News for 'Department of Industries and Commerce'

House panel for 'blanket ban' on FDI in pharma

House panel for 'blanket ban' on FDI in pharma

Rediff.com14 Aug 2013

The report comes at a time when the government is trying to clear pending FDI proposals, which include various planned investments in this sector.

New techs to drive patent filings in India

New techs to drive patent filings in India

Rediff.com27 Jul 2013

Patent filings in India would be more and more driven by new technologies, which are either kept secret or patented.

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.

Curbs on gold import norms leading to smuggling: Minister

Curbs on gold import norms leading to smuggling: Minister

Rediff.com21 Mar 2014

To check rising current account deficit, the government raised import duties and the RBI imposed curbs on import of the metal and also laid down various pre-conditions for inward shipments of the precious metal.

Indian govt prepares to battle US pressure on trade laws

Indian govt prepares to battle US pressure on trade laws

Rediff.com22 Apr 2014

A certain segment of the US pharma industry have become vocal about Indian policies on domestic content requirements and IPR.

How the Web lost its innocence

How the Web lost its innocence

Rediff.com8 Jun 2018

Ajit Balakrishnan on how the Web could return to its original egalitarian goals.

If Jaishankar's diagnosis is correct, what stops him from correcting it?

If Jaishankar's diagnosis is correct, what stops him from correcting it?

Rediff.com14 Sep 2020

'What Jaishankar says is simplistic.' 'The past does not matter that much.' 'If we think that it does it is because we are not good enough at running the nation competently today and are searching for excuses why,' argues Aakar Patel.

Round 3: How Sitharaman plans to revive economy

Round 3: How Sitharaman plans to revive economy

Rediff.com14 Sep 2019

In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.

Business friendly state: Gujarat, Maharashtra fight for No.1 position

Business friendly state: Gujarat, Maharashtra fight for No.1 position

Rediff.com17 Feb 2016

The Make in India Week has become a platform for two Bharatiya Janata Party (BJP)-ruled states to jostle for the number one destination in India for investor funds.

No plan to relax 30% local sourcing norm for retailers: Govt

No plan to relax 30% local sourcing norm for retailers: Govt

Rediff.com9 Oct 2013

Rejecting the demand of global retailers like Walmart, the government on Wednesday said there is no plan to relax the mandatory 30 per cent local sourcing norms for foreign players in the multi-brand retail sector.

India eyes $900 billion exports by 2020; sops for exporters

India eyes $900 billion exports by 2020; sops for exporters

Rediff.com1 Apr 2015

The government announced several incentives in the five-year Foreign Trade Policy.

How the govt plans to revamp the scam-hit telecom sector

How the govt plans to revamp the scam-hit telecom sector

Rediff.com29 Jan 2015

'Our mandate is to work in a transparent manner, keeping two objectives in mind - consumer interest and growth of the telecom sector.'

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.

The daunting tasks facing Suresh Prabhu

The daunting tasks facing Suresh Prabhu

Rediff.com15 Sep 2017

Mr Prabhu has a big challenge ahead in implementing trade reforms to regain the lost export momentum, says Jayanta Roy.

'Heavens won't fall if India's fiscal target is not met'

'Heavens won't fall if India's fiscal target is not met'

Rediff.com12 Jan 2015

Assocham said even if an investment revival were to happen, it would be a time lag of at least 18 months before it reflects in the manufacturing sector.

Amazon readies plan to take on Walmart in India's retail space

Amazon readies plan to take on Walmart in India's retail space

Rediff.com17 May 2018

While the talks are still at a preliminary stage, sources said major retail players had held discussions with Amazon

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.

Tata Trusts to invest in socially relevant start-ups

Tata Trusts to invest in socially relevant start-ups

Rediff.com10 Mar 2017

The partners intend to invest $2 million annually through the India Innovation Growth Programme for the entrepreneurs to develop technology-based solutions for the betterment of the society

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.

Budget: Why customs duty was hiked on mobile phones

Budget: Why customs duty was hiked on mobile phones

Rediff.com9 Feb 2018

Even as the government's move to hike import duties on 45 items is seen as a sign of protectionism, the prime minister was himself involved in the process.

Meet the man who ensured food supply during lockdown

Meet the man who ensured food supply during lockdown

Rediff.com26 May 2020

'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.'

Mehbooba sacks Finance Minister Drabu for saying J-K 'not a political issue'

Mehbooba sacks Finance Minister Drabu for saying J-K 'not a political issue'

Rediff.com12 Mar 2018

"It (JK) is not a political issue as far as I can see. They have been barking up the wrong tree for the last 50 or 70 years by talking about the politics of it, that the political situation has never improved. We seriously need to look at in terms of how it is a society that is in search for itself," Drabu had said at an event organised by the PHD Chamber of Commerce and Industry in New Delhi on Friday.

Decision on FDI cap soon: FM

Decision on FDI cap soon: FM

Rediff.com2 Jul 2013

Seeking to spur foreign investments, Finance Minister P Chidambaram has said the Union Cabinet will decide on raising FDI caps in different sectors in the third week of this month.

'US-India defence relationship has unmet potential'

'US-India defence relationship has unmet potential'

Rediff.com3 Apr 2014

Powerful senators write to US Defense Secretary Hagel to support a robust defence relationship with India to achieve shared goals and form an unwavering bond between the world's two largest democracies. Aziz Haniffa in Washington, DC

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Rediff.com3 Sep 2017

In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.

Odisha: Of unkept promises and chasing big-ticket investments

Odisha: Of unkept promises and chasing big-ticket investments

Rediff.com12 Jul 2016

A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.

Stay ahead of the game; learn the tricks from Ecom king Jack Ma

Stay ahead of the game; learn the tricks from Ecom king Jack Ma

Rediff.com13 Nov 2015

Stay ahead of the game; learn the tricks from Ecom king Jack Ma.

No movement in WTO's Bali package worries India

No movement in WTO's Bali package worries India

Rediff.com22 Apr 2014

Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process.

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.

Information Technology: Boost for hardware, but disappointment for IT services

Information Technology: Boost for hardware, but disappointment for IT services

Rediff.com2 Mar 2016

The key proposals from the IT industry that were not addressed included removal of dual levies on software products

Services attract highest FDI despite Make in India push

Services attract highest FDI despite Make in India push

Rediff.com9 Jul 2015

Services attract highest foreign direct investment, despite Make in India push.

AAP fumes after Delhi L-G stalls home delivery services

AAP fumes after Delhi L-G stalls home delivery services

Rediff.com27 Dec 2017

Hitting out at Baijal over the move, Sisodia wondered whether the L-G should have powers to express difference of opinion with an elected government on such critical matters of public interest.

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.

Why it is necessary to have a Cabinet panel on exports

Why it is necessary to have a Cabinet panel on exports

Rediff.com17 Feb 2016

Exports are slowing and economic growth in major markets for Indian goods has taken a hit.

India to push for cut in farm sops by rich nations at WTO

India to push for cut in farm sops by rich nations at WTO

Rediff.com4 Jun 2015

India believes rich nations should be away from farm subsidies.

Apple can open its own stores in India

Apple can open its own stores in India

Rediff.com20 Jun 2016

Paving way for iPhone maker Apple to open its own stores India, the government on Monday relaxed FDI norms by giving a three-year exemption from local sourcing to foreign players in single-brand retail and a further five-year relaxation for 'state-of-art' and 'cutting-edge' technology.

'Under very difficult circumstances, people are going above and beyond the call of duty'

'Under very difficult circumstances, people are going above and beyond the call of duty'

Rediff.com29 May 2020

'It has been a phenomenal effort at all levels of the government.' 'People were working 15-16 hour shifts in the central government, in the state governments, in the districts....'

WTO food subsidies cap not to be breached, says India

WTO food subsidies cap not to be breached, says India

Rediff.com20 Aug 2014

The Indian government has demanded that the year be changed to a more recent period, taking into consideration the rise in food prices and rate of inflation.

Modi's action plan for start-ups: Up, up and away

Modi's action plan for start-ups: Up, up and away

Rediff.com19 Jan 2016

'Expectations were being built up about radical moves and the action plan did not disappoint.'

'Talent is everywhere and relevant to a nation's success'

'Talent is everywhere and relevant to a nation's success'

Rediff.com9 Jul 2020

'Everybody says 5G and communication is important.' 'Everybody says automation, robotics, human computing interfaces -- people and machines working together -- is the future.' 'Everybody agrees that cybersecurity is something that is here to stay.' 'Everybody agrees that synthetic biology is important.' 'Instead of outlining thinking about industries for tomorrow and the future, let the evolutionary pathway be built in a way that it promotes robust, creative, thinking.'