News for 'Foreign and Commerce Ministers'

India allows investments from Pakistan: Sharma

India allows investments from Pakistan: Sharma

Rediff.com8 Jun 2012

Without engaging with Pakistan, South Asian economic integration would not be possible

Govt announces sops to boost exports

Govt announces sops to boost exports

Rediff.com18 Apr 2013

The initiatives announced by Commerce and Industry Minister Anand Sharma as part of the annual supplement to the Foreign Trade Policy are aimed at pushing exports which declined by 1.76 per cent to $300.6 billion during 2012-13 and pushed up the trade deficit to $190.91 billion.

India's exports fall to $300.6 billion

India's exports fall to $300.6 billion

Rediff.com18 Apr 2013

India's exports during 2012-13 declined 1.76 per cent to $300.6 billion mainly on account of slowdown in the global economy, Commerce and Industry Minister Anand Sharma said.

India's trade pact with Japan: What it means

India's trade pact with Japan: What it means

Rediff.com21 Feb 2011

The far-reaching Comprehensive Economic Partnership Agreement serves a number of national interests on both sides.

India, Japan to sign free trade pact

India, Japan to sign free trade pact

Rediff.com15 Feb 2011

India will sign a Comprehensive Economic Partnership Agreement (Cepa) with Japan on Wednesday, setting the stage for free bilateral trade of goods and services.

India agrees to fast-track German business deals

India agrees to fast-track German business deals

Rediff.com5 Oct 2015

India and Germany signed a deal on Monday to fast-track business approvals.

FTP to provide relief to rupee-hit exporters

FTP to provide relief to rupee-hit exporters

Rediff.com11 Mar 2008

The commerce ministry is currently firming up the annual supplement to the FTP, which is likely to be unveiled in April. Referring to the export performance during 2007-08, Commerce Minister Kamal Nath said, actual export was likely to remain short of the target of $160 billion. The exports during the year were likely to reach a level of $152-155 billion, he added.

World leaders gather in Johannesburg for Mandela memorial

World leaders gather in Johannesburg for Mandela memorial

Rediff.com10 Dec 2013

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.

At G20 meet, PM will sell India as a hot investment destination

At G20 meet, PM will sell India as a hot investment destination

Rediff.com29 Nov 2018

The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.

India, Japan ink action agenda to boost trade, investment

India, Japan ink action agenda to boost trade, investment

Rediff.com30 Apr 2015

Japan and India signed a 5-point action agenda to increase bilateral trade and investment between the two nations.

President voices concern over attacks on Africans

President voices concern over attacks on Africans

Rediff.com30 May 2016

President Pranab Mukherjee on Monday expressed concern over a string of alleged attacks on Africans in the country, saying it would be most unfortunate if the people of India were to "dilute our long tradition of friendship with the people of Africa".

Pak not opposed to India-US civil nuclear deal

Pak not opposed to India-US civil nuclear deal

Rediff.com8 Nov 2006

He said during the talks, he explained to the Hungarian Foreign Minister that Pakistan, a declared nuclear state, has a transparent system to ensure strict check on proliferation.

Deregulation to make India a trillion-dollar geospatial economy

Deregulation to make India a trillion-dollar geospatial economy

Rediff.com8 Mar 2021

A business in India wanting access to maps and geospatial data would typically have to wait months before it got what it wanted. All this is set to change with the new guidelines on geospatial data, report Neha Alawadhi and Peerzada Abrar.

Govt considering Ikea plan for 100% FDI in retail

Govt considering Ikea plan for 100% FDI in retail

Rediff.com28 Oct 2010

The $31-billion company, which sources around 30 per cent of its global consumption from India, had also criticised the Indian government for not opening foreign direct investment in single brand retailing.

US official invokes Jamsetji Tata's journey to emphasise trade ties

US official invokes Jamsetji Tata's journey to emphasise trade ties

Rediff.com23 Sep 2015

We must take action to address the impediments to growth faced by our businesses and our economies. And we can only succeed by working together, says American Secretary of Commerce Penny Pritzker.

India, US in talks for a 'fantastic' trade deal: Trump

India, US in talks for a 'fantastic' trade deal: Trump

Rediff.com24 Feb 2020

Addressing the 'Namaste Trump' event at the Motera Stadium in Ahmedabad, Trump said that both the countries are in the early stages of discussion for an 'incredible' trade agreement to reduce barriers of investments.

How India plans to improve global university rankings

How India plans to improve global university rankings

Rediff.com23 Mar 2018

Government gives 60 institutes freedom to fix courses, collaborate with foreign peers.

E-tailers face tough times as states tighten tax noose

E-tailers face tough times as states tighten tax noose

Rediff.com25 Jan 2015

Kerala's tax authorities are also reviewing other e-commerce companies for similar discrepancies, and might fine more defaulters.

Is the government serious about FDI in retail?

Is the government serious about FDI in retail?

Rediff.com27 Nov 2015

Recent easing of restrictions does not address the pain in the sector.

India, Japan target $25-bn trade by '14

India, Japan target $25-bn trade by '14

Rediff.com17 Feb 2011

The deal was signed between Commerce and Industry Minister Anand Sharma and Japanese Foreign Minister Seiji Maehara in Tokyo.

Govt to compile FDI rules into a compendium

Govt to compile FDI rules into a compendium

Rediff.com19 Nov 2009

"We have close to about 175 press notes circulating... the Industry Ministry has taken a decision to put all of these together in a booklet so that the FDI rules become much simpler for a foreign investor."

10 trade unions to support nation-wide farmers protest on Friday

10 trade unions to support nation-wide farmers protest on Friday

Rediff.com21 Sep 2020

The ten trade unions are National Trades Union Congress, All India Trade Union Congress, Hind Mazdoor Sabha, Centre of Indian Trade Unions, All India United Trade Union Centre, Trade Union Coordination Centre, Self Employed Women's Association, All India Central Council of Trade Unions, Labour Progressive Federation and United Trade Union Congress.

India flashes wait sign for Walmart, Tesco

India flashes wait sign for Walmart, Tesco

Rediff.com31 Jan 2011

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.

Change in FDI policy a continuous process: Nath

Change in FDI policy a continuous process: Nath

Rediff.com25 May 2009

Senior cabinet minister Kamal Nath on Monday said 'new things would be thrown up' as the government fine-tunes the foreign direct investment policy. India attracted about $25 billion for April-February 2008-09. The government had announced changes in the FDI policy in February which led to confusion among investors.

India to allow FDI from Pakistan

India to allow FDI from Pakistan

Rediff.com13 Apr 2012

Talks are underway to allow banks from both the countries to open branches in each other's territory.

We're clear on why we need FDI in multi-brand retail: Anand Sharma

We're clear on why we need FDI in multi-brand retail: Anand Sharma

Rediff.com20 Jul 2012

He said policy could not be rigid, while declining to say by when FDI in multi-brand retail would be allowed.

Delhi HC stays order against Future-Reliance deal till April 30

Delhi HC stays order against Future-Reliance deal till April 30

Rediff.com22 Mar 2021

The Delhi high court's division bench has stayed the single bench order favouring the emergency award against the Future-Reliance deal and imposing a Rs 20 lakh fine on Kishore Biyani & other respondents. including FRL and FCPL.

Over Rs 1 lakh cr committed for Tamil Nadu: Jayalalithaa

Over Rs 1 lakh cr committed for Tamil Nadu: Jayalalithaa

Rediff.com9 Sep 2015

Tamil Nadu Chief Minister Jayalalithaa credited Prime Minister Narendra Modi with spearheading investor-friendly initiatives, saying it will "enthuse" businesses planning to invest in states.

FDI inflows expected to improve: Sharma

FDI inflows expected to improve: Sharma

Rediff.com25 Jan 2013

The government liberalised FDI policy in sectors, including multi-brand retail, single-brand retail, commodity exchanges, power exchanges, broadcasting, non-banking financial institutions and asset reconstruction companies.

Did Modi Inspire This Grammy Win?

Did Modi Inspire This Grammy Win?

Rediff.com28 Apr 2022

'Now, no one can stop me from making music till the day I die.'

FDI policy in pharma set for major overhaul

FDI policy in pharma set for major overhaul

Rediff.com16 Aug 2013

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.

Delhi HC bars Future-Reliance deal, attaches properties, imposes Rs 20 lakh fine

Delhi HC bars Future-Reliance deal, attaches properties, imposes Rs 20 lakh fine

Rediff.com18 Mar 2021

The Delhi high court on Thursday upheld the Singapore Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by US-based e-commence giant Amazon.

Eyeing big-billions in 2015, govt rolls out FDI red carpet

Eyeing big-billions in 2015, govt rolls out FDI red carpet

Rediff.com28 Dec 2014

Global sentiment has turned very positive for India

Nepal discusses ways to make Modi's visit a grand success

Nepal discusses ways to make Modi's visit a grand success

Rediff.com31 Jul 2014

Prime Minister Sushil Koirala on Thursday met leaders of all 31 political parties to discuss key issues, including a key power trading pact, to be taken up with Prime Minister Narendra Modi during his maiden official visit to Nepal.

CCEA to take up FDI issue in civil aviation on Friday

CCEA to take up FDI issue in civil aviation on Friday

Rediff.com13 Sep 2012

The government is expected to take a decision tomorrow on the issue of allowing foreign airlines to buy up to 49 per cent stake in cash-starved Indian carriers.

COVID-19: I-League must go on, says AIFF General Secretary Das

COVID-19: I-League must go on, says AIFF General Secretary Das

Rediff.com13 Jul 2020

AIFF plans to go ahead with the 2020-21 I-League season even if the clubs' star foreign recruits are unable to make it due to the coronavirus-forced travel restrictions.

Retail FDI: Govt for more reforms

Retail FDI: Govt for more reforms

Rediff.com9 Feb 2007

Defending its policy of liberalising foreign direct investment in retail, the government confirmed that it would go ahead with its plan to expand its ambit.

India received $25 bn FDI in 2007-08

India received $25 bn FDI in 2007-08

Rediff.com20 May 2008

Foreign direct investment into India has surged to over $25 billion in 2007-08 and the country's foreign exchange reserve crossed $341 billion as of Tuesday, Ashwani Kumar, minister of state for commerce and industry has said.

Record FDI inflows to India

Record FDI inflows to India

Rediff.com20 Apr 2007

Foreign direct investment to India is zooming. FDI inflows to the country during 2006-07 surged to a record $16 billion, according to the annual supplement of the Foreign Trade Policy unveiled on Thursday.

Centre scraps FIPB to 'further liberalise' FDI regime

Centre scraps FIPB to 'further liberalise' FDI regime

Rediff.com24 May 2017

The approvals would be handled independently by administrative ministries of different sectors.