The development of the industrial corridor will bring about a revolution in the use of green technologies.
Union Minister for Commerce and Industry Anand Sharma has shrugged off the recent irritants that have cropped up less than six weeks before US President Barack Obama makes his visit to India as 'transient negativity', and predicted they would 'get dissipated' soon.
The centre will be cautious in withdrawing the fiscal stimulus packages given to key-sectors and will do so only after ensuring growth is sustainable in the economy, Union Minister for Commerce and Industry Anand Sharma said.
Keeping in view the approaching Lok Sabha elections, the All Indian Congress Committee has appointed a battery of high-profile spokesmen for the Congress to showcase the achievements of the last 10 years of United Progressive Alliance government and publicise the various sectors where the UPA has performed. Renu Mittal reports
The talks for normalising trade had begun in November 2011.
US President Barack Obama would meet Prime Minister Manmohan Singh on the sidelines of the G-20 Summit in Toronto, a top Indian official said Wednesday. "The Prime Minister would be traveling for the G-20, he will be meeting President Obama," Union Minister of Commerce and Industry Anand Sharma told Indian media-persons in Washington.
Seeking to spur foreign investments, Finance Minister P Chidambaram has said the Union Cabinet will decide on raising FDI caps in different sectors in the third week of this month.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
Currently, 100 per cent FDI is permitted in brownfield pharma firms through clearance from the Foreign Investment Promotion Board.
The target of $500 billion in bilateral trade by 2020 is doable, feels Anand Sharma.
The first such proposal in the sector has come from the joint venture between Tata-Trent and Tesco Plc, which will open outlets simultaneously in these two states.
No one's quite sure on the retail FDI issue in this regard, after the new Rajasthan and Delhi governments cancelled the approvals given by their predecessors
As hard bargains continue for the next four days at the picturesque tourist resort of Indonesia, the ministers., including from the influential developed countries will try and reach agreements on providing windows to the developing nations for their food security programmes and a pact to free the global trade from the procedural hassles at the customs.
Shashi Tharoor has also been retained as the chairman of the panel on Information Technology.
.jpg)
Trade ministers and diplomats from around 130 countries are participating in the four-day meeting that started on Tuesday.
India's IT services sector witnessed 4.2 per cent growth in 2012-13.
Refusing to budge from its tough stand on food security issues, India pressed for a fair and balanced outcome of the WTO ministerial meeting in Bali.
China, Indonesia ready to agree to a four-year interim solution.
UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to be announced in the new year.
Union Minister for Rural Development Jairam Ramesh continues to be the rising star in Rahul Gandhi's Congress. With the Congress war room at Gurdwara Rakabganj Road being re-designated as the Congress Coordination Centre, Ramesh has been appointed as the convenor of a small group which would look after the co-ordination work for the 2014 Lok Sabha elections.
As a row erupted over his meeting with Mumbai terror attacks mastermind Hafiz Saeed, journalist Ved Pratap Vaidik, considered close to Baba Ramdev, on Monday rejected suggestions by Congress that he might have acted as government's envoy, saying he was "nobody's envoy but my own".
The Congress, however, said it wanted to see the final print on the wording of the dispute resolution mechanism before committing its support to the Bill
The prime minister is likely to talk about its possible extension.
The finance minister admitted that there was no quick-fixes to economic problems and the government is working to stabilise the economy which may take time.
Since allowing FDI in multi-brand retail has been left to the states, Indian companies may not benefit as foreign investors are wary of the politics.
Most of the opposition parties blamed Rashtriya Swayamsevak Sangh-affiliates for the cow vigilantism.
A glance back at some of the important ups and down Indian Inc faced in 2018.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances