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Sharma to release studies to improve engineering goods exports

February 15, 2010 by admin  
Filed under Newz

Commerce and Industry Minister Anand Sharma will soon release three strategy papers aimed at increasing exports of labour intensive engineering goods that have been hit hard by the global slump in demand. The papers of Engineering Export Promotion Council (EEPC), the apex body of engineering goods exporters, would recommend policy measures for growth of the sector, ...

FDI norms eased; 13th financial commission report to be tabled in Budget session

February 12, 2010 by admin  
Filed under Newz

To smoothen overseas fund flows into the country, the government on Thursday liberalised the FDI regime and empowered FIPB to approve projects envisaging foreign equity investment of up to Rs 1,200 crore. "This is the first major change and liberalisation after 1996 caping of Rs 600 core (FIPB's earlier limit)," Commerce and Industry Anand Sharma told ...

January exports jump 11.5pc

February 12, 2010 by admin  
Filed under Newz

For the third month in a row, exports rose in January, reporting 11.5 per cent growth to USD 14.34 billion, against USD 12.9 billion in the yea-ago period, Commerce and Industry Minister Anand Sharma said in New Delhi on Thursday. Sharma said sectors which have done exceedingly well in the reporting month include fruits and vegetables, ...