News for 'Commerce and Industry Ministry'

Farmer agitation 'infiltrated by Leftists, Maoists': Goyal

Farmer agitation 'infiltrated by Leftists, Maoists': Goyal

Rediff.com12 Dec 2020

"We now realise that the so-called farmer agitation hardly remains a farmers' agitation. It has almost got infiltrated by Leftist and Maoist elements, a flavour of which we saw over the last two days when there were extraneous demands to release people who have been put behind bars for anti-national (and) who have been put behind bars for illegal activities," Goyal, the Minister for Railways, Commerce and Industry and Food and Consumers Affairs, said at FICCI's annual meeting.

Digital India and Modi's Vision 2022 master plan

Digital India and Modi's Vision 2022 master plan

Rediff.com27 May 2019

Agriculture, social services, education, defence and so on will be brought into the digital fold and every gram panchayat will be connected to the internet.

What drove July core sector growth

What drove July core sector growth

Rediff.com1 Sep 2017

Growth was primarily pushed by a jump in steel and electricity generation, apart from a sustained rise in natural gas output.

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.

Covid wave: Govt speeds up import approval for 17 medical equipment

Covid wave: Govt speeds up import approval for 17 medical equipment

Rediff.com30 Apr 2021

Recently, the finance ministry waived off basic customs duty and health cess on imported oxygen and related equipment for three years.

How much diamonds were imported in April-November?

How much diamonds were imported in April-November?

Rediff.com2 Mar 2018

Two entities under the Union ministry of commerce report differing figures for import of cut and polished diamonds for the first eight months of the financial year.

Board of Trade may meet on Oct 11 to review exports

Board of Trade may meet on Oct 11 to review exports

Rediff.com5 Oct 2011

A meeting of the Board of Trade, an advisory body to the Commerce Ministry, is likely to be held on October 11, a ministry official said.

Amid Twitter standoff, Union ministers shifting to Koo

Amid Twitter standoff, Union ministers shifting to Koo

Rediff.com11 Feb 2021

Koo, which works on similar lines as Twitter, was born with a focus on regional language, unlike Twitter and Facebook, which are very popular but primarily cater to an English-speaking audience, reports Neha Alawadhi.

India's fuel sales slump 50% in April

India's fuel sales slump 50% in April

Rediff.com17 Apr 2020

The only fuel that showed growth was LPG as the government dole of free cooking gas cylinders to poor households fired up consumption by 21 per cent during April 1 to 15.

Argentina to resolve drugs restriction issue

Argentina to resolve drugs restriction issue

Rediff.com4 May 2011

Argentina has assured India that it will resolve the issue of restrictions on import of Indian drugs to the Latin American country.

Sops to SEZs will continue: Sharma

Sops to SEZs will continue: Sharma

Rediff.com4 Dec 2009

Batting for the worried SEZ developers who fear withdrawal of incentives in the new direct tax code, Commerce and Industry Minister Anand Sharma on Friday said his ministry would ensure that the sops continue.

SEZ developers allowed to dilute project equity

SEZ developers allowed to dilute project equity

Rediff.com9 Dec 2011

Cabinet nod not required after commerce ministry approval.

Customers in limbo as banks, RBI thrash out differences

Customers in limbo as banks, RBI thrash out differences

Rediff.com30 Aug 2021

The payments industry is at a crossroads with the banking regulator on two pressing issues, neither of which seems headed towards an amicable solution. Depending upon which side accommodates the other, customers in India will have to choose between convenience and ironclad safety. In the end, the Reserve Bank of India (RBI), which regulates both banks and all payments services providers, will prevail. But the question is: will it do so by bending a little or by sticking to its firm stand? The two issues - one concerning payment facilitators storing customers' card details and the other about auto-renewal of payments - appear similar but aren't.

India aims to raise exports to $450 bn by 2013-14

India aims to raise exports to $450 bn by 2013-14

Rediff.com24 Feb 2011

The Ministry of Commerce and Industry on Thursday issued a discussion paper to achieve merchandise exports worth $450 billion in the next three years through greater market diversification, research and development and a thrust towards brand promotion.

Don't gag large projects, environ minister told

Don't gag large projects, environ minister told

Rediff.com23 Aug 2011

Union Commerce and Industry Minister Anand Sharma has protested, on behalf of the corporate sector, against the Union environment and forests ministry's 'unreasonable environment regulations' being clamped on the industrial projects.

Finetune environment policy: Anand Sharma

Finetune environment policy: Anand Sharma

Rediff.com22 Aug 2011

The immediate trigger is the environment ministry's latest policy of asking corporates to mandatorily commit five per cent of project investments in environment protection measures.

Allow foreign brokers in comexes: DIPP

Allow foreign brokers in comexes: DIPP

Rediff.com17 Feb 2010

DIPP's proposal is believed to have the support of the ministry of consumer affairs, food and public distribution and was originally mooted by the Forward Markets Commission.

A Serendipitous Civil Service Career

A Serendipitous Civil Service Career

Rediff.com22 Dec 2022

Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top of the civil service as the Cabinet Secretary or his misfortune in losing a daughter in her prime and suggests that his career was indeed serendipitous, observes Ambassador T P Sreenivasan.

Adani, Sitharaman line up for yoga session

Adani, Sitharaman line up for yoga session

Rediff.com21 Jun 2022

Billionaire Gautam Adani on Tuesday did an hour-long session of yoga exercises in the open air as he led corporate India to join the International Day of Yoga celebrations. Several public and private sector companies held yoga sessions at their offices to promote the adoption of exercise in daily routines to stay fit and healthy. Adani, chairman of logistics-to-energy conglomerate Adani Group, and his wife Priti, who heads the Adani Foundation, "participated with more than 1,000 members of the Adani Parivaar team to celebrate health, mindfulness and meditation," the group said in a statement. The session was held at a football ground at Adani Shantigram in Ahmedabad. Several other business leaders tweeted pictures of their yoga sessions.

Coronavirus impact: Tourist inflow to India drops by 30%

Coronavirus impact: Tourist inflow to India drops by 30%

Rediff.com12 Mar 2020

India has announced suspension of all tourist visas till April 15 in a bid to contain the spread of the virus.

Infy co-founder 'Kris' Gopalakrishnan heads govt data panel

Infy co-founder 'Kris' Gopalakrishnan heads govt data panel

Rediff.com14 Sep 2019

'The idea is to have a separate and independent consultation on non-personal data, and decide the contours of how it should be regulated, whether as guidelines, rules, or a separate policy,' said a senior official at MeitY.

Sagarmala project: Poor planning on container traffic haunting shippers

Sagarmala project: Poor planning on container traffic haunting shippers

Rediff.com31 Mar 2022

Since January this year, Indian exporters have begun to dread the shipping news. That's because most of it would be about another lot of shipping companies deciding to avoid Indian ports on account of delays.

Nirmala repeats her feat, breaches another male bastion

Nirmala repeats her feat, breaches another male bastion

Rediff.com31 May 2019

Sitharaman, who became the first full-time woman defence minister in the first tenure of the Bharatiya Janata Party-led National Democratic Alliance government -- will also head the Corporate Affairs ministry in the new cabinet.

4 former Congress ministers join BJP in Punjab

4 former Congress ministers join BJP in Punjab

Rediff.com5 Jun 2022

Former Congress MLA from Barnala, Kewal Dhillon, and former Shiormani Akali Dal MLAs Sarup Chand Singla and Mohinder Kaur Josh also joined the BJP.

Package to remove foreign taxation glitches on anvil

Package to remove foreign taxation glitches on anvil

Rediff.com11 Jan 2013

Norms for e-commerce likely, arm's-length pricing set for change.

PM Modi arrives in Delhi following 3-nation tour

PM Modi arrives in Delhi following 3-nation tour

Rediff.com28 Jun 2017

Modi, upon arrival, was received by External Affairs Minister Sushma Swaraj.

SC decision on Novartis historic: Anand Sharma

SC decision on Novartis "historic": Anand Sharma

Rediff.com1 Apr 2013

Says Indian Patent Law conforms fully with global obligations under the WTO IPR pact-TRIPS.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

Ohio BPO ban: Legally, India can't do anything

Ohio BPO ban: Legally, India can't do anything

Rediff.com10 Sep 2010

Officials in the government, however, said India could only lodge a protest and not take legal action against the US.

Exports up 48.34% in June; trade deficit at $9.37 bn

Exports up 48.34% in June; trade deficit at $9.37 bn

Rediff.com15 Jul 2021

The country's exports rose by 48.34 per cent to $32.5 billion on account of healthy growth in shipments of petroleum products, gems and jewellery, and chemicals, leather and marine goods, according to the data released by the Commerce Ministry on Thursday. Imports in June too rose by 98.31 per cent to $41.87 billion, leaving a trade deficit of $9.37 billion as against a trade surplus of $0.79 billion in the same month last year. During April-June 2021, the exports increased by 85.88 per cent to $95.39 billion.

ComMin wants RBI to slash rates on export credit

ComMin wants RBI to slash rates on export credit

Rediff.com19 Jan 2010

The Commerce Ministry wants the Reserve Bank to reduce interest rate for dollar credit in its forthcoming monetary policy to help sustain the fledgling recovery in the exports sector.

India set to take on US over probe into IPR laws

India set to take on US over probe into IPR laws

Rediff.com24 Feb 2014

To deny visa to trade officials planning to scrutinise country's trade and industrial practices.

Defence equipment: To lease or not to lease?

Defence equipment: To lease or not to lease?

Rediff.com30 Nov 2020

Admiral describes it as 'a path-breaking change'; defence ministry official disagrees.

Nirmala Sitharaman says discussing Apple's request for FDI rules waiver

Nirmala Sitharaman says discussing Apple's request for FDI rules waiver

Rediff.com30 May 2016

The minister, however, said she was not in favour of relaxing rules for Apple to sell refurbished second-hand phones in India

Govt hints at sops to achieve $320 bn export target

Govt hints at sops to achieve $320 bn export target

Rediff.com21 Nov 2012

Trade deficit with China has risen to $40 billion, a cause for worry.

Now, govt mulls anti-dumping duty on steel

Now, govt mulls anti-dumping duty on steel

Rediff.com1 Apr 2009

Just days before the G-20 summit in London, the commerce ministry has recommended anti-dumping duty on cold-rolled stainless steel originating in eight countries, including China.

India Inc creating jobs for Americans

India Inc creating jobs for Americans

Rediff.com20 Feb 2008

India Inc has couter attacked claims by US presidential candidates about the drain of jobs from US to India.

Amazon's $500m retail food project to be cleared soon

Amazon's $500m retail food project to be cleared soon

Rediff.com13 Jun 2017

With the abolition of the Foreign Investment Promotion Board (FIPB), Amazon's proposal will now be vetted by the Department of Industrial Policy and Promotion (DIPP) under the commerce ministry.

Anand Sharma seeks relief for exporters

Anand Sharma seeks relief for exporters

Rediff.com15 Jun 2009

Batting for exporters hit hard by global downturn, Commerce and Industry Minister Anand Sharma on Monday met Finance Minister Pranab Mukherjee and made out a strong case for fiscal relief for the export sector in the Budget next month.