News for 'Department for Promotion of Industry'

Start Up India: Only 16 entities eligible for tax sops

Start Up India: Only 16 entities eligible for tax sops

Rediff.com20 Jul 2016

A total of 728 applications have been received till July 18, 2016 for Start Up recognition.

Inflation unmoved at 6.46%

Inflation unmoved at 6.46%

Rediff.com30 Mar 2007

Inflation based on the wholesale-price-index remained unchanged at 6.46 per cent for the week ended March 17 when compared to the week before. In fact, inflation is now unchanged for the last three weeks.

Is this logo 'Made in India'? Yes, says govt

Is this logo 'Made in India'? Yes, says govt

Rediff.com3 Jun 2015

The government sought to dismiss reports that the 'Make in India' logo was inspired by a Swiss bank advertisement, saying the symbol has a "vibrant and dynamic" lion as against a "dull and boring" picture in Switzerland's ad campaign.

After Trump snub, US increases defence ties with India

After Trump snub, US increases defence ties with India

Rediff.com7 Jun 2019

'The US and India continue to use their deepening relationship to build new partnerships within and beyond the Indo-Pacific.'

JD-U releases manifesto, mocks RJD's jobs promise

JD-U releases manifesto, mocks RJD's jobs promise

Rediff.com23 Oct 2020

Apart from outlining its future plans for the development of Bihar, Chief Minister Nitish Kumar led party also referred to poll promises made by the rival Grand Alliance, including approving 10 lakh jobs, and sought to know from where would they manage Rs 5 lakh crore additional money that will be required for fulfilling their 'lofty' announcements.

Ministries clash over cap on foreign stakes in drug firms

Ministries clash over cap on foreign stakes in drug firms

Rediff.com28 Nov 2013

The finance ministry is resisting pressure from other departments to cap foreign ownership of domestic drugmakers, fearing such a move would discourage potential investors, a senior ministry source said.

Make in India fails to generate more investment in states

Make in India fails to generate more investment in states

Rediff.com23 Feb 2016

While number of commitments inched up in 2015, its value slipped 23% to 11-year low.

FDI in defence: Investment of up to 49% may be allowed without tech transfer

FDI in defence: Investment of up to 49% may be allowed without tech transfer

Rediff.com4 Jun 2014

FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.

FDI review to wait till end of monsoon session

FDI review to wait till end of monsoon session

Rediff.com1 Aug 2007

The department of industrial policy and promotion has been engaged in the annual exercise of review of the FDI policy for several months and has received quite a feedback from number of ministries like petroleum, food processing and finance.

FDI doubles investments in India

FDI doubles investments in India

Rediff.com7 Jan 2008

Foreign direct investment in India has seen unprecedented growth in the recent years. FDI's contribution in India's GDP too is on the rise.

India, US agree to accelerate defence, security ties

India, US agree to accelerate defence, security ties

Rediff.com4 Dec 2018

Defence Minister Nirmala Sitharaman and her American counterpart James Mattis reviewed ongoing initiatives to further strengthen bilateral defence cooperation.

After revoking MFN status, India mulls suspending trade with Pak

After revoking MFN status, India mulls suspending trade with Pak

Rediff.com16 Feb 2019

While India does not figure in the top 10 export destinations for Pakistani goods, it serves as a crucial channel for select goods such as leather hides and cheaper variants of fertilisers that are generally procured by importers at short notice.

Congress-JD(S) reach power sharing deal, announce tie-up for 2019

Congress-JD(S) reach power sharing deal, announce tie-up for 2019

Rediff.com1 Jun 2018

The Congress has conceded the plum Finance portfolio to its junior partner, resolving a thorny issue, after its president Rahul Gandhi intervened and spoke to Kumaraswamy.

Walmart India plans likely to be at final stage

Walmart India plans likely to be at final stage

Rediff.com30 Aug 2013

Global retail giant Walmart is expected to soon firm up its plan to foray into India's multi-brand sector.

Bill Gates offers $700,000 for flood victims in Kashmir

Bill Gates offers $700,000 for flood victims in Kashmir

Rediff.com19 Sep 2014

American business tycoon and philanthropist Bill Gates, co-chair of the Bill and Melinda Gates Foundation on Friday announced an emergency relief fund of $700,000 for the flood victims of Jammu and Kashmir.

Doing biz in India to be easier

Doing biz in India to be easier

Rediff.com19 Mar 2007

The Department of Industrial Policy and Promotion in the commerce ministry has asked state governments and central ministries to re-examine and streamline existing procedures, so as to provide a hassle-free environment for business.

India plans defence against IP invaders

India plans defence against IP invaders

Rediff.com5 Dec 2005

India is publishing a bulky encyclopaedia, running into 30 million pages, which would extensively cover its vast traditional knowledge as part of efforts to keep out Intellectual Property invaders from patenting its indigenous wealth.

Govt may curb tech transfer royalty

Govt may curb tech transfer royalty

Rediff.com13 Jan 2014

Worried over excessive outflow of foreign exchange as royalty and fees for technology transfer and use of brand names, Commerce and Industry Minister Anand Sharma wrote to Finance Minister P Chidambram on the matter.

Mandatory rules that e-retailers will have to follow from this week

Mandatory rules that e-retailers will have to follow from this week

Rediff.com20 Jul 2020

Among other things, the e-commerce players will have to display the total 'price' of goods and services offered for sale, mention the 'expiry date' of goods and the 'country of origin' of goods and services.

India asks US to tighten IPR rules

India asks US to tighten IPR rules

Rediff.com2 May 2006

Concerned over attempts to monopolise its traditional knowledge, India on Tuesday asked the United States to tighten its Intellectual Property Rights regime and put in place proper disclosure norms for companies filing for patents.

Rohit Nandan to continue as Air India CMD for one month

Rohit Nandan to continue as Air India CMD for one month

Rediff.com21 Aug 2015

Rohit Nandan will continue to work as Chairman and Managing Director (CMD) of national carrier Air India for one month or till Ashwani Lohani takes over from him.

New foreign trade policy to stress manufacturing exports

New foreign trade policy to stress manufacturing exports

Rediff.com29 Mar 2015

New foreign trade policy to stress manufacturing exports.

FDI inflow to cross $7 bn in FY06

FDI inflow to cross $7 bn in FY06

Rediff.com6 Feb 2006

The government expects foreign direct investment into India to cross $7 billion in 2005-06, with auto and mining sectors expected to attract huge funds.

RBI diktat to foreign firms

RBI diktat to foreign firms

Rediff.com21 May 2005

The real puzzle of doing business in India

The real puzzle of doing business in India

Rediff.com23 Nov 2017

'There is a certain irony embedded in this asymmetric geographical distribution of FDI because most state leaders have shed their inhibitions about promoting 'business' and have understood its virtues as a more cost-effective way of replacing the mai-baap welfarism that passed for economic policy till the early nineties', says Kanika Datta.

'Russia not sour over India buying US defence products'

'Russia not sour over India buying US defence products'

Rediff.com19 Feb 2015

Rostec, a Russian state corporation set up to promote development, production and export of hi-tech industrial products for civil and defence sectors, has strongly backed Prime Minister Narendra Modi's 'Make in India' pitch.

Govt cracks down on Rs 251 smartphone maker Ringing Bells

Govt cracks down on Rs 251 smartphone maker Ringing Bells

Rediff.com21 Feb 2016

Departments of electronics, excise, I-T launch probe into Rs 251 smartphones

Alibaba grappling with policy bottlenecks in India

Alibaba grappling with policy bottlenecks in India

Rediff.com13 May 2016

It is watching e-commerce policy fineprint before spelling out India plan

Carrefour to sign JV for India foray

Carrefour to sign JV for India foray

Rediff.com2 Feb 2007

Carrefour, which is said to be close to announcing a tie-up with Wadias, is still talking to some other companies, they said.

SC allows south India to burst crackers for 2 hours in the morning

SC allows south India to burst crackers for 2 hours in the morning

Rediff.com30 Oct 2018

On October 23, the top court said people in the country can only burst firecrackers from 8 pm to 10 pm on Diwali and other festivals. It also allowed the manufacture and sale of just "green crackers" which have low emission of light, sound and harmful chemicals. The apex court carved out an exception for Christmas and the New Year's Eve, saying crackers on these days could be burst between 11.55 pm and 12.30 am since the celebrations start at midnight.

Ban 2: No more Chinese firms in highway projects

Ban 2: No more Chinese firms in highway projects

Rediff.com1 Jul 2020

India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minister Nitin Gadkari said on Wednesday amid the border standoff with China. Gadakri also said the government will ensure that Chinese investors are not entertained in various sectors like the micro, small and medium enterprises (MSMEs).

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.

India targets $12 bn FDI in FY07

India targets $12 bn FDI in FY07

Rediff.com27 May 2006

India expects an inflow of $12 billion foreign direct investment into the country during the 2006-07 fiscal, a government official said on Saturday. \n

Budget: Why customs duty was hiked on mobile phones

Budget: Why customs duty was hiked on mobile phones

Rediff.com9 Feb 2018

Even as the government's move to hike import duties on 45 items is seen as a sign of protectionism, the prime minister was himself involved in the process.

Time to end DRDO's monopoly on defence research

Time to end DRDO's monopoly on defence research

Rediff.com17 Sep 2020

We must seize the opportunity provided by the COVID-19 crisis to kick-start indigenous research efforts, recommends Colonel Anil A Athale (retd).