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.
Sharma says efforts on to bring dissenting ministries on board eBiz platform.
The much-delayed Foreign Trade Policy (FTP), which will roll out steps to boost exports, is expected to be unveiled soon.
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.
The note recommends allowing FDI in domestic firms through the issue of partly-paid up shares and convertible warrants, but with certain riders.
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.
Steps such as safeguard duty in the works to plug the route
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.
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.
'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.)
'Let us stand together in displaying our utter and complete lack of spine, in safeguarding our hundreds of crore rupees of income and in supporting this military-style mobilisation against the very masses who have practically treated us as gods and to whom we owe everything we enjoy.'
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.
Modi will have limited choice other than stressing upon a request for more time to decide on tariff rates, especially with elections in 2019.
India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.
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.
The prime minister is likely to talk about its possible extension.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
eGOM is likely to reconsider the 5000 hectre SEZ land ceiling limit in the coming month.
With pricing power of producers unlikely to strengthen and commodities ex-crude oil likely to remain sluggish in the immediate term, the core-WPI inflation may remain sub-zero in the rest of this calendar year.
Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
The output had expanded by 4 per cent in March 2014.
The 4 week online learning programme is available in English and Hindi, and will soon be offered in some regional languages.
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.
Says allow companies with up to 49% FDI to invest in restricted sectors.
The board would take a decision on these applications on February 20.
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
Exports rise for 8th month, albeit at lower pace
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.
"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.
VSNL intends to set up the unit through its wholly owned subsidiary, VSNL Global Services.
Union Commerce Minister Nirmala Sitharaman said she will pursue the matter with the finance ministry
A five member Egyptian trade delegation called on Commerce and Industry Minister Arun Jaitley on Thursday.
A business in India wanting access to maps and geospatial data would typically have to wait months before it got what it wanted. All this is set to change with the new guidelines on geospatial data, report Neha Alawadhi and Peerzada Abrar.
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.
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