Rupee

Top 10 Expectations from Union Budget 2014-15

With just two days to go before Finance Minister Arun Jaitley lays down the Budget for this fiscal year, here's a look at all the talk and buzz surrounding the Budget and what it is expected to bring to the table. Jul 7, 2014
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Has been a constructive pre-budget engagement between centre and state: Nirmala Sitharaman

New Delhi, July 03 (ANI): After meeting between state finance ministers and union Finance Minister Arun Jaitley, MoS for Commerce and Industry Nirmala Sitharaman said that it has been a constructive engagement between the state and the centre. She said that the new government is looking at the compensation and goods and services tax (GST), which is the concern of the states. The first budget by the NDA government is to be presented on July 10. Jul 3, 2014
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Singapore Foreign Minister eyes stronger relationship with India

New Delhi, July 02 (ANI): Singapore's Foreign Minister, K Shanmugam, met Indian trade minister, Nirmala Sitharaman, on Wednesday in New Delhi and said he looked forward to take the relationship between both the countries to a higher level. Foreign minister's five-day state visit, which started on June 30, also includes tour to Chennai and Hyderabad. Shanmugam is scheduled to hold diplomatic talks with India's Defence and Finance Minister Arun Jaitley as well. Meanwhile, Shanmugam added that the world looked at India as it was a land with tremendous opportunity. Jul 2, 2014
Mh. Hamid Ansari

India, China Sign Three Key MoUs

India and China on Monday signed three MoUs—for the establishment of Industrial Parks in five Indian states, sharing flood data on Brahmaputra river and to establish a framework for regular interactions between the two nations. Jun 30, 2014
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India & China signs MoU for Chinese Industrial Parks

Beijing, June 30 (ANI): India and China on Monday signed Memorandum of Understanding (MoU) on setting up of Chinese Industrial Parks. Commerce Minister Nirmala Sitharaman also met her Chinese counterpart Gao Hucheng making a strong pitch for greater access for Indian goods and services into China and seeking big ticket investments including for Chinese industrial parks in India Jun 30, 2014
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Nirmala Sitharaman to raise trade gap issue with Chinese counterpart

Beijing, June 30 (ANI): Minister of State for Ministry of Commerce and Industry, Nirmala Sitharaman said that she would raise trade gap issue with her Chinese counterpart in a scheduled meeting, during which she is expected to pitch for big investments like Chinese industrial parks. Sitharaman is accompanying Vice President Hamid Ansari to Beijing on a five day long trip to boost bilateral ties and also participate in a trilateral summit. India runs a $40 billion bilateral trade deficit with China and the new Prime Minister Narendra Modi is expected to seek greater market access to reduce that gap. Jun 30, 2014
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Vice President Hamid Ansari visits Great Wall of China

Beijing, June 28 (ANI): On his third day in Beijing, India's Vice President Hamid Ansari visited the Great Wall of China, along with Minister of State for Commerce and Industry, Nirmala Sitharaman and other Indian officials. Ansari, who is on a five-day visit to Beijing, will also participate in a trilateral summit with host China and Myanmar on the occasion of the 60th anniversary of the Panchsheel agreement. This is the first visit of an Indian leader to China after Prime Minister Narendra Modi assumed office last month. While addressing media onboard, Ansari had said that the central government was concerned over widening trade imbalance with China, even as trade between two south Asian neighbours is increasing. Jun 28, 2014
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Vice President Hamid Ansari meets Zhao Zhengyong

XIAN, June 27 (ANI): Vice-President, Hamid Ansari, who is on a five-day visit to China, on Friday (June 27) met Secretary, Shaanxi Provincial Committee, Zhao Zhengyong . The Vice-President had arrived in Xian city on Thursday and would go to Beijing today with his delegation to boost bilateral relations between the two nations. Ansari would also participate in trilateral summit with host China and Myanmar on the occasion of 60th anniversary of the Panchsheel agreement.He is accompanied by MoS trade, Nirmala Sitharaman, and other top officials. Jun 27, 2014
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Indian Vice President visits China, says will take up matters of bilateral agenda

Beijing, June 26 (ANI): Indian Vice President Hamid Ansari on Thursday visited China's capital Beijing on the 60th anniversary of Panchsheel Treaty. Ansari said that he is having a bilateral visit and all matters of bilateral agenda will be taken up in the council. Ansari was also accompanied by Minister of Commerce and Industry Nirmala Sitharaman. Jun 26, 2014
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BJP's Nirmala Sitharaman files nomination for RS Polls from Andhra Pradesh

Hyderabad, June 21 (ANI): Union Minister and BJP leader Nirmala Sitharaman on Saturday filed her nomination papers for Rajya Sabha Polls as a lone candidate from Andhra Pradesh. Andhra Pradesh Chief Minister N Chandrababu Naidu, BJP presidents of the state and Telangana K Haribabu and G Kishan Reddy and leaders of TDP and BJP accompanied her as she submitted her papers to the Legislature Secretary. The state will be going to polls next month and last date for filing of nominations is June 23. Sitharaman is currently holding office as the Minister of State for Commerce and Industry. Jun 21, 2014
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India to review Company Act to ease business

Chennai, June 14 (ANI): Indian government will be reviewing the Company Act to ease business in the country as told by MoS of Commerce Nirmala Sitharaman on Saturday. Sitharaman, who has independent charge of the ministry, said the government would consult all the stake holders on June 21, to remove the bottlenecks to facilitate investment and jobs creation. She added that her ministry wanted to understand the difficulties and constraints faced by Special Economic Zones (SEZs). Jun 14, 2014