United States President George W Bush has sent the nomination of Santanu K Baruah, an Indian-origin former management consultant whom he picked as an Assistant Secretary of Commerce for Economic Development, to the Senate for approval.
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
The nuclear nonproliferation lobby has urged the United States administration to ensure that America's dual-use technology is not diverted by New Delhi to its nuclear weapons programme.
The US and India likely to sign a high quality bilateral investment treaty to create an enabling business environment.
The Department of Commerce is preparing guidelines for setting up single-window clearance systems in states for special economic zones (SEZs). he move comes after a recent review by the department, in which it was found that the SEZ developers were facing problems in getting approvals in many states.
The United States has set in motion regulatory changes to lift the ban on India's frontline technology establishments Indian Space Research Organisation and Defence Research and Development Organisation and their removal from the entities list could come soon, top American officials have indicated. A formal notification of the US Department of Commerce for this is in the advanced stage, they said.
Snapdeal and Flipkart to battle it out over Express Delivery
India and the US have discussed "practical steps" to reduce the barriers to bilateral high technology trade while enhancing security of such trade.
The new entrants are young, enterprising Chinese men and women who want to tap into the promising Indian market.
Amazon, however, claimed that it is just a service provider and doesn't own goods at any point of sale due to which it is not liable to pay this tax.
Even as India gears up for election results on May 16, a group of senior Bharatiya Janata Party leaders have taken up an informal initiative to see how a 'Modi ministry' will look like, in case the party forms the government at the Centre.
Six metros in which FDI in multi-brand retailing will be permitted are Delhi, Mumbai, Kolkata, Chennai, Bangalore and Hyderabad.
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.
He alleged that the people of Madhya Pradesh were 'befooled' by the saffron party as there was no council of ministers or a health or home minister in place in the state amid the crisis due to the coronavirus outbreak.
'Don't panic. Believe in yourself.' 'This is a preventable illness. Only you can prevent it.'
The approvals would be handled independently by administrative ministries of different sectors.
Modi will have limited choice other than stressing upon a request for more time to decide on tariff rates, especially with elections in 2019.
To tap the growing Indian interest, the Department of Tourism and Commerce Marketing, in conjunction with the Dubai Properties Group will organize Dubai real estate road shows in 2007.
The government is likely to announce significant policy measures relating to allowance of foreign direct investment (FDI) in the multi-brand retail segment, even as the Department of Industrial Policy and Promotion (Dipp) under the Ministry of Commerce and Industry is giving final touches to the draft report prepared by an inter-ministerial committee.
Court cases likely over interpretation of the new levy proposed in the Budget for digital economy.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
Indian mangoes are all set to tickle the taste buds of Americans with the Bush administration clearing the way for exports to the US this harvest season, which would give farmers here access to the global market.
'I have many times bought meals for the accused, and the police pay for it.'
Cap in single-brand retail likely to be 74%.
According to a senior commerce department official, talks between India and the Association of South East Asian Nations (Asean) - the 10-country trading bloc - have hit a roadblock, with some of the advanced developing countries demanding greater flexibilities from India.
It, however, does not manufacture devices on its own and rather does it through contract manufacturers.
Despite Uber facing a ban across many states, including Karnataka and Maharashtra, for Lingaraju, a driver employed by the company in Bengaluru, it is business as usual.
The MFN (Most Favoured Nation, meaning non-discriminatory treatment for each other) issue is of prime importance to India, as it wants to have greater access in the Pakistani markets.
State-run Bank of Baroda and Oriental Bank of Commerce are among those facing scrutiny.
Among food articles, vegetable prices surged by 69.69 per cent mainly on account of onion, which witnessed 455.83 per cent jump in prices, followed by potato at 44.97 per cent.
United States President Barack Obama will visit Mumbai on November 6, during his four-day mission to India, US-India Business Council announced on Monday.
'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.'
India Post is eyeing a jump of about Rs 100 crore in turnover at Rs 141 crore from the philately segment this fiscal.
'What Jaishankar says is simplistic.' 'The past does not matter that much.' 'If we think that it does it is because we are not good enough at running the nation competently today and are searching for excuses why,' argues Aakar Patel.