News for 'Department of Commerce'

India's FDI during Apr-Feb jumps to $37.53 billion

India's FDI during Apr-Feb jumps to $37.53 billion

Rediff.com2 May 2016

Services attracted the most FDI during the first eleven months period of 2015-16.

India unlikely to meet $125b export target

India unlikely to meet $125b export target

Rediff.com4 Apr 2007

If the provisional figures released by the department of commerce are any indication, India is unlikely to meet the export target of $125 billion in the 2006-2007 fiscal.

Few mind-blowing events that rocked India Inc in 2014

Few mind-blowing events that rocked India Inc in 2014

Rediff.com23 Dec 2014

Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.

Dubai woos Indian investors

Dubai woos Indian investors

Rediff.com15 Sep 2005

The roadshow will bridge any existing gaps and assist Indian companies seeking to invest in Dubai.

India is world's 2nd largest cement maker

India is world's 2nd largest cement maker

Rediff.com27 Mar 2007

India has emerged as the second largest manufacturer of cement in the world, according to a latest report released by the Ministry of Commerce and Industry.

Flipkart sees a slew of changes in top management

Flipkart sees a slew of changes in top management

Rediff.com12 Dec 2018

These top level changes have come soon after Flipkart co-founder and Group CEO Binny Bansal resigned over allegations of serious personal misconduct in November.

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.

FDI shifting from China to India? 3 reasons why it's a joke!

FDI shifting from China to India? 3 reasons why it's a joke!

Rediff.com20 May 2020

'The belief that FDI will shift from China appears to be a strategy of politicians to keep the media busy, chasing irrelevant news to ward off pressure and questions about the government's plans to deal with COVID,' observes Debashis Basu.

Paytm looking for non-banking CEO for payments bank

Paytm looking for non-banking CEO for payments bank

Rediff.com14 Sep 2015

In August, RBI allowed 11 business houses to start a payments bank.

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.

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

Modi meets 42 global CEOs, pushes Startup India

Modi meets 42 global CEOs, pushes Startup India

Rediff.com26 Sep 2019

Chairing an exclusive roundtable with 42 global CEOs and top executives from across 20 sectors, Modi stressed on continued political stability in India, predictability of policy, and pro-development and pro-growth policies.

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.

How India plans to improve global university rankings

How India plans to improve global university rankings

Rediff.com23 Mar 2018

Government gives 60 institutes freedom to fix courses, collaborate with foreign peers.

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.

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.

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

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.

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.

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.

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.

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

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.

What Swadeshi Jaagran Manch wants changed in Modi's farm laws

What Swadeshi Jaagran Manch wants changed in Modi's farm laws

Rediff.com7 Oct 2020

'The SJM has requested the government to bring a change in the law which will ensure MSP as the floor price for all farmers below which nobody should buy anything from them.'

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.

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".

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.