News for 'Department of Commerce'

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.

Tatas to invest Rs 1500 cr in Singur

Tatas to invest Rs 1500 cr in Singur

Rediff.com10 Mar 2007

Tata Motors has more than doubled its investment plans for the small car project in Singur in West Bengal.

PM calls industry after receiving SOS from Sharma

PM calls industry after receiving SOS from Sharma

Rediff.com14 Jul 2013

In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.

Sujatha Singh in US, says it's up to Karzai to sign security pact

Sujatha Singh in US, says it's up to Karzai to sign security pact

Rediff.com13 Dec 2013

Aziz Haniffa reports from Washignton, DC, on Foreign Secretary Sujatha Singh's three-day visit to the US capital.

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.

Andhra Pradesh plans mini pharma cities

Andhra Pradesh plans mini pharma cities

Rediff.com1 Dec 2005

With a view to boost the vibrant pharma industry in the state, Andhra Pradesh government plans to set up mini-pharma cities

Bharti-Wal-Mart deal reaches PMO corridor

Bharti-Wal-Mart deal reaches PMO corridor

Rediff.com6 Dec 2006

In a letter dated November 30, the PMO asked the commerce ministry to prepare a detailed note on the venture, in the anticipation that it would come up for discussion in Parliament.

Nathula trade route to reopen in June

Nathula trade route to reopen in June

Rediff.com26 May 2006

The long-awaited Sino-Indian border trade through the Nathula Pass in East Sikkim will resume next month.

The intriguing tale of India's trade with North Korea

The intriguing tale of India's trade with North Korea

Rediff.com16 Jun 2018

India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.

FTA: India to speed up duty cuts

FTA: India to speed up duty cuts

Rediff.com16 Apr 2007

India has decided to put the process of bringing down duties on edible oil on the fast track to reach an early agreement with Asean for a Free Trade Agreement.

Ringing Bells refunds money to customers, to take cash on delivery

Ringing Bells refunds money to customers, to take cash on delivery

Rediff.com29 Feb 2016

The delivery of Freedom251 smartphones is expected to start in April after which the company will start the second round of bookings.

Govt approves RIL, Wipro SEZs

Govt approves RIL, Wipro SEZs

Rediff.com5 Sep 2005

The government on Monday approved the proposals of Reliance Industries, Wipro, Hewlett Packard and Biocon to set up Special Economic Zones -- a move that is expected to generate at least 67,000 jobs by March 2006.

Cement firms not to hike prices for a year

Cement firms not to hike prices for a year

Rediff.com9 Mar 2007

Cement makers have agreed to hold prices for a year, but refused to roll back the recent price hike, Commerce and Industry Minister Kamal Nath said on Friday.

UK banks set to branch out in India

UK banks set to branch out in India

Rediff.com26 Aug 2005

Tech Mahindra seeks transfer of Satyam SEZs

Tech Mahindra seeks transfer of Satyam SEZs

Rediff.com21 Aug 2013

According to a department notification, Tech Mahindra has approached the Board of Approvals under the Department of Commerce for transferring rights of three SEZs (one in Tamil Nadu and two in Andhra Pradesh) and the proposal will come up for a discussion before the BoA on August 30.

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.

Govt should stick to retail FDI norms: CAIT

Govt should stick to retail FDI norms: CAIT

Rediff.com18 Jun 2013

The government should stick to the recent clarifications released on FDI in multi-brand retail trading and not ease the conditions for foreign retailers.

Why Amazon may delay $1-bn investment plans in India

Why Amazon may delay $1-bn investment plans in India

Rediff.com23 Jan 2019

Amazon India is waiting for clarifications from the government on several aspects of the latest FDI guidelines to be able to carry on with business in the country. Sources said, no new investment is likely till at least the second half of 2019.

How ABVP went from being teacher's pet to campus 'bully'

How ABVP went from being teacher's pet to campus 'bully'

Rediff.com28 Jan 2020

The student front of the Rashtriya Swayamsevak Sangh has blotted its CV by allegedly instigating and engaging in violence on marquee campuses like JNU and Hyderabad Central University

US accuses Indian companies of dumping resin

US accuses Indian companies of dumping resin

Rediff.com27 Oct 2004

The United States has accused several Indian companies, including industrial giant Reliance Industries, of "dumping" bottle-grade polyethylene terephthalate resin, used to manufacture bottles, sheet and strapping for the packaging industry, in Americ

Indian-American to be business dean of Michigan State varsity

Indian-American to be business dean of Michigan State varsity

Rediff.com8 May 2015

An expert on corporate and individual tax policy, Gupta has consulted for Fortune 500 companies

US power: California has 3% of India's population, 125% of its GDP

US power: California has 3% of India's population, 125% of its GDP

Rediff.com27 Jun 2016

India's economy - ranked eighth in 2015 with a GDP of $2 trillion - is projected to climb past Brazil, the United Kingdom, France, Germany and Japan and become the world's third-largest in 2030 with a GDP of $7.3 trillion.

FBT not to be reversed

FBT not to be reversed

Rediff.com16 Dec 2005

The government would not withdraw fringe benefit tax, which was introduced in the 2005-06 Budget, but the process would be made less painful, Central Board of Direct Taxes chairman M S Darda said on Friday.

India-Dubai trade rises to $11.8 bn

India-Dubai trade rises to $11.8 bn

Rediff.com21 Jun 2006

Increased gold trade between India and Dubai scaled up trade between both the countries by 37.9 per cent at $11.8 billion in 2005, compared to the previous year.

US vs Huawei: What is the controversy all about?

US vs Huawei: What is the controversy all about?

Rediff.com29 Jan 2019

One indictment accuses Huawei of trying to steal trade secrets from T-Mobile, and of promising bonuses to employees who collected confidential information on competitors. A second indictment claims the company worked to skirt US sanctions on Iran.

FDI in retail: New policy mooted

FDI in retail: New policy mooted

Rediff.com29 Nov 2005

India on Tuesday mooted a marketing policy for the sector though domestic players opposed any move to allow overseas investments in the retail space.

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

US disputes India's stand on farm sector

US disputes India's stand on farm sector

Rediff.com17 Nov 2005

The United States disputed India's stand that its proposal for reduction in trade-distorting domestic support for the agricultural sector did not amount to "real cuts".

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.

How govt plans to cut down food wastage

How govt plans to cut down food wastage

Rediff.com16 Jan 2019

Centre has already started work on developing a mechanism to ensure states producing any item in excess is able to transport it to other states where there is demand

PM Modi to address nation on Tuesday, last day of 3-week lockdown

PM Modi to address nation on Tuesday, last day of 3-week lockdown

Rediff.com13 Apr 2020

The prime minister is likely to talk about its possible extension.

$104 bn is export target for 2006-07

$104 bn is export target for 2006-07

Rediff.com18 Mar 2006

The commerce and industry ministry has fixed a tentative export target of $104 billion for the next fiscal, against a target of $92 billion for the current fiscal.

6 Indian N-facilities off US Entity List

6 Indian N-facilities off US Entity List

Rediff.com31 Aug 2005

The removal of the six Indian facilities from the Department of Commerce's Entity list is expected to reduce the number of licence applications for exports and re-exports to India.

Foreign liquor may soon be cheaper

Foreign liquor may soon be cheaper

Rediff.com17 Jan 2006