Besides addressing a high-level meeting of the US-India Business Council at Washington on June 17, Sharma will hold discussions with the US secretary of state Hillary Clinton. During his three-day engagements, the commerce and industry minister would meet US Commerce Secretary Gary Locke and US trade representative Ronald Kirk.
India on Monday emphasised the need for resuming talks on the WTO's stalled Doha Round, stating that the negotiating text for global trade can be the staring point for further talks.
The Congress officially said the party stands in support of its senior leader while accusing the government of "persecuting" its citizens for speaking truth to power.
The government will unveil measures in the Budget for helping exporters who are hit hard by recession in the developed economies, new Commerce and Industry Minister Anand Sharma said on Friday.
At present, there is no direct air connectivity between India and Myanmar.
India will intensify its global economic engagement in sync with the country's profile and the government will take 'every possible step' to give a filip to the industry, new commerce and industry minister Anand Sharma said on Friday. Sharma is taking charge of the trade ministry at a time when India's exports have suffered a severe setback due to the global downturn.
A policy change on full convertibility of rupee is not possible at present, commerce and industry minister Anand Sharma said in New Delhi. Even finance minister Pranab Mukherjee said on Wednesday that 'we welcome the deal but it should in the context of existing laws of the land'.
The RTI reply also stated that the interception of communication was being carried out in accordance with the Telegraph Act of 1885 and Telegraph (Amendment) Rule of 2007, a clause that finds a mention in the clarification issued by the government over the December 20 order.
On his maiden visit to New Delhi to attend the two-day informal ministerial meet on Doha round, Kirk told reporters in a teleconference that he would be back to New Delhi in just over a month for 'continued talks' relative to the Trade Policy Forum.
Commerce and Industry Minister Anand Sharma said he expected exports to reach $200 billion in the financial year ending March 2011.
India is the world's largest diamond cutting centre.
India on Thursday extended tax holiday and duty refund for exporters, while allowing duty free capital goods import under its Foreign Trade Policy to insulate them from protectionism induced by recession abroad. Unveiling the five-year policy, Commerce Minister Anand Sharma set a target of $200 billion worth exports for next fiscal, a feat that India failed to achieve in 2008-09 due to a slump in global demand in the face of financial crisis.
Congress leaders led by Sonia Gandhi marched from the Congress headquarter in New Delhi to the residence of Manmohan Singh to express solidarity with the former prime minister, who has been summoned as accused by a court in a coal scam case.
PM Narendra Modi's proposed visit to Israel is "worrisome" as it undermines India's position on Palestine, senior Congress leader Anand Sharma said on Wednesday.
India on Monday condemned the deadly terror attack on a police training centre in Lahore and asked Pakistan to continue dismantling the terror infrastructure on its soil.
It appears that the focus of commerce minister Anand Sharma, when he unveils the new foreign trade policy, will be to eliminate unnecessary paperwork and thereby help reduce transaction costs for exporters, while retaining the basic framework of the present FTP.
Continuing its association with the Aam Aadmi, the Congress's slogan for the 2009 Lok Sabha poll, which was unveiled on Friday, banks heavily on the common man. 'Aam admi ke badte kadam, har kadam par Bharat bulund', is the Congress' theme to woo the common man. Interestingly, the new slogan for the Parliamentary election has been penned by Union Information and Broadcasting Minister Anand Sharma and senior Congress leader Salman Khurshid.
Congress on Friday said Prime Minister Narendra Modi needs to realise that diplomacy needs "depth and seriousness and not public tamasha".
'With the top court's judgment declaring the Right to Privacy a Fundamental Right, the powers under the provision need to be looked afresh.' 'To utilise such sweeping powers in the right manner will also be a challenge.'
The downward slide in Indian exports following recession in major markets of the United States and Europe, has been arrested, Commerce and Industry Minister Anand Sharma informed the Rajya Sabha on Wednesday.
The advertisement rates had gone up substantially in recent months with a 24 per cent increase effected in October last year, minister of state for information and broadcasting Anand Sharma said. The government has also withdrawn customs duty on import of newsprint as well as glazed print magazines, he added.
Wal-Mart chief S Robson Walton met Prime Minister Manmohan Singh and Sharma last week and discussed the foreign direct investment scenario in the retail sector in India.
"Indian foreign direct investment in the US is more than America's FDI in India."
The need of the hour is a rule-based multilateral trading regime, which takes on board developmental aspirations of the poor countries and at the same time ensures better access for all. "That is what we shall be striving for," said Commerce and Industry Minister Anand Sharma. He said Prime Minister Manmohan Singh has made commitments that the Doha trade talks, the latest round of which was stalled in July 2008, be concluded successfully.
India on Friday dubbed as 'hogwash' the arrest of purported Indian nationals in connection with the Lahore bomb blast and advised its citizens to avoid travel to the neighbouring country."It is hogwash and meant to confuse people," Minister of State for External Affairs Anand Sharma told reporters, when asked to comment on reports in the Pakistani media, on the arrest of Indian nationals on allegations of being terrorists.
The 10-member ASEAN described the Indo-US nuclear deal as an extremely positive step, hoping that the two countries would be able to conclude the pact soon.
India's exports slid for the 11th straight month in August by 19.7 per cent to $14.3 billion as global demand for merchandise remained sluggish.
The Congress requested the President to remind the central government of its 'raj dharma', Singh said.
The Labour Party leader, whose stand on Kashmir has not gone down well with the Indian government, also tweeted a picture of the meeting.
After six years of painstaking talks, the Comprehensive Economic Cooperation Agreement will be signed which will eliminate duties on 80 per cent of goods traded between the two over the next eight years. Commerce minister Anand Sharma, who is in Bangkok to sign the pact, said the agreement is well balanced and is in harmony with the India's Look East Policy.
The additional step is the result of a Reserve Bank of India's guideline issued this February that mandates additional authentications/verifications based on information about the card-holder that is not contained on the card. This measure is expected to contain online card fraud.
Sharma proposes to pass on the 'handover note' to his successor, which as per the poll projections is likely to be from Bharatiya Janata Party-led National Democratic Alliance.
The 'worst' for Indian exports, which are in the negative territory since October 2008 due to the global recession, seems to be over, Commerce and Industry Minister Anand Sharma said.
A demand for raising wages and allowances of MPs was made in the Rajya Sabha on Friday with members demanding that their salaries should be higher than the revised scale of the Cabinet Secretary.
The letter signed by other Congress leaders stated that the PM had used "threatening and intimidating" language against them.
Amid reports that Pakistan may seek custody of Indian nationals in connection with the Samjhauta Express case, India on Tuesday said it would be better if there is no diversion at this stage as the whole world was watching actions by Islamabad to dismantle terror infrastructure.
Commerce and Industry Minister Anand Sharma will meet new US Trade Representative Ron Kirk at Bali in Indonesia on June 6-7, on the sidelines of the meeting of the Cairns Group of farm product-exporting countries. The two countries have serious differences on the level of protection that can be given to farmers as and when the global market for farm products is opened up. India has argued all along that it cannot compromise on food security and livelihood concerns.
Anand Sharma, who took charge of the nodal ministry for FDI on May 29, said there is no need for a relook at the policy amended in February by the Department of Industrial Policy and Promotion. While the policy does not allow overseas inflow into this sector, the changes in February were perceived to be opening the sector to FDI up to 49 per cent in an Indian firm that has a downstream subsidiary firm in retailing.
The commission said the remarks are extremely misogynistic, offensive, unethical.
India said on Saturday that it has received no reply from Pakistan to the dossier of evidence on Mumbai terror attacks as claimed by Islamabad.
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