India has asked Indonesia to remove barriers on import of pharma products, in a bid to boost trade ties between the two countries.
The meeting chaired by Prime Minister Manmohan Singh was attended by Commerce and Industry Minister Kamal Nath and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Industry leaders, including Ratan Tata, Rahul Bajaj, Mukesh Ambani and Sunil Bharti Mittal, who are members of the council, also participated in the discussions.
It is speculated that Scindia, known to be very close to Congress leader Rahul Gandhi, met the legislators in a bid to feel their pulses in the wake of developments in Karnataka and Goa.
The government's help to the crisis-ridden Satyam Computer Services may include financial support as well, as it is a question of saving jobs and institutional investment, Commerce and Industry Minister Kamal Nath said.
Commerce and Industry Minister Kamal Nath conveyed India's resentment to Finnish Minister for Foreign Trade and Development Paavo Vayrynen. He will also be taking up the issue with the Netherland's Minister for Economic Affairs M Vander Hoeven in New Delhi on Wednesday. The two sides have managed to keep these issues out of the proposed FTA despite pressure from some EU members like France, government officials said.
Taken aback by the attack, Orissa government promised early clearances to mega steel projects, including Mittal's.
Prime Minister Manmohan Singh today reviewed measures taken by the government to ease the liquidity crunch faced by India Inc arising out of the global financial crisis as well as discussed possible measures to help Indian exporters tide over the downturn in key markets like the US and Europe.
Nationalist Congress Party (NCP) chief Sharad Pawar on Monday said there was a need to fight the forces creating communal divide in Maharashtra and the country.
Soon after taking charge, transport minister Kamal Nath had made it mandatory for the states to sign the State Support Agreement under which the states would have to acquire land for highway construction to get central funds.
A plan for projects to be awarded in the year 2010-11 is to be launched soon.
A Sikh group, campaigning for justice for the victims of the 1984 anti-Sikh riots, met US President Barack Obama, ahead of his visit to India in November.The group met Obama in Philadelphia on Monday, according to Sikhs For Justice, a New York-based group, which has initiated a case against Transport Minister Kamal Nath in New York for his alleged role in the riots.
Observing that Indo-US ties were on an upswing, Commerce Minister Kamal Nath on Saturday mooted five milestones, including technology and trade cooperation for deepening bilateral economic relationship.
Congress President Sonia Gandhi on Monday made a strong pitch for the party being given the post of Leader of Opposition in the Lok Sabha contending that it is the single largest party in the opposition.
The truckers organisation, All India Motor Transport Congress has demanded lower toll tax or nearly 62 lakh (6.2 million) trucks would go off roads from August 6, bringing movement of goods throughout the country to a halt.
Till such time as the study is complete, the plan to allow 51 per cent foreign direct investment in speciality retail sectors such as consumer electronics and sports goods has been put on hold.
Maharashtra Congress president Nana Patole on Wednesday said Chief Minister Uddhav Thackeray has made it clear that there was no proposal to recommend dissolution of the state assembly.
Besides projects under the NHAI, the government earmarks funds for constructing roads, undertaken by various state government agencies and municipal corporations. Nath will be seeking Rs 6,000 crore (Rs 60 billion) for this.
"We will not hesitate to take the strictest measures, including using legal provisions against hoarding and profiteering whether in food, cement or steel," Commerce Minister Kamal Nath said. The minister, who is in Singapore to attend the Incredible India @ 60 event showcasing the growth of a resurgent India, told reporters that though there was the provision of 18G of the Industrial Act, "we don't propose to use it."
As many as 28 legislators, including former Union minister Prahlad Patel and Bharatiya Janata Party national general secretary Kailash Vijayvargiya, were on Monday inducted into the Madhya Pradesh cabinet led by Chief Minister Mohan Yadav.
Even as the race for the Congress president's post is hotting up, its veteran leader and Rajya Sabha member Digvijaya Singh on Friday said he is not interested in becoming the party chief.
The government plans a comprehensive law to streamline assessment of security threats arising from business transactions and enable its agencies to decide on the cases of foreign direct investment in sensitive areas.\n\n
Over 2,500 global leaders in business and politics arrived in this Swiss resort on Wednesday to put their minds together on how best to support the fragile recovery following the worst economic crisis since the 1930s.
Anand Sharma who is at the WTO meet at Bali has been making all the right noises in opposing the peace clause. However at 9 PM on Friday, he will have to make a crucial decision.
Indian suppliers to GAP, a European and US apparel retail chain, have informed the Centre that they are not using child labour and their plants have been subjected to vigorous inspections by the overseas buyers. "The biggest suppliers have informed us that GAP officials have seen their plants and applauded their manufacturing practices," Commerce and Industry Minister Kamal Nath said at the Fortune Global Forum in New Delhi on Tuesday.
'I need to work to find some joy in this life.'
Therefore, his entry into politics will prove to be mangal (auspicious) for everyone in Budhni, Mastal claimed, adding that he will ensure development of the constituency.
India has already sent its team of officials to negotiate on agricultural subsidies, which would be followed by talks on industrial tariffs or Non-Agricultural Market Access.
Government employees' pay packets will get fatter, with the Cabinet on Thursday approving three per cent hike in dearness allowance.
A girl, around 12 years of age, was found bleeding on a street in Ujjain city of Madhya Pradesh, and her medical examination confirmed that she had been raped, police said on Wednesday.
Asserting that India had removed many barriers in trade and investment
A recent study by Nasscom suggests that only a fourth of the 400,000 students graduating every year in the country are employable.
Justifying its stand on scrapping of Special Economic Zones projects in Goa, the state government has said the Centre has the power to denotify those which are not operational within the stipulated timeframe.
The eighth Auto Expo kicks off on Thursday promising new launches and big announcements by domestic and global automobile giants, even as the booming industry sought flexibility in labour laws to maintain the growth momentum.
The fDi Personality of the Year awards recognise the political and business leaders around the world who have been the most proactive, dynamic and innovative in securing foreign investment and improving the business environments of their jurisdictions.
The recent Foreign Trade Policy announcement to waive service tax for exporters had the backing of the Prime Minister, Commerce Ministry sources said on Tuesday.
This year the meeting will take place from Tuesday to Thursday in Lahore. The Cairn Group is composed of World Trade Organisation members pressing for further agricultural reform within the WTO.
The government's announcement to fund fashion initiatives is likely to provide a fillip to this largely unorganised sector.
"Land acquisition is the biggest issue. Now contracts will be awarded if 80 per cent of the land is acquired and is in possession of National Highway Authority of India," minister for road transport and highways Kamal Nath said during the Question Hour in the Lok Sabha. On members' complaints regarding 'very high' toll rates in public-private partnership projects, the minister defended the existing rates and said reduced toll would mean less roads.
