Sonia Gandhi,Manmohan Singh and party leaders met Obama.
Bowing to opposition pressure, the government has agreed to refer the controversial Insurance Bill to a Select Committee of Parliament, which will have 15 members.
Shashi Tharoor has also been retained as the chairman of the panel on Information Technology.
The move came as the country badly needs capital inflows as the rupee comes under pressure
Margaret A Hamburg, the first commissioner of the US Food and Drug Administration (US FDA) to visit India officially, will meet heads of major domestic pharma companies such as Ranbaxy, Wockhardt, Cadila Healthcare and Lupin in New Delhi.
Deadlock in Rajya Sabha continued for the fourth day on Thursday as opposition kept demanding a reply by Prime Minister Narendra Modi on a debate on religious conversions, which the government steadfastly rejected.
China, Indonesia ready to agree to a four-year interim solution.
Congress on launched an all out attack on Prime Minister Narendra Modi accusing him of "misleading" people on the WTO issue and ridiculed BJP over its "Congress phobia".
The company's plan was conveyed by IKEA chief executive officer Mikael Ohlsson, who met Commerce and Industry Minister Anand Sharma in New Delhi on Monday, sources said.
Congress hit out at Prime Minister Narendra Modi for his remarks in Canada about the "mess" left behind by others, saying they were in "poor taste" coming on foreign soil and show that he still carries the "hangover of the election campaign".
The first such proposal in the sector has come from the joint venture between Tata-Trent and Tesco Plc, which will open outlets simultaneously in these two states.
A panel headed by Economic Affairs secretary Arvind Mayaram had suggested FDI limit be raised to 49 per cent in almost all sectors through the automatic route.
In the first official visit by a United States vice-president to India in three decades, Joe Biden arrived in India on Monday on a four-day tour aimed at boosting ties in key areas of trade, energy, defence and security. The US vice-president will hold meetings with top Indian leadership, including President Pranab Mukherjee and Prime Minister Manmohan Singh, on Tuesday before flying out to Mumbai in the night.
The domestic availability of onion has been affected on account of damage to kharif crop because of unseasonal rains in key producing states including Maharashtra.
The Commerce Ministry earlier this week commissioned a study to assess the impact of free trade agreement with South Korea, with which India had a trade deficit of about $9 billion in 2012-13.
A high-powered British parliamentary committee has written to Prime Minister Manmohan Singh asking if he was consulted over a controversial plan to introduce a hefty 3,000 pounds cash bond for 'high-risk' visitors from India.
Sharma says efforts on to bring dissenting ministries on board eBiz platform.
India on Monday raised serious concerns over the USFDA's audit inspections of Indian pharma companies and 'disproportionate penalties' in some instances and said it would submit a discussion document on the issues to the US.
The number of disgruntled leaders in the party is swelling.
When asked about the possibility of talks getting extended for another day, World Trade Organization spokesperson Keith Rockwell said: "The concept of time is flexible in WTO."
As hard bargains continue for the next four days at the picturesque tourist resort of Indonesia, the ministers., including from the influential developed countries will try and reach agreements on providing windows to the developing nations for their food security programmes and a pact to free the global trade from the procedural hassles at the customs.
Rangarajan, who was answering questions on onion prices touching Rs 100 per kg in some cities, said the impact on inflation would not last long.
Seeking to spur foreign investments, Finance Minister P Chidambaram has said the Union Cabinet will decide on raising FDI caps in different sectors in the third week of this month.
After a high-level meeting held on Friday chaired by Prime Minister Manmohan Singh, it has been decided that the Commerce and Industry would soon start a consultation process to address 'dangers inherent' in the current model of FDI in brownfield pharma units.
Despite criticism, the investment bank said that it stands by its research.
The country has also asked India to further reduce tariffs on goods.
"Horse trading band karo (Stop horse trading of MLAs)," Congress members shouted from the well.
The Supreme Court had rejected the company's plea for a patent on cancer drug Glivec in April.
Refusing to budge from its tough stand on food security issues, India pressed for a fair and balanced outcome of the WTO ministerial meeting in Bali.
The company, which sells luxury products, including brands like Cartier, Piaget, Panerai and Montblanc, has also sought few clarifications from the government on conditions for selling sub-brands from the same stores, according to sources.
Business leaders met Manmohan Singh to discuss the problems facing the country.
FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.
WTO's new director has said that the issue needs to be addressed in a positive manner.
India and Pakistan are working on allowing three banks to set up branches on each other's soil to help improve trade relations.
Inspections only in domestic authorities' presence, visiting US drug regulator told
UK-based retail major Tesco Plc on Tuesday filed the first application for setting up multi-brand retail outlets in India.
The government is considering to tweak FDI policy in retail sector so as to allow global chains like Walmart, Carrefour and Tesco to open multi-brand stores in non-hilly cities with population less than one million.
Trade ministers and diplomats from around 130 countries are participating in the four-day meeting that started on Tuesday.
In January 2006, King Abdullah became the first Saudi monarch in 51 years to visit India.
President Pranab Mukherjee will be among over 90 heads of state and government who will attend an emotional memorial service in South Africa on Tuesday for anti-apartheid legend Nelson Mandela, making it one of the largest such gatherings in generations.