News for 'Ministry of Commerce and Industry'

Govt cancels export of sheep, goats to UAE after protests by Jains

Govt cancels export of sheep, goats to UAE after protests by Jains

Rediff.com1 Jul 2018

The export project, an initiative of the ministry of commerce and industry, was spearheaded by Rajya Sabha MP and Dhangar community leader Dr Vikas Mahatme. It was aimed at increasing the income of farmers and open new avenues of self-employment.

Govt targets $500-bn exports by 2014

Govt targets $500-bn exports by 2014

Rediff.com4 May 2011

It floated a strategy paper for this purpose where it had recommended certain specific areas such as skill development, focus on research and development and channelising incentives in a proper manner.

Minister for setting up statutory safety body for oil and gas sectors

Minister for setting up statutory safety body for oil and gas sectors

Rediff.com27 Jun 2014

The Oil Industry Safety Directorate, under the Petroleum Ministry, carries out safety audits of oil and gas installations, besides formulating and standardising procedures and guidelines for design, operation and maintenance.

Govt allows export of COVID-19 PPE medical coveralls

Govt allows export of COVID-19 PPE medical coveralls

Rediff.com29 Jun 2020

The product was banned for export earlier, but has now been moved to the restricted category, under which an exporter would have to seek a licence from the government for shipments.

India to get world's first gem bourse

India to get world's first gem bourse

Rediff.com24 Dec 2013

The first of its kind, a gem bourse to cater to the needs of the gemstone industry of the Pink City where all the business could be transacted under one roof, would soon become a reality.

Core sector growth jumps to 5-month high of 6.7%

Core sector growth jumps to 5-month high of 6.7%

Rediff.com31 Dec 2014

Coal, refinery products, electricity and cement production registered a growth of 14.5 per cent, 8.1 per cent, 10.2 per cent and 11.3 per cent, respectively in November, as per the data released by the Commerce and Industry Ministry.

FDI flows to China jumps to $53.83 bn in first 5 months

FDI flows to China jumps to $53.83 bn in first 5 months

Rediff.com11 Jun 2015

China approved 9,582 new foreign-funded companies in first 5 months.

Bihar Aquaponics Farm Blazes A Trail

Bihar Aquaponics Farm Blazes A Trail

Rediff.com16 Jul 2022

'Aquaponics can effectively cushion the impact of a calamity like COVID.'

Core sector growth rate slows to 3.2% in Oct

Core sector growth rate slows to 3.2% in Oct

Rediff.com30 Nov 2015

The growth rate in September too was 3.2%.

Govt launches portal to better biz climate

Govt launches portal to better biz climate

Rediff.com21 Jan 2014

Sharma says efforts on to bring dissenting ministries on board eBiz platform.

Exports rise for 4th straight month; up 5.72% at $24 billion

Exports rise for 4th straight month; up 5.72% at $24 billion

Rediff.com13 Jan 2017

Imports too rose by 0.46 per cent to $34.25 billion during the month under review, leaving a trade deficit of $10.36 billion.

Soon, India will unveil the much-delayed foreign trade policy

Soon, India will unveil the much-delayed foreign trade policy

Rediff.com28 Jan 2015

The much-delayed Foreign Trade Policy (FTP), which will roll out steps to boost exports, is expected to be unveiled soon.

National lockdown extended by 2 weeks to May 17

National lockdown extended by 2 weeks to May 17

Rediff.com1 May 2020

A limited number of activities will remain prohibited across the country, irrespective of the zone, including travel by air, rail, metro and inter-state movement by road, running of schools, colleges, and other educational and training/coaching institutions.

India Inc seeks ease of doing biz in return for 'Make in India' call

India Inc seeks ease of doing biz in return for 'Make in India' call

Rediff.com13 Sep 2015

India Inc is seeking at least quarterly interactions with senior government representatives to establish a channel of communication and help change the opinion at the highest level.

Min makes a case for policy to widen FDI ambit

Min makes a case for policy to widen FDI ambit

Rediff.com24 Feb 2011

The note recommends allowing FDI in domestic firms through the issue of partly-paid up shares and convertible warrants, but with certain riders.

Exports sops may be announced before Budget

Exports sops may be announced before Budget

Rediff.com2 Feb 2011

Commerce and Industry Minister Anand Sharma on Wednesday said the government will soon announce incentives for labour intensive export sectors, notwithstanding high growth in the shipments during December.

Tax breaks for exports

Tax breaks for exports

Rediff.com10 Apr 2004

GST impact: Gold import surge from South Korea alarms govt

GST impact: Gold import surge from South Korea alarms govt

Rediff.com9 Aug 2017

Steps such as safeguard duty in the works to plug the route

COVID-19: 'Economic slowdown was like coma'

COVID-19: 'Economic slowdown was like coma'

Rediff.com5 Nov 2020

There are indications or signs of the economy picking up -- collection of GST and consumption of electricity, said former RBI governor, C Rangarajan.

Why Chinese firms are under govt lens

Why Chinese firms are under govt lens

Rediff.com10 Jan 2019

The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.

BIS mandatory for 135 items

BIS mandatory for 135 items

Rediff.com6 Feb 2003

Madam Raksha Mantri, this is what you need to do first!

Madam Raksha Mantri, this is what you need to do first!

Rediff.com6 Sep 2017

'She must first change the Rules of Business 1961 that makes the defence secretary and not the defence minister responsible for the defence of the country!' says Colonel Anil A Athale (retd.)

eGoM to reconsider SEZ land ceiling limit

eGoM to reconsider SEZ land ceiling limit

Rediff.com29 Jan 2008

eGOM is likely to reconsider the 5000 hectre SEZ land ceiling limit in the coming 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.

Modi bracing for tough RCEP meet in Singapore

Modi bracing for tough RCEP meet in Singapore

Rediff.com12 Nov 2018

Modi will have limited choice other than stressing upon a request for more time to decide on tariff rates, especially with elections in 2019.

How Modi govt plans to spur economic growth

How Modi govt plans to spur economic growth

Rediff.com27 May 2019

There is talk of a fresh approach to a new labour code as well as reforming land acquisition laws in such a way as to be politically.

Interest sops for exporters may be extended

Interest sops for exporters may be extended

Rediff.com3 Feb 2011

The government is likely to extend interest subvention for some export-oriented sectors for another year to sustain the current growth in exports. This will be announced during the coming Union Budget for 2011-2012.

DIPP proposes downstream route to bypass FDI caps

DIPP proposes downstream route to bypass FDI caps

Rediff.com27 Jun 2011

Says allow companies with up to 49% FDI to invest in restricted sectors.

Inter-ministerial meeting on GM crops

Inter-ministerial meeting on GM crops

Rediff.com25 Feb 2003

Amidst controversy on the issue of import of genetically modified foods, an inter-ministerial meeting is being held on Wednesday to discuss the policy on GM foods and crop, including their import.\n\n\n\n

8 core sectors' production drops to a dismal 17-month low

8 core sectors' production drops to a dismal 17-month low

Rediff.com30 Apr 2015

The output had expanded by 4 per cent in March 2014.

Why India is staring at 10-15% decline in textile production

Why India is staring at 10-15% decline in textile production

Rediff.com19 Oct 2018

The country's textile industry is concentrated in a few pockets of Gujarat and Maharashtra in the west and Tamil Nadu and Karnataka in the south.

Investors not keen on SEZs; 57 to surrender zones

Investors not keen on SEZs; 57 to surrender zones

Rediff.com10 Feb 2015

The board would take a decision on these applications on February 20.

VSNL likely to set up Rs 2000 cr SEZ in Delhi

VSNL likely to set up Rs 2000 cr SEZ in Delhi

Rediff.com18 Jan 2007

VSNL intends to set up the unit through its wholly owned subsidiary, VSNL Global Services.

Now, bar coding mandatory for pharma exports

Now, bar coding mandatory for pharma exports

Rediff.com13 Jan 2011

The commerce ministry has mandated bar coding on all medicine packs meant for exports from July 1, to trace and track these medicines to its source of origin. The move is in response to quality concerns raised against Indian drugs by some African countries.

Exports dip by 4.16% in May

Exports dip by 4.16% in May

Rediff.com2 Jul 2012

In May 2011, the exports stood at $26.79 billion.

Ready for the Startup India Learning Programme?

Ready for the Startup India Learning Programme?

Rediff.com18 Jan 2017

The 4 week online learning programme is available in English and Hindi, and will soon be offered in some regional languages.

China warns of 'grim situation' on foreign trade front

China warns of 'grim situation' on foreign trade front

Rediff.com19 Oct 2011

"The import and export situation will be quite grim in the fourth quarter of this year and next year, or at least in the first quarter of next year," MOC spokesman Shen Danyang said at a press conference.

Mobile phone makers want relaxation under PLI scheme

Mobile phone makers want relaxation under PLI scheme

Rediff.com5 Apr 2021

In a communication to the empowered committee on PLI recently, the Indian Cellular & Electronics Association (ICEA) has stated that except one player (Samsung), all the other eight players (which include vendors of Apple Inc) selected under the scheme were facing numerous challenges in fulfilling the qualification criteria.

Egyptian trade team meets Jaitley

Egyptian trade team meets Jaitley

Rediff.com10 Apr 2003

A five member Egyptian trade delegation called on Commerce and Industry Minister Arun Jaitley on Thursday.