News for 'Commerce Ministers'

Protesting farmers confine ex-Haryana minister, BJP leaders in temple

Protesting farmers confine ex-Haryana minister, BJP leaders in temple

Rediff.com5 Nov 2021

According to a police official, the incident occurred when Grover along with the local BJP leaders reached the temple complex as part of their plan to watch from there the live telecast of Prime Minister Narendra Modi unveiling a statue of Adi Shankaracharya at the seer's rebuilt samadhi in Kedarnath.

Govt junks Tesla's demand for company-specific incentives

Govt junks Tesla's demand for company-specific incentives

Rediff.com1 Dec 2023

India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. If the government has to consider providing incentives then it will only be for all EV makers and entrants who want to come to India, the official said. The official added that inter-ministerial discussions have happened on the customs duty concession demand of the US-based electric car maker Tesla, but "we never" came to any conclusion on those.

Sitharaman takes charge as defence minister, lists out priorities

Sitharaman takes charge as defence minister, lists out priorities

Rediff.com7 Sep 2017

She says her priority areas would be military preparedness, defence indigenisation, and the welfare of soldiers.

VP poll: Of 780 MPs, 725 cast vote; Dhankhar frontrunner

VP poll: Of 780 MPs, 725 cast vote; Dhankhar frontrunner

Rediff.com6 Aug 2022

All MPs of the Lok Sabha and the Rajya Sabha, including nominated members, are entitled to vote in the vice presidential election.

'They want to suffocate our voices'

'They want to suffocate our voices'

Rediff.com23 Feb 2024

'Farmers have been sent notices in which the government is threatening that if you will join the movement, then we will impound your ancestral properties.' 'We will seal your bank accounts.' 'We will revoke the passports of your kids.'

Himanta's wife files Rs 10cr defamation suit against Gaurav Gogoi

Himanta's wife files Rs 10cr defamation suit against Gaurav Gogoi

Rediff.com23 Sep 2023

Riniki Bhuyan Sarma, the wife of Assam Chief Minister Himanta Biswa Sarma, has filed a Rs 10 crore defamation suit against Congress MP Gaurav Gogoi for 'false' allegations of irregularities in a food processing project.

Imports of California walnut rise after India removes tariff

Imports of California walnut rise after India removes tariff

Rediff.com8 Jan 2024

The California walnuts shipped from the US to India have seen a sharp uptick with imports more than doubling from September to November against the same period last year. This comes after New Delhi removed its retaliatory customs tariffs on the key dry fruit. Two days ahead of US President Joe Biden's visit to New Delhi to attend the G20 Summit on September 9-10, India dropped additional customs duties on about half a dozen US goods that were imposed in 2019 in response to America raising tariffs on certain steel and aluminum products coming from India.

India, US settle final trade dispute at WTO

India, US settle final trade dispute at WTO

Rediff.com8 Sep 2023

India and the US have settled the last trade dispute at the World Trade Organization (WTO) over poultry products, according to a joint statement released on Friday. With this, the two countries have mutually resolved all the seven pending trade disputes at the WTO. "The leaders lauded the settlement of the seventh and last outstanding WTO dispute between India and the United States.

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

Former home minister Buta Singh passes away

Former home minister Buta Singh passes away

Rediff.com2 Jan 2021

The senior Congress leader was in a coma since October last year, when he was admitted to AIIMS after he suffered a brain haemorrhage.

India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

Rediff.com31 Mar 2023

The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime. Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed, said Director General of Foreign Trade (DGFT) Santosh Sarangi while briefing media about FTP 2023. Earlier, Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023.

40-year-old fintech gurus need 60-year-olds to handhold them

40-year-old fintech gurus need 60-year-olds to handhold them

Rediff.com19 Mar 2024

The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.

E-retailers festive season sales flouting FDI norms

E-retailers festive season sales flouting FDI norms

Rediff.com12 Oct 2015

The CAIT has complained to the Commerce Ministry to take action against these companies.

Germany 'takes note' of Rahul's disqualification

Germany 'takes note' of Rahul's disqualification

Rediff.com30 Mar 2023

As Germany took note of Rahul Gandhi's disqualification from Lok Sabha, the Bharatiya Janata Party on Thursday accused the Congress of 'inviting foreign powers' for interference in India's internal matters and the Opposition party hit back, alleging that its rival was attempting to divert attention from the Adani issue.

India In 2023: 'Looking Like A Wow'

India In 2023: 'Looking Like A Wow'

Rediff.com27 Dec 2023

'An important dimension that shone through was the enormous pride in India, a general belief that as Indians we are starting to count globally and we are at the forefront of the world.'

Karnataka bandh: 44 flights cancelled; train, bus services hit

Karnataka bandh: 44 flights cancelled; train, bus services hit

Rediff.com29 Sep 2023

As many as 44 flights to and from the Kempegowda International Airport in Bengaluru were cancelled owing to the Karnataka bandh over the Cauvery water sharing issue with Tamil Nadu, airport authorities said.

When Narasimha Rao Agreed To A JPC

When Narasimha Rao Agreed To A JPC

Rediff.com14 Apr 2023

There is, between Rao's tenure as PM and the current Modi regime, a powerful resonance of how transition can be managed. Rao's tenure saw many scams -- one where he was supposedly approached by Harshad Mehta with a bribe for making the securities scam go away. The Opposition insisted on a JPC. Despite knowing a JPC report would undermine him politically, Rao agreed to one, saying he had 'nothing to hide'.

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.

'India should not behave like a big brother towards Maldives'

'India should not behave like a big brother towards Maldives'

Rediff.com5 Feb 2024

'India should respect Maldivian nationalism and their desire to be not over-dependent on India.' 'India should not behave like a big brother towards Maldives as many times, we tend to behave like that.'

Auto sector discusses issues with Commerce Min

Auto sector discusses issues with Commerce Min

Rediff.com16 Jun 2014

In the 2012-13, car sales in India fell 6.69 per cent, which was the first decline in a decade.

Tatas to be India's first homegrown iPhone maker

Tatas to be India's first homegrown iPhone maker

Rediff.com27 Oct 2023

Tata Group is set to become India's first homegrown iPhone maker after Taiwan's Wistron Group agreed to sell a plant in Bengaluru to India's largest conglomerate. Wistron's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd to Tata Electronics for $125 million, the Taiwanese electronics manufacturer said in a statement on Friday. The unit operates an iPhone assembly plant near Bengaluru.

When will Modi shuffle his ministers?

When will Modi shuffle his ministers?

Rediff.com30 Jul 2020

Far more important than governance is to ensure how different states get necessary representation a'The pressure to expand the council of ministers will come from states where the BJP has formed a government after ousting the Congress,' predicts A K Bhattacharya.

Markets in bear hug; Sensex, Nifty end in red

Markets in bear hug; Sensex, Nifty end in red

Rediff.com30 Sep 2021

PowerGrid was the top loser in the Sensex pack, shedding around 3 per cent, followed by Asian Paints, Axis Bank, Kotak Bank, Bajaj Auto, SBI and M&M.

Will quit politics if charges against wife proved: Himanta

Will quit politics if charges against wife proved: Himanta

Rediff.com14 Sep 2023

Gogoi and Sarma have been locked in a war of words on 'X' since Wednesday on the issue of the chief minister's wife's company allegedly being given a credit subsidy of Rs 10 crore.

PM asks Varanasi weavers to utilise growing e-commerce market

PM asks Varanasi weavers to utilise growing e-commerce market

Rediff.com7 Nov 2014

The ancient temple town is famous for silk products crafted by its master weavers.

E-com start-up Dukaan lays off 90% staff for AI bot

E-com start-up Dukaan lays off 90% staff for AI bot

Rediff.com11 Jul 2023

E-commerce startup Dukaan has replaced 90 per cent of its customer support team with an artificial intelligence (AI) chatbot, founder and CEO Suumit Shah informed on Tuesday. Attributing the decision to prioritising profitability, he said customer support costs reduced by 85 per cent while resolution time went down from over two hours to three minutes. "We had to lay off 90 per cent of our support team because of this AI chatbot. Tough? Yes. Necessary? Absolutely," Shah tweeted.

Foxconn unit in talks for $200 million components plant in Tamil Nadu

Foxconn unit in talks for $200 million components plant in Tamil Nadu

Rediff.com28 Jul 2023

Taiwan-based Hon Hai Technology Group, the subsidiary of Foxconn Industrial Internet (Fii), is in talks with the Tamil Nadu government to invest around $200 million to set up an electronic components unit in the state. According to a Reuters report, FII, which makes communication, mobile network and cloud computing equipment, has shared the plan with the Tamil Nadu state officials. Business Standard had reported last week that Fii's chief executive officer (CEO) Brand Cheng met Tamil Nadu Chief Minister M K Stalin and Minister for Industries, Investment Promotion and Commerce TRB Rajaa.

Kissinger used racist, misogynist language for then PM Indira Gandhi

Kissinger used racist, misogynist language for then PM Indira Gandhi

Rediff.com30 Nov 2023

Speaking about the issue in India in March 2012 at a media conclave, Kissinger defended his use of unparliamentary language while referring to Prime Minister Indira Gandhi.

Adani Crisis: No Harm To National Interest

Adani Crisis: No Harm To National Interest

Rediff.com22 Feb 2023

Those who worry that the Adani saga will turn the world off India are not looking at the entire picture, asserts Mihir S Sharma.

Tesla looking at sourcing components worth about $1.9 bn from India: Goyal

Tesla looking at sourcing components worth about $1.9 bn from India: Goyal

Rediff.com13 Sep 2023

US-based electric vehicle maker Tesla is looking to source components worth around $1.9 billion this year against $1 billion last year, Commerce and Industry Minister Piyush Goyal said on Wednesday. The minister said that going forward, demand for electric vehicles will increase and it will help in pushing the growth of the sector. "Tesla already last year bought one billion dollars of components from I think all of you sitting here.... I have the list of companies who supply to Tesla.

Modi's US visit: Why Amazon, Google raised their India bet

Modi's US visit: Why Amazon, Google raised their India bet

Rediff.com26 Jun 2023

American online major Amazon seems to be almost doubling its India investment going by the company's recent announcement during Prime Minister Narendra Modi's state visit to the US. From the time the Seattle-headquartered company started its India journey in 2013, its investment into the country is pegged at $11 billion or roughly $1.1 billion a year. By committing a fresh round of $15 billion by 2030, the Jeff Bezos-founded company's investment would go up to more than $2 billion a year over the next seven years.

Tripura CM allots portfolios; keeps home, health

Tripura CM allots portfolios; keeps home, health

Rediff.com10 Mar 2023

Saha has kept the home, health and family welfare and public works department with him while Ratan Lal Nath has been given the charge of power, agriculture and farmers' welfare, according to an official notification issued by Chief Secretary J K Sinha.

India, US to end 6 WTO disputes, Delhi to drop tit-for-tat tariffs

India, US to end 6 WTO disputes, Delhi to drop tit-for-tat tariffs

Rediff.com23 Jun 2023

In a major development, India and the US have agreed to end six trade disputes at the WTO through mutually agreed solutions, while New Delhi will remove retaliatory customs duties on certain American products such as almonds, walnuts, and apples.

'Historically, 2023 is the best year for India-US ties'

'Historically, 2023 is the best year for India-US ties'

Rediff.com8 Dec 2023

The relationship between the US and India has been very productive, in particular on the trade and technology front, and 2023 can be considered the best year historically for bilateral ties, according to a former top American trade official. Arun Kumar, an Indian-American, who served as the assistant secretary of Commerce for Global Markets and director general of the US and Foreign Commercial Service (USFCS) during the Obama administration, said this during an interview with PTI in Washington. "Looking back on 2023, it was a very productive year for the US-India relationship, by many accounts the best year historically," he said.

Nagaland: CM Rio distributes portfolios, keeps finance with him

Nagaland: CM Rio distributes portfolios, keeps finance with him

Rediff.com10 Mar 2023

Rio also appointed 24 MLAs as 'advisors' to various departments in his opposition less government.

Cutting across party lines, 27 women MPs debate, back women's quota bill in LS

Cutting across party lines, 27 women MPs debate, back women's quota bill in LS

Rediff.com20 Sep 2023

Initiating the debate on the bill from the opposition's side, Congress leader Sonia Gandhi said that any delay in bringing the reservation into effect would be "gross injustice" to Indian women.

Union ministers share farmers' langar food during meet

Union ministers share farmers' langar food during meet

Rediff.com30 Dec 2020

During the last few meetings, farmer leaders have been arranging their own lunch, snacks and beverages while refusing to have the food organised by the government.

Opposition accuses RSS, BJP ministers of lobbying against Rajan

Opposition accuses RSS, BJP ministers of lobbying against Rajan

Rediff.com19 Jun 2016

Former Finance Minister P Chidambaram had said he was "disappointed and profoundly saddened" by Rajan's decision.

US taking steps to facilitate business visas in India

US taking steps to facilitate business visas in India

Rediff.com25 Jan 2023

The US is taking several measures, such as increasing the number of staffers, to further facilitate the issuance of business visas in India, a senior US government official said on Tuesday. "We have also made significant progress by issuing more H1B and L visas in 2022 than we did even in 2019 before the pandemic. "This is a significant improvement. We are in the process of raising our staff," Arun Venkataraman, US Assistant Secretary of Commerce for global markets, said.

Nirmala Sitharaman likely to be discharged from AIIMS on Wednesday

Nirmala Sitharaman likely to be discharged from AIIMS on Wednesday

Rediff.com27 Dec 2022

Sitharaman has held pre-budget meetings to elicit views of various sections including representatives of chambers of commerce and industry.