The chairman and CEO of Dow Chemicals Andrew Liveris will not attend the Indo-US CEO Business Forum meeting scheduled to be held in Washington.
Finance Minister Pranab Mukherjee is leading a high-powered team of policymakers, including Commerce Minister Anand Sharma and Planning Commission Deputy Chairman Montek Singh Ahluwalia at the India-US CEOs Forum.
Commerce Minister Anand Sharma and Planning Commission Deputy chairman Montek Singh Ahluwalia will also participate in the India-US Business CEOs Forum Meeting.
The issue, which has an impact on the Indian IT industry, came up for discussion between visiting US Commerce Secretary Gary Locke and Commerce and Industry Minister Anand Sharma in New Delhi.
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.
"In the next five years, we are aiming to have $ 250 billion FDI coming into India," Commerce and Industry Minister Anand Sharma said at a CII function in New Delhi.
A week ahead of the RBI reviewing the monetary policy with expectations of a policy rate hike, Commerce and Industry Minister Anand Sharma has cautioned that raising cost of borrowing "may not be suitable" tool to rein in inflation.
India and US have agreed to redouble their efforts to iron out the key trade and economic differences between both the countries before the visit of President Barack Obama to New Delhi in early November.
Prime Minister Narendra Modi on Sunday assured at the all-party meeting that the government is ready to discuss all issues.
South African President Jacob Zuma thanked Commerce Minister Anand Sharma for India's support in the matter, when the two met here this morning. India had been lobbying for South Africa's inclusion.
The development of the industrial corridor will bring about a revolution in the use of green technologies.
India on Tuesday said that several actions taken by the US with regard to offshore outsourcing and other trade issues are "not welcome at all".
The project is aimed at developing an industrial zone spanning six Indian states.
Commerce and Industry Minister Anand Sharma has said India will not "rush to" the World Trade Organization (WTO) over the "regressive" steps taken by the US recently, which include an increase in the visa fee and a special levy on foreign manufacturers.
Prime Minister Manmohan Singh will review the proposed bilateral trade and investment agreement between India and the EU at the meeting of the Trade and Economic Relations Committee (TERC) on May 29.
Given the return of near 9 per cent growth, and that too a more broad-based growth covering rural and urban areas, and against the background of rising support prices for farmers, it is now clear that excess demand has come to play a larger role in exerting pressure on the price line.
The body of the former minister, wrapped in a tricolour, was brought to the crematorium in the afternoon from the BJP headquarters, where it was kept for few hours for people to pay their respects.
Indian Commerce and Industry Minister Anand Sharma met his counterparts from the ten Asean-member nations to review the progress of negotiations at Da Nang.
Commerce Minister Anand Sharma offered 'four principles' to break the impasse in the stalled-Doha trade negotiations, insisting that only a pronounced shift towards 'development objectives' could enable 'developing countries to bring more to the negotiations'.
Angry members of the Congress and other opposition parties forced adjournments of the proceedings as they questioned the NOTA provision for these elections.
Currently, trade between India and Africa stands at about $45 billion.
Earlier this week, commerce secretary Rahul Khullar met EU director-general for trade David O'Sullivan to review the progress so far. Several differences mired the process over EU's insistence on including social issues such as human rights, labour policies and climate change within the FTA purview.
Jaitley said India needed to grow by additional 1-1.5%.
Charging the multinational companies with making several drugs beyond the reach of the poor, visiting Commerce Minister Anand Sharma today asserted it is the Indian generics which have challenged such a "suffocating stranglehold" and made the medicines affordable.
The successful conclusion of the Doha round of trade negotiations would substantially augment global trade, Indian Minister of Commerce and Industry Anand Sharma said here.
Commerce and Industry Minister Anand Sharma said he had strongly brought up India's concern over the denial of professional visas for its workers, in his meetings with senior Obama Administration officials.
India will unveil a single policy for foreign direct investment, including in sectors such as financial services, insurance and banking by March 31, Commerce and Industry Minister Anand Sharma has disclosed.
Raising the issue, Leader of Opposition Ghulam Nabi Azad said the prime minister should come to the House and clarify on what he said, as his charges that his predecessor was "conspiring" with Pakistan was "a big issue."
The agreement that provides for both India and ASEAN reducing tariff on agreed goods has come into force with all but Cambodia and Philippines.
Contesting the US charge that Indian FDI rules are "opaque", Commerce and Industry Minister Anand Sharma on Tuesday said the country follows a simplified direct investment regime.
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.
The US controls exports of sensitive equipments, software and technology.
If economic pundits and analysts are to believe, India's growth story presents a rosy picture and it is destined to be a significant economic power soon.
The country would also ink the free trade pact with Malaysia in the same week.
This is the first full-scale review of VIP protectees by the Union home ministry after the Modi 2.0 government took charge.
Noted lawyer and Bharatiya Janata Party candidate Ram Jethmalani and Union Commerce Minister Anand Sharma were on Thursday elected in the Rajya Sabha polls in Rajasthan, while a Congress-supported Independent candidate was defeated.
India will make yet another effort at the ministerial level to give a push to Doha Round of WTO trade talks before leaders of the G-20 meet in Seoul next month.
The letter was not a challenge to leadership but a parchment of action to strengthen the party, Congress MP Vivek Tankha asserted, while former union minister Mukul Wasnik said those who saw the letter as an "offence" will also soon realise that the issues raised are worth consideration.
The Congress on Tuesday stepped up its attack on the Bharatiya Janata Party government for allowing European Union MPs to visit Kashmir while denying permission to Indian parliamentarians, and termed it a "national embarrassment".
The fresh initiative by Commerce Minister Anand Sharma to meet ambassadors of the key members of the World Trade Organisation (WTO) in Geneva, in a bid to revive the deadlocked Doha round of trade negotiations, is well-timed though a positive outcome may be doubtful.
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