minister of commerce

58 percent rise in China’s alcohol imports


August 10th, 2012 - 9:31 am ICT by IANS
Beijing, Aug 10 (IANS) China's alcohol imports has risen 58.1 percent from a year earlier to $2.4 billion last year, according to the country's commerce ministry.In 2011, the country imported ... Read more...

Posted in Business |

Nitish Kumar opposes FDI in retail


July 31st, 2012 - 1:09 am ICT by IANS
Patna, July 30 (IANS) Bihar Chief Minister Nitish Kumar Monday said that he was not in favour of foreign direct investment (FDI) in retail in the state and virtually ... Read more...

Posted in Politics |

Colombia to ratify tax treaty with India by year-end


July 8th, 2012 - 5:45 pm ICT by IANS
Bogota, July 8 (IANS) Colombia is likely to ratify double taxation avoidance agreement (DTAA) with India by the end of this year, which will help boost flow of two-way investments.Colombia's ... Read more...

Posted in Business |

Rahul Gandhi wants party unity in Himachal assembly polls


July 2nd, 2012 - 10:23 pm ICT by IANS
Kullu (Himachal Pradesh), July 2 (IANS) Congress general secretary Rahul Gandhi Monday told partymen to remain united to oust the ruling Bharatiya Janata Party government in Himachal Pradesh in ... Read more...

Posted in Uncategorized |

Brief profile of UPA presidential candidate Pranab Mukherjee


June 15th, 2012 - 7:16 pm ICT by IANS
New Delhi, June 15 (IANS) Here is a brief profile of Pranab Mukherjee, the United Progressive Alliance's presidential candidate for the poll to be held July 19. Name: Pranab ... Read more...

Posted in Politics |

China may see 10 percent foreign trade growth


June 11th, 2012 - 1:18 pm ICT by IANS
Beijing, June 11 (IANS) China's foreign trade could grow by around 10 percent this year "if lucky", said Minister of Commerce Chen Deming Monday.He warned of continuing severity to come ... Read more...

Posted in Business |

China’s catering sales booming


May 29th, 2012 - 2:17 pm ICT by IANS
Beijing, May 29 (IANS) The annual sales of China's catering industry is expected to reach 3.7 trillion yuan ($587 billion) by 2015.Chinese Vice Minister of Commerce Jiang Zengwei said this ... Read more...

Posted in World |

15 percent of world trade should be Chinese: Minister


May 8th, 2012 - 3:33 pm ICT by IANS
Beijing, May 8 (IANS) As the second-largest economy and with a fifth of the world's population, China should account for 15 percent of global trade volume, Minister of Commerce Chen ... Read more...

Posted in Business |

China works on new consumption-stimulating policies


March 2nd, 2012 - 3:33 pm ICT by IANS
Beijing, March 2 (IANS) Chinese authorities are drafting new policies to spur domestic consumption, an official said Friday. Former assistant minister of commerce Huang Hai didn't reveal any detailed policies, ... Read more...

Posted in Uncategorized |

Handloom weavers to get Rs.2,362 crore financial help


December 19th, 2011 - 9:23 pm ICT by IANS
New Delhi, Dec 19 (IANS) The government is likely to give Rs.2,362.15 crore as financial help to nearly 15,000 cooperative societies and 3 lakh individuals involved in the handloom weaving ... Read more...

Posted in Business |

`China’s currency exchange rate responsive to market’


December 7th, 2011 - 1:44 pm ICT by IANS
Beijing, Dec 7 (IANS) The exchange rate of the yuan is responsive to market demand and is not being manipulated by the government, a senior official said Wednesday. Chong Quan, ... Read more...

Posted in Business |

Village handicrafts go on show at Dilli Haat


December 3rd, 2011 - 4:32 pm ICT by IANS
New Delhi, Dec 3 (IANS) If you are fond of art work and handicrafts, the Dilli Haat is the place to visit these days. The village craftsmen's mart is hosting ... Read more...

Posted in Life Style |

China’s foreign trade to top $3 trillion this year: Official


October 28th, 2011 - 9:05 pm ICT by IANS
Beijing, Oct 28 (IANS) A senior Chinese official said Friday the country's foreign trade volume will surpass $3 trillion this year, accounting for 10.5 percent of the world's total.The country's ... Read more...

Posted in World |

Major meets in US to woo investors to India


September 4th, 2011 - 12:57 pm ICT by IANS
Washington, Sep 4 (IANS) The Federation of Indian Chambers of Commerce and Industry (FICCI) is undertaking two major initiatives in the US this month to bring home business opportunities ... Read more...

Posted in Uncategorized |

India to have national manufacturing policy by month-end


September 2nd, 2011 - 3:40 pm ICT by IANS
New Delhi, Sep 2 (IANS) India will have its first national policy on manufacturing by the end of this month that would aim to create at least 100 million ... Read more...

Posted in Business |

Protectionism will hurt growth: Anand Sharma


September 1st, 2011 - 7:25 pm ICT by IANS
New Delhi, Sep 1 (IANS) India Thursday asked the developed nations, especially the US and European countries, not to turn protectionist in view of the current economic crisis, saying it ... Read more...

Posted in Business |

Financial subsidy for textiles sector to continue in 12th plan


August 25th, 2011 - 6:47 pm ICT by IANS
Mumbai, Aug 25 (IANS) The government said Thursday it will continue to provide financial help in the form of interest reimbursement and capital subsidy to the textiles industry during the ... Read more...

Posted in Business |

BRICS countries’ ministers hold meeting


April 13th, 2011 - 3:17 pm ICT by IANS
Sanya (China), April 13 (IANS) Ministers from the five BRICS countries were gathered Wednesday in China's Sanya city to discuss issues of common concern so as to deepen cooperation among ... Read more...

Posted in World |

Nigerian Foreign Minister to visit India for four days


March 14th, 2011 - 10:35 pm ICT by ANI
New Delhi, Mar 14 (ANI): Nigerian Foreign Minister Odein Ajumogobia will arrive India on a four-day visit beginning on Tuesday.The visiting Minister will meet Minister of Commerce and Industry at Udyog Bhawan ... Read more...

Posted in National |

‘China trade surplus to decrease further’


March 8th, 2011 - 5:56 pm ICT by ANI
Beijing, Mar.8 (ANI): China's Minister of Commerce Chen Deming has said that the country's trade surplus will decrease further and may even go into deficit for a few months.Chen said that the ... Read more...

Posted in World |

New rules for overseas Chinese contractors


January 14th, 2011 - 10:42 am ICT by IANS
Beijing, Jan 14 (IANS) China will soon issue a set of guidelines for its contractors working abroad as part of an effort to help improve the brand value of its companies.The rules ... Read more...

Posted in Business |

India keen to set up fertiliser plants in Saudi Arabia


November 26th, 2010 - 7:11 pm ICT by IANS
New Delhi, Nov 26 (IANS) India has shown interest in setting up joint ventures for gas-based fertiliser plants in Saudi Arabia with a view to boost bilateral trade and investment, Commerce and ... Read more...

Posted in Business |

Oman to allow temple, gurdwara


November 24th, 2010 - 8:13 pm ICT by IANS
New Delhi, Nov 24 (IANS) Oman has assured India that it will soon allow a temple and a gurdwara to be built in the country, home to some 500,000 expatriate Indians, ... Read more...

Posted in Uncategorized |

India to bolster manufacturing, exports


November 11th, 2010 - 8:12 pm ICT by IANS
Jaipur, Nov 11 (IANS) The National Manufacturing Policy, aimed at increasing the sector's contribution to India's total economic output, is likely to be announced by the year end, Union Minister of Commerce ... Read more...

Posted in Business |

Bangladesh FM arrives in Agartala to strengthen cross-border trade


November 10th, 2010 - 9:30 pm ICT by ANI
Agartala, Nov 10 (ANI): Bangladesh Foreign Minister Dipu Moni arrived here on Wednesday to strengthen cross-border trade and allied ties between the two nations.Tripura Finance Minister Badal Choudhury and Minister of ... Read more...

Posted in National |

China won’t significantly cut rare earth exports next year


November 3rd, 2010 - 5:56 pm ICT by ANI
Beijing, Nov 3 (ANI): Yao Jian, spokesman of China's Ministry of Commerce, has said that the country will reduce its rare earth export quotas next year, but not by a very large ... Read more...

Posted in World |

India- Bangladesh sign MOU to establish Border Haats


October 23rd, 2010 - 10:01 pm ICT by ANI
New Delhi, Oct.23 (ANI): India and Bangladesh here on Saturday signed a Memorandum of Understanding (MOU) for establishing Border Haats, a traditional commodity market, along the Meghalaya-Bangladesh border.Two agreements on ... Read more...

Posted in National |

India, Canada favour increasing annual trade upto 15 billion dollars


September 25th, 2010 - 11:16 pm ICT by ANI
Ottawa (Canada), Sep.25 (ANI): Agreeing that there is significant potential for sustained growth in trade and investment flows between India and Canada, both the countries have reiterated their Prime Ministers' commitment to ... Read more...

Posted in World |

India, US vow to end trade row before Obama visit


September 22nd, 2010 - 10:59 am ICT by IANS
By Arun Kumar Washington, Sep 22 (IANS) India and the US have pledged to work together to boost trade ties while redoubling efforts to resolve several issues of concern, including visa and ... Read more...

Posted in Business |

US, India pledge closer trade ties


September 22nd, 2010 - 10:41 am ICT by IANS
Washington, Sep 22 (DPA) The US and India Tuesday pledged to work together to boost trade ties ahead of President Barack Obama's first visit to the Asian power next month. Following a ... Read more...

Posted in Business |

New greenfield airport in Rajasthan


September 14th, 2010 - 12:14 am ICT by IANS
Jaipur, Sep 13 (IANS) Rajasthan will get a new greenfield airport at Neemrana in Alwar district, state Industries Minister Rajendra Pareek said here Monday. "The decision was taken on the occasion of the ... Read more...

Posted in Business |

Chad looks for more cooperation with India


September 7th, 2010 - 12:07 am ICT by IANS
New Delhi, Sep 6 (IANS) A seven-member delegation from the central African state of Chad is in India to boost ties, especially in the areas of hydrocarbons, minerals and agriculture. The delegation, led ... Read more...

Posted in Uncategorized |

India-ASEAN services, investment pact negotiations reviewed


August 27th, 2010 - 5:00 pm ICT by ANI
Da Nang (Vietnam) Aug 27 (ANI): Union Minister of Commerce and Industry Anand Sharma met commerce ministers from ten ASEAN Member States at Da Nang, Vietnam, today to review India-ASEAN services and ... Read more...

Posted in World |

Lok Sabha passes bill to regulate foreign trade


August 12th, 2010 - 7:10 pm ICT by IANS
New Delhi, Aug 12 (IANS) The Lok Sabha Thursday passed a bill aimed at promoting foreign trade and enabling the government to take swift action in trade disputes. The bill, which was ... Read more...

Posted in Business |

Rajya Sabha passes bill to regulate foreign trade


August 9th, 2010 - 9:29 pm ICT by IANS
New Delhi, Aug 9 (IANS) The Rajya Sabha Monday passed a bill to regulate foreign trade in certain goods and sensitive technologies and enable swift action in trade disputes. Minister of Commerce and ... Read more...

Posted in Business |

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