Feb 19, 2021 07:35 PM IST
Replying to a query on the rising fuel prices, he said that the petroleum prices are rising continuously as 70 percent of our fuel needs are dependent on the import of oil.
- May 23, 2020 05:52 PM IST
In view of the present pandemic crisis, he said, the first and foremost work for exporters is to find the markets where demand support is given by their respective governments through a package, citing examples of the US and Europe.
- May 05, 2020 08:45 PM IST
Prabhu in a virtual interaction with members of the Indo-Canadian Business Chamber (ICBC) recognized the impact of the COVID-19 pandemic and the changes it would bring to global business and trade practices, while outlining eight key areas of enhanced cooperation between India and Canada going forward, according to a statement.
- Apr 25, 2020 09:00 PM IST
Speaking at a digital conclave on 'Indo-US Trade Cooperation post-COVID-19', the former commerce and industry minister said: "Now, India and the USA need to not only continue investing in each other's countries but also invest and operate projects in other countries jointly".
- Mar 18, 2020 12:42 PM IST
Sources said though Prabhu has tested negative for the coronavirus, he, however has decided to stay in isolation as a precaution.
- Jan 22, 2020 02:21 PM IST
Speaking here at a session on 'The Great Indo Pacific Race', Prabhu also said oceans will play a very important role going forward, including for trade and security.
- Jan 05, 2020 08:05 AM IST
"India today is a USD 2.5 trillion economy, and we have set a target of becoming USD 5 trillion by 2025. In this target, 50 per cent will be international trade, of which exports will be a major component," Prabhu said.
- Dec 07, 2019 08:19 PM IST
"So, when we talk about USD 5 trillion economy, it will be largely from the startups. It is inevitably bound to happen all over the world, thankfully our prime minister realised it and had that vision to understand the changing economic scenario of the Indian economy," Prabhu said here at an event.
- May 27, 2019 04:04 PM IST
"Continuing the ongoing process of discussions and talks, USTR officials are expected to come down next week to take forward the talks held last week," a senior government official told Moneycontrol.
- May 14, 2019 08:01 PM IST
Among the 24 invited countries, 22 participated and 17 countries signed a joint declaration issued after the meet.
- May 09, 2019 08:45 AM IST
In the wake of crisis-hit Jet Airways suspending operations, the ministry decided to allocate the vacant slots at the airports in the national capital and Mumbai to other carriers. The move is part of larger efforts to increase capacity amid recent surge in airfares.
- May 07, 2019 02:50 PM IST
US had notified in March that India did not qualify for the Generalized System of Preferences benefits under their updated eligibility criteria.
- May 06, 2019 09:55 PM IST
Although India has said the withdrawal of GSP benefits by the US will not impact domestic exporters, local industry has demanded for continuation of the incentives.
- Apr 30, 2019 09:06 PM IST
Issues such as withdrawal of GSP benefits by Washington are expected to come up for the discussion.
- Apr 27, 2019 08:15 PM IST
The Union minister for commerce, industry and civil aviation said if the national growth was at six per cent and those of the districts was four per cent, the aggregate growth would be 10 per cent.
- Apr 26, 2019 08:13 PM IST
Responding to a question here about the clip and accompanying message which alleged that the box contained 'Rs 15 crore', Prabhu said, 'I don't have fifteen rupees in my pocket, where is the question of Rs 15 crore!'
- Apr 17, 2019 08:10 AM IST
Addressing a press conference here, Prabhu said the the central government is concerned about the mining industry in the state, considering the social cost incurred since its closure.
- Apr 16, 2019 11:04 AM IST
Jet Airways is grappling with acute financial crunch and is operating less than 10 planes besides temporarily suspending international operations.
- Apr 15, 2019 07:35 PM IST
The Union Minister for Civil Aviation, Commerce and Industry, who is here to campaign for BJP candidate Nalin Kumar Kateel, said the Modi government had implemented several schemes in social and health sectors and for the welfare of women and youth in the last five years.
- Apr 12, 2019 09:54 PM IST
As the crisis in the private airline deepened, the Prime Minister's Office called an urgent meeting to discuss the situation, an official source said.
- Apr 12, 2019 09:38 AM IST
"Directed Secretary MoCA to review issues related to Jet Airways. Asked him to take necessary steps to minimise passenger inconvenience and ensure their safety," Prabhu tweeted in the morning.
- Apr 03, 2019 06:52 PM IST
Against the backdrop of lenders set to take control of Jet Airways under a debt resolution plan, he said banks are direct stakeholders and are dealing with commercial matters of the airline where the ministry would not like to intervene.
- Mar 29, 2019 08:08 AM IST
In total, both "merchandise and services exports put together will reach about USD 540 billion" by the end of this fiscal, the minister said here at a function.
- Mar 11, 2019 06:40 PM IST
The direction comes a day after a 737 MAX aircraft, operated by Ethiopian Airlines, crashed killing 157 people.
- Mar 07, 2019 09:25 PM IST
He said the country's merchandise exports have seen high growth in the past six years through sector-specific interventions, focused export promotion initiatives, and quick resolution of issues.