Suresh Prabhu

Ten-time minister Suresh Prabhu, referred to as India’s reforms man, in a conversation with Shweta Punj said that India’s actions against Pakistan are a reaction.

Education system will have to become mentor and enabler as AI grows: Suresh Prabhu

Educational institutions will need a sharp shift from being 'teaching' institutions to 'learning' institutions, Suresh Prabhu, former Union Minister told Moneycontrol in an exclusive interview.

New National Cooperative Policy almost ready: Suresh Prabhu

Prabhu said the policy has the potential to change the socio-economic dimension of India, substantially increasing the share of cooperatives in the total GDP.

India rides on consumption boom, investments to hit the fast lane: Suresh Prabhu

Prabhu said government policies need to be balanced for higher consumption but, at the same time, should elevate savings for all – households, corporates and government – to make available a bigger pool for investment-led growth

Govt working on reducing people's woes: Suresh Prabhu on fuel prices

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.

Exporters need to identify niche markets, key products to boost shipments: Suresh Prabhu

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.

India working on aggressive strategy to attract FDI: Suresh Prabhu

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.

India, US need to collaborate, operate projects jointly: Former Union Minister Suresh Prabhu

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".

Coronavirus pandemic | Suresh Prabhu goes into self-quarantine as precautionary measure after coming from Saudi Arabia

Sources said though Prabhu has tested negative for the coronavirus, he, however has decided to stay in isolation as a precaution.

All must support WTO for global trade: Suresh Prabhu

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.

India needs to strengthen manufacturing for achieving $5 trn economy goal: Prabhu

"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.

Startups will be key in India becoming USD 5 trn economy: Prabhu

"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.

Building on Wilbur Ross's recent visit, USTR delegation may meet Commerce Ministry officials next week

"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.

WTO ministerial concludes with countries agreeing on need to resolve dispute settlement crisis

Among the 24 invited countries, 22 participated and 17 countries signed a joint declaration issued after the meet.

Suresh Prabhu seeks report on allocation of Jet Airways slots to other airlines

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.

US Commerce Secretary Wilbur Ross says India's trade policies are restrictive

US had notified in March that India did not qualify for the Generalized System of Preferences benefits under their updated eligibility criteria.

E-comm policy, data localisation figure in Indo-US meet; GSP not discussed

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.

US Commerce Secretary Wilbur Ross to meet Suresh Prabhu on May 6

Issues such as withdrawal of GSP benefits by Washington are expected to come up for the discussion.

India working on district-based development model: Suresh Prabhu

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.

Suresh Prabhu pooh-poohs video claiming 'box' taken out of his plane

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!'

Solution to Goa mining woes after BJP returns to power: Suresh Prabhu

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.

Suresh Prabhu calls for review of issues related to Jet Airways

Jet Airways is grappling with acute financial crunch and is operating less than 10 planes besides temporarily suspending international operations.

Narendra Modi govt set to return to power: Suresh Prabhu

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.

Jet Airways to fly 6-7 aircraft on both days this weekend domestically: Aviation Secy

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.

Suresh Prabhu says directed aviation secretary to review Jet Airways' issues

"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.