The senate banking committee and commerce committee approved Kumar's nomination, which was buoyed by a rousing introduction of Kumar by Senator Robert Menendez of New Jersey, where Kumar has resided since 1993, and it's now the full senate that has got to vote on his nomination, and sources said he could be in place in his job at commerce by late this month or early March.
The order, issued by the Home Department, will come into effect only after guidelines are finalised, said a senior official.
It is watching e-commerce policy fineprint before spelling out India plan
Embargo on imports from a neighbouring country would send a chilling signal to foreign investors who look for transparency and companies with manufacturing units in India had requested the government to publish any change in port policy "to provide the business community with the visibility they need to function", says United States-India Strategic Partnership Forum.
UK environment minister Lord de Mauley hosted a round-table meeting here with representatives of mango and vegetable importers and exporters from the UK and India, Deputy Indian High Commissioner to the UK Virendra Paul, and senior regulators from Defra and the Food and Environment Research Agency.
IT, e-commerce firms to raise the bar in recruitment, packages.
The chances of the posts opening remain slim, with security agencies recently identifying 10 suspects who smuggled in weapons, narcotics and fake currency.
India proposes to take the US to WTO against the latter's visa fee hike, which discriminates Indian software companies from American firms.
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
United States Secretary of State John Kerry will arrive in New Delhi on July 30 on a three-day visit during which he will hold talks with Indian leaders on a range of key bilateral, regional and global issues of mutual interest besides co-chairing the fifth India-US Strategic Dialogue.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
India's first home-grown mapping company MapMyIndia is looking to list in the public market by raising around Rs 1,200 crore at a Rs 6,000-crore valuation. Sources said the company is ready with its draft red herring prospectus documents and is likely to file as early as next week. While the money will be used for business expansion, it will also give MapMyIndia's early investors, including Qualcomm, PhonePe, and Japanese mapmaker Zenrin Co., a chance to exit. The Verma family, which founded the company, will continue to remain promoters.
The farm sector's contribution to Indian economy is just around 20 per cent and rural India is in a shambles.
The spread of the Omicron variant of the coronavirus has made Indian companies persist with their policy of banning overseas trips and allowing only essential travel within India. The IT services firms, which had planned to ask their employees to return to the workplace, are also waiting and watching the Covid-19 situation before fully opening up their offices. Large conglomerates like the Tatas, Birla, JSW and Reliance are continuing with the mandatory social distancing and masking policies within their office premises.
With Ro Khanna defeating eight-term incumbent Mike Honda, for the first time in history the Indian Diaspora has three of its own in the US Congress.
India on Wednesday banned 118 more mobile apps with Chinese links, including the popular game PUBG, citing data privacy concerns and a threat to national security, taking the total count of Chinese-linked mobile apps banned by New Delhi to 224.
Union Commerce Minister Nirmala Sitharaman said she will pursue the matter with the finance ministry
WhatsApp has drawn massive criticism from users globally, including India over concerns that data was being shared with its parent company, Facebook. WhatsApp, on its part, has maintained that messages on the platform are end-to-end encrypted and that neither WhatsApp nor Facebook can see the private messages on WhatsApp's platform.
US President George W Bush has announced that he intends to nominate an Indian American, Karan K Bhatia, of Maryland, as Deputy US Trade Representative, with the rank of Ambassador.
US Commerce Secretary Gary Locke's robust meetings in Mumbai, includes a bilateral with the Governor of the RBIndia Dr D Subbarao and senior officials at the Department of Atomic Energy and the Nuclear Power Corporation of India, in addition to speeches to the Federation of the Indian Chambers of Commerce and Industry and the National Association of Software and Service Companies, will also be punctuated with an interaction with the dabbawallahs or tiffin caterers.
On the eve of US Commerce Secretary Gary Locke's trip to India next week as the head of a high-tech trade mission of 23 American companies, including Fortune 500 heavyweights and also several small and medium enterprises, the Department of Commerce has moved expeditiously to implement the export control initiatives to facilitate high tech trade with India.
India is keen to improve share of services in global trade.
India Today's annual list ranks the top 100 colleges in the country.
The American influential IT and telecom industry sought intervention of the Obama Administration against what they alleged are "discriminatory" Indian policies, which they claimed has resulted in several hundred millions of dollars of losses in the last quarter.
Admiral describes it as 'a path-breaking change'; defence ministry official disagrees.
The bulk of this money will, however, be spent on buying imported equipment, mainly from Europe and China.
The initiative is being called lateral recruitment to senior positions in the government.
From Covid-19 essentials, such as Vitamin C supplements and thermometers, to bicycles, laptops, and personal weighing scales, demand for certain items galloped during last financial year as the pandemic altered what Indians used on a day-to-day basis. Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted. With outdoor activities coming to a halt last year and schools functioning virtually, imports of sports goods witnessed a decline, while inbound shipments of laptops and battery chargers saw a sharp uptick, according to the import data for the financial year 2020-21.
Leading British-Indian MP Keith Vaz on Tuesday took his fight against the European Union's impending ban on the import of Indian mangoes to the Prime Minister's office in London.
The Indian embassy condemned the "mischievous act" by hooligans masquerading as protesters.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
Total outflow and inflow of foreign investment in general for 2014-15 fiscal was $6.42 bn and $75.71 bn, respectively
Work on a dozen decisions to start by next week.
Many argue there's a mismatch between Prime Minister Narendra Modi's focus on international exposure and his government's diktat to officials on limiting travel.
During his two-day visit, Gutierrez will meet his counterpart Commerce and Industry Minister Kamal Nath, senior Indian officials and business leaders.
The company has pointed at the possibility of fines and financial penalties.
Prominent e-commerce marketplace players include Amazon.in, Flipkart, Snapdeal, Paytm, Shopclues and Jabong