The industry department had planned to get 10,000 price quotations from producers in order to have a new-look WPI, which incorporates a better snapshot of the economy. Out of this, 8,000 products are manufactured items. However, it now emerges that the DIPP may get price quotations from only 6,400 industrial units and factories.
In moves that may benefit Indians applying for business visas to visit America, the United States State Department and Department of Homeland have announced a number of steps to expedite the processing time for visas.
For nearly seven years, Bhatia served in the first and second George W Bush Administrations, first in the department of commerce and then in the department of transportation, before finally enjoying a more than two-year stint as deputy US trade representative, the senior-most administration position ever served by an Indian American, before he resigned end October last year, to return to the private sector.
Pompeo would leave for New Delhi on June 24.
Major portfolios like home, finance and education were on Tuesday allocated to People's Democratic Party ministers by Jammu and Kashmir Chief Minister Mufti Mohammed Sayeed who will himself hold the charge of home ministry.
A Pakistani national pleaded guilty on Friday before a United States court to charges of illegally exporting nuclear-related material to restricted entities back home, Justice Department said.
Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.
The finance ministry is of the view that all interests -- direct and indirect -- should be taken into account and that there should not be any threshold for calculating total effective foreign shareholding in a company.
Officials have stated the finance ministry is also contemplating doing away with some of the key export promotion schemes, to check revenue leakage -- such as the advance licence scheme and export promotion capital goods scheme.
US Commerce Secretary, John Bryson said his country needs to build on the momentum in manufacturing sector.
With Iran reaching an agreement on its nuclear programme, India is expected to be one of the major gainers.
"It will be ensured that such agreements (free trade agreements) do not have a detrimental effect on domestic manufacturing in India," according to the National Manufacturing Policy (NMP), cleared by the Union Cabinet on October 25.
The Department of Industrial Policy and Promotion under the commerce ministry has floated a draft Cabinet note for inter-ministerial discussions on foreign direct investment in aviation.
The long awaited-resumption of border trade between India and China through the Nathu La pass in Sikkim has been finally set for June 30.
'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'
The 4 week online learning programme is available in English and Hindi, and will soon be offered in some regional languages.
Ways to reduce barriers to Indo-US high-tech trade will top the agenda of the two-day meeting of the High Technology Cooperation Group to be held in New Delhi next week.
Keen to salvage its engagement with Washington DC that has gone southbound ever since the Trump administration came in, India has called for a final set of meetings with US trade officials, soon, reports Subhayan Chakraborty.
With exports on a downturn due to the economic crisis battering major markets in the US and EU, China has said it will turn to developing countries to sustain its foreign trade-dependent economic growth.
In addition to the attack helicopters, the contract also includes fire control radars; Hellfire Longbow missiles; stinger Block I-92H missiles; night vision sensors and inertial navigation systems.
United States President George W Bush has sent the nomination of Santanu K Baruah, an Indian-origin former management consultant whom he picked as an Assistant Secretary of Commerce for Economic Development, to the Senate for approval.
The Union ministry of food and consumer affairs proposes to insert a new clause in the fresh discussion note for the Cabinet on allowing foreign direct investment (FDI) in multi-brand retail.
The meeting is expected to chart a road map for cleaning up their balance sheets and boost credit flows, reports Somesh Jha.
The trade mission will visit Hyderabad, Mumbai and New Delhi between November 26 and December 3, a media release announced.
India and the US have discussed "practical steps" to reduce the barriers to bilateral high technology trade while enhancing security of such trade.
The Department of Commerce is preparing guidelines for setting up single-window clearance systems in states for special economic zones (SEZs). he move comes after a recent review by the department, in which it was found that the SEZ developers were facing problems in getting approvals in many states.
Sharma says efforts on to bring dissenting ministries on board eBiz platform.
The nuclear nonproliferation lobby has urged the United States administration to ensure that America's dual-use technology is not diverted by New Delhi to its nuclear weapons programme.
The decision to go ahead with the mission is certain to anger China, which said last month it would "never allow any country" to violate its territorial waters and airspace around the islands, the Washington Post reported.
GVK Biosciences is the latest Indian firm to come under international scrutiny over quality issues.
The United States has set in motion regulatory changes to lift the ban on India's frontline technology establishments Indian Space Research Organisation and Defence Research and Development Organisation and their removal from the entities list could come soon, top American officials have indicated. A formal notification of the US Department of Commerce for this is in the advanced stage, they said.
The US and India likely to sign a high quality bilateral investment treaty to create an enabling business environment.
Karnataka suffered a crop loss in around 97,365 hectares out of the total bearing area of 2,26,244 hectares of coffee and spices plantations.
Snapdeal and Flipkart to battle it out over Express Delivery
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After a high-level meeting held on Friday chaired by Prime Minister Manmohan Singh, it has been decided that the Commerce and Industry would soon start a consultation process to address 'dangers inherent' in the current model of FDI in brownfield pharma units.
Six metros in which FDI in multi-brand retailing will be permitted are Delhi, Mumbai, Kolkata, Chennai, Bangalore and Hyderabad.
