However, the farmers are still protesting, demanding a law on MSP. Besides MSP, the farmers are also demanding a resolution for the livelihood of the families of the 700 farmers who died while protesting against the three farm laws.
Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.
India imported goods worth $4.23 billion in June from sanctions-hit Russia, up 6.8 times as compared to last year, as demand for shipments of crude oil grew at the fastest pace during the month. Crude oil worth $3.02 billion was imported in June, which translates into a share of 71 per cent of the total imports from Russia, commerce and industry ministry data showed. Similarly, during the April-June quarter, India's imports from Russia were valued at $9.27 billion, up 369 per cent on year.
The Centre is looking to convene a meeting of the all-powerful Goods and Service Tax Council in early January. The meeting is likely to focus on rectifying the inverted duty structure for a few more items and will also serve as a platform for pre-Budget discussions between Union Finance Minister Nirmala Sitharaman and state finance ministers, Business Standard has learnt. "The current Winter Session of Parliament ends on December 23, followed by the Christmas-New Year period. "After that we would like to have a meeting of the GST Council, depending on whether there can be a quorum," a top government official said.
Tomar said the union leaders kept insisting on repeal of the three farm laws, but the government side tried to explain them the benefits of the Acts and sought to know specific problems faced by the farmers.
The development came a day after the protesting farmers rejected the Centre's offer to start talks as soon as they move to Burari and continued to stay put Singhu and Tikri borders of the national capital.
The government was close to imposing presumptive tax and the goods and services tax on the gems and jewellery sector
The seventh round of talks between protesting unions and three central ministers ended inconclusively on Monday as the farmer leaders insisted on the repeal of the three contentious farm laws right from the beginning, even as the government listed various benefits from the Acts.
Here's a recap of events that occurred in India in the past 24 hours.
Goyal wondered why an e-commerce market place model, where a firm provides an IT platform for buyers and sellers, was incurring such huge losses adding that it needs to be looked into.
The minister also said that we should not paint the entire private sector companies as villains because of one bad firm. He said that the government will take steps to restore investor confidence, but did not elaborate on the issue.
Former Union minister and Bharatiya Janata Party member Arun Shourie on Saturday said that China was a greater threat to India than Pakistan. Shourie said that since Pakistan was busy with its own problems now, this had given some respite to India as the number of killings had come down significantly in Kashmir. But China had been entering into countries with 'comprehensive national strength' with long-term objectives.
'The reshuffle was expected to show some sign about the BJP's awareness of the looming difficulties.'
'But there is no certainty that the new inductees will be able to breathe life into the government,' says Amulya Ganguli.
India has expressed its disappointment over non-reaffirmation to conclude 14-year-old Doha Round pacts
Farmer leaders on Saturday said the protesting unions stand firm on their demand of a complete repeal of the three agri laws and asserted that they are ready for talks with the government, but that should be held without any condition.
Exports have to be the growth story of any country in the world and it is the same for India
The government on Thursday asked farmer groups to consider its proposals for amending the Acts to address their concerns and said it was open to discussing its offer further whenever the unions want.
Agriculture Minister Narendra Singh Tomar on Monday replied in the negative when asked in the Lok Sabha if the government proposes to give compensation to the families of farmers who have died during the ongoing agitation against new farm laws.
The new Foreign Trade Policy, to be unveiled on April 7, would focus mainly on attracting foreign direct investment and generating employment for the youth.
Former Union minister and Telugu Desam Party founder N T Rama Rao's daughter D Purandeswari on Friday joined BJP after quitting the Congress over the Telangana issue.
A day before the crucial talks between the Centre and the protesting farmer unions, Union Agriculture Minister Narendra Singh Tomar on Thursday said the government is ready to consider any proposal other than repeal of three farm laws, the key demand of the farmers.
"Rahul Gandhi along with opposition leaders met President and submitted the memorandum to resolve farmers' issue. But there was no action from the President and the government. Rahul Gandhi will lead demonstration tomorrow at 10:45 am from Vijay Chowk to Rashtrapati Bhavan with Congress MPs," Suresh said.
Vipul Goel sought changes in the Bollywood film, saying that films based on historical facts, while exercising the freedom of thought, should also keep in mind the people's sentiments and culture.
Cardamom auction crossed a milestone on Thursday when the first-ever e-auction of the commodity was inaugurated by Union minister of state for commerce Jairam Ramesh at Bodinayakannur.
According to Sanjeev Chopra, secretary of the horticulture and food processing department of West Bengal, steps were being taken so that exporters from the state could sell overseas at least 1 per cent of the total state produce through the AEZs.
The Union Cabinet, headed by Prime Minister Narendra Modi, also observed silence for two minutes in the memory of Mukherjee.
Agri export zones need to be replaced by a structure capable of pursuing a more pro-active marketing strategy and social organisation to increase agricultural exports and deliver benefits back to farmers.
Emphasising on greater transparency at the World Trade Organisation, both India and China have said no last minute surprises should be sprung on negotiators.
India has warned the developed world not to confuse subsidies with tariffs and said if a country like the US wanted "headroom" for distortions in subsidies the developing world will be seeking the same for tariffs.
The Union Minister of State for Commerce, Jairam Ramesh has announced that trade across the Line of Control will start as soon as a government is installed in Pakistan. In all 23 items of trade will move across the LoC. Nine of these 23 items have been proposed by Pakistan and 14 by India. Once started, the trade across LoC will add another significant milestone to the ongoing Indo-Pak peace process. The foundation stone for ITC for trade exhibitions was laid near Srinagar.
National Aluminium Company Ltd has won the Engineering Export Promotion Council's All India Export award in the "star performer" category for 2005-06, the firm said on Friday.
Pirates won't have it easy any more as the organised market gets savvy.
Kaur, the Union Minister of Food Processing Industries, is the only SAD representative in the Modi government.
Senior leaders within the Congress now say the party could accommodate the government's argument that the GST rate cannot be stipulated within the Constitution.
Some leaders also threatened that they will boycott the scheduled sixth round of talks with the government on Wednesday at Vigyan Bhawan, while others said their next course of action will depend on what amendments the government assures in writing, which they claimed was promised by Shah in Tuesday's meeting.
The development comes amid a growing clamour for the boycott of Chinese products in India, combined with the government's push for Aatmanirbhar Bharat.
Farmers protesting the Centre's three farm laws on Saturday blocked the six-lane Kundli-Manesar-Palwal (KMP) Expressway at some places in Haryana to mark the completion of 100 days of their agitation at the Delhi borders.
Tomar discussed with Singh 'all possible options' to find a 'middle path' to resolve the crisis, sources added. Singh, who served as agriculture minister in the erstwhile Atal Bihari Vajpayee cabinet, has emerged as a key troubleshooter and is working mostly behind the scenes on this issue.
Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.
Tikait said that farmers under the BKU will not accept anything less than a complete rollback of the laws.
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