India and France aim to double the bilateral trade to $12 billion (around Rs 50,000 crore) from current $6 billion and have identified food processing sector as a core area of cooperation.
India's exports are expected to touch $360 billion in the current fiscal from $312.35 billion in 2013-14, Federation of Indian Export Organisations (FIEO) said.
Demand will boom in the US and China, but exporters say it will be difficult for India to tap these markets.
Russia on Tuesday invited Indian pharmaceutical companies to set up joint ventures in the country. Russian Deputy Prime Minister Sergei Sobyanin during his meeting with Commerce and Industry Minister Anand Sharma said Russian pharma firms were keen to increase their engagements with Indian companies including setting up joint ventures.
Officials in the government, however, said India could only lodge a protest and not take legal action against the US.
The US controls exports of sensitive equipments, software and technology.
Apple sought exemption from mandatory local sourcing of components for its products
India is negotiating for a comprehensive economic partnership agreement with Malaysia and Japan and a broad based trade and investment agreement with the EU.
Union Commerce and Industry Minister Anand Sharma takes on Narendra Modi, says: Gujrat cannot be sold as a model state as it has many flaws.
The country is on track to surpass the export target of $200 billion for the current fiscal, Commerce and Industry Minister Anand Sharma said in New Delhi on Monday.
Witnesses and media have reported that smokes were still coming out from the sight despite claims by the fire fighters to have douse the fire.
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.
Senior officials of India and the US will meet after the forthcoming Budget session to identify and prioritise sectors for investments and technology sharing.
Karnataka government officials would hold preliminary discussions with two-wheeler major TVS on Saturday on possible setting up of an engine manufacturing unit in the State, the Major and Medium Industries Minister Murugesh R Nirani said.
The Congress party's consistent foreign policy has made India expand and diversify its commerce base and, as a result, it is poised to figure among the top three economies of the world by 2030, Union Commerce and Industry Minister Anand Sharma said on Monday.
A senior European Union representative said here on Tuesday that the body would soon change its Customs laws to address the issue of seizures of Indian generic drug shipments while en route for export to other countries.
VW cheating a 'well thought-out crime', diesel cars under lens
The government on Tuesday indicated that it was open to changing FDI norms for multi-brand retail sector, saying policies 'are not cast in stone'.
Union Heavy Industries Minister Vilasrao Deshmukh on Saturday asked people not to attach much importance to what the Thackerays say and accused the family members of fighting among themselves to strengthen their political base in Maharashtra. "Don't attach much importance to what they say. It is their family problem, to strengthen their (respective) political base," the former Maharashtra chief minister said.
Getting to the magic growth, however, will require massive increase in investment in infrastructure, in labour force skills and manufacturing capacity.
Sulking Maharashtra Industries Minister Narayan Rane on Thursday said he will quit the Prithviraj Chavan ministry on Monday but has decided to remain in the Congress.
At 47 protests a day, the state has become the most restive in the country and investors are becoming increasingly wary
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.
India Inc is ready to invest in Russia's pharmaceutical sector and the two governments are working on a joint document to this effect, Commerce and Industry Minister Anand Sharma has said.
The minister, however, said she was not in favour of relaxing rules for Apple to sell refurbished second-hand phones in India
Officials from India and the Association of Southeast Asian Nations would resume their talks to widen of the scope of a Free Trade Agreement with the 10-nation trading bloc to cover services and investment.
According to the Press Notes 2, 3 and 4 of the department of industrial policy and promotion, for a company or entity to be treated as Indian, foreign investment, including American and global depository receipts, foreign currency convertible bonds, convertible preference shares and from non-resident Indians, in it should be less than 50 per cent.
In the World Bank's latest 'Doing Business' 2017 report, India's place remained unchanged from last year's original ranking of 130 among the 190 economies that were assessed on various parameters. But last year's ranking has been revised to 131 from which the country has improved its place by one spot.
Draft Press Notes on FDI regulatory framework fail to address the gap between the domestic and foreign regulatory regimes.
In a bold move, Devendra Fadnavis-led Bharatiya Janata Party government has decided to downgrade security of top politicians of Congress and Nationalist Congress Party and their kin, including former chief minister Prithviraj Chavan and his then deputy Ajit Pawar.
The proposed overhaul of popular H-1B visa regime may result in higher operational costs and shortage of skilled workers for the $110-billion Indian outsourcing industry.
With a view to simplify foreign direct investment process, the government plans to introduce a single FDI document by end-fiscal and is currently discussing the various modalities, Commerce and Industry Minister Anand Sharma said on Monday.
Land, the core issue of contention, is now being acquired selectively for the sake of setting up new industries and that too in areas where agriculture is weak.
The total investment from these projects will be Rs 1,38,300 crore.
Union Ministers Smriti Irani and D V Sadananda Gowda have been dropped from Inter-State Council, official sources said on Wednesday.
India's rank inched up by just one position to 130 in last year's Doing Business Survey by the World Bank.
Commerce and Industry Minister Anand Sharma today assured exporters of government mediation to ensure that they get foreign currency loans at the new lower rate set by the RBI amid complaints against banks levying additional charges.
'Poor home work, and a subsequent loss of nerve.' 'This sums up the Modi government's current travails, the stall in key sectors, fading momentum, irritability,' points out Shekhar Gupta.
Commerce and Industry Minister Anand Sharma and the US Trade Representative Ron Kirk would sign the India-US Trade Policy Forum Framework for cooperation on trade and investment in Washington on March 17.
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