Search Results for: Nirmala Sitharaman

RBI Should Hike Policy Rates to Curb Inflation: IMF

IMF suggests RBI to hike policy rates to curb inflation ahead of Ahead of the G20 Summit meet on 20-21 September at Cairns in Australia

Sep 19, 2014

Trade Minister meets US deputy national security adviser

New Delhi, Sep 12 (ANI): Union Trade Minister, Nirmala Sitharaman, on Friday (September 12), met US Deputy National Security Adviser for International Economics, Caroline Atkinson, to prepare ground for Prime Minister Narendra Modi's visit to Washington. Modi accepted an invitation to meet US President Barrack Obama after he won the general elections in May 2014, as Washington seeks to court India's new government and revive strained relations between the two countries. Modi is set to attend the United Nations General Assembly in New York and address an audience on September 28.

Sep 12, 2014

Modi May Seek China's Help to Induct High-Speed Trains, Modernise Stations

Modernisation of many Indian railway stations, upgrading signalling system at level crossings, and introduction of high-speed trains are likely to be among the economic cooperation agreements inked during Chinese President Xi Jinping's India visit next week.

Sep 12, 2014

China likely to set up industrial parks in country: Trade Minister

New Delhi, Sept 10: China is likely to announce establishment of industrial parks in India during President Xi Jinping's visit this month, Trade Minister Nirmala Sitharaman said on Wednesday. Addressing mediapersons, Sitharaman also said that India will ask China to set up manufacturing units for exports as it seeks to restore economic momentum and provide jobs for the tens of thousands of people entering the workforce each month.India is good with rich manpower, well trained manpower, we think, particularly, in activities where large scale technology driven but labour intensive production units have to be set in. No other better place can be in the globe today than in India. So the Chinese investments are being drawn.

Sep 10, 2014

India Signs Trade Agreement in Services and Investments with ASEAN

India signed the long-pending free trade agreement in services and investments with the ASEAN on Monday.

Sep 9, 2014

Trade minister says initiatives taken directly influence socio-economic policy

New Delhi, Sept 09 (ANI): Union trade minister Nirmala Sitharaman said that inclination in country’s industrial growth will have a positive bearing on socio-economic policy. Sitharaman was addressing a press conference in New Delhi, where she highlighted a number of initiatives taken by the Department of Industrial Policy and Promotion, as well as the international agreements it had signed. Sitharaman said that the priority of Prime Minister Narendra Modi led Bharatiya Janata Party (BJP) government was to improve on excellence. She added that the major policy initiatives that India has taken in terms of opening up many sectors of investment from abroad such as defence, railways and construction, Foreign Direct Investment (FDI) has been eased out.

Sep 9, 2014

Germany's foreign minister visits New Delhi to boost bilateral trade

New Delhi, Sep 07 (ANI): German Foreign Minister Dr Frank-Walter Steinmeier has arrived in New Delhi for a three-day visit to hold political and business talks with India in a bid to boost bilateral trade. During his visit, Steinmeier will hold talks with the Indian Prime Minister, Narendra Modi, his counterpart Sushma Swaraj as well as Education Minister Smriti Irani, Parliamentary Affairs Minister M Venkaiah Naidu and the Trade Minister Nirmala Sitharaman. He is scheduled to hold meetings with Indian business leaders in order to boost bilateral trade and facilitate German investment in India.

Sep 7, 2014

Karnataka State Film Awards Announced; Darshan Chosen as Best Actor

Nirmala Chennappa is selected as the Best Actress for her performance in "Tallana", which bags the Best Film Award.

Aug 26, 2014

Nirbhaya-inspired fashion photoshoot sparks outrage

New Delhi/Kanpur, Aug 06 (ANI): The Nirbhaya-inspired 'fashion shoot' on Wednesday drew criticism from women activists. The National Commission of Women has called for strict action against the photoshoot depicting the December 16 gangrape incident. A week ago, fashion photographer Raj Shetye released his latest photoshoot and spread a wave of outrage. Titled 'The Wrong Turn', the photo series features a woman surrounded by lecherous men in a bus.

Aug 6, 2014

India to Sign WTO Deal by September if Members Agree to Demands

India said it would sign the WTO deal as early as next month if WTO members agree to its food security demands.

Aug 5, 2014

Nepalese Commerce Minister meets Indian counterpart over trade and other issues

New Delhi, Aug 01 (ANI): Nepalese Commerce Minister Sunil Bahadur Thapa met his Indian counterpart Nirmala Sitharaman in New Delhi ahead of Prime Minister Narendra Modi's visit to the Himalayan country. Thapa, who is on a four-day visit to India, has discussed issues of bilateral concerns, including trade, investment and petroleum supplies, during his meeting with Finance Minister Arun Jaitley and other leaders. Modi would go to Kathmandu on August 03 for a two-day visit. Both the countries are likely to sign some agreements to further boost trade and investment in areas like power, infrastructure and services sector. Earlier, India's foreign minister Sushma Swaraj and her Nepalese counterpart Mahendra Bahadur Pandey signed a Memorandum of Understanding (MoU) on various projects in Kathmandu.

Aug 1, 2014

No change in India's stand on WTO: Nirmala Sitharaman

New Delhi, Aug 01 (ANI): Minister of State for Commerce and Industry, Nirmala Sitharaman, who met US Secretary of Commerce, Penny Pritzker in New Delhi said country's position remained unchanged on the WTO impasse. The ministers had met to review the trade ties between the two nations before Indian Prime Minister Narendra Modi's visit to United States in September this year. New Delhi has insisted that, in exchange for signing the trade facilitation agreement, it must see more progress on a parallel pact giving it more freedom to subsidise and stockpile food grains than is allowed by World Trade Organisation (WTO) rules. Meanwhile, Sitharaman added that both India and United States are looking for good deliverables.

Aug 1, 2014

Japanese Trade Minister Kazuyoshi Akaba eyes strong relationship with India

New Delhi, July 31 (ANI): Japanese trade and industry minister, Kazuyoshi Akaba, met India's trade minister Nirmala Sitharaman in New Delhi on Thursday in a bid to enhance bilateral ties. Later in the day Akaba also met separately with India's information and broadcasting Minister Prakash Javadekar and Law minister Ravi Shankar Prasad. The two countries are expected to announce plans to accelerate negotiations over Japan's bilateral carbon offset mechanism when Japanese Prime Minister Shinzo Abe will welcome Indian Prime Minister Narendra Modi to Tokyo likely in August for annual talks. A deal would allow Japanese companies to install carbon-cutting technology in India and in return receive carbon credits under the Joint Crediting Mechanism (JCM) that can be used to offset their own carbon footprint under the country's emissions target or be sold to the Japanese government.

Jul 31, 2014