News for 'Commerce Department'

Russia offers oil at even cheaper rates to India

Russia offers oil at even cheaper rates to India

Rediff.com12 Sep 2022

"In principle, the ask in return is that India should not support the G7 (Group of Seven) proposal. "A decision on this issue will be taken later following talks with all the partners," an official with the Ministry of External Affairs (MEA) said.These "substantial discounts" will be steeper than those offered by Iraq in the past two months, officials said.

No consensus on plastic recycling units in SEZs

No consensus on plastic recycling units in SEZs

Rediff.com12 Oct 2010

The government has failed to reach a consensus on the issue of setting up plastic reprocessing units in special economic zones and is likely to defer its decision once again in the meeting of the Board of Approval on October 21.

SEZs tax issue hangs fire

SEZs tax issue hangs fire

Rediff.com16 Oct 2003

Can India Create Multi Language AI Like Chat GPT?

Can India Create Multi Language AI Like Chat GPT?

Rediff.com8 Jan 2024

Creating an LLM trained on Indian languages is not easy. Experts say each language in India has a nuance of its own, so creating a ChatGPT-like product is an ambitious challenge.

ASK MAYANK: Can my son do his MBA without giving CAT?

ASK MAYANK: Can my son do his MBA without giving CAT?

Rediff.com5 May 2023

You can apply for online MBAs that won't require CAT scores, suggests rediffGURU Mayank Kumar.

What Pranab Mukherjee thought about Rahul Gandhi

What Pranab Mukherjee thought about Rahul Gandhi

Rediff.com7 Dec 2023

'If Rahul couldn't persuade his colleagues without resorting to theatrics, then maybe politics wasn't his calling

FTA not at the cost of domestic manufacturing: Govt

FTA not at the cost of domestic manufacturing: Govt

Rediff.com27 Oct 2011

"It will be ensured that such agreements (free trade agreements) do not have a detrimental effect on domestic manufacturing in India," according to the National Manufacturing Policy (NMP), cleared by the Union Cabinet on October 25.

$800/tonne minimum export price imposed on onion

$800/tonne minimum export price imposed on onion

Rediff.com28 Oct 2023

The government on Saturday imposed a minimum export price (MEP) of $800 per tonne on onion exports till December 31 this year with a view to increase availability of the vegetable in the domestic market and contain prices. The decision will come into effect from October 29. Besides, the government has also announced the procurement of additional 2 lakh tonnes of onion for the buffer, over and above the 5 lakh tonnes already procured.

Budget may be a dry affair for exporters

Budget may be a dry affair for exporters

Rediff.com13 Mar 2012

Officials have stated the finance ministry is also contemplating doing away with some of the key export promotion schemes, to check revenue leakage -- such as the advance licence scheme and export promotion capital goods scheme.

Nath seeks view on FDI in retail

Nath seeks view on FDI in retail

Rediff.com9 Feb 2005

India, US to reduce trade barriers

India, US to reduce trade barriers

Rediff.com20 Nov 2004

India and the US have discussed "practical steps" to reduce the barriers to bilateral high technology trade while enhancing security of such trade.

M&M gets nod to set up SEZ

M&M gets nod to set up SEZ

Rediff.com8 Sep 2004

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Rediff.com25 Sep 2022

Kumar, a 1992-batch Indian Administrative Service officer of Tamil Nadu cadre, is currently an additional secretary in the ministry of electronics and Information Technology.

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

Govt may cut transaction costs

Govt may cut transaction costs

Rediff.com30 Nov 2005

India-Asean services deal hits roadblock

India-Asean services deal hits roadblock

Rediff.com15 Dec 2010

According to a senior commerce department official, talks between India and the Association of South East Asian Nations (Asean) - the 10-country trading bloc - have hit a roadblock, with some of the advanced developing countries demanding greater flexibilities from India.

Why reopening LoC trade routes remain a pipedream for Kashmir traders

Why reopening LoC trade routes remain a pipedream for Kashmir traders

Rediff.com26 Apr 2019

The chances of the posts opening remain slim, with security agencies recently identifying 10 suspects who smuggled in weapons, narcotics and fake currency.

Mamata removes Partha Chatterjee from cabinet, all TMC posts

Mamata removes Partha Chatterjee from cabinet, all TMC posts

Rediff.com28 Jul 2022

The ED had arrested Chatterjee, who is also the Trinamool Congress secretary-general, on July 23 in connection with its investigation into alleged irregularities in the recruitment drives by the School Service Commission.

Trade policy in choppy waters

Trade policy in choppy waters

Rediff.com15 Sep 2004

Microsoft gives ONDC its first Big Tech push

Microsoft gives ONDC its first Big Tech push

Rediff.com10 Aug 2022

Microsoft has become the first global Big Tech company to join the Open Network for Digital Commerce (ONDC), an Indian government initiative for developing a first-of-its-kind open network for digital commerce. The world's second-largest technology firm intends to introduce social e-commerce via its app in the Indian market later this year. ONDC is expected to open to the public in Bengaluru over the next fortnight as it enters into the next phase of the pilot for further fine-tuning before rollouts in other cities, according to a source in the know.

Lokayukta to probe illegal export of iron ore

Lokayukta to probe illegal export of iron ore

Rediff.com24 Jul 2010

Facing flak from opposition Congress on the mining issue, the Karnataka government on Monday ordered a probe by Lokayukta into illegal export of minerals, including iron ore, from 2000 till date.

'Absolutely believe it was a success': US on G20 Summit in Delhi

'Absolutely believe it was a success': US on G20 Summit in Delhi

Rediff.com12 Sep 2023

The US hails the landmark 'India-Middle East-Europe Economic Corridor' which will usher in a new era of connectivity from Europe to Asia and will stimulate economic growth across the two continents.

FDI cap on trading in SEZs set to go

FDI cap on trading in SEZs set to go

Rediff.com29 Apr 2004

DEPB scheme to stay

DEPB scheme to stay

Rediff.com26 Aug 2004

Truckers' stir turns violent in Rajasthan; fuel rush across many states

Truckers' stir turns violent in Rajasthan; fuel rush across many states

Rediff.com2 Jan 2024

Petrol pumps in many cities witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers against a provision in the new penal law on hit-and-run accident cases involving motorists.

Amazon fined for selling sub-standard pressure cookers

Amazon fined for selling sub-standard pressure cookers

Rediff.com4 Aug 2022

The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 1 lakh on e-commerce major Amazon for selling pressure cookers that did not meet quality standards. The CCPA also directed Amazon to notify the consumers of all these 2,265 pressure cookers sold through its platform, recall the products and reimburse the prices to buyers, the Department of Consumer Affairs said in a statement.

LIC IPO: Govt to review & simplify FDI policy

LIC IPO: Govt to review & simplify FDI policy

Rediff.com7 Jan 2022

The government is working towards further review and simplification of the foreign direct investment (FDI) policy to facilitate the proposed initial public offering (IPO) of the Life Insurance Corporation (LIC), Department for Promotion of Industry and Internal Trade (DPIIT) secretary Anurag Jain said on Thursday. The final decision will be taken by the Cabinet. The industry department is working together with the finance ministry's department of financial services (DFS) and department of investment and public asset management (DIPAM) towards a successful listing of the life insurer on the domestic bourses, which is expected to be the largest in India.

Can BJP Wrest Mahakoshal From Congress?

Can BJP Wrest Mahakoshal From Congress?

Rediff.com16 Nov 2023

Modi and Chouhan have visited Mahakoshal multiple times and reached out to tribals to shore up support for the BJP.

REL's Dadri SEZ plan held up

REL's Dadri SEZ plan held up

Rediff.com18 Aug 2005

'Many Indian unicorns have set up businesses in Dubai'

'Many Indian unicorns have set up businesses in Dubai'

Rediff.com16 Sep 2023

'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'

US census bureau to report same-sex couples

US census bureau to report same-sex couples

Rediff.com4 Aug 2009

In a major policy reversal the US Commerce Department has officially announced that the US Census Bureau would report married same-sex couples in the 2010 census.

Himanta inducts 2 cabinet ministers, rejigs several seniors' portfolios

Himanta inducts 2 cabinet ministers, rejigs several seniors' portfolios

Rediff.com9 Jun 2022

The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.

Gujarat, Karnataka are best states for start-ups

Gujarat, Karnataka are best states for start-ups

Rediff.com4 Jul 2022

Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.

Govt tightens noose around e-tailers, 9 depts to monitor biz

Govt tightens noose around e-tailers, 9 depts to monitor biz

Rediff.com30 Jan 2015

Each dept could handle a designated area.

SEZs may get more service tax respite

SEZs may get more service tax respite

Rediff.com26 Oct 2007

Analysts point out that exporters outside SEZs enjoy Cenvat credit against service tax paid on a host of services subscribed to while engaging in export-related activities. In addition, the department of revenue recently permitted service tax exemption on seven services used by exporters.

Soaring veggie prices stoke inflation fears

Soaring veggie prices stoke inflation fears

Rediff.com12 Jul 2023

Unprecedented rains and floods in the northern region in the past few days have not only caused extensive damage to lives and property but have also impacted business and commercial establishments. Vegetable prices have gone through the roof in the national capital and many other parts of the country since rains started pouring earlier this month. Traders say vegetable prices would come down only after roads open and skies clear, even as water in the fields will take time to recede.

US blacklists Huawei, places it on entity list

US blacklists Huawei, places it on entity list

Rediff.com16 May 2019

The Department of Commerce alleged that Huawei was engaged in activities that are contrary to US national security or foreign policy interest.