilateral free trade agreement (FTA) is giving momentum to the process.
A trade agreement between the two nations would have to factor in US' concerns about IPRs and India's anxiety about market access.
Targeting Rahul Gandhi, the BJP on Wednesday asked the Congress whether it has the capacity to accept defeat of his leadership in the election battle against Narendra Modi.
Both India and Chile discussed a wide range of issues of mutual interest, which included bilateral matters like trade, scientific cooperation and Free Trade Agreement.
Getting to the magic growth, however, will require massive increase in investment in infrastructure, in labour force skills and manufacturing capacity.
India will be identifying and separating its civilian and military nuclear facilities and programmes in a phased manner.
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