Exports were up 0.8 per cent in Jan while imports rose 6 per cent.
Sources claimed that in the meeting, it was also discussed to close the Red fort from 20th January to 27th January and a clarification was sought from Delhi Police.
'A close relationship between India Inc and the government cannot help the BJP win elections.' 'While Opposition parties may feel good about Mr Bajaj criticising the Modi regime, the BJP should be seeing the indictment as a political boon,' says A K Bhattacharya.
The government is planning to liberalise the terms and conditions for the sale of the national carrier. The Centre is still pursuing the option of selling the airline's subsidiaries before the airline itself, in order to deal with an outstanding debt of around Rs 27,000 crore.
Says it is ready to show flexibility on all major issues
While the 27-nation bloc is pressing hard for a significant duty cut in automobile sector in the proposed Broad based Trade and Investment Agreement, Indian industry is strongly opposed to such a move.
Efforts are on to convince West Bengal Chief Minister and Trinamool Congress chief Mamata Banerjee to support FDI in multi-brand retail which is coming up for consideration of the Union Cabinet on Thursday evening.
Commerce and Industry Minister Anand Sharma and European Union Trade Commissioner Karel De Gucht concluded another round of talks on Monday at the European Commission headquarters in Brussels, which the Commission said 'provided a renewed momentum to bring the negotiations forward'.
India clearly told the EU it would 'not accept' any further concession, as far as the automobile sector was concerned.
The issue was taken up at a meeting in New Delhi between Commerce and Industry Minister Anand Sharma and visiting Polish Foreign Minister Radoslaw Sikorski.
Union Minority Affairs Minister Salman Khurshid, who has been elevated to Cabinet rank in Wednesday's reshuffle, had worked on many a party and governmental positions in the past. Khurshid, who is a Member of Parliament from Farrukhabad parliamentary constituency, had in the past served as junior minister of commerce and minister of state for eternal afairs during the 10th Lok Sabha (1991-96). Between 1996 and 2009,
The FM said an announcement with regard to the additional steps will be made after consulting Prime Minister Narendra Modi.
Bengal corporate leaders on Thursday termed the 2013-14 Union budget a reformist one and said despite being the last budget of United Progressive Alliance before it goes to poll, Finance Minister P Chidambaram restrained from being populist.
'The government till now said that we did not want a meeting, now that we have specifically told them when, where and what of the meeting, there is no response from them'
All those in the Union council of ministers with two portfolios are likely to lose at least one and major administrative changes are expected in a Cabinet reshuffle due on October 28 or 29 on the return of President Pranab Mukherjee from Durga Puja celebrations in West Bengal.
Student groups on Facebook are garnering support for a proposed protest against Gujarat Chief Minister Narendra Modi who is scheduled to deliver the annual 'Shri Ram Memorial Oration" as part of Shri Ram College of Commerce's management festival 'Business Conclave 2013' on Wednesday.
With both the factions pledging their support, the BJP believes that the natural corollary is for them to now merge and retain the two-leaves election symbol, a view shared by the prime minister as well.
Signing of the two pacts -- FTA in services and investments -- were scheduled during the India-ASEAN Economic Ministers meeting in Myanmar last week. But the meeting was postponed as Commerce and Industry Minister Nirmala Sitharaman was not able to attend the meet due to domestic compulsions.
Growth and economic reforms in India must take centre-stage again and acts of corruption or security concerns should not distract the attention of the government and the people, said Union Home Minister and former finance minister P Chidambaram recently.
General Budget is a terminology earlier used to differentiate between the Union Budget with the Railway Budget. Full-fledged budgets are titled "Union Budget", while interim Budgets are titled just that.
The talks for normalising trade had begun in November 2011.
In a move aimed at checking the revenue loss stemming from Indian shoppers purchasing luxury brands abroad, the government on Friday said it could rationalise import duties."India has high tariffs and we recognise that if you go abroad and buy, then it is a revenue loss for India. So we are working on both duties and countervailing duties," Union Commerce Minister Kamal Nath said.
Chidambaram has not been named as an accused in the FIR and the CBI is yet to file a chargesheet in the matter.
Afghan President Dr Mohammad Ashraf Ghani will be paying a three-day state visit to India beginning on Monday, during which he would meet Prime Minister Narendra Modi and attend delegation-level talks.
'India has an advantage because we produce more cotton and we have more workforce.'
German Chancellor Angela Merkel had assured the Greek leaders her continued support for the country to remain in the euro zone when she last Wednesday made her first visit to Athens in nearly three years.
The $31-billion company, which sources around 30 per cent of its global consumption from India, had also criticised the Indian government for not opening foreign direct investment in single brand retailing.
Government gives 60 institutes freedom to fix courses, collaborate with foreign peers.
The 21-day coronavirus lockdown in force since Wednesday has triggered a mass exodus of migrant workers across the country since the last few days.
Many political detainees have been released but former chief ministers Farooq Abdullah, Omar Abdullah and Mehbooba Mufti, who were whisked into custody in the early hours of August 5, 2019, are still in preventive detention.
Union Home minister P Chidambaram on Thursday criticised Trinamool Congress ruled West Bengal, a major ally of the Congress-led United Progressive Alliance at the Centre. He said 82 people had been killed in 455 cases of inter-party clashes in the last six months, which was "a matter of concern''.
A lawyer has moved the court alleging 'total collapse' of administration.
FDI is a major driver of economic growth and a source of non-debt finance for the economic development of the country. The government has put in place an investor-friendly policy on FDI, under which investment up to 100 per cent is permitted on the automatic route in most sectors/ activities. At $ 64.37 billion, FDI in 2018-19 is the highest ever investment received for any financial year.
The numbers, however, appear to be in favour of the ruling dispensation to get these bills passed from Rajya Sabha, while the lower house has already cleared them despite a key NDA member Shiromani Akali Dal vehemently opposing them.
The Forum will host a special session on 'The reality of terrorism', to be initiated by Union home minister P Chidambaram. The deputy chairman of the Planning Commission, Montek Singh Ahluwalia, and commerce and industry minister Anand Sharma will be part of the Indian delegation.
For many years now, India has given the Commonwealth short shrift so its support for the Commonwealth trade initiative signals a renewed interest in the body.
The high-level panel also asked the government to work towards re-orienting subsidies in a targeted manner from the crop sector to the non-crop sector and redesign the electronic National Agriculture Market.
The government on Thursday announced the Interim Trade Policy with more incentives to the exporters.