News for 'Council on Trade and Industry'

Piyush Goyal's agenda in US

Piyush Goyal's agenda in US

Rediff.com14 Nov 2019

Among the major ones are fewer restrictions on market access for US medical device manufacturers, as well as access for other key products.

Competition Law in Digital Platform Era

Competition Law in Digital Platform Era

Rediff.com18 Jun 2021

Are we running a cricket match using football rules, asks Ajit Balakrishnan.

After 1962 China war stock markets fell 16%, gold 30%

After 1962 China war stock markets fell 16%, gold 30%

Rediff.com18 Jun 2020

The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.

How not to get duped by rogue jewellers

How not to get duped by rogue jewellers

Rediff.com20 Nov 2019

The industry body has issued two advisories in an attempt to restore jewellers credibility in the wake of the Rs 12,000-crore PNB-Nirav Modi scam, and recent defaults by two domestic jewellers - Goodwin and Rasiklal.

RCEP can be particularly beneficial for India, says report

RCEP can be particularly beneficial for India, says report

Rediff.com31 Oct 2019

The report by the High Level Advisory Group said India stands to benefit even more when the US and China are locked in a global trade war.

E-commerce firms in India form their own lobby group

E-commerce firms in India form their own lobby group

Rediff.com14 Mar 2019

The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others.

Ahead of Holi, traders burn Chinese goods to protest move on Azhar

Ahead of Holi, traders burn Chinese goods to protest move on Azhar

Rediff.com20 Mar 2019

Traders are 'chowkidar' (watchman) of Indian economy, CAIT secretary general said.

India readies plan to sell only 'clean' diamonds worldwide

India readies plan to sell only 'clean' diamonds worldwide

Rediff.com14 Nov 2018

All stakeholders in the diamond industry chain from mines to retailers have to follow a system of warranty under which they have to individually declare in the invoices they issue that what they have sold are not conflict diamonds.

Jewellers expect 10% of pre-Covid sales on Akshaya Tritiya

Jewellers expect 10% of pre-Covid sales on Akshaya Tritiya

Rediff.com14 May 2021

For the second straight year, the gems and jewellery industry is set for almost a washout of business on Akshaya Tritiya as only about 10 per cent of pre-Covid sales of 2019 are expected on Friday amid the raging pandemic sapping footfalls and purchasing power of people.

ITC chairman Y C Deveshwar passes away

ITC chairman Y C Deveshwar passes away

Rediff.com11 May 2019

His vision drove ITC to pursue business models that today support over 6 million livelihoods, many amongst the weakest in society.

Why the neglect of exports must end soon

Why the neglect of exports must end soon

Rediff.com31 Aug 2017

It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.

Have traders lost faith in Modi government?

Have traders lost faith in Modi government?

Rediff.com2 Mar 2020

CAIT has attributed its displeasure to the economic downturn, and indifferent attitude of ministers/officials towards domestic trade.

Akshaya Tritiya was never so dull for jewellers

Akshaya Tritiya was never so dull for jewellers

Rediff.com27 Apr 2020

Industry estimates over 30 tonnes of gold were sold on Akshaya Tritiya this time.

More bad news for the economy; exports dip 6.7% in Sep

More bad news for the economy; exports dip 6.7% in Sep

Rediff.com15 Oct 2019

Out of 30 key export sectors, as many as 22 showed negative growth in September.

Why jewellers are returning to the unorganized sector

Why jewellers are returning to the unorganized sector

Rediff.com7 Aug 2019

They are now scaling or shutting down their businesses because they can't compete with untaxed grey market gold. India's gold smuggling has increased significantly since the import duty was increased in the Union Budget 2019 in contravention with the broader market expectations of a cut.

PM, CEOs review economic situation

PM, CEOs review economic situation

Rediff.com26 May 2010

The Prime Minister's Council on Trade and Industry comprising top industrialists and bankers met on Wednesday and reviewed the economic situation, particularly in the wake of the European financial crisis.

Curbs on biz visas will impact Indo-US ties

Curbs on biz visas will impact Indo-US ties

Rediff.com15 Apr 2013

In a letter to the bipartisan group of eight Senators -- called Gang of Eight -- who are working on the negotiations for a comprehensive immigration reform, the council has opposed several provisions of the proposed bill, which it believes, if implemented, would end up targeting Indian companies.

Modi meets French Prez Macron, both leaders may discuss Ukraine crisis

Modi meets French Prez Macron, both leaders may discuss Ukraine crisis

Rediff.com5 May 2022

Macron held a tete-a-tete with Modi before the delegation-level talks at the Elysee Palace - the official residence of the French president.

Indian exporters can't crack Chinese, US markets

Indian exporters can't crack Chinese, US markets

Rediff.com25 Sep 2017

Demand will boom in the US and China, but exporters say it will be difficult for India to tap these markets.

Pak MFN status to India likely by June

Pak MFN status to India likely by June

Rediff.com2 May 2013

Pakistan has already missed a December 31, 2012 deadline to end a negative list regime for trade and give MFN-status to India.

GST: Promise and pitfalls

GST: Promise and pitfalls

Rediff.com13 Jun 2017

Under GST, the small and medium industries would have to handle things on their own, says V S Krishnan.

Coronavirus impact: Show halts for event management companies

Coronavirus impact: Show halts for event management companies

Rediff.com23 Mar 2020

Cancellation of at least Rs 3,000-crore worth of business has happened in the past few weeks.

GST transitional issues: What more needs to be done

GST transitional issues: What more needs to be done

Rediff.com6 Jun 2017

An area of worry relates to simplification of the refund procedure where the inverted duty structure prevails

Proposal to bring back fixed-term employment on anvil

Proposal to bring back fixed-term employment on anvil

Rediff.com27 Dec 2017

Under fixed-term employment, workers are entitled to all statutory benefits available to a permanent worker in the same factory. However, employers may not give notice to a fixed-term worker on non-renewal or expiry of his or her contract.

Modi government retreats on labour laws

Modi government retreats on labour laws

Rediff.com8 Jun 2016

On the eve of the Modi government's two years in office, the RSS-linked Bharatiya Mazdoor Sabha leadership met Finance Minister Arun Jaitley. After the meeting, the BMS claimed the FM told its delegation 'the government has realised that labour reforms are not essential for industrial growth in the country.'

India's tweaking of FDI norms aimed at only China

India's tweaking of FDI norms aimed at only China

Rediff.com28 Apr 2020

'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.

Are Artificial Diamonds the Future?

Are Artificial Diamonds the Future?

Rediff.com2 Sep 2021

Don't expect the synthetic stones to surpass natural ones anytime soon because the world's biggest miners of diamonds aren't looking to get into man-made diamonds.

India readying a more transparent gold policy

India readying a more transparent gold policy

Rediff.com31 May 2017

The proposed bullion bank can help settle gold loan accounts in gold terms, and promote existing gold schemes, along with launching schemes including gold-recurring deposits.

Why exports keep missing ministry target

Why exports keep missing ministry target

Rediff.com24 Apr 2019

A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.

Record gold prices pare India's gold demand by 9 pc

Record gold prices pare India's gold demand by 9 pc

Rediff.com30 Jan 2020

However, in 2020, gold demand in India -- the world's second biggest consumer after China -- could increase to 700-800 tonnes on hopes of increased acceptance of high price level and likely economic reforms boosting consumer confidence, World Gold Council said.

How The Pandemic Affected Puja

How The Pandemic Affected Puja

Rediff.com11 Oct 2021

The estimated size of the Durga Puja economy could be about Rs 2.75 trillion in 2021 had there been no pandemic, points out Atanu Biswas.

Blasts: Diamond merchants want special security

Blasts: Diamond merchants want special security

Rediff.com15 Jul 2011

Surat Diamond Association, the apex body of diamond industry in Ahmedabad, has said there should be a special force for the security of diamond industry in the wake of serial blasts in Mumbai.

US keen on investment treaty with India

US keen on investment treaty with India

Rediff.com16 Jun 2009

The recession hit US today said it wants to enhance dialogue with India on key trade policy issues, including the bilateral investment treaty under negotiation.

Can India Deal with Halahal In Amrit Kaal?

Can India Deal with Halahal In Amrit Kaal?

Rediff.com15 Aug 2022

We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.

Why is Blinken Rushing to Delhi?

Why is Blinken Rushing to Delhi?

Rediff.com26 Jul 2021

The elephant in the room will permeate the conversations, predicts Rup Narayan Das.

Ban on H-1B visas to hit innovation, investment: America Inc

Ban on H-1B visas to hit innovation, investment: America Inc

Rediff.com23 Jun 2020

Massive restrictions on legal immigration - including restricting immigrants who contribute to medicine, science, and research in the United States, and who are working to develop treatments for coronavirus and other deadly diseases - will not only hinder efforts to save lives, but prevent job creation and hurt American economy as the country struggles to recover.

Code of conduct soon for jewellers

Code of conduct soon for jewellers

Rediff.com13 Nov 2019

Confidence had ebbed in the last few years due to default by some errant domestic retailers and exporters. Moreover, many jewellers are believed to have diverted the fund collected through monthly deposit schemes to pay 'mark-to-market' margins on various loans.

The Sooner Woke-dom Dies, The Better

The Sooner Woke-dom Dies, The Better

Rediff.com11 Feb 2022

As far as Hindus are concerned, the eclipse of Wokeism cannot come any sooner, says Rajeev Srinivasan.

Customs allows e-clearance for moving laptops

Customs allows e-clearance for moving laptops

Rediff.com27 Mar 2020

The Customs clearance required for moving equipment like laptops, desktops, etc out of SEZ units was delaying things as the clearance had to be taken in person after a first level of approval online.

Anand Sharma's prescription for the ailing economy

Anand Sharma's prescription for the ailing economy

Rediff.com27 Aug 2013

Sharma was addressing the members of the Board of Trade, a body comprising captains of Indian industry.