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.
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.
Singapore continued to be the largest source of FDI in India followed by Mauritius, the US, the Netherlands and Japan.
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.
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.
White House Press Secretary Kayleigh McEnany told reporters that US President Trump is frustrated with China.
Before he came to the US, he also held senior positions internationally for Levi-Strauss & Co, Unilever and the Colgate-Palmolive Company.
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.
'Aquaponics can effectively cushion the impact of a calamity like COVID.'
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.
MAG was constituted by Department of Electronics and IT in February 2014.
With the US Department of Commerce finding that $514 million of Chinese aluminium products imported in 2009 were unfairly subsidised, a key Senator has alleged that China continues to manipulate its currency.
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 closer look at the data reveals that a lot of the items are not part of this calculation. The notable ones include buffalo meat, marine exports, raw cotton, and plantation crops such as tea, coffee, rubber, etc.
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.
Prominent e-commerce marketplace players include Amazon.in, Flipkart, Snapdeal, Paytm, Shopclues and Jabong
Farmers' protest against the three farm laws passed by the Centre has entered its 23rd day on Friday. "We are preparing ourselves for a longer stay as our fight against black laws will continue. It's getting colder, so we're putting more tents," said a protester.
The country's exports are expected to contract by 5.8 per cent and imports by 11.3 per cent during the second half of the current financial year, though implementation of several measures by the government would help support exports going forward, according to the Economic Survey 2021. With gradual recovery of economic activities, the survey said that imports and exports have picked up. During the first half of 2020-21 (April-September), exports dipped by 21.31 per cent to $125.25 billion while imports declined by 40 per cent to $148.69 billion.
Many argue there's a mismatch between Prime Minister Narendra Modi's focus on international exposure and his government's diktat to officials on limiting travel.
Trinamool Congress Member of Parliament Saugata Roy has resigned as adviser to the West Bengal government's Commerce, Industries and IT Ministry over alleged differences with Chief Minister Mamata Banerjee.
The senate banking committee and commerce committee approved Kumar's nomination, which was buoyed by a rousing introduction of Kumar by Senator Robert Menendez of New Jersey, where Kumar has resided since 1993, and it's now the full senate that has got to vote on his nomination, and sources said he could be in place in his job at commerce by late this month or early March.
The United Nations Media Department on Thursday made a faux pas when it identified Commerce and Industry Minister Anand Sharma as his Cabinet colleague Kamal Nath.
Union Commerce Minister Nirmala Sitharaman said she will pursue the matter with the finance ministry
The company has pointed at the possibility of fines and financial penalties.
Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office
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.
The commerce ministry has sought a review of foreign direct investment policy in the pharmaceutical sector, in the light of recent takeovers of domestic companies by multinationals.
With expectations of customers changing and demand for seamless, uninterrupted shopping increasing, tech companies are now using this fear of becoming irrelevant as a sales pitch to sell their products to traditional retailers.
'You have to explain to them about Indian investments in the US creating jobs this reverse outsourcing'
Real consumer spending grew four per cent at an annual rate in the third quarter, substantially up from the 2.6 per cent pace during the preceding four quarters
While Road Transport Minister Nitin Gadkari has been dropped, the panel now has four ministers - Shah, Finance Minister Nirmala Sitharaman, Commerce and Railway Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri.
Nepal is testing Nestle's Maggi noodles imported from India for lead content and may impose a ban on the popular instant snack if the level of toxic chemical is found to be above permissible limit, officials said.
From Covid-19 essentials, such as Vitamin C supplements and thermometers, to bicycles, laptops, and personal weighing scales, demand for certain items galloped during last financial year as the pandemic altered what Indians used on a day-to-day basis. Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted. With outdoor activities coming to a halt last year and schools functioning virtually, imports of sports goods witnessed a decline, while inbound shipments of laptops and battery chargers saw a sharp uptick, according to the import data for the financial year 2020-21.
The decision was taken to prevent crowding at shops and marketplaces amid the lockdown to contain the coronaviruspandemic, a statement from Thackeray's office said.
Department of Economic Affairs secretary Atanu Chakraborty said that equity capital flows have been positive this year.
One reason for the surge in cases is the spread of infection at large weddings. Weddings turned out to be super spreaders.
As many as 44 shareholders of Flipkart sold their holdings to Walmart. The income tax law requires the buyer to withhold tax while making payment to the sellers, in case they are not exempted from levy of capital gains tax.
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.
Registering a jump of 10 places in the rankings, Uttar Pradesh occupied the second position in 2019 as against 12th in 2018.