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Govt to expedite clearances to $12 bn Posco project: Sharma

Last Updated: Wednesday, January 15, 2014, 17:34

Government is working to expedite clearances to USD 12 billion project of steel major Posco in Odisha that was awarded environment clearance last week, Commerce and Indutry Minister Anand Sharma said Wednesday.

Govt extends special package for Himachal, Uttarakhand: Sharma

Last Updated: Wednesday, January 15, 2014, 16:22

The Centre today extended the special package for Himachal Pradesh and Uttarakhand till March 2017, a move that will help accelerate industrial growth of both the hilly states.

Fin Min examining DIPP's proposal for curbs on royalty payments

Last Updated: Monday, January 13, 2014, 14:48

The Finance Ministry is examining a proposal of the Department of Industrial Policy and Promotion (DIPP) to re-introduce restrictions on royalty payments by Indian arms of foreign companies.

Devyani Khobragade row: India, US have maturity to handle sensitive issues, says Sharma

Last Updated: Friday, January 10, 2014, 18:16

Regarding Indian diplomat Devyani Khobragade, Commerce and Industries Minister Anand Sharma on Friday said both India and the US had the "wisdom" and "maturity" to handle such "sensitive" issues.

Anand Sharma reviews foreign trade policy

Last Updated: Thursday, January 9, 2014, 17:29

Reviewing the foreign trade policy on Thursday, Commerce Minister Anand Sharma asked officials to engage with all stakeholders to boost exports in the remaining 3-odd months of the current fiscal, 2013-14.

FDI in e-commerce retail after stakeholders view: Sharma

Last Updated: Wednesday, January 8, 2014, 17:50

The government will wait for views of all stakeholders before allowing foreign direct investment in e-commerce retailing, Commerce and Industry Minister Anand Sharma said.

China willing to partner in proposed AP manufacturing zone

Last Updated: Friday, January 3, 2014, 23:13

China would provide both technical and investment support for one of the NIMZs, proposed in Chittoor, Medak and Prakasam districts, the Union Minister told Andhra Pradesh Chief Minister N Kiran Kumar Reddy during a meeting here tonight.

Govt indicates further relaxation in FDI policy

Last Updated: Wednesday, January 1, 2014, 18:38

The government on Wednesday indicated further liberalisation of the FDI policy in the coming weeks to attract foreign investments into the country.

Urgent need to boost electronic goods manufacturing: Sharma

Last Updated: Sunday, December 29, 2013, 12:58

According to industry experts, India's electronic imports may surpass its oil import bill by 2030.

Pakistani minister to visit India, discuss trade

Last Updated: Thursday, December 26, 2013, 19:16

Pakistan`s Minister of State for Commerce Khurram Dastagir Khan will meet Commerce Minister Anand Sharma to review a roadmap for bilateral trade when he travels to India next month for a SAARC business event.

Mining ban hurting economy, exports: Sharma

Last Updated: Wednesday, December 25, 2013, 19:18

But for the ban on mining, he said, India could have earned by exporting around 100 million tonnes of iron ore.

Chidambaram, Sharma, Nath to soon meet on FDI in construction

Last Updated: Tuesday, December 24, 2013, 15:45

Finance, Commerce and Urban Developments ministers will meet soon to sort out differences over relaxation of FDI norms for the construction sector.