commerce secretary

`Pakistan, India yet to recover ground lost to Mumbai attack’


September 9th, 2012 - 7:04 pm ICT by IANS
Islamabad, Sep 9 (IANS) New Delhi and Islamabad have yet to recover the ground lost to the Mumbai attack, observed a leading daily Sunday, a day when Indian External ... Read more...

Posted in South Asia |

India, Pakistan to soon ink customs cooperation deal


September 4th, 2012 - 7:34 pm ICT by IANS
New Delhi, Sep 4 (IANS) India and Pakistan will sign deals in the next few weeks for cooperation and mutual assistance in customs matters and redressal of trade grievances, Commerce ... Read more...

Posted in South Asia |

New measures soon to boost exports, investor confidence


August 28th, 2012 - 7:15 pm ICT by IANS
New Delhi, Aug 28 (IANS) The government will soon announce new steps to boost exports and investors' confidence in the Indian economy, Commerce Secretary S.R. Rao said Tuesday."The government is ... Read more...

Posted in Business |

Indian banks should electronically transmit export data


July 27th, 2012 - 10:09 pm ICT by IANS
Chennai, July 27 (IANS) Banks in India should adopt the electronic bank realisation certificate (EBRC) scheme to reduce the transaction costs for exporters, said a top government official."The software glitches ... Read more...

Posted in Business |

Government confident of meeting 20 percent export growth target


July 26th, 2012 - 8:29 pm ICT by IANS
Kolkata, July 26 (IANS) Although India's export during the first quarter has declined on the back of global economic slowdown, the government Thursday expressed confidence that its target of 20 ... Read more...

Posted in Business |

Revised SEZ policy in 3-4 weeks: Commerce secretary


July 26th, 2012 - 6:50 pm ICT by IANS
Kolkata, July 26 (IANS) The government hopes to come out with new guidelines to revive Special Economic Zones (SEZs) in three to four weeks, Commerce Secretary S.R. Rao said Thursday."We ... Read more...

Posted in Business |

Exports dip by 5.45 percent; trade deficit narrows (Lead)


July 13th, 2012 - 8:20 pm ICT by IANS
New Delhi, July 13 (IANS) India's exports dropped 5.45 percent to $25.07 billion in June, falling sharply for the second consecutive month due to weak demands in North America and ... Read more...

Posted in Business |

Government to export two million tonnes wheat


July 4th, 2012 - 5:02 pm ICT by IANS
New Delhi, July 4 (IANS) Facing shortage of storage space, the government has decided to export two million tonnes of wheat at a base price of $228 per tonne, ... Read more...

Posted in Business |

US commerce secretary steps down after car crashes


June 22nd, 2012 - 5:22 am ICT by IANS
Washington, June 22 (IANS) US Commerce Secretary John Bryson has resigned after being involved in a traffic accident when he suffered a seizure. President Barack Obama praised him as ... Read more...

Posted in Politics |

S R Rao is new commerce secretary


May 28th, 2012 - 9:34 pm ICT by IANS
New Delhi, May 28 (IANS) The government Monday appointed S.R. Rao as the new commerce secretary.A 1978 batch Gujarat cadre officer of the Indian Administrative Service, Rao replaced Rahul Khullar, ... Read more...

Posted in Business |

Rahul Khullar to take charge of TRAI Monday


May 13th, 2012 - 9:06 pm ICT by IANS
New Delhi, May 13 (IANS) Commerce Secretary Rahul Khullar will Monday take charge as the chairman of the Telecom Regulatory Authority of India (TRAI).His appointment has been approved by ... Read more...

Posted in Sci-Tech |

India’s exports rise by 3.2 percent in April year-on-year


May 10th, 2012 - 6:31 pm ICT by IANS
New Delhi, May 10 (IANS) India's exports grew by a sluggish 3.2 percent to $24.50 billion in the first month of the current financial year, after recording nearly 21 percent ... Read more...

Posted in Business |

India surpasses $300 billion exports target


April 19th, 2012 - 6:37 pm ICT by IANS
New Delhi, April 19 (IANS) India's exports surpassed the $300 billion target in 2011-12 despite a slowdown in demand in major markets like the United States and Europe, Commerce Secretary ... Read more...

Posted in Business |

US firms keen to invest in India’s infrastructure projects


March 27th, 2012 - 5:01 pm ICT by IANS
New Delhi, March 27 (IANS) American companies are keen to invest in India's infrastructure projects, especially in the proposed Delhi-Mumbai Industrial Corridor (DMIC), US Commerce Secretary John Bryson said ... Read more...

Posted in Business |

India takes up visa rejection issue with US


March 26th, 2012 - 7:32 pm ICT by IANS
New Delhi, March 26 (IANS) India Monday expressed concern over the rise in rejection of US visa to its professionals, and asked American authorities not to resort to such protectionist ... Read more...

Posted in Uncategorized |

US to help India develop clean energy projects


March 26th, 2012 - 5:57 pm ICT by IANS
New Delhi, March 26 (IANS) The United States Trade Development Agency Monday signed two deals with Indian firms to help develop clean energy projects. The deals will generate Indian demand ... Read more...

Posted in Business |

High tariffs will harm India-US business ties: US commerce secretary


March 26th, 2012 - 5:29 pm ICT by IANS
New Delhi, March 26 (IANS) Urging India to cut duties on imports of American manufactured products, US Commerce Secretary John Bryson Monday said such high tariffs would cause "significant harm" ... Read more...

Posted in Business |

India rolls back cotton exports ban


March 12th, 2012 - 6:45 pm ICT by IANS
New Delhi, March 12 (IANS) Buckling under domestic and international pressure, the Indian government Monday lifted the ban on cotton exports barely a week after imposing it.The government, however, ... Read more...

Posted in World |

February exports up by 4.3 percent


March 9th, 2012 - 3:37 pm ICT by IANS
New Delhi, March 9 (IANS) The commerce ministry Friday reported a growth of 4.3 percent in the country's exports for February at $24.6 billion on a year-on-year basis, while imports ... Read more...

Posted in Business |

Bangladesh criticizes India’s ban on cotton export


March 8th, 2012 - 11:40 pm ICT by IANS
Dhaka, March 8 (IANS) Bangladesh's garment sector is likely to face difficulties following shortage of cotton as India, the region's largest producer of the item, has imposed a ban on ... Read more...

Posted in Uncategorized |

Nikki Haley spreads welcome mat for Indian companies


March 7th, 2012 - 2:48 pm ICT by IANS
Washington, March 7 (IANS) Keen to expand trade contacts with India, South Carolina's Indian American governor Nikki Haley has assured Indian companies the required infrastructural assistance to establish themselves in ... Read more...

Posted in Business |

New thinking needed in Pakistan, India ties: Daily


March 2nd, 2012 - 12:44 pm ICT by IANS
Islamabad, March 2 (IANS) New thinking and untried solutions are the need of the hour in Pakistan, India ties, said a daily while noting that both countries were on the ... Read more...

Posted in Uncategorized |

US sets up panel to probe unfair trade practices


February 29th, 2012 - 8:27 am ICT by IANS
Washington, Feb 29 (IANS) US President Barack Obama signed an executive order Tuesday to establish a trade enforcement office for investigating unfair trade practices.The agency would serve as the ... Read more...

Posted in Business |

US to focus on business abroad - like India, China


February 22nd, 2012 - 12:59 pm ICT by IANS
Washington, Feb 22 (IANS) Suggesting that rising powers like India, China and Brazil were putting economics at the centre of their foreign policies, Secretary of State Hillary Clinton advocates Economic ... Read more...

Posted in Business |

India assures greater market access to SAARC countries


February 16th, 2012 - 11:05 pm ICT by IANS
Islamabad, Feb 16 (IANS) India Thursday said it will take pro-active measures to reduce barriers in trade and services, in a bid to ensure greater economic integration in the South ... Read more...

Posted in South Asia |

`Pakistan, India trade talks to give peace a chance’


February 15th, 2012 - 1:44 pm ICT by IANS
Islamabad, Feb 15 (IANS) The trade talks between Pakistan and India "indicate the growing strength of those who want peace for an economically prosperous and thriving South Asia", said a ... Read more...

Posted in South Asia |

Need concrete measures from Pakistan on trade: Anand Sharma


February 12th, 2012 - 5:10 pm ICT by IANS
New Delhi, Feb 12 (IANS) En route to becoming the first Indian trade minister to visit Pakistan in 30 years, Commerce Minister Anand Sharma Sunday said the neighbouring country ... Read more...

Posted in Business |

Anand Sharma heads for Pakistan with 150-strong business team


February 12th, 2012 - 12:16 pm ICT by IANS
New Delhi, Feb 12 (IANS) The largest Indian business delegation to Pakistan, consisting of some 150 members and led by Commerce and Industry Minister Anand Sharma, will take ... Read more...

Posted in Business |

India’s exports up 10.1 percent to $25.4 bn in January


February 9th, 2012 - 6:15 pm ICT by IANS
New Delhi, Feb 9 (IANS) India's exports grew by 10.1 percent to $25.4 billion in January, while imports surged 20.3 percent to $40.1 billion, leaving a trade deficit of $14.7 ... Read more...

Posted in Business |

India’s exports rose 6.71 percent to $25 bn in December


February 1st, 2012 - 2:45 pm ICT by IANS
New Delhi, Feb 1 (IANS) India's exports grew by 6.71 percent to $25.01 billion in December, while imports surged to $37.75 billion, leaving a monthly trade deficit of $12.74 billion, ... Read more...

Posted in Uncategorized |

Indian delegation to educate Pakistani businessmen


January 24th, 2012 - 11:55 pm ICT by IANS
Islamabad, Jan 24 (IANS) An Indian delegation is to visit Pakistan to familiarise the country's business community with the best practices required to enter the Indian market.The delegation will consist ... Read more...

Posted in South Asia |

India’s exports rise 6.7 percent in December


January 16th, 2012 - 6:04 pm ICT by IANS
New Delhi, Jan 16 (IANS) India's exports grew 6.7 percent to $25 billion in December 2011, while imports rose to $37.8 billion, leaving a trade deficit of $12.8 billion for ... Read more...

Posted in Uncategorized |

India’s exports rose 33.2 percent in Apr-Nov


December 9th, 2011 - 6:24 pm ICT by IANS
New Delhi, Dec 9 (IANS) India's exports rose by 33.2 percent to $192.7 billion in the first eight months of 2011-12 while imports during the same period increased to $309.5 ... Read more...

Posted in Business |

Don’t overreact to rupee weakening: Khullar


November 22nd, 2011 - 8:10 pm ICT by IANS
New Delhi, Nov 22 (IANS) With the Indian rupee sliding to a record low of 52.73 against the US dollar Tuesday, Commerce Secretary Rahul Khullar said there was no need ... Read more...

Posted in Business |

Unbalanced recovery better than balanced recession: China


November 21st, 2011 - 3:48 pm ICT by IANS
Beijing, Nov 21 (IANS) Vice Premier Wang Qishan said Monday that an unbalanced recovery would be better than a balanced recession, in light of the current condition of the global ... Read more...

Posted in Business |

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