Page 2 - Suresh Prabhu

Govt is considering framing an e-commerce policy, says Suresh Prabhu

No deadline, however, has been fixed for the policy formulation, Prabhu said

Prabhu asks global funds to invest in Indian startups to get 'huge return'

Prabhu said huge investment potential exists in India as the country's economy is going to reach $10 trillion by 2035

In talks with FinMin to improve credit flow into export sector: Prabhu

Prabhu said exports are growing and the ministry is taking steps to further accelerate the growth rate

Up to private airlines' boards to ensure they function properly: Prabhu

The Civil Aviation Ministry has also decided not to intervene with respect to Jet Airways' request seeking more time for making payments to airport operators

Discussion agenda must include old, new issues for relevance of WTO: Prabhu

Prabhu said that based on his discussions with other member countries, an agenda was being prepared which will be forward-looking, agreeable to all nations and include substantive issues

Industrial park rating system to boost industry competitiveness: Prabhu

Prabhu said such systems help in improving the infrastructure of industrial parks which are present in almost all the states

Govt's attempt to privatise Air India was ill-timed: Suresh Prabhu

Stating that there are 'legacy' issues around the carrier which government is trying to resolve, he said Air India is burdened with debt, which is clearly unsustainable

China has agreed to increase its imports from India: Suresh Prabhu

Prabhu said Chinese authorities will hold a meeting in November specifically with Indian exporters to address their concerns relating to market access and trade regulations

Suresh Prabhu seeks regular safety compliance report about airlines

The development comes two weeks after the minister ordered a safety audit of all scheduled airlines and airports following an incident involving a Jet Airways flight

Prabhu to chair inter-ministerial meet on rupee, trade deficit today

Representatives from the department of economic affairs, coal ministry, steel ministry, oil ministry and department of pharmaceuticals are expected to attend the meeting

India conceptualising transport corridor between Asia, Europe: Prabhu

Prabhu says the corridor will deliver "unimaginable benefits" in terms of cutting down the time and cost of transportation for all the countries involved

Private airlines need to deal with issues on their own: Suresh Prabhu

When asked about the current situation at Jet Airways, Prabhu said, "We are not aware about their position."

India fully WTO compliant, doesn't subsidise exports: Suresh Prabhu

He said that OECD countries were giving more subsidies to their farmers, particularly in the export of agriculture products

Govt to spend $1 bn to expand services exports, says Suresh Prabhu

A strategy of products in new markets is being developed and exports are also being promoted in regions like Africa, Latin America and Central Asia, says Prabhu

Suresh Prabhu urges Airbus to manufacture planes under PM's Make in India

Airbus, at present, has more than 300 aircrafts flying in the Indian skies and another 530 have been ordered by Indian carriers

Prabhu to raise visa, steel duty, WTO issues with USTR, Commerce Sec

The country also expressed its disappointment over the US imposition of high import duties on certain steel and aluminium products

Prabhu's 'Make in India' bid,seeks US help to locally manufacture aircraft

Suresh Prabhu said such cooperation will offer great business opportunities to American companies already present in the country.

Service sector to help boost overall economic growth: Suresh Prabhu

The commerce ministry is working on a strategy to boost share of services in the country's trade

Prabhu, other ministers observe day long fast over budget session washout

The BJP MPs countrywide are observing similar protests in their constituencies

India needs to be ready for 'new normal' in global trade: Suresh Prabhu

A day before senior United States trade officials are set to discuss key issues with India, Commerce and Industry Minister Suresh Prabhu said India will need to be ready for the challenges posed to the global trading mechanism, hinting at the recent spate of protectionist measures instituted by the US.Addressing the Annual Session 2018 of the Confederation of Indian Industry, Prabhu told a large gathering of leaders from India Inc, that nations which have benefited the most from global trade through capitalism and the market economy are now resorting to unilateral measures that challenge the entire global trade mechanism set under the multilateral World Trade Organization (WTO)."And therefore we are seeing in a way, a new normal emerging. The so called certain system is being questioned, and in that context we must be ready to not only face the challenge but also convert that into an opportunity", Prabhu said, taking a dig at the US. On Tuesday, assistant US trade representative for ..