india-not-to-compromise-on-food-subsidy-programme-at-wto

India not to compromise on food subsidy programme at WTO

New Delhi, Nov 30 (ANI): Commerce minister, Anand Sharma has stated that there will be no compromise on its Food Subsidy Programme at a WTO (World Trade Organisation) ministerial meeting next week that diplomats feel could be a stumbling block to the deal. Addressing a news conference in New Delhi, Sharma, who will lead the delegation to Indonesia, said a group of 33 countries was supporting India's stand on the food subsidy programme which he said was "sacrosanct, non- negotiable." The minister said public procurement could not be released for global trade. Nov 30, 2013
bangladesh-heads-for-total-deadlock-as-political-battle-intensifies

Bangladesh heads for total deadlock as political battle intensifies

Dhaka, Nov 23 (ANI): President of the Dhaka Chamber of Commerce and Industry (DCCI), Md. Sabur Khan called for political consensus between the leading parties, as the battle for power intensified, plunging Bangladesh into violence. The stand-off between Prime Minister Sheikh Hasina and her arch rival and former premier Begum Khaleda Zia is nothing new. While talking to a reporter in Dhaka, Khan said that there should be a discussion between the leading parties to facilitate free and fair elections. Expressing concern over political uncertainty, Khan said the present uncertainty would not help the leaders in the long run. Nov 23, 2013
fpcci-chief-favours-special-trade-status-for-india

FPCCI chief favours special trade status for India

New Delhi, Nov 4 (ANI): President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Zubair Ahmed Malik, has pitched for Most Favoured Nation (MFN) status for India and liberalized visa regime to boost bilateral trade. Malik said the focus is to improve trade between two neighbours. Trade has long been tied to political issues between the hostile neighbours. The MFN status would help normalize trade relations between the two nuclear-armed rivals by ending heavy restrictions on what India is allowed to export across the border. New Delhi granted its neighbour such a status in the mid-nineties. Nov 16, 2013
india-signs-four-agreements-with-peru

India signs four agreements with Peru

Lima, Oct 29 (ANI): Vice President Hamid Ansari, who was on a state visit to Peru to boost bilateral relations, signed four agreements with the mineral rich Latin American country including one on defence cooperation and another on the establishment of a Joint Commission. The two other agreements were on exchange programmes in the field of education and another letter of intent for cooperation in the field of culture. Ansari also launched Indian Chamber of Commerce (INCHAM), in Peru. The chamber will help Indian businesses that want to engage in trade and industry with Peru and neighbouring Latin American countries Oct 29, 2013
onion-prices-likely-to-fall-in-2-3-weeks-sharad-pawar

Onion prices likely to fall in 2-3 weeks: Sharad Pawar

New Delhi, Oct 24 (ANI): Union Agriculture Minister Sharad Pawar on Thursday said that no drop in onion production is expected due to some crop damage because of rains. He said that the prices are likely to fall in the next 2-3 weeks. The minister said that the Centre will release Rs 921.98 crore to Maharashtra for the damages caused to onion crop due to excess rains. There is no real scarcity of onions, Commerce Minister Anand Sharma, said, adding that the prices are expected to stabilize in the coming few weeks. Oct 24, 2013
anand-sharma-on-onion-price-hike

Anand Sharma on onion price hike

New Delhi, Oct 24 (ANI): Union Commerce Minister Anand Sharma on Thursday said that there is no real scarcity of onions and that its prices are expected to stabilize in the coming few weeks. Earlier this week, onion prices touched Rs 100 per kg in some major cities as supplies remained tight. Oct 24, 2013
artificial-shortage-being-created-to-raise-price-anand-sharma-on-onion-price

Artificial shortage being created to raise price: Anand Sharma on onion price

New Delhi, Oct 22 (ANI): Trade and Commerce minister Anand Sharma has said that the state governments must act firmly against the hoarders who have stocked onions to raise price as there is no shortage in crops. Talking about the hike in price of onions, Sharma said that the crisis is temporary and will settle down soon. Oct 22, 2013
bjp-on-pms-china-visit

BJP on PMs China visit

New Delhi, Oct 22 (ANI): Reacting over Prime Minister Manmohan Singh’s ongoing tours to Russia and China, the BJP on Tuesday said that till now his foreign visits have not yielded tangible results. BJP leader Captain Abhimanyu said that the opposition, however, expects that the PM will take up the issues pertaining to the border violations by China in the strongest possible manner. He further added that matters like issuing visas to Indian citizens, water sharing, trade and commerce should thoroughly be discussed. Oct 22, 2013
india-seeks-hungarys-support-for-seat-in-nuclear-suppliers-group

India seeks Hungary's support for seat in Nuclear Suppliers Group

New Delhi, Oct 18 (ANI): Prime Minister Manmohan Singh has sought his Hungarian counterpart Viktor Orban's support for New Delhi's full membership in the Nuclear Suppliers Group. The United States, Britain, France are among countries pushing for allowing India - a growing market for such commerce - to join the 48-nation Nuclear Suppliers Group (NSG), a move that would boost the Asian nation's status as an atomic power. But many countries worry about the implications for wider efforts to prevent the spread of atomic bombs if India were to enter the group, keeping in view that it has refused to sign global anti-nuclear weapons pact. Further Manmohan Singh said both India and Hungary have agreed to create a global normative framework, as it poses a common threat to modern democratic societies. Oct 18, 2013
coalgate-frsh-fir-judiciary-should-step-in-to-avoid-nation-bearing-economic-consequences-says-anan

Coalgate frsh FIR: Judiciary should step in to avoid nation bearing economic consequences, says Anan

New Delhi, Oct 17 (ANI): Reacting to the fresh FIR by the CBI against the industrialist KM Birla and Former Coal Secretary PC Parekh, Commerce Minister Anand Sharma said that judiciary should step in when the issue gets serious and take cognizance because it is the country which has to bear economic consequences. Further, he said that there should be distinction made between bona fide decisions and decisions which are improper. Oct 17, 2013