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.
A five member Egyptian trade delegation called on Commerce and Industry Minister Arun Jaitley on Thursday.
Says allow companies with up to 49% FDI to invest in restricted sectors.
Steps such as safeguard duty in the works to plug the route
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.
The board would take a decision on these applications on February 20.
The output had expanded by 4 per cent in March 2014.
'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.)
Union Commerce Minister Nirmala Sitharaman said she will pursue the matter with the finance ministry
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.
The 4 week online learning programme is available in English and Hindi, and will soon be offered in some regional languages.
India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.
The government is unlikely to extend any more incentives to exporters this financial year, with the export growth rate at an impressive 36.3 per cent in December, even as they complain of a high interest rate eating away competitiveness.
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.
The government on Friday said the country's economy was strong enough to sustain the free trade agreements entered into by India.
The Union government on Monday indicated it was hopeful of a favourable reply from the US Securities and Exchange Commission to a request for being lenient on scam-hit Satyam Computers, thereby allowing it to remain on the rehabilitation track."We are expecting to get a fair judgment (from the SEC)," ministry of corporate affairs' Secretary, R Bandyopadhyay, said here at an interactive session organised by the Bengal Chamber of Commerce and Industry.
The Centre has asked the Maharashtra government to reduce the size of the Reliance Industries-promoted Mahamumbai SEZ as it involves acquisition of over 10,000 hectares of land.
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.
Exports rise for 8th month, albeit at lower pace
Modi will have limited choice other than stressing upon a request for more time to decide on tariff rates, especially with elections in 2019.
Under MRA, Japan is to recognise Indian medical degrees and treat the country's doctors and other medical personnel on par with its own.
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.
A quick bounce back of the Chinese stocks looks improbable now.
Gold imports, which peaked at 162 tonnes in May, came down to 19.3 tonnes in November.
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 economy clocked a robust 7.9 per cent growth in the second quarter, catapulted by a stimulus packages-powered strong industrial growth. And, manufacturing grew by 9.2 per cent against 5.1 per cent in the year-ago quarter.
Shell gets govt's nod to import petrol, diesel
The Ministry of HRD, government of India, Department of Science & Technology, government of India and The Associated Chambers of Commerce and Industry of India present the Fifth Education Fair: International Exhibition and Seminar.
The Ministry of Company Affairs (MCA) has sent notices to all Indian Premier League franchisees, both old and new, asking them to furnish detailed company-related information.
The eight core industries -- fertilisers, cement, steel, electricity, crude oil, coal, petroleum refinery products and natural gas -- have a combined weight of about 38 per cent in the Index of Industrial Production.
The growth of eight core sectors slowed down to 2.6 per cent in August mainly due to contraction in steel output.
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.
