Developed countries who practice protectionism should not have high expectations from developing countries to open up their markets in sensitive sectors like agriculture, Union Commerce and Industry Minister Arun Jaitley said on Tuesday.
The Centre was seized of the issue of the continuing appreciation of the rupee against the dollar adversely affecting the exporting community, Union Commerce and Industry Minister Arun Jaitley said on Saturday.
Thirty-five of the 77 Union ministers have failed to file annual details of their assets and liabilities before Prime Minister Manmohan Singh even over a month after the passage of the deadline.
India and China on Friday decided to intensify further their bilateral economic cooperation and speed up the implementation of the agreements signed during Prime Minister Atal Bihari Vajpayee's historic visit in Beijing in June.\n\n\n\n
South Asia Free Trade Agreement will come into effect from January 2006, Lok Sabha was informed on Tuesday.\n\n
Foreign direct investment inflows to India increased by 67.6 per cent year-on-year to $2.38 billion in the first six months of the current fiscal ended September 30.
Initiating the debate on the bill from the opposition's side, Congress leader Sonia Gandhi said that any delay in bringing the reservation into effect would be "gross injustice" to Indian women.
Taking a dig at those opposing the ongoing economic reforms in the country, Union Commerce and Industry Minister Arun Jaitley has said the post-liberalisation gains were overlooked in the prevailing ''syndrome of cynicism''. \n\n\n\n
The government will treat sales from domestic tariff area to Special Economic Zones as exports in a bid to attract more foreign direct investment, which could turn out to be an engine of growth.
'The sixth seat was a risk for the MVA, but Uddhav Thackeray took the risk,' Pawar said. 'In politics, one has to take risks.'
Riding high on the prospects of a bullish Indian economy, the government has set a target of $92 billion for merchandise export for the current fiscal and said the high trade deficit seen in April was "not a matter of concern."
Appreciation of the rupee against the US dollar was adversely affecting the country's export growth, Union Commerce and Industry Minister Arun Jaitley said on Tuesday.
He said it is indicative of the Indian economy's strength as a rich knowledge base.
The government on Tuesday said the surge in imports during the first quarter of 2003-04 posed no concerns and the increase was mainly due to the rise in industrial production.
The project, the agreement for which was signed way back in 2009, had been gaining strategic relevance over the years as India-China ties took a hit.
To further encourage the country's huge export growth of over 20 per cent this fiscal compared to last year, the Centre has embarked on "total simplification" of the procedures by this year end.
The government on Monday said the import of sensitive items in the first 8 months of the current financial declined by 0.5 per cent over previous year.
The appreciating value of the Indian rupee against the US dollar is unlikely to have any major impact on Indian exports, Union Commerce Minister Arun Jaitley said on Monday.
It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.
Commerce minister makes strong case for food subsidy to poor.
On September 7, the trade unions have called a dawn to dusk bandh to protest against rise in price of daily commodities and, once again, fuel price hikes.
The stormy second part of Budget Session continues. Both houses of Parliament have been facing continuous protests by opposition parties over issues like fuel price hike.
Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.
The number of internet users in rural India increased 18 percent last year, faster than growth in urban areas and continuing a trend that started two years ago. Internet users in urban India increased 5 percent in 2021. Rural India has 351 million users, or 37 percent of people there, according to a report by the Internet and Mobile Association of India (IAMAI) and data analytics company KANTAR.
The move is aimed at dealing with any possible emergency situation on account of a spurt in coronavirus cases.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
India and Australia would now implement the free trade agreement on a mutually agreed date as the Australian Parliament on Tuesday approved the pact between the two countries. "BREAKING: Our Free Trade Agreement with India has passed through parliament," Australian Prime Minister Anthony Albanese said in a tweet. The India-Australia Economic Cooperation and Trade Agreement (AI-ECTA) needed ratification by the Australian parliament before its implementation.
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Maharashtra Congress accused the govt of being biased against the state, and claimed that it was planning to reduce the importance of Mumbai as the financial capital.
The senior most among the five judges, whose names were officially announced by the Centre on Saturday, is Justice Mithal whose parent cadre is the Allahabad high court.
E-commerce sites like Amazon, Flipkart and Snapdeal have to ensure that the country of origin is displayed on imported products sold on their platforms, the Centre told the Delhi high court on Wednesday.
We have a government with an extremely weak economic team advising a PM who hardly pays attention to their thoughts, says Jayanta Roy.
