News for 'Export Council'

Demonetisation casts pall on wedding season, apparel sales down 30-40%

Demonetisation casts pall on wedding season, apparel sales down 30-40%

Rediff.com29 Nov 2016

Despite the onset of wedding season, the situation in apparel retail market remained unchanged and saw sharp decline in sales

Trump signs $350-bn arms deal with Saudi Arabia

Trump signs $350-bn arms deal with Saudi Arabia

Rediff.com21 May 2017

The deal was hailed by the White House as 'a significant expansion of (the) security relationship'.

We will have to reassess our growth estimate: C Rangarajan

We will have to reassess our growth estimate: C Rangarajan

Rediff.com14 Jul 2013

'It appears the growth rate could be around six per cent'.

Indians have $1 trillion worth of gold!

Indians have $1 trillion worth of gold!

Rediff.com4 Dec 2014

'India has about 22,000 tonnes of private gold, held by individuals and temples.' 'Much of this is locked up in safes and vaults as a dead investment. If we can put the vast reserves of gold to use, it would boost the economy,' says V P Nandakumar, executive chairman, Manappuram Finance, India's first listed gold loan company.

Champions Trophy says cheers to Mallya's Kingfisher beer

Champions Trophy says cheers to Mallya's Kingfisher beer

Rediff.com22 May 2017

Kingfisher to be lager partner at ICC Champions Trophy to be played in UK.

Covid vaccine possible by 2021 first quarter: Vardhan

Covid vaccine possible by 2021 first quarter: Vardhan

Rediff.com13 Sep 2020

Vardhan stated the government is taking full precautions in human trials of vaccines and the National Expert Group on Vaccine Administration for COVID-19 under the chairmanship of Dr V K Paul, member-health, NITI Aayog, is drawing up a detailed strategy on how to immunize the majority of the population.

State of economy spooks BJP allies, but no one's listening

State of economy spooks BJP allies, but no one's listening

Rediff.com17 Oct 2017

Its governing allies are not happy on the economy and complain of ignored concerns but find themselves unable to be assertive.

India's 2018-19 economic growth pegged at 7.5%

India's 2018-19 economic growth pegged at 7.5%

Rediff.com26 Feb 2018

The wholesale price index inflation is projected at 6.4 per cent for 2017-18.

Air India staff found smuggling gold

Air India staff found smuggling gold

Rediff.com30 Jul 2014

Junior Civil Aviation Minister G M Siddeshwara told Parliament that disciplinary action has been taken against the employees.

RBI's stance disappoints India Inc

RBI's stance disappoints India Inc

Rediff.com5 Oct 2017

Assocham expressed concern over the precarious situation that the manufacturing sector is in, observing that if the trend does not reverse with monetary and fiscal measures it would be difficult for the industry to generate jobs.

Greece impact: India Inc stares at weakening euro

Greece impact: India Inc stares at weakening euro

Rediff.com30 Jun 2015

Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.

India-US Roller Coaster Reaches New High

India-US Roller Coaster Reaches New High

Rediff.com26 Feb 2020

'Many said his visit was very risky. But mercifully, Air Force One has taken off from Delhi without Mr Trump stepping on anybody's toes,' notes Ambassador T P Sreenivasan.

Tax Code: SEZ issues dealt at 'highest level'

Tax Code: SEZ issues dealt at 'highest level'

Rediff.com27 Oct 2009

"We are confident that the status quo will be there...the issue has been taken up at the highest level," additional secretary in the Commerce Ministry D K Mittal said.

More bad news: NCAER pegs Q2 GDP growth at 4.9%

More bad news: NCAER pegs Q2 GDP growth at 4.9%

Rediff.com16 Nov 2019

NCAER said the monetary policy measures are unlikely to revive growth at this juncture and suggested providing fiscal stimulus, which too can be challenging unless it can be financed through better revenue generation.

Traders allegedly over-invoicing jewellery from Hong Kong

Traders allegedly over-invoicing jewellery from Hong Kong

Rediff.com19 Dec 2013

Import of jewellery from Hong Kong attracts no duty in India, due to a free trade agreement.

Denotification fine if duty refunded: SEZ body

Denotification fine if duty refunded: SEZ body

Rediff.com22 May 2009

DLF has sought the denotification of four of its IT/ITeS SEZs that were to come up in Haryana, Gujarat, Orissa and Kolkata, due to slowdown in the economy and liquidity crunch in the overall industry. The decision on the denotification would be taken on the June 2 meeting of the Board of Approval in the commerce ministry.

Why onions make us cry

Why onions make us cry

Rediff.com21 Oct 2019

'Electronic media splash sensational headlines of the bulb prices about to cross the three-figure mark and focus on customers looking longingly at baskets full of onions, bemoaning their misery without this essential staple of their diet,' notes Shreekant Sambrani.

Producing vaccines is not like making 2 minutes noodles

Producing vaccines is not like making 2 minutes noodles

Rediff.com27 May 2021

'Even if Serum Institute and Bharat Biotech were successful in ramping up production overnight, what happens to the capacity after the demand from India is met?' asks Sanjeev Nayyar.

India may source diamonds from African nations

India may source diamonds from African nations

Rediff.com4 Jun 2007

India has offered African countries --Botswana, Angola, South Africa and Namibia, incentives to strengthen their jewellery industry in return for direct procurement of rough diamonds from these countries.

SEZ developers want CST removed on domestic sale

SEZ developers want CST removed on domestic sale

Rediff.com29 Jun 2009

The Export Promotion Council for EOUs and SEZs has raised the issue with the Finance Ministry and is expecting a favourable response in the Budget. At present, units in the DTAs have to pay two per cent CST on goods bought from the special economic zones.

31 Indian cos to participate in Gitex

31 Indian cos to participate in Gitex

Rediff.com29 Aug 2007

Thirty-one Indian companies, under the aegis of Electronics and Computer Software Export Promotion Council, will showcase their capabilities at the Gitex Dubai 2007, the largest IT show in the region.

'China, like US, is not dependable and trustworthy'

'China, like US, is not dependable and trustworthy'

Rediff.com18 Oct 2019

'Only when China treats India as an equal can we consider them real friends.'

India better placed in fight against COVID-19: Modi

India better placed in fight against COVID-19: Modi

Rediff.com27 Jul 2020

Speaking after virtually launching COVID-19 testing facilities in Noida, Mumbai and Kolkata, Modi said that in the fight against coronavirus, India has come to a point where it does not lack in awareness, its scientific data is expanding and resources are also increasing.

India's IT sector eyes S Africa, West Asia

India's IT sector eyes S Africa, West Asia

Rediff.com26 May 2008

With major IT markets in US, Europe and Japan expecting to witness a slowdown, Indian Information and Communication Technology (ICT) sector is now turning to South Africa and West Asian markets in a bigger way.

Modi irresponsible, accusations an act of desperation: Pak

Modi irresponsible, accusations an act of desperation: Pak

Rediff.com25 Sep 2016

Pakistan on Sunday rejected Prime Minister Narendra Modi's assertion that it was exporting terror, saying the remarks were part of a "well thought out vilification campaign" to distract attention from Kashmir.

The rush for less cash

The rush for less cash

Rediff.com13 Dec 2016

Initiatives to convince citizens to go cashless.

No signs of Covid curve flattening, cases to peak in Jul-Aug

No signs of Covid curve flattening, cases to peak in Jul-Aug

Rediff.com18 May 2020

'We don't know how complicated things will get with the onset of the monsoon.'

What changed for India after Balakot airstrike?

What changed for India after Balakot airstrike?

Rediff.com5 Mar 2020

A realistic assessment will tell us that not much has changed between India and Pakistan; the relationship remains as fraught as before with little prospect of reconciliation, notes Ajai Shukla.

Jewellers' stocks rise amid buzz of Sonia letter on norms

Jewellers' stocks rise amid buzz of Sonia letter on norms

Rediff.com24 Jan 2014

The 80:20 rule mandates importers to channel at least 20% of the import quantity for jewellery exports.

Rupee ends 13 paise lower against US dollar

Rupee ends 13 paise lower against US dollar

Rediff.com13 Jul 2015

Weakness in euro against the dollar weighed on the rupee.

Chennai footwear park attracts Rs 150 cr

Chennai footwear park attracts Rs 150 cr

Rediff.com19 Jul 2007

CLE, the implementing agency for the park, is in the process of creating the common facilities in the park.

Is double digit growth wishful thinking or an achievable target?

Is double digit growth wishful thinking or an achievable target?

Rediff.com14 Jul 2015

Country's economic growth at 9% requires exports to rise by around 20%, says NSC chairman Pronab Sen

SEZs funding to cross Rs 3 lakh crore: Singhal

SEZs funding to cross Rs 3 lakh crore: Singhal

Rediff.com12 Aug 2008

Speaking to Business Standard on the sidelines of the ground breaking ceremony of the Chennai-based Sri City's SEZ in Tada, in Andhra Pradesh, last week, Singhal said SEZs in the country have so far generated over 300,000 jobs, adding once all the 462 zones start functioning, they are expected to create 4 million jobs.

EoU tax break extension unlikely

EoU tax break extension unlikely

Rediff.com25 Feb 2008

Finance ministry opposed to exemptions in principle: Official.

'India is trapped in the political economy of incumbents who block change'

'India is trapped in the political economy of incumbents who block change'

Rediff.com22 Feb 2016

The non-oil, non-finance sector of the economy is under severe stress.

'Modi is aware of the hurdles and has taken positive steps'

'Modi is aware of the hurdles and has taken positive steps'

Rediff.com5 Nov 2015

Exports to India support 180,000 US jobs.

Global IT event to be held on Jan 9

Global IT event to be held on Jan 9

Rediff.com8 Jan 2007

The event will showcase India's cutting edge IT capabilities and outsourcing strengths to the global IT and business community.

India, China to equal US jewellery market

India, China to equal US jewellery market

Rediff.com7 Jul 2007

India and China are together expected to equal world's largest jewellery market, the United States, by 2015 when the global gems and jewellery trade is expected to touch $230 billion, states a new industry report.

Harley Davidson: Nath seeks duty cuts

Harley Davidson: Nath seeks duty cuts

Rediff.com18 Dec 2007

Commerce and Industry Minister Kamal Nath on Tuesday said he will talk to Prime Minster Manmohan Singh for reduction of import duty on American cult bike Harley Davidson.

Traders eye rough diamond imports of $1 bn

Traders eye rough diamond imports of $1 bn

Rediff.com25 Jun 2007

Aiming at rough diamond imports of $1 billion annually, Diamond India Ltd, a grouping of 60 traders, is looking at markets other than Russia to scale up its imports.