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.
Announcing the annual Foreign Trade Policy, Anand Sharma said recovery in global economy so far has been fragile and uneven.
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.
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.
Producer Anand Pandit invited Bollywood's A-listers for a grand get-together, and they arrived in their glamorous avatars.
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.
18 leaders from 14 parties said it is unfortunate that the government has 'unleashed a misleading campaign to malign the combined opposition' and blaming it for the continued disruption of Parliament proceedings.
One Indian soldier was injured on Monday after shrapnel from Israeli bombing hit him.
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.
Commerce Minister Anand Sharma and Planning Commission Deputy chairman Montek Singh Ahluwalia will also participate in the India-US Business CEOs Forum Meeting.
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.
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.
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.
'Elections and audience interest in specific movies are often independent factors.'
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.
The development of the industrial corridor will bring about a revolution in the use of green technologies.
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.
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.
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.
'On the set, Ranveer and I got along really well. Ten days after the release, Ranveer messaged me and said, you have killed the scene! For someone like him to message me just says how supportive person he is of newcomers.'
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.
India will be identifying and separating its civilian and military nuclear facilities and programmes in a phased manner.
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.
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.
While a tweet from a close aide of the Gandhi's and the Chief Whip of the party in Rajya Sabha, Jairam Ramesh took a dig on Azad for accepting the award, Congress stalwarts from the G-23 group have congratulated him for the 'well-deserved' award.
Getting to the magic growth, however, will require massive increase in investment in infrastructure, in labour force skills and manufacturing capacity.
Draft Press Notes on FDI regulatory framework fail to address the gap between the domestic and foreign regulatory regimes.
At present, a maximum of 26 per cent is allowed in the defence sector.
India and US have agreed to redouble their efforts to iron out the key trade and economic differences between both the countries before the visit of President Barack Obama to New Delhi in early November.
Senior Indian Foreign Service officials Sharat Sabharwal and Meera Shankar will be the next envoys to Pakistan and the United States respectively. Sabharwal, Special Secretary in the Ministry of External Affairs, will succeed High Commissioner Satyabrata Pal, who reaches superannuation on February 28. Shankar, India's Ambassador to Germany, will succeed Ronen Sen in Washington.
Indian Commerce and Industry Minister Anand Sharma met his counterparts from the ten Asean-member nations to review the progress of negotiations at Da Nang.
India's exports, which saw the steepest fall of 39.2 per cent in May at the height of the global financial crisis, stands arrested at 6.6 per cent in October, and the government said it would provide more support to select segments in December.
