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.

ED arrests ex-IAS officer in Rs 2000-cr Chhattisgarh liquor 'scam' case

ED arrests ex-IAS officer in Rs 2000-cr Chhattisgarh liquor 'scam' case

Rediff.com21 Apr 2024

The IAS officer was later taken into custody under the provisions of the Prevention of Money Laundering Act and is expected to be produced before a magistrate seeking his remand, the sources said.

NITI Aayog's Dynamic New CEO

NITI Aayog's Dynamic New CEO

Rediff.com7 Mar 2023

Go-getter, ambitious, dynamic, workaholic are some of the adjectives that officials who worked closely with B V R Subrahmanyam use to describe him.

'Entire Ayodhya has become 'Rammay'

'Entire Ayodhya has become 'Rammay'

Rediff.com20 Jan 2024

The devotion to the deity is such that even commerce is not untouched by the spiritual feel in the holy city. Images of the grand temple is finding places even on visiting cards, posters, calendars and even signages.

Omar Abdullah to contest LS poll from Baramulla

Omar Abdullah to contest LS poll from Baramulla

Rediff.com12 Apr 2024

The junior Abdullah would be banking heavily on Shia support as the constituency has many Shia dominated areas that include Budgam, Beerwah, Pattan, Sonawari and Bandipora, among other pockets.

Kharge slams party MP for 'separate country' remark

Kharge slams party MP for 'separate country' remark

Rediff.com2 Feb 2024

Union Minister Piyush Goyal on Friday sought an apology from the Congress for the controversial statement by party MP that suggested a call for a separate south nation over fiscal injustice, but the opposition party's president said it stands for a united nation and will not tolerate any such call.

For Congress in Telangana, it's a vote on 5-month rule

For Congress in Telangana, it's a vote on 5-month rule

Rediff.com13 May 2024

As the triangular political contest in Telangana intensifies, many believe that for the regional major BRS, it is a battle for survival after being routed in the assembly polls held late last year. What is haunting the party this time is the scams, the 10-year anti-incumbency factor, and family dominance in the party.

Jaishankar meets US officials, discusses security ties

Jaishankar meets US officials, discusses security ties

Rediff.com30 Sep 2023

External Affairs Minister S Jaishankar has met United States Defence Secretary Lloyd Austin and held a productive conversation with him on deepening bilateral defence cooperation, including in the co-production of defence articles, and exchanged perspectives on a variety of security issues.

Govt to procure 200K-tonne onions amid farmer protest

Govt to procure 200K-tonne onions amid farmer protest

Rediff.com23 Aug 2023

Barely days after imposing a 40 per cent export tax on onions to cool down soaring prices, which, in turn, triggered widespread protests across the main growing belts, the Centre on Tuesday sought to mitigate both political and economic tensions gripping parts of Maharashtra. It decided to procure an additional 200,000 tonnes of onions at Rs 2,410 per quintal for its buffer stock from farmers, a rate that is strikingly close to the price at which they were being exported before the 40 per cent duty was levied on August 19. The export price before the imposition of the duty stood at around $320 per tonne free on board (approximately Rs 2,650 per quintal).

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.

Modi Looms Over India's Smallest Lok Sabha Seat

Modi Looms Over India's Smallest Lok Sabha Seat

Rediff.com24 May 2024

'It is necessary to have a person at the top who can make strict decisions without hesitation. Modiji has done that.'

India, China to discuss FTA in April

India, China to discuss FTA in April

Rediff.com21 Feb 2008

A joint economic group comprising commerce ministers of India and China is scheduled to meet in the first week of April to discuss the proposed India-China Free Trade Agreement (FTA), a commerce ministry official said today.

Fall in other goods freight may put Railways' 2030 target off track

Fall in other goods freight may put Railways' 2030 target off track

Rediff.com10 Apr 2024

Indian Railways has managed to improve its freight volumes each year since the pandemic. However, its inability to add new industries and goods will pose a challenge for the national transporter in the wake of it setting an ambitious target of 45 per cent share in the national logistics by 2030. According to officials, the ministry of railways achieved 114 million tonnes (mt) of miscellaneous goods (classified as balance and other goods) in 2023-24.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Why it won't be easy for Tesla to drive into India

Why it won't be easy for Tesla to drive into India

Rediff.com10 Mar 2024

India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than $40,000, and 100 per cent for cars of higher value.

Ministry proposes to decriminalise law on collection of statistics

Ministry proposes to decriminalise law on collection of statistics

Rediff.com12 Oct 2022

A government ministry has proposed decriminalising offences under the Collection of Statistics Act 2008 as part of the government's efforts to rationalise legislations to promote the ease of doing business. The Ministry of Statistics and Programme Implementation (MoSPI) has invited public comments on its draft proposal by October 30. The proposal to amend sections of the act will decriminalise offences like obstructing or deceiving statistics officers by doing away with the provision of simple imprisonment up to six months.

What ministers are doing to control soaring food prices

What ministers are doing to control soaring food prices

Rediff.com16 Jun 2016

The country had imported 5.5 million tonnes of pulses last year.

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.

There is 'good buzz' around Indian biz ecosystem: Minister

There is 'good buzz' around Indian biz ecosystem: Minister

Rediff.com28 Nov 2014

Before growing 2.8 per cent in latest April-September period, IIP had seen negative growth of 0.1 per cent in 2013-14 period.

And Sharad Pawar Arrives...

And Sharad Pawar Arrives...

Rediff.com18 Jul 2023

Scenes from day two of the Opposition conclave in Bengaluru on Tuesday, July 18, 2023.

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.

Govt seeks to allay concern over 'retaliatory' duty cut on US apples

Govt seeks to allay concern over 'retaliatory' duty cut on US apples

Rediff.com20 Sep 2023

India's recent move to remove additional 'retaliatory' duty on eight products from the United States (US), including apples and walnuts, would not have any negative impact on the domestic producers, the government clarified, even as the issue threatened to snowball into a political slugfest between the ruling and Opposition parties. The move would, in fact, result in competition in the premium market segment, ensuring better quality at better prices for consumers, especially for apples, a senior government official said. "There were certain concerns that were being raised on the mutually agreed solution that has come in, more specific to seven-eight agriculture products where we had levied additional import duties in retaliation to the steel and aluminum measures (imposed by the US)," Peeyush Kumar, additional secretary in the commerce department, told reporters in a briefing.

Nath reiterates India's stand in WTO talks

Nath reiterates India's stand in WTO talks

Rediff.com2 Dec 2008

The meeting has been convened to conclude modalities in the Doha Development Agenda for Agriculture and Market Access for Industrial Goods. Lamy had called on Nath to inform him about the meeting and press the commerce minister to attend the meeting at any cost.

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.

Sitharaman becomes India's first full-time woman defence minister

Sitharaman becomes India's first full-time woman defence minister

Rediff.com3 Sep 2017

The 58-year-old Rajya Sabha MP will face several challenges, including strengthening of the combat capabilities of the army, navy and the air force due to changing regional security matrix and geo-political dynamics.

Farmers to take call on govt offer to buy pulses, maize at MSP

Farmers to take call on govt offer to buy pulses, maize at MSP

Rediff.com19 Feb 2024

A panel of Union ministers held a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including a legal guarantee of MSP, as thousands of protesting farmers camped at the Punjab-Haryana border.

Commerce Ministry taking legal view on Delhi's U-turn on FDI

Commerce Ministry taking legal view on Delhi's U-turn on FDI

Rediff.com15 Jan 2014

In a major policy reversal, the AAP government wrote to the Centre to withdraw approval given by previous Congress government for FDI in multi-brand retailing in Delhi, saying the entry of global chains such as Walmart and Tesco in India would result in large-scale job losses.

Jaitley on US visit from June 8-13

Jaitley on US visit from June 8-13

Rediff.com7 Jun 2003

Commerce Minister Arun Jaitley will visit the United States from June 8 to June 13 in order to promote Indo-US trade and economic relations.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

Electronics exports propelled by mobile show sharpest surge in top 10 club

Electronics exports propelled by mobile show sharpest surge in top 10 club

Rediff.com3 Jan 2024

Exports of electronics goods has risen by 24 per cent from April to November as compared with the same period in the last fiscal, the largest increase out of India's top 10 export categories. The increase has been propelled by mobile exports under the Production Linked Incentive (PLI) scheme and has pushed electronics up from sixth to fifth position in the top 10. A gap of $200 million separates electronics from occupying the fourth position, currently held by drugs and pharmaceuticals at $17.9 billion.

Many complaints on Flipkart discount sale: Minister

Many complaints on Flipkart discount sale: Minister

Rediff.com8 Oct 2014

Such campaigns would badly affect players in the traditional retail market.

What does Piyush Goyal's Tesla visit mean?

What does Piyush Goyal's Tesla visit mean?

Rediff.com14 Nov 2023

Commerce and Industry Minister Piyush Goyal has visited the manufacturing facility of US-based electric vehicle major Tesla at Fremont, California and said that the company would be doubling its auto components imports from India. The minister is in the US on a four-day visit. The world's largest electric car producer Tesla Inc's chief Elon Musk met Prime Minister Narendra Modi in June in New York and after the meeting Musk had said that he planned to visit India in 2024.

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.

One year on, India-Pakistan trade ties leapfrog

One year on, India-Pakistan trade ties leapfrog

Rediff.com27 Apr 2012

Saturday would mark the completion of a year of history being made in India-Pakistan trade relations.

Nearly Rs 41,000 crore unspent in govt's Rs 1.97 trillion PLI scheme

Nearly Rs 41,000 crore unspent in govt's Rs 1.97 trillion PLI scheme

Rediff.com12 Feb 2024

Of the Rs 1.97 trillion that the government intends to spend on all 14 production-linked incentive (PLI) schemes, around Rs 41,000 crore remains unutilised as of now, according to a senior government official. This means that 80 per cent of the total allocated amount, or Rs 1.56 trillion, will be used to pay incentives to companies eligible to claim benefits over the next few years. The unutilised amount/savings result from undersubscription, lukewarm responses in the case of schemes such as textile, as well as a reduction in the allocation of schemes.

Govt nearly doubles PLI scheme share of five key industry segments

Govt nearly doubles PLI scheme share of five key industry segments

Rediff.com12 Feb 2024

In a big push to the production-linked incentive (PLI) scheme, the government has nearly doubled (increase of 81 per cent) the allocation in five key industry segments from Rs 8,405 crore in the Revised Estimate of FY24 to Rs 15,198 crore in the Interim Budget for FY25. The segments cover over eight PLI schemes, including mobile phones, IT hardware, pharma (PLIs for medical devices, intermediates and pharmaceuticals), food processing, telecom hardware and, auto and auto components. In FY24, DPIIT officials, however, said that the disbursements would be much higher at around Rs 11,000 crore than what has been budgeted for the year.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

Farmers would have died even while staying back home: Haryana minister

Farmers would have died even while staying back home: Haryana minister

Rediff.com14 Feb 2021

Hours after making the statement, the Haryana agriculture minister said he has seen "twisted" statements, attributed to him, on social media.

'First Congress Candidate To Get Vote From A Thackeray'

'First Congress Candidate To Get Vote From A Thackeray'

Rediff.com9 May 2024

While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.

Union minister Suresh Angadi dies of COVID-19

Union minister Suresh Angadi dies of COVID-19

Rediff.com24 Sep 2020

The 65-year-old passed away at around 8 pm at the All India Institute of Medical Sciences trauma centre which has been converted into a dedicated COVID-19 facility, sources at the hospital said.