News for 'Department of Commerce'

US commerce secretary in hospital after causing mishaps

US commerce secretary in hospital after causing mishaps

Rediff.com11 Jun 2012

An unconscious United States Secretary of Commerce John Bryson has been hospitalised with injuries after he allegedly caused a series of traffic accidents in Los Angeles, the police said on Monday

Modi govt 3.0: Who is in, who is out

Modi govt 3.0: Who is in, who is out

Rediff.com10 Jun 2024

Over 65 Union ministers are likely to take oath, going by the visual of the meeting Modi held with his likely council of ministers.

Taxmen take notice, now e-commerce firms on I-T radar

Taxmen take notice, now e-commerce firms on I-T radar

Rediff.com26 May 2015

The Income Tax department has trained its scanner on the burgeoning 'e-commerce' business in the country.

Quality Control Orders: What does this mean for domestic industry?

Quality Control Orders: What does this mean for domestic industry?

Rediff.com25 Apr 2024

From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.

Exports dip 10.3% in May; trade deficit at 5-month high

Exports dip 10.3% in May; trade deficit at 5-month high

Rediff.com15 Jun 2023

Exports declined for the fourth-consecutive month by 10.3 per cent year-on-year to $34.98 billion in May, while the trade deficit widened to a five-month high of $22.12 billion. According to the data released by the commerce ministry on Thursday, key export sectors recording negative growth include petroleum products, gems and jewellery, engineering goods, ready-made garments of all textiles and chemicals. Imports also declined 6.6 per cent, six-month in a row, to $57.1 billion against $61.13 billion in the same month last year, the data showed.

100% FDI in e-commerce exposes BJP's double standard

100% FDI in e-commerce exposes BJP's double standard

Rediff.com4 Apr 2016

"Not a single step has been taken by this government to empower small businesses in India," says Praveen Khandelwal, national secretary general of the Confederation of All India Traders and former treasurer of the Bharatiya Janata Party's Delhi unit.

Centre to recruit private sector experts in key posts across 12 ministries

Centre to recruit private sector experts in key posts across 12 ministries

Rediff.com16 May 2023

The department of personnel and training has asked the Union Public Service Commission to recruit such specialists through "lateral entry" mode in 12 government departments/ministries, he said.

In a major climbdown, govt now says e-commerce firms can sell pvt labels

In a major climbdown, govt now says e-commerce firms can sell pvt labels

Rediff.com4 Jan 2019

Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.

Govt to issue guidelines for social media influencers over endorsements

Govt to issue guidelines for social media influencers over endorsements

Rediff.com7 Sep 2022

The government will soon come out with guidelines for social media influencers, making it mandatory for them to declare their association with the product they endorse, sources said.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Fake call centre 'duping' US citizens busted in Hyderabad, 115 held

Fake call centre 'duping' US citizens busted in Hyderabad, 115 held

Rediff.com11 Aug 2023

According to the police, the accused persons collected data, such as phone numbers and personal data from a portal, and the employees of the call centre randomly made calls using VoIP to US citizens.

E-commerce: 25% cap on sales to end monopoly of few vendors

E-commerce: 25% cap on sales to end monopoly of few vendors

Rediff.com3 Apr 2016

After 100% FDI, DIPP has put a condition an e-commerce entity will not be permitted more than 25% of sales through its marketplace from one vendor or their group companies

'Rs 1.7 trillion may be GST average collection next FY'

'Rs 1.7 trillion may be GST average collection next FY'

Rediff.com18 Feb 2024

'We crossed Rs 1.7 trillion in three months this financial year.'

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.

Govt bats for 50% foreign investment in e-commerce

Govt bats for 50% foreign investment in e-commerce

Rediff.com8 Jan 2014

Government seeks stakeholders' comments by Jan 30 on discussion paper.

New FDI norms pose rejig challenge for e-commerce majors

New FDI norms pose rejig challenge for e-commerce majors

Rediff.com31 Mar 2016

Some companies are already seeking review of the new norms.

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.

Bengaluru's water crisis: India Inc adopt innovative methods

Bengaluru's water crisis: India Inc adopt innovative methods

Rediff.com14 Mar 2024

From installing water-saving aerators on taps to using cans for washing hands and dishes, Bengaluru is adopting diverse strategies to tide over the water crisis. While several citizens have taken to social media to urge Karnataka Chief Minister Siddaramaiah to make work from home mandatory for IT companies, it appears that hybrid mode will continue to be the norm for most - although with new water conservation measures in place. Co-working space provider Urban Vault has, for instance, installed smart water meters to detect leakage.

Retailers to protest against IT cos favouring e-commerce firms

Retailers to protest against IT cos favouring e-commerce firms

Rediff.com13 Nov 2014

In order to counter the growing penetration of e-commerce portals, the ICT industry in Gujarat is also mulling initiation of its own portal for selling products.

'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.

India's Startup Scorecard

India's Startup Scorecard

Rediff.com2 Apr 2024

For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.

PLI scheme incentive outgo could be less than Rs 40,000 crore by FY25

PLI scheme incentive outgo could be less than Rs 40,000 crore by FY25

Rediff.com31 Jul 2023

The total incentive outgo under the ambitious production-linked incentive (PLI) scheme is estimated to be less than Rs. 40,000 crore by the fiscal year 2024-25 (FY25), when it completes the fourth year of implementation, according to the government's internal estimates. This means only a fourth of the allocated Rs 1.97 trillion is expected to be utilised by the end of FY24, indicating that not all the 14 PLI schemes would have taken off fully. While three of the 14 schemes - large-scale electronics manufacturing, bulk drugs, and medical devices - were introduced in 2020, the remaining were launched the following year.

Commerce secy sees double-digit growth in exports

Commerce secy sees double-digit growth in exports

Rediff.com3 Sep 2013

Exports had risen over 11 per cent in July, year-on-year.

India may buy more oil from UAE in the coming months after COP talks

India may buy more oil from UAE in the coming months after COP talks

Rediff.com11 Dec 2023

India is expected to ramp up its purchase of crude oil from the United Arab Emirates (UAE) in the coming months following discussions between the two countries on the sidelines of the ongoing COP28 summit in Dubai, multiple sources in the know said. The UAE has historically been India's third-largest source of crude. It has suffered the largest drop in shipments since Indian refiners began to binge on Russian crude in 2022.

Laptop, tablet imports surge 42% amid licensing fears

Laptop, tablet imports surge 42% amid licensing fears

Rediff.com27 Nov 2023

India's import of personal computers, including laptops and tablets, shot up in September by 42 per cent to $715 million, reversing a year-long downward trend after the government announced it would impose import restrictions on such electronic hardware items in August. The rise in such imports were led by the largest source China (33 per cent) and Singapore (188 per cent), according to data released by the commerce department. On August 3, the Centre had announced it was planning to bring seven products in the information technology hardware segment, such as personal computers, micro computers, mainframe computers, super computers, computer systems and data processing units under the 'restricted' label.

'We are not worried what Modiji says about Muslims'

'We are not worried what Modiji says about Muslims'

Rediff.com18 May 2024

While political experts claim that the Modi Magic is missing in the 2024 general election, the common people in the street -- at least those in the crowd on Thursday -- vow that they will vote for Modi and the candidate who contests the election doesn't matter much.

Jack Ma comes calling again, discusses e-commerce future with Modi

Jack Ma comes calling again, discusses e-commerce future with Modi

Rediff.com31 Mar 2015

Jack Ma is learnt to have discussed about e-commerce, mobile telephony

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.

Will BJP benefit from Trinamool leader's arrest for Sandeshkhali?

Will BJP benefit from Trinamool leader's arrest for Sandeshkhali?

Rediff.com14 Mar 2024

Whether the age-old cry of kendrer banchana will be able to drown out pangs of Sandeshkhali, the EVM will tell.

Bharat Rice to be sold at Rs 29/kg in retail market from next week

Bharat Rice to be sold at Rs 29/kg in retail market from next week

Rediff.com2 Feb 2024

The Centre on Friday said it will sell 'Bharat Rice' in the retail market at Rs 29 per kg from next week to give relief to the common man and has also directed traders to disclose rice/paddy stock, as part of its efforts to control prices that have risen by around 15 per cent in the last one year. In a press conference, Union Food Secretary Sanjeev Chopra exuded confidence that these two measures along with the various restrictions of exports will help in cooling down the prices. Seeking to dispel market rumours, he categorically said the government has no plans to lift restrictions on rice exports any time soon.

Government plans to allow FDI in e-commerce before April

Government plans to allow FDI in e-commerce before April

Rediff.com31 Dec 2013

Floats discussion paper for stakeholders' feedback with a deadline of January 28.

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.

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.

3 Bangladeshi tourists dead as houseboat catches fire in Dal Lake

3 Bangladeshi tourists dead as houseboat catches fire in Dal Lake

Rediff.com11 Nov 2023

Three tourists from Bangladesh were charred to death in a major blaze in a houseboat on the famous Dal Lake on Saturday, officials in Srinagar said.

Commerce Ministry seeks approval for railway FDI proposal

Commerce Ministry seeks approval for railway FDI proposal

Rediff.com13 Mar 2014

The Cabinet can take a decision on the matter only after the Election Commission's approval.

Google unveils a slate of AI tools for Indian developers

Google unveils a slate of AI tools for Indian developers

Rediff.com29 Jun 2023

Google unveiled on Wednesday a slate of artificial intelligence (AI) tools and technologies for Indian developers at its first I/O Connect event for India, being held in Bengaluru. The company made accessible for Indian developers its faster, more accurate large language AI model accessible through PaLM API, Makersuite, as well as features on Google Cloud's Vertex AI. Google Cloud officially launched a new initiative in collaboration with Open Network for Digital Commerce (ONDC), under the Department for Promotion of Industry and Internal Trade, to help sellers build and scale commerce platforms across the country.

'Is it usual for a store to be empty at 6 pm?'

'Is it usual for a store to be empty at 6 pm?'

Rediff.com2 Jan 2024

'Due to rural stress, volumes continue to remain an issue for the industry, and we are yet to see any revival in demand.'

Amazon sets the pace for e-commerce in India

Amazon sets the pace for e-commerce in India

Rediff.com27 May 2016

Flipkart and Snapdeal take a cue from Amazon even as they differ on who is ahead in the race