India will unveil its much-awaited new Foreign Trade Policy 2023-28 on Friday, with a view to boost exports amid slowing global trade. Commerce and Industry Minister Piyush Goyal will announce the foreign trade policy, according to the ministry. The current foreign trade policy (2015-20) is in force till March 31, 2022.
Though electoral verdicts have historically been accepted, even though grudgingly, by all parties, there has been a sharper edge to the questions being raised by Opposition parties this time over the polling process, including the Election Commission.
Nine out of 13 ministers in the Bhupesh Baghel-led Congress government in Chhattisgarh have suffered defeat in the state assembly polls.
Jet Airways expects to return to profit in the next 18 months, following implementation of a new route network and fleet strategy and cost optimisation measures.
The opposition parties had till now been calling for a debate under Rule 267, which entails voting, and a statement by Prime Minister Narendra Modi.
The minister asked jewellers not to recover transaction charges for use of debit or credit cards from customers.
Along with Modi, senior BJP leaders including Rajnath Singh, Amit Shah, Nitin Gadkari, Nirmala Sitharaman and S Jaishankar, all ministers in Modi 2.0 Cabinet, took oath as cabinet ministers at the Rashtrapati Bhavan. In all, 71 ministers were sworn-in along with Modi, taking the strength of the Union council to 72.
'An important dimension that shone through was the enormous pride in India, a general belief that as Indians we are starting to count globally and we are at the forefront of the world.'
Jet Airways chairman Naresh Goyal discusses the airline's entry into the United States.
While the Aam Aadmi Party is contesting on four seats, the Congress has fielded candidates for the remaining three seats.
Options include fresh capital infusion by the management and/or some new investors.
The change in ownership is necessary to conform to the government's foreign direct investment norms in aviation.
'No human bias is involved as happens in active funds.'
India, the US and 12 other members of the IPEF grouping have signed a supply chain resilience agreement that would help mitigate risks of economic disruptions from supply chain shocks and improve crisis coordination. The agreement would help member countries like India to reduce their dependence on China and provide timely information to the IPEF member countries about potential supply disruptions. The COVID outbreak severely disrupted the global supply chain, as most countries were dependent on China for various products like pharma raw materials.
India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. If the government has to consider providing incentives then it will only be for all EV makers and entrants who want to come to India, the official said. The official added that inter-ministerial discussions have happened on the customs duty concession demand of the US-based electric car maker Tesla, but "we never" came to any conclusion on those.
Here is the complete list of ministers in Modi 3.0 and their portfolios:
Over 65 Union ministers are likely to take oath, going by the visual of the meeting Modi held with his likely council of ministers.
'The man was carrying arms, one khukri, ganja and several identity cards of different agencies like BSF and others. He wanted to meet the CM. This is a serious issue. We are trying to find out what was his actual purpose'
Irani's deputy in the I&B ministry Rajyavardhan Singh Rathore has been given the charge of the key portfolio.
Jet Airways says its expansion plans are not linked with the $400 million qualified institutional placement issue
The government has convened an all-party meeting on Wednesday to deliberate on a host of issues related to Parliament's monsoon session, which will begin from July 20.
Ashish Goyal breaks new ground by becoming the first blind student in foremost finance school and first blind trader in the world.
The Bharatiya Janata Party suffered stunning losses in three Hindi heartland states, partial poll results showed Tuesday, forcing the party to rely on allies to form the government after a bitter and divisive election that was projected as a referendum on Prime Minister Narendra Modi's popularity.
Barely days after imposing a 40 per cent export tax on onions to cool down soaring prices, which, in turn, triggered widespread protests across the main growing belts, the Centre on Tuesday sought to mitigate both political and economic tensions gripping parts of Maharashtra. It decided to procure an additional 200,000 tonnes of onions at Rs 2,410 per quintal for its buffer stock from farmers, a rate that is strikingly close to the price at which they were being exported before the 40 per cent duty was levied on August 19. The export price before the imposition of the duty stood at around $320 per tonne free on board (approximately Rs 2,650 per quintal).
A day after stating that West Bengal Chief Minister Mamata Banerjee had a fall at her Kalighat residence 'due to some push from behind' leading to injuries on forehead and nose, state-run SSKM Hospital director Manimoy Bandyopadhyay on Friday clarified that all he meant was that the CM may have felt 'a sensation of push'.
Jet Air boss Naresh Goyal wants everyone to try his airline's superior service -- and he wants his breakfast on time.
The INDIA bloc has 95 MPs in Rajya Sabha of which 45 were suspended on Monday.
Among the bigwigs are Union ministers Amit Shah (Gandhinagar), Jyotiraditya Scindia (Guna), Mansukh Mandaviya (Porbandar), Parshottam Rupala (Rajkot), Pralhad Joshi (Dharwad) and SP Singh Baghel (Agra).
Choose a higher sum insured if you are going on a long trip, and if your age is above 45.
Do you know how to buy the best lady's fingers? Or choose the best cauliflower?
Soon after the House was adjourned, Goyal went to the chairman's chamber and leaders of many opposition parties followed him.
The top court had come down heavily on the ED and said it is not expected to be "vindictive" in its conduct and must act with utmost probity and fairness.
Prime Minister Narendra Modi was on Tuesday poised to form the government for a third consecutive term with the Bharatiya Janata Party-led National Democratic Alliance getting a majority in the Lok Sabha, notwithstanding crushing losses in three Hindi heartland states after a bitterly fought election that was projected as a referendum on his popularity.
Rajya Sabha Chairman Jagdeep Dhankhar, Prime Minister Narendra Modi and Lok Sabha Speaker Om Birla will lead a function in the Central Hall of Parliament on Tuesday to celebrate the country's rich parliamentary legacy and resolve to make India a developed nation by 2047.
Punjab Chief Minister Bhagwant Mann also joined the meeting at the Mahatma Gandhi State Institute of Public Administration in Sector 26 in Chandigarh.
Jet Airways Chairman Naresh Goyal will purchase over one per cent stake in the airline from another promoter entity, Tail Winds, for up to Rs 45 crore (Rs 450 million).
After the government's online monitoring system for the import of electronic hardware items went live on November 1, inbound shipments of laptops and tablets slipped in November to a nine-month low at $225 million, contracting 17.15 per cent year-on-year. This decline was primarily driven by reduced imports from Singapore (down 43.7 per cent), Hong Kong (down 27.4 per cent), and China (down 14 per cent), according to the data released by the commerce department. China accounts for approximately 83 per cent of such imports.
India's largest private carrier Jet Airways will report a full-year loss for 2007-08 fiscal and break even only in the financial year ending next March, said its chairman Naresh Goyal. Earlier in January, Jet Airways had reported a net loss of Rs 91.12 crore (Rs 911 million) for the quarter ended December 31, 2007 as against net profit of Rs 40.04 crore (Rs 400 million) for the year-ago period. Goyal expects Jet Airways to break even in the current fiscal, ending Mar 31, 09.
He asserted that the concept of 'one flag, one prime minister, one Constitution' was not a political slogan and the Bharatiya Janata Party firmly believes in the principle and finally implemented it with regard to Jammu and Kashmir.
A panel of Union ministers will hold a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including loan waiver and bringing an ordinance on giving legal guarantee to a minimum support price (MSP) for crops.
