industry minister

Trinamool firm on quitting, Congress says UPA is safe (Roundup)


September 19th, 2012 - 10:36 pm ICT by IANS
New Delhi/Kolkata, Sep 19 (IANS) The Congress-led government Wednesday refused to roll back its big ticket economic reforms, even as a belligerent Trinamool Congress remained adamant on quitting the ruling ... Read more...

Posted in Politics |

FDI will ruin Himachal’s apple industry: Minister


September 19th, 2012 - 8:15 pm ICT by IANS
Shimla, Sep 19 (IANS) The BJP government in Himachal Pradesh Wednesday slammed the central government's decision to allow FDI in multi-brand retail, saying imported apples would ruin the state's Rs.2,000-crore ... Read more...

Posted in Business |

Bengal minister meets Infosys top brass on stalled project


September 7th, 2012 - 12:38 am ICT by IANS
Bengalore, Sep 6 (IANS) West Bengal Industry Minister Partha Chatterjee, who held talks with the top brass of IT bellwether Infosys Thursday on its stalled project in the state, ... Read more...

Posted in Politics |

India, Pakistan to liberalise business visa norms


September 4th, 2012 - 7:35 pm ICT by IANS
New Delhi, Sep 4 (IANS) In a bid to strengthen bilateral economic relations, India and Pakistan will soon sign agreements for liberalising visa norms for business travellers, Commerce and Industry ... Read more...

Posted in Business |

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 |

Texmaco for logistic park in West Bengal


August 30th, 2012 - 10:13 am ICT by IANS
Kolkata, Aug 30 (IANS) Texmaco Infrastructure and Holdings Ltd. has applied to the West Bengal government to allow it to set up a logistic-cum-food processing park in Howrah district, the ... Read more...

Posted in Business |

Government considering amendments to boost SEZ


August 23rd, 2012 - 6:52 pm ICT by IANS
Mumbai, Aug 23 (IANS) The government is considering steps to ensure that SEZs remain attractive destinations for investment, Commerce and Industry Minister Anand Sharma said Thursday.He admitted that SEZs had ... Read more...

Posted in Business |

Cuba sends former top officials to jail for corruption


August 22nd, 2012 - 12:41 pm ICT by IANS
Havana, Aug 22 (IANS/EFE) Three former deputy industry ministers were among 13 people sentenced to prison for "offenses associated with corruption", Cuban daily Granma said Tuesday.The defendants were convicted by ... Read more...

Posted in World |

South Africa explores India’s small business success


August 20th, 2012 - 5:13 am ICT by IANS
Johannesburg, Aug 20 (IANS) South Africa is exploring how small, medium and micro enterprises in India contribute to their national economy, an official said Sunday.Deputy Trade and Industry Minister Elizabeth ... Read more...

Posted in Business |

Government-industry task force to meet next week


August 10th, 2012 - 6:51 pm ICT by IANS
New Delhi, Aug 10 (IANS) A government-industry task force headed by Commerce and Industry Minister Anand Sharma will meet here next week to discuss fall in industrial output and ... Read more...

Posted in Business |

Only 4 states, UTs support FDI in retail: Government


August 8th, 2012 - 8:55 pm ICT by IANS
New Delhi, Aug 8 (IANS) Only four states and union territories have formally supported allowing foreign direct investment (FDI) in multi-brand retail, signifying little backing for the Indian government's move ... Read more...

Posted in Business |

Tea production declining in organised sector in India


August 7th, 2012 - 1:47 pm ICT by IANS
Agartala, Aug 7 (IANS) Tea production in the organised sector in declining in India due to ageing bushes and little investment and the country may have lost 50 million kg ... Read more...

Posted in Business |

Bengal moves to recover WBIDC loans


August 7th, 2012 - 12:12 am ICT by IANS
Kolkata, Aug 6 (IANS) In an attempt to recover around Rs.500 crore in outstanding loans of the West Bengal Industrial Development Corporation (WBIDC), the state government Monday said it ... Read more...

Posted in Business |

India may tweak SME definition for IKEA investment


August 4th, 2012 - 7:39 pm ICT by IANS
Colombo, Aug 4 (IANS) The Indian government may change the definition of small and medium enterprises (SME) to facilitate investments from Swedish furniture giant IKEA, Commerce and Industry Minister Anand ... Read more...

Posted in World |

India to set up three more manufacturing zones, says minister


August 4th, 2012 - 7:09 pm ICT by IANS
Colombo, Aug 4 (IANS) India will set up three more investment and manufacturing zones this month, taking the total number of such zones in the country to 15, union Commerce ... Read more...

Posted in Business |

India, Sri Lanka to double trade to $10 bn by 2015


August 3rd, 2012 - 8:05 pm ICT by IANS
Colombo, Aug 3 (IANS) India and Sri Lanka have set a target to double bilateral trade to $10 billion by 2015, India's Commerce and Industry Minister Anand Sharma said Friday."We ... Read more...

Posted in Business |

Maharashtra axes four SEZs after local opposition


July 31st, 2012 - 1:50 am ICT by IANS
Mumbai, July 31 (IANS) Stiff opposition from local communities and changed economic scenario in the country has resulted in axing four proposed Special Economic Zones (SEZ) in different parts of ... Read more...

Posted in Politics |

No reversing decision on FDI in multi-brand retail: Sharma


July 27th, 2012 - 8:24 pm ICT by IANS
London, July 27 (IANS) The Indian government will notify allowing foreign direct investment (FDI) in multi-brand retail after building a wider political consensus and there is no question of ... Read more...

Posted in Business |

India pitches for free movement of labour across borders


July 26th, 2012 - 8:39 pm ICT by IANS
London, July 26 (IANS) India's Commerce and Industry Minister Anand Sharma Thursday urged countries across the world, especially in European region, to liberalise visa norms and allow free movement of ... 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 |

Sharma seeks Punjab, Haryana’s support for FDI in retail


July 18th, 2012 - 9:22 pm ICT by IANS
New Delhi, July 18 (IANS) Commerce and Industry Minister Anand Sharma will meet the chief ministers of Punjab and Haryana Thursday to garner support for allowing foreign direct investment ... Read more...

Posted in Business |

India questions Obama views on economic reforms


July 16th, 2012 - 7:35 pm ICT by IANS
New Delhi, July 16 (IANS) The government Monday questioned US President Barack Obama's perception of India's economic reality and asserted that policy making is a "sovereign" right of the ... Read more...

Posted in Politics |

South Africa ups diplomatic offensive for top AU post


July 15th, 2012 - 7:31 pm ICT by IANS
Addis Ababa, July 14 (IANS) Africa is keeping its fingers crossed on the election for the the AU executive chief as South African President Jabob Zuma upped the diplomatic offensive ... Read more...

Posted in World |

HPL plans to hike production for turnaround


July 11th, 2012 - 11:19 pm ICT by IANS
Kolkata, July 11 (IANS) Attempting a turnaround, cash-strapped Haldia Petrochemicals Ltd (HPL) is planning to increase its production to 240 tonnes per hour and will perform a technical audit ... Read more...

Posted in Business |

Sajjan Jindal’s Bengal steel project to start soon


July 11th, 2012 - 8:04 pm ICT by IANS
Kolkata, July 11 (IANS) The West Bengal government and JSW Bengal Steel have resolved their differences and will sign an agreement for the Rs.350 billion integrated steel plant at Salboni ... Read more...

Posted in Uncategorized |

India keen to invest in Ghana’s oil industry (Lead)


July 10th, 2012 - 7:45 pm ICT by IANS
Accra, July 10 (IANS) India is seeking to invest in Ghana'soil and gas sector and double trade with West Africa to $40 billion by 2015 as part of its growing efforts ... Read more...

Posted in Business |

India, Mauritius agree to push for trade pact


July 6th, 2012 - 8:09 pm ICT by IANS
New Delhi, July 6 (IANS) India and Mauritius Friday agreed to hasten negotiations on the proposed Preferential Trade Agreement, with a view to boost bilateral trade and enhance economic engagements.Mauritian ... Read more...

Posted in Business |

Indian business delegation to visit Ghana next week


July 5th, 2012 - 8:02 pm ICT by IANS
New Delhi, July 5 (IANS) An Indian business delegation of over 100 members, led by Commerce and Industry Minister Anand Sharma, will visit Ghana next week to explore business opportunities ... Read more...

Posted in Business |

HPL management’s meet with lenders remains unfruitful


July 4th, 2012 - 1:31 am ICT by IANS
Kolkata, July 3 (IANS) The Haldia Petrochemicals Ltd (HPL) management's meeting with lenders for getting Rs.10 billion worth of working capital for the cash-strapped firm did not work out ... Read more...

Posted in Business |

Remove non-tariff barriers in pharma sector: India


July 3rd, 2012 - 9:14 pm ICT by IANS
New Delhi, July 3 (IANS) The government will raise at various international fora the issue of non-tariff barriers imposed by the US and European countries on the import of Indian ... Read more...

Posted in Business |

Afghanistan keen to trade with India via Wagah-Attari border


July 1st, 2012 - 4:13 pm ICT by IANS
New Delhi, July 1 (IANS) Afghanistan wants to trade with India through the Wagah-Attari border and has urged Pakistan to work out a mechanism that would spur regional trade and ... Read more...

Posted in South Asia |

Shed fear, invest in Afghan opportunity: India (Roundup)


June 28th, 2012 - 9:51 pm ICT by IANS
New Delhi, June 28 (IANS) India Thursday unveiled its vision of promoting economic rejuvenation and stability of Afghanistan by asking companies from the region to invest in that country in ... Read more...

Posted in Business |

Anand Sharma to lead business team to Afghanistan


June 28th, 2012 - 9:44 pm ICT by IANS
New Delhi, June 28 (IANS) Commerce and Industry Minister Anand Sharma said Thursday he would soon lead an Indian business delegation to Afghanistan in a bid to enhance economic engagements ... Read more...

Posted in South Asia |

India bats for investments in Afghanistan (Factfile) (Lead)


June 28th, 2012 - 9:44 pm ICT by IANS
* India June 28 hosted the first regional investment summit in New Delhi to promote Afghanistan's economic rejuvenation and stability by encouraging private sector investment from across the region. External Affairs ... Read more...

Posted in Business |

India pushes Afghanistan’s economic rejuvination (Factfile)


June 28th, 2012 - 9:25 pm ICT by IANS
* India June 28 hosted the first regional investment summit in New Delhi to promote Afghanistan's economic rejuvenation and stability by encouraging private sector investment from across the region. External Affairs ... Read more...

Posted in Business |

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