Govt may soon announce new guidelines to revive SEZs
The Indian government is expected to come out soon with new norms to revive special economic zones (SEZs), which have lost sheen after imposition of certain levies and proposal to take away tax incent
India to go ahead with FDI in multi-brand retail: Anand Sharma
India has assured global investors that the country will move forward with its decision to open multi-brand retail to foreign investment and it has not pressed the ‘reverse button’ on the proposal.
India allows investments from Pakistan: Sharma
In order to strengthen bilateral economic relations, India has allowed foreign direct investment from Pakistan, Commerce and Industry Minister Anand Sharma said on Friday.
Emphasising the need to inc
7-point strategy to boost export; Govt said
Amid global economic problems, the government on Tuesday unveiled 7-point strategy to boost exports which include extension of interest subsidy scheme by one year till March 31, 2013.
Rupee depreciation will help exporters in long run: Gujral
Notwithstanding concerns over the sliding rupee against the dollar, Finance Secretary R.S. Gujral on Friday said the depreciation of the Indian currency will ultimately help exporters in the long run.
Govt allows further export of cotton
The government on Monday decided to allow further cotton exports in 2011-12 marketing year ending September as production estimates have been revised upwards.
"A decision has been taken to remov
Board of Trade likely to meet before Foreign Trade Policy
The Board of Trade chaired by Commerce and Industry Minister Anand Sharma is likely to meet soon before finalising the Foreign Trade Policy (FTP) to discuss measures to arrest the slowdown in export g
India, Pakistan agree to open more trade routes
Just a day after opening a new integrated check post at the Attari border, India and Pakistan on Saturday said the countries were exploring the possibilities of opening more routes to deepen economic
India to allow FDI from Pak, open border post
India has decided to allow foreign direct investment from Pakistan, Trade Minister Anand Sharma said on Friday, hours before the two countries were due to open a trading post on the Wagah border in th
India achieves $300 billion exports target for 2011-12
Despite a challenging economic environment in its major markets of the US and Europe, India crossed the export target of USD 300 billion for 2011-12.
"I am happy to announce that India's exports h