US Energy Secretary Rick Perry said on Thursday that export of crude oil from the US to India will help in creating jobs, and bring economic stability in both the nations. The statement comes after a few days of the first-ever consignment of American crude oil reached India.
A 4-member delegation from the Govt. of UK consisting of senior officials from UK's Government Digital Service (GDS), led by Mr. Andy Beale, Chief Technology Officer, held a meeting with the Indian delegation led by Secretary, Department of Administrative Reforms and Public Grievances (DARPG), Shri C. Viswanath, on 26th September.
The new hard-to-fake Rs 500 and Rs 2,000 currency notes will be available at bank ATMs when they start operating again from Friday, Finance Secretary Ashok Lavasa said on Wednesday.
"There are going to be some difficulties which they (people) will face but for their convenience, a number of steps have been taken by the government, there are facilities to withdraw money from ATM and exchange currency at banks, withdraw money from accounts," he said on government withdrawing Rs 500 and Rs 1,000 notes from circulation to crack down on black money and counterfeit currency.
People, he said, do understand the objective behind the move. "And I'm sure they will cooperate in dealing with the difficulties and inconvenience that they might face. And eventually things will settle down."
Government has allowed NABARD to disburse Rs.21,000 crore to cash-starved farmers, helping them sow winter crops like wheat ahead of the sowing season, Economic Affairs Secretary Shaktikanta said today.
An online portal for facilitating trade between India and Iran was launched today by Dr. Inder Jit Singh, Additional Secretary, Department of Commerce in the presence of H.E. Gholamreza Ansari, Ambassador of Islamic Republic of Iran, Khaleel Rahim, CMD, STC, and other Directors of STC.
Around 20 mines across the country would be put to auction soon, Union Secretary for Mines Balvinder Kumar said here today.
Of the total 17 mines auctioned so far after amendment of the MMDA Act, the highest 7 blocks belonged to Karnataka.
Ramesh Abhishek, Secretary, Department of Investment Policy and Promotion (DIPP), took time out of his punishing schedule to meet 'India Investment Journal' to speak about, among other things, how his department is easing rules and re-engineering government processes to make India an easier place to do business in.
ISLAMABAD: Pakistan and the United States agreed to go beyond security related relations and to promote public private partnership in business and trade ties.
The agreement came during meeting between finance minister Dr. Abdul Hafeez sheikh and US deputy secretary of state, Mr. Thomas Nides in Islamabad.
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WASHINGTON: Chairman Privatization Commission Mohammad Zubair will announce Pakistan's power sector privatization programme at a roadshow being held in Washington on Thursday (Oct 8). The Chairman arrived in the US capital this week accompanied by Secretary Privatization Commission, Ahmad N Sukhera, Secretary Ministry of Water and Power, Mohammad Younus Dagha and Senior Advisor NEPRA, Hussnain Zaigham to participate in the event.
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British Business Secretary Vince Cable on Tuesday has assured Commerce Minister, Anand Sharma, that his country was committed to an "enhanced partnership" with India.
Garment exports from India to the US, the European Union and Japan are likely to pick up in months ahead on the back of improvement in their retail markets, Confederation of Indian Textile Industries (CITI) General Secretary D K Nair said.
Leaders of the group of 20 developing countries (G20) should focus on environment-friendly measures to promote global economic recovery, UN Secretary-General Ban Ki-moon has said.
India and the US will hold their first strategic dialogue in Washington on Thursday with External Affairs Minister S.M. Krishna expecting a very positive outcome from the talks he leads with Secretary of State Hillary Clinton.
Micro and Small Enterprises (MSEs) are in for a windfall, as the government may approve the 20 percent purchase policy for MSEs in a month, said Dinesh Rai, Secretary MSME, on the sidelines on an event in the capital on recently.
The Orissa government has signed agreements with five independent producers for five coal-fired power projects to generate 4,800 MW at an investment of Rs.23,203.52 crore, energy secretary P.K. Jena said.
Opining that it is the right time for the government to take the right kind of measures that will help textile industry to witness a 5 per cent positive growth in exports in the current financial year as compared to the corresponding year, said the Confederation of Indian Textile Industries (CITI) General Secretary D K Nair.