News for 'Department of Commerce'

Mumbai police updates lockdown curbs: What's allowed, what isn't

Mumbai police updates lockdown curbs: What's allowed, what isn't

Rediff.com7 Apr 2021

Mumbai Police on Wednesday announced the updated lockdown guidelines which restricts the movement of people in public areas and transport while exempting those involved in essential services.

Gangajal by post to be a reality soon

Gangajal by post to be a reality soon

Rediff.com30 May 2016

Receiving Ganga water by post could be a reality soon as the government endeavours to tap the e-commerce platform to bring the holy water at the doorsteps.

What US companies want from India: Stable policy

What US companies want from India: Stable policy

Rediff.com27 Jun 2020

Embargo on imports from a neighbouring country would send a chilling signal to foreign investors who look for transparency and companies with manufacturing units in India had requested the government to publish any change in port policy "to provide the business community with the visibility they need to function", says United States-India Strategic Partnership Forum.

Shah, Sitharaman stand tall among ministers

Shah, Sitharaman stand tall among ministers

Rediff.com22 Jul 2021

Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.

How Biden's trade team could influence relations between the two countries

How Biden's trade team could influence relations between the two countries

Rediff.com7 Jan 2021

India will have to show more willingness to import, and since Biden will not encourage sale of oil and gas to bridge the gap, it means there has to be more meaningful duty reduction in other areas even if Delhi baulks at a Free Trade Agreement so soon after walking out of RCEP.

A Last Christmas for Santha Bakery

A Last Christmas for Santha Bakery

Rediff.com27 Oct 2022

December 2022 could be the last Christmas for Santha Bakery, a business drawing its lineage from the first Christmas cake baked in Kerala.

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.

Maharashtra extends Covid curbs, with relaxation in districts with low caseload

Maharashtra extends Covid curbs, with relaxation in districts with low caseload

Rediff.com31 May 2021

The Maharashtra government on Sunday extended the lockdown-like curbs till June 15 and also announced that relaxations will be granted depending upon the Covid-19 positivity rate and availability of oxygen beds.

Home delivery of liquor allowed in Maharashtra

Home delivery of liquor allowed in Maharashtra

Rediff.com12 May 2020

The order, issued by the Home Department, will come into effect only after guidelines are finalised, said a senior official.

India Post is grappling with e-tail shift

India Post is grappling with e-tail shift

Rediff.com16 Mar 2016

'A fresh look is being given to ways of processing, transmission, and delivery.'

Why reopening LoC trade routes remain a pipedream for Kashmir traders

Why reopening LoC trade routes remain a pipedream for Kashmir traders

Rediff.com26 Apr 2019

The chances of the posts opening remain slim, with security agencies recently identifying 10 suspects who smuggled in weapons, narcotics and fake currency.

Imran Khan meets Putin amid Ukraine attack; talks developments in S Asia

Imran Khan meets Putin amid Ukraine attack; talks developments in S Asia

Rediff.com24 Feb 2022

The leaders of the two countries "discussed the main aspects of bilateral cooperation and exchanged views on current regional topics, including developments in South Asia," said a brief statement issued by the Russian President's office - Kremlin.

Nykaa's Falguni Nayar: UNAFRAID To Take Risks

Nykaa's Falguni Nayar: UNAFRAID To Take Risks

Rediff.com28 Oct 2021

Beauty, Nykaa's founder Falguni Nayar realised, is a very long-tailed business and with e-commerce picking up in India, it seemed like a good idea to venture into.

FDI from China drops to $141 million in 4 years

FDI from China drops to $141 million in 4 years

Rediff.com25 Oct 2018

Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures

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.

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

Trouble brews for Amazon India

Trouble brews for Amazon India

Rediff.com5 Dec 2014

Karnataka tax dept may attach assets of dealers; new retailers not being registered

Modi to review ministries' work in quest for turnaround

Modi to review ministries' work in quest for turnaround

Rediff.com3 Jan 2020

Starting today, Modi and top officials in the Prime Minister's Office will be briefed by various central ministries and departments on their plans as well as agenda for the next five years. They will also apprise the PMO of the work they have done so far in realising the agenda of government's second term in office.

Govt will release draft national retail policy soon

Govt will release draft national retail policy soon

Rediff.com26 Jun 2019

For months, offline retailers and traders have been lobbying hard for a national retail policy to protect their business from the growing influx of e-commerce.

Govt permits 100% FDI in online market places

Govt permits 100% FDI in online market places

Rediff.com29 Mar 2016

Market place model of e-commerce means providing of an IT platform by an e-commerce entity on a digital and electronic network to act as a facilitator between buyer and seller.

Why Chinese firms are under govt lens

Why Chinese firms are under govt lens

Rediff.com10 Jan 2019

The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.

E-retailers festive season sales flouting FDI norms

E-retailers festive season sales flouting FDI norms

Rediff.com12 Oct 2015

The CAIT has complained to the Commerce Ministry to take action against these companies.

Edtech: What Parents Need To Know

Edtech: What Parents Need To Know

Rediff.com15 Jan 2022

'Why is the government asking parents to be careful rather than coming up with strict rules and regulations for the companies?'

Aditya Birla group to take over Reebok's India operations

Aditya Birla group to take over Reebok's India operations

Rediff.com14 Dec 2021

In a major expansion into sportswear and lifestyle wear segment, the Kumar Mangalam Birla-led Aditya Birla Fashion & Retail has signed a long-term licensing agreement with Authentic Brand Group of New York, which has the marketing and branding rights of Reebok, to run the operations of the global sportswear, athletic and lifestyle major in the country and ASEAN markets. The new agreement between the largest domestic multi-brand fashion retailer and Authentic Brand is an extension of their existing relationship as ABFRL already markets and sells some ABG brands like Forever 21. The agreement follows the global transfer of ownership of the Reebok brand from Adidas to ABG, which is expected to close in the first quarter of 2022.

J-K plans mythological theme park near Vaishno Devi shrine

J-K plans mythological theme park near Vaishno Devi shrine

Rediff.com11 Jun 2021

The Jammu and Kashmir administration is planning to set up India's best mythological theme park near the famous Vaishno Devi shrine in Reasi district and has sought investors for the project, officials said.

Budget: Government must explain the numbers

Budget: Government must explain the numbers

Rediff.com26 Feb 2020

'Nirmalaji's Budget announcements have long-term implications and are not backed by enough money when the short-term outlook looks bleak,' notes T N C Rajagopalan.

Why retailers are rattled by Walmart-Flipkart deal

Why retailers are rattled by Walmart-Flipkart deal

Rediff.com6 May 2018

Sellers, especially the smaller ones, are planning to go to court as well as move CCI as they fear that Walmart could bring multiple private labels in India and flood the e-commerce platform with its own products.

Rupee woes: MAIT seeks price revision in govt contracts

Rupee woes: MAIT seeks price revision in govt contracts

Rediff.com18 May 2012

The domestic electronic product manufacturers depend heavily on imports for hardware components like hard drive and displays.

Why inflation pain could get worse

Why inflation pain could get worse

Rediff.com14 Jun 2021

As India looks to mend its Covid-battered economy, one thing that will grab the attention of all concerned is the path that both wholesale and retail inflation will follow. Even the Reserve Bank of India in its latest policy statement said, "Going forward, the inflation trajectory is likely to be shaped by uncertainties impinging on the upside and the downside.

Goyal focuses on exports, industry growth

Goyal focuses on exports, industry growth

Rediff.com8 Jun 2019

Work on a dozen decisions to start by next week.

Unlock 5: Central govt allows multiplexes to open

Unlock 5: Central govt allows multiplexes to open

Rediff.com30 Sep 2020

State and UT governments have been given the flexibility to take a decision on re-opening of schools and coaching institutions after October 15 in a graded manner.

Bihar Aquaponics Farm Blazes A Trail

Bihar Aquaponics Farm Blazes A Trail

Rediff.com16 Jul 2022

'Aquaponics can effectively cushion the impact of a calamity like COVID.'

FDI rises 15% during Apr-Sep to $26 bn

FDI rises 15% during Apr-Sep to $26 bn

Rediff.com1 Jan 2020

Singapore continued to be the largest source of FDI in India followed by Mauritius, the US, the Netherlands and Japan.

India Post to enter e-com, Bengal circle approaches industry groups

India Post to enter e-com, Bengal circle approaches industry groups

Rediff.com14 Nov 2014

A senior official of India Post at Kolkata General Post Office told PTI that since e-commerce is a sunrise industry, it is trying to earn higher revenue in the region by involving local traders and business houses.

Trump signs executive orders banning TikTok, Wechat

Trump signs executive orders banning TikTok, Wechat

Rediff.com7 Aug 2020

Trump said the spread in the United States of mobile applications developed and owned by the companies in China continues to threaten the national security, foreign policy, and economy of the country.

Don't want to talk to Xi right now: Trump

Don't want to talk to Xi right now: Trump

Rediff.com16 May 2020

White House Press Secretary Kayleigh McEnany told reporters that US President Trump is frustrated with China.

Roe Khanna to lead US energy mission to India

Roe Khanna to lead US energy mission to India

Rediff.com21 Aug 2009

Being organised by the US Department of Commerce, International Trade Administration, US and Foreign Commercial Service, in partnership with the US Department of Energy and US Agency for International Development, the Energy Efficiency Trade Mission would travel to New Delhi, Mumbai and Chennai from November 16 to 20.

Who is benefitting from India's Free Trade Agreements?

Who is benefitting from India's Free Trade Agreements?

Rediff.com30 Sep 2019

Among the current FTAs with significant trade deficits for India, five are with countries from the 10-nation Asean bloc. Exports to the 10 economies stood at $ 37.4 billion in 2018-19, up by 9% year on year. On the other hand, imports were higher at $ 59.31 billion, up by 25% from the previous year's $ 47.13 billion.

MapMyIndia plans to go public, raise Rs 1,200 crore

MapMyIndia plans to go public, raise Rs 1,200 crore

Rediff.com30 Aug 2021

India's first home-grown mapping company MapMyIndia is looking to list in the public market by raising around Rs 1,200 crore at a Rs 6,000-crore valuation. Sources said the company is ready with its draft red herring prospectus documents and is likely to file as early as next week. While the money will be used for business expansion, it will also give MapMyIndia's early investors, including Qualcomm, PhonePe, and Japanese mapmaker Zenrin Co., a chance to exit. The Verma family, which founded the company, will continue to remain promoters.

Maha govt will try not to implement farm bills: NCP, Cong

Maha govt will try not to implement farm bills: NCP, Cong

Rediff.com25 Sep 2020

Deputy Chief Minister and NCP leader Ajit Pawar said farmers as well as the NCP and other parties are opposed to the new bills. "Farmers think that the laws are not beneficial for them. There was no hurry (to pass them)," he said.