News for 'Commerce Department'

PMO steps in to speed up GST refunds for exporters

PMO steps in to speed up GST refunds for exporters

Rediff.com9 Mar 2018

The GST Council on Saturday is expected to extend the date for IGST exemption and cess on imports

Sazawal on civil nuclear trade advisory board

Sazawal on civil nuclear trade advisory board

Rediff.com2 Feb 2011

Dr Vijay Sazawal, director, government programs, United States Enrichment Corporation, Inc, a leading supplier of enriched uranium fuel for commercial nuclear power plants worldwide, has been appointed by Secretary of Commerce Gary Locke to serve on the Civil Nuclear Trade Advisory Committee for two years.

DGFT denies blanket ban on food imports from Japan

DGFT denies blanket ban on food imports from Japan

Rediff.com8 Apr 2011

The Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry denied having imposed any blanket ban on the import of food products from Japan even as it has imposed some strict measures.

Ministries get 60 days to decide on FDI plans

Ministries get 60 days to decide on FDI plans

Rediff.com7 Jun 2017

A panel led by the secretaries of the DEA and the DIPP would conduct a quarterly review on the pending proposals.

India's 3-pronged strategy to raise share in global trade

India's 3-pronged strategy to raise share in global trade

Rediff.com25 Apr 2015

India is keen to improve share of services in global trade.

Invest India sets up cell to facilitate Make in India campaign

Invest India sets up cell to facilitate Make in India campaign

Rediff.com26 Sep 2014

The queries can now be addressed to and their responses accessed from the makeinindia.com website that was unveiled along with the campaign aimed at making India a manufacturing hub by Modi at a mega event in New Delhi on Thursday.

Brexit woes ease; Nifty reclaims 8,200 on 7th Pay Commission approval

Brexit woes ease; Nifty reclaims 8,200 on 7th Pay Commission approval

Rediff.com29 Jun 2016

Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.

Centre opens 10 joint secy level posts for 'outstanding individuals'

Centre opens 10 joint secy level posts for 'outstanding individuals'

Rediff.com10 Jun 2018

The initiative is being called lateral recruitment to senior positions in the government.

US trade team to learn Mumbai dabbawallahs' secrets

US trade team to learn Mumbai dabbawallahs' secrets

Rediff.com4 Feb 2011

US Commerce Secretary Gary Locke's robust meetings in Mumbai, includes a bilateral with the Governor of the RBIndia Dr D Subbarao and senior officials at the Department of Atomic Energy and the Nuclear Power Corporation of India, in addition to speeches to the Federation of the Indian Chambers of Commerce and Industry and the National Association of Software and Service Companies, will also be punctuated with an interaction with the dabbawallahs or tiffin caterers.

Lessons from China to boost India's telecom sector

Lessons from China to boost India's telecom sector

Rediff.com5 Aug 2014

The bulk of this money will, however, be spent on buying imported equipment, mainly from Europe and China.

US moves to facilitate high tech trade with India

US moves to facilitate high tech trade with India

Rediff.com25 Jan 2011

On the eve of US Commerce Secretary Gary Locke's trip to India next week as the head of a high-tech trade mission of 23 American companies, including Fortune 500 heavyweights and also several small and medium enterprises, the Department of Commerce has moved expeditiously to implement the export control initiatives to facilitate high tech trade with India.

Top earners, high-growth sectors under tax scanner

Top earners, high-growth sectors under tax scanner

Rediff.com30 Jul 2014

The Central Board of Direct Taxes has asked field officers to augment tax collections by ensuring that sectors growing at faster rates compensate for those growing slower.

Govt approves easier Angel Tax exemption process for start-ups

Govt approves easier Angel Tax exemption process for start-ups

Rediff.com16 Jan 2019

To seek tax exemption, a start-up will now have to apply, with all the documents, to the DIPP instead of the inter-ministerial board of certification. The earlier requirement of start-up to submit report from merchant banker specifying the fair market value of shares has also been removed.

Why India must worry over the Data Protection Bill

Why India must worry over the Data Protection Bill

Rediff.com30 Dec 2019

Sections in the draft Personal Data Protection Bill are a blatant violation of the Right to Privacy as guaranteed by the Constitution.

Modi wants India to break into the $5 trillion club

Modi wants India to break into the $5 trillion club

Rediff.com22 Jun 2018

Listing out the achievements of his government, he said the country has moved away from a culture of delaying work through 'atkana, latkana and bhatkana' (obstructing, delaying and misguiding).

Modi reconstitutes Niti Aayog; Shah ex-officio member

Modi reconstitutes Niti Aayog; Shah ex-officio member

Rediff.com6 Jun 2019

Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.

NRI to be Dy US Trade Representative

NRI to be Dy US Trade Representative

Rediff.com14 Sep 2005

US President George W Bush has announced that he intends to nominate an Indian American, Karan K Bhatia, of Maryland, as Deputy US Trade Representative, with the rank of Ambassador.

Aarogya Setu tops charts with 75 million downloads

Aarogya Setu tops charts with 75 million downloads

Rediff.com25 Apr 2020

The exponential number of downloads can be attributed to a call by Prime Minister Narendra Modi, asking people to have the app on their mobiles, combined with the government's push for downloading of the app through other channels, reports Neha Alawadhi.

Lockdowns cost insurers Rs 45,000 crore in premiums

Lockdowns cost insurers Rs 45,000 crore in premiums

Rediff.com17 Sep 2020

However, the number of renewals has grown by only 0.4 per cent, which means only high value and ticket size renewals are coming.

Tamil Nadu rakes in Rs 19,083 cr investment in 10 months

Tamil Nadu rakes in Rs 19,083 cr investment in 10 months

Rediff.com16 Dec 2019

At a time when investors are taking a "wait and watch" approach on fresh investment, Tamil Nadu in the past 10 months has signed 63 MoUs, enabling investment worth Rs 19,083 crore. After Palaniswami took over as chief minister in February 2017, cumulative FDI rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion by June this year. Thanks to the Tamil Nadu Business Facilitation Act, 2018, and the single window for applying and getting clearance for doing business, the ease of business issue has been addressed.

US imposes sweeping new sanctions on Iran

US imposes sweeping new sanctions on Iran

Rediff.com22 Sep 2020

'Today, I am taking new actions to restrict Iran's nuclear, ballistic missile, and conventional weapons pursuits. My Administration will never allow Iran to have a nuclear weapon, nor will we allow Iran to endanger the rest of the world with a fresh supply of ballistic missiles and conventional arms,' Trump said in a statement.

More Indian Americans quit Obama administration

More Indian Americans quit Obama administration

Rediff.com12 Aug 2011

Two more senior Indian American Obama administration officials have flown the coop.

Maharashtra's Covid curbs: What is allowed/not allowed

Maharashtra's Covid curbs: What is allowed/not allowed

Rediff.com4 Apr 2021

The weekend lockdown will start from 8 pm on Fridays and last till 7 am on Mondays. Besides, prohibitory orders will be in force during daytime on weekdays, the Chief Minister's Office (CMO) said in a statement.

Why are govts out to de-fang FAANG?

Why are govts out to de-fang FAANG?

Rediff.com8 Jan 2021

So far, there seems to be limited debate about their activities in India, where virtually all FAANG companies have teamed up in different ways with India's most powerful businessman, observes T N Ninan.

MHA issues fresh guidelines on lockdown exemption

MHA issues fresh guidelines on lockdown exemption

Rediff.com25 Mar 2020

The guidelines listed several services including government and private offices that will be out of bounds during the period, while exempting establishments such as hospitals, ration shops, dairies, banks, insurance offices, and print and electronic media. Delivery of all essential goods including food, pharmaceuticals, medical equipment through e-commerce has also been exempted from the purview of the lockdown.

Goodbye IRCTC!

Goodbye IRCTC!

Rediff.com7 Sep 2018

Union Railway Minister Piyush Goyal said that even he finds it difficult to remember it sometimes and would be better to have a name that is easy to remember while browsing the internet

Defence ministry opposes hike in FDI limit

Defence ministry opposes hike in FDI limit

Rediff.com12 Apr 2010

The new Consolidated Foreign Direct Investment Policy, effective from April 1, limits FDI in defence units to 26 per cent. But the Department of Industrial Policy & Promotion of the commerce ministry is in favour of raising this limit.

Govt may soon ban FDI in cigarette manufacturing

Govt may soon ban FDI in cigarette manufacturing

Rediff.com22 Mar 2010

Currently, 100 per cent FDI in is permitted if the companies manufacture cigars or cigarettes or allied products.

FinMin against relaxing 30% domestic sourcing norms for Apple

FinMin against relaxing 30% domestic sourcing norms for Apple

Rediff.com25 May 2016

Single-brand retailers are also allowed to take e-commerce route for such trading.

New Data Bill may hit tech businesses hard

New Data Bill may hit tech businesses hard

Rediff.com19 Dec 2019

'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'

How states are ensuring food reaches your plates

How states are ensuring food reaches your plates

Rediff.com14 Apr 2020

Most key rabi-producing states of north India, such as Madhya Pradesh and Rajasthan, have staggered their procurement to enable farmers to come in batches, so that there is no overcrowding. The Centre has also set up a call centre to coordinate the inter-state movement of farm commodities.

Rural India back on politicians' itinerary

Rural India back on politicians' itinerary

Rediff.com9 Oct 2007

The farm sector's contribution to Indian economy is just around 20 per cent and rural India is in a shambles.

THIS is the number of students India sent to the US

THIS is the number of students India sent to the US

Rediff.com18 Nov 2019

With 202,014 students, India sends the second largest number of foreign students to the United States, a report said.

Hydroxychloroquine exports only to foreign govts, not pvt cos

Hydroxychloroquine exports only to foreign govts, not pvt cos

Rediff.com10 Apr 2020

India will export anti-malarial drug hydroxychloroquine, high in demand globally, only to foreign governments and not to private companies, as the product is under prohibited or banned category of exports, sources said. Although exports of this medicine is completely banned, India has decided to export this anti-malarial drug in sync with its global commitment to deal with the coronavirus pandemic.

India to tap African markets to boost exports

India to tap African markets to boost exports

Rediff.com25 May 2010

India largely exports pharmaceutical products, minerals, plastics, cotton, garments, iron and steel.

Key N-deal architect likely to be new US envoy to India

Key N-deal architect likely to be new US envoy to India

Rediff.com2 Sep 2017

As the Under Secretary for Commerce, Juster played a key role in developing the Indo-US deal.

Raids in ministries exposes racket of selling documents to corporates

Raids in ministries exposes racket of selling documents to corporates

Rediff.com12 Mar 2015

6 locations in New Delhi and 2 in Mumbai were raided.

Government mulls changes to FDI oversight

Government mulls changes to FDI oversight

Rediff.com18 Nov 2010

A committee of secretaries will be meeting soon to consider a draft proposal, which suggests that decision-making on all policy issues pertaining to FDI be transferred from the Department of Industrial Policy & Promotion (DIPP) in the Ministry of Commerce to the Department of Economic Affairs (DEA) in the Ministry of Finance.

Govt plans to keep close eye on FII holdings

Govt plans to keep close eye on FII holdings

Rediff.com26 Nov 2009

Volatility in investments concern for RBI.