Union Commerce Minister Kamal Nath met US trade representative Susan Schwab in New York on Thursday evening. He said the meeting led to 'much more convergence' between the two countries than last year on the feisty issues relating to the WTO negotiations. The minister arrived in New York to release his book 'India's Century' and to meet Schwab in yet another bid to achieve a breakthrough on the issue of agriculture subsidies that are at the core of WTO negotiations.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
A recent study by Nasscom suggests that only a fourth of the 400,000 students graduating every year in the country are employable.
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
According to the Kyoto protocol, one carbon credit can be earned by reducing a tonne carbon dioxide. One carbon credit is worth $10 as per the UN Framework Convention on Climate Change (UNFCC) guidelines.
The plantation sector was dominated by small growers to the extent of 60 per cent. The industry directly employed 20 million people and contributed 9 per cent of agricultural exports.
"The protest by the Left is a reflection of their ideology. It is inappropriate," Nath said in Chhindwara, his Lok Sabha constituency.
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.
Bengal Finance Minister Amit Mitra expressed confidence in GST.
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
The Cabinet on Thursday approved the stand taken by India at the recently concluded WTO meeting in Bali which endorsed New Delhi's point of view with regard to food security plan and trade facilitation pact.
Do you think foreign funds should be allowed in India's higher education sector? Will it be a boon or curse for the Indian economy? Or does it sound silly to run foreign playschools, colleges and universities in India?
India is giving priority to boost trade with European Union and foresees no difficulty in signing a free trade and investment agreement with EU, notwithstanding wide differences between the two sides in the WTO over the Doha Round of trade talks. India and EU are negotiating a free trade and investment agreement aimed at phasing out and eliminating import duties on a large number of trade items.
Court cases likely over interpretation of the new levy proposed in the Budget for digital economy.
According to officials, Punjab, West Bengal, Maharashtra, Assam and Telangana wanted the lockdown to be continued, some of them wanted the powers to decide the zoning of districts -- green, orange and red -- as per the COVID-19 situation.
Commerce Minister Kamal Nath is pushing for a major policy change, one that would result in foreign travellers to India being refunded the value-added tax they pay on purchases made here.
The transition from the state into two Union territories of Jammu and Kashmir, and Ladakh on Thursday was met with a complete shutdown in the the valley as shops and other business establishments were shut, and public transport were off the roads.
'That would be ridiculous and uncharacteristic of the PM.' 'It is also not how things happen in illiberal States.' 'In such places, lower-level functionaries of every rank and hue seek to ingratiate themselves with the highest authority by going pell-mell after dissenters and outsiders,' points out Mihir S Sharma.
Rajya Sabha took up the discussion on The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill that have already been passed by Lok Sabha.
Consultancy Services CEO S Ramadorai was named Manager Entrepreneur of the Year.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
After reproaching the International Monetary Fund for its attack on India's SEZ policy, Union Commerce Minister Kamal Nath has criticised the Reserve Bank for its 'inconsistent approach' towards special economic zones. \n
The marshals will be provided specialised axes to snip wires and break glasses.
India was on Friday guarded in its reaction to European Union farm ministers' 'historic' accord to reform its disputed Common Agricultural Policy.
A total of 728 applications have been received till July 18, 2016 for Start Up recognition.
The government is looking concerned over the rising cement prices. On Friday, Union Commerce Minister Kamal Nath met the members of the Cement Association, where he asked them to address the issue by taking effective steps.
With a comprehensive SEZ Act in place, the Union Commerce and Industry minister Kamal Nath said his ministry would go ahead with the plans to develop SEZs across the country, despite oppositions from the finance ministry.
Exports are slowing and economic growth in major markets for Indian goods has taken a hit.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
World Trade Organisation chief Pascal Lamy has said that a final agreement in global trade talks is possible.
India had imposed stringent norms regarding the use of colouring agents in spices bound for foreign markets and there was no possibility that chilli powder exported to the European Union could have carcinogenic substances in them, Commerce Minister K
The Union government said Saturday that the new Exim Policy, aimed at boosting export competitiveness by reducing transaction costs and procedural simplifications, would be announced in July.
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