India's commerce and industry minister Anand Sharma said that from 2012 the country would be able to attract 50 billion dollars annually.
President Pratibha Patil yet again came out with a strong defence of her foreign tours, saying she was forced to go public on the issue despite government clarifications.
Senior Congress leader Anand Sharma on Sunday raised concerns over India's drugs regulator granting permission for restricted use of Bharat Biotech's COVID-19 vaccine and asked the government to explain why mandatory protocols and verification of data has been dispensed with.
The objection based on the fear that domestic industry in Pakistan would be swamped by imports from India is specious.
Joined by leaders from all major parties, Modi paid tributes to the Bharatiya Janata Party stalwart, who died last week, at a condolence meeting.
The country's textiles and clothing exports are expected to touch $32.35 billion in the 2011-12 fiscal, Parliament was informed on Monday.
Well aware that the government cannot control inflation through RBI's monetary tools only, the Centre tried to inbuilt a supply-augmenting mechanism in the economy by opening multi-brand retail to 51 per cent FDI, but vehement opposition from the Opposition and even some of the United Progressive Alliance allies forced it to hold back the decision.
India's trade minister Anand Sharma said on Sunday that the government would come up with a comprehensive foreign trade policy in August.
Prime Minister Manmohan Singh's music sense... Starlet Nupur Mehta's proud parents... Ghulam Nabi Azad is disillusioned... Congress's coup attempt... Anand Sharma, the already chief minister... All this and more in this week's Dilli Gupshup.
Commerce and Industrial Promotion minister Anand Sharma's rise in government has been dizzying, which is why his current setback is also precipitous. Ahead of the cabinet meeting that took place after Sharma's project -- to ensure the approval of Foreign Direct Investment (FDI) in retail -- was given the thumbs down, his colleagues are asking some searching questions and seeking some hard answers.
The vice president met Leader of the party in Lok Sabha Mallikarjun Kharge, P Chidambaram and Deputy Leader of the party in Rajya Sabha Anand Sharma, among others and discussed various points regarding the key tax reform legislation.
Upholding principles was a luxury when there were charismatic leaders capable of winning elections without stooping low to indulge in identity politics, observes Virendra Kapoor.
The government has announced several incentives for exporters to explore new destinations under focus market and focus product scheme.
Commerce and Industry Minister Anand Sharma on wednesday said the Reserve Bank of India would have to step in to stem the downslide of rupee.
Bilateral trade between India and Pakistan may touch USD 10 billion by 2015, if trade and investment barriers are removed, CII said.
No one else filed papers till Sunday, according to Mullapally Ramachandran, the chairman of the party's Central Election Authority.
A day before the start of the Budget session of Parliament, as many as 18 opposition parties, led by the Congress, the Nationalist Congress Party, the Shiv Sena and the Trinamool Congress, decided on Thursday to boycott the President's address to the joint sitting of both Houses in solidarity with the farmers protesting against the new farm laws.
India and the United States on Wednesday agreed to fast-track technical negotiations for early conclusion of a Bilateral Investment Agreement during a meeting between Commerce and Industry Minister Anand Sharma and US Trade Representative Ron Kirk.
The RBI is scheduled to review its short-term lending rates on Tuesday, amidst apprehensions that it may not go in for interest rate cut even as the pause on the hikes may continue.
"India and Indonesia can do much more in the changing world," Sharma said at a reception hosted by the India-Indonesian Chamber of Commerce last night.
Meeting on Tuesday to decide on letting foreign airlines buy into domestic ones.
The chief minister said that he had received Sharma's letter regarding the union cabinet's decision for liberalisation of the Foreign Direct investment policy in multi brand retail.
Congress President Sonia Gandhi on Tuesday asked party leaders from Himachal Pradesh to put up a united front and help the party regain power in the state.
Leveraging the India-ASEAN Free Trade Agreement, India wants to double its commerce with Myanmar and diversify the bilateral engagement to agro-research and natural gas exploration.
Annual event being organised by FICCI focuses on the investment potential offered by India's infrastructure sector.
The radical nature of the trade package is sure to take everyone's breath away when Manmohan Singh meets Bangladeshi Prime Minister Sheikh Hasina.
Sharma was speaking to reporters after Coca Cola Co chairman and CEO Muhtar Kent met him at his office.
There was, however, no common ground between the government and the traders delegation as Commerce and Industry Minister Anand Sharma made it clear to them that there was no question of rollback of the decision to open the multi-brand retail to foreign investment.
Keen on expanding oil and gas explorations in Vietnam's East Sea, energy-hungry India today said it will be a "win-win" situation for both the economies.
The guidelines regarding the decision to allow 51 per cent FDI in the multi-brand retail will be issued by next week.
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.
Industry is of the view that rising interest rates is increasing the input cost as loans are getting costlier.
Marking further cementing of bilateral ties, a haat (rural bazaar) on the India-Bangladesh border in Meghalaya was inaugurated on Saturday.
Anand Sharma, Union Commerce Minister, crossed over to Pakistan early Monday morning with a large delegation comprising of officials of his ministry, members of the trade chambers and journalists to launch India show in Lahore where goods from India would be displayed for the visitors who are keen to buy them.
Without making big-ticket changes in the economic ministries, Prime Minister Manmohan Singh on Tuesday shifted Law Minister M Veerappa Moily to the ministry of corporate affairs and inducted young Milind Deora in his council of ministers.
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.
"Horse trading band karo (Stop horse trading of MLAs)," Congress members shouted from the well.
Commerce ministers of the three countries, who met in Pretoria on Tuesday, also decided to hold formal annual trilateral talks to boost intra-IBSA trade.
"We are seriously considering raising the bar further- that means to allow increased FDI," Commerce and Industry Minister Anand Sharma said at a CII event on Indian luxury market.
Congress members of Parliament led by Rahul Gandhi on Monday staged a protest outside Parliament House demanding removal of Union Minister V K Singh for his "dog" remarks.
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