News for 'Ministry of Commerce'

TCS seeks time to set up SEZ in Andhra, Maharashtra

TCS seeks time to set up SEZ in Andhra, Maharashtra

Rediff.com18 Jan 2013

TCS is also seeking more time for setting up a unit in Mihan special economic zone at Nagpur in Maharashtra.

Needed: Comprehensive farm reform

Needed: Comprehensive farm reform

Rediff.com14 Jan 2021

As far as possible, investment in the agriculture sector must be from the government, and not the private sector, states Santushti Raj Thapar.

Nationwide protest planned against Walmart-Flipkart deal

Nationwide protest planned against Walmart-Flipkart deal

Rediff.com28 Jun 2018

Ever since the deal was announced of Walmart spending over $16 bn for a 77 per cent stake in Flipkart, the road to the takeover of India's biggest online marketplace has been quite bumpy

Stimulus package fails to lift stocks; Sensex plummets 886 pts

Stimulus package fails to lift stocks; Sensex plummets 886 pts

Rediff.com14 May 2020

Tech Mahindra was the top laggard in the Sensex pack, cracking over 5 per cent, followed by Infosys, HDFC, IndusInd Bank, Reliance Industries and NTPC. On the other hand, Hero MotoCorp, L&T, Maruti, UltraTech Cement and Sun Pharma led the gainers' chart.

FDI in H1 2018-19 fell 11% to $22.66 bn

FDI in H1 2018-19 fell 11% to $22.66 bn

Rediff.com4 Feb 2019

Key sectors that received maximum FDI include services, computer software and hardware, telecommunications, trading, chemicals, and automobile.

Rupee woes: MAIT seeks price revision in govt contracts

Rupee woes: MAIT seeks price revision in govt contracts

Rediff.com18 May 2012

The domestic electronic product manufacturers depend heavily on imports for hardware components like hard drive and displays.

Four more haats soon along Indo-Bangla border

Four more haats soon along Indo-Bangla border

Rediff.com27 Jun 2012

Border haats, to be set up in Tripura and Mizoram, follows the success of two existing border haats near Meghalaya.

'BJP does not support cow vigilantes, other such groups'

'BJP does not support cow vigilantes, other such groups'

Rediff.com21 May 2017

Irani said: "Everyone should work within the ambit of law. If somebody flouts laws unconstitutionally they will not get support from the BJP."

1 Coronavirus patient in Kerala discharged

1 Coronavirus patient in Kerala discharged

Rediff.com13 Feb 2020

Union health minister Harsh Vardhan said a total of 2,51,447 persons travelling in 2,315 flights have been screened so far.

India's exports dip 5.4% in Oct, trade deficit narrows

India's exports dip 5.4% in Oct, trade deficit narrows

Rediff.com3 Nov 2020

After recording positive growth in September, India's exports declined 5.4 per cent to $24.82 billion in October on account of dip in shipments of petroleum products, gems and jewellery, leather, and engineering goods. Trade deficit in October narrowed to $8.78 billion as against $11.76 billion, as imports also fell 11.56 per cent to $33.6 billion during the month under review.

Bangladesh has special place in India's neighbourhood first policy: Kovind

Bangladesh has special place in India's neighbourhood first policy: Kovind

Rediff.com16 Dec 2021

President Kovind, who arrived in Dhaka earlier in the day on his maiden State visit at the invitation of his counterpart M Abdul Hamid to attend the golden jubilee celebrations of Bangladesh's independence from Pakistan in 1971, held delegation-level talks with him which was followed by a banquet.

Modi, Morrison discuss keeping Indo-Pacific rules-based

Modi, Morrison discuss keeping Indo-Pacific rules-based

Rediff.com24 Sep 2021

Prime Minister Narendra Modi has met his Australian counterpart Scott Morrison in Washington, DC, ahead of the first in-person Quad meeting to be hosted by US President Joe Biden and discussed a broad range of issues of bilateral, regional and global importance, including the Indo-Pacific.

Sensex jumps 184 points to close at new record high

Sensex jumps 184 points to close at new record high

Rediff.com7 Nov 2019

Top gainers in the Sensex pack included Sun Pharma, IndusInd Bank, RIL, ITC, Vedanta, Asian Paints, HDFC and Infosys, advancing up to 3.02 per cent.

After Galwan standoff, India eyes free trade deal with US

After Galwan standoff, India eyes free trade deal with US

Rediff.com20 Jun 2020

The trade deal, officials say, can lead to an effective trading bloc against the China-led Regional Comprehensive Economic Partnership.

Gold imports rise 54% to $ 3.97 billion in April

Gold imports rise 54% to $ 3.97 billion in April

Rediff.com20 May 2019

Increase in gold imports pushed the country's trade deficit to a five-month high of $ 15.33 billion in April.

Pak govt washes hand off row over Indian envoy's Karachi event

Pak govt washes hand off row over Indian envoy's Karachi event

Rediff.com8 Sep 2016

Pakistan has said that Karachi Chambers of Commerce and Industries, which cancelled Indian High Commissioner Gautam Bambawale's public engagement at the last minute, is an independent body, a day after India summoned Pakistani envoy to lodge a strong protest over the incident.

India, Iran look at $25 bn trade by 2015

India, Iran look at $25 bn trade by 2015

Rediff.com12 Mar 2012

India and Iran plan to reach USD 25 billion in annual bilateral trade in the next four years, Indian commerce ministry has said.

Modi's ministry bears indelible impress of a single person

Modi's ministry bears indelible impress of a single person

Rediff.com30 May 2014

Narendra Modi's victory does not represent a victory of 'the Indian nation', but only an elite-driven polarising phenomenon. The sooner we -- and the BJP -- recognise this, the better, says Praful Bidwai.

Scindia wants stimulus for exports to go on

Scindia wants stimulus for exports to go on

Rediff.com9 Feb 2010

The commerce ministry wants the stimulus packages for exporters to continue for some more time till the sector recovers completely.

How much diamonds were imported in April-November?

How much diamonds were imported in April-November?

Rediff.com2 Mar 2018

Two entities under the Union ministry of commerce report differing figures for import of cut and polished diamonds for the first eight months of the financial year.

Govt officials are grumbling over foreign travel memo

Govt officials are grumbling over foreign travel memo

Rediff.com17 Aug 2016

Many argue there's a mismatch between Prime Minister Narendra Modi's focus on international exposure and his government's diktat to officials on limiting travel.

Modi wants India to break into the $5 trillion club

Modi wants India to break into the $5 trillion club

Rediff.com22 Jun 2018

Listing out the achievements of his government, he said the country has moved away from a culture of delaying work through 'atkana, latkana and bhatkana' (obstructing, delaying and misguiding).

Centre to hold further talks with Punjab farmers: Tomar

Centre to hold further talks with Punjab farmers: Tomar

Rediff.com13 Nov 2020

He also said that train services will resume after the state government and protesting farmer unions assure the safety of the tracks. Tomar and Union Food, Commerce and Railways Minister Piyush Goyal held a day-long meeting with representatives of various farmer unions at Vigyan Bhawan in New Delhi.

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.

Govt bans onion export, imposes stock limit

Govt bans onion export, imposes stock limit

Rediff.com29 Sep 2019

The move comes amid sharp increase in retail prices of onion since August despite the government's several measures to boost the supply and contain prise rise.

Indian Army's shopping list worth Rs 300 billion

Indian Army's shopping list worth Rs 300 billion

Rediff.com27 Aug 2020

'The equipment that you make for us must be the best in the world so that it complements the Indian soldier who is without doubt the very best in the world.'

NBA roundup: Heat start with a bang, blow out Bucks

NBA roundup: Heat start with a bang, blow out Bucks

Rediff.com22 Oct 2021

Boston Celtics' Kanter sparks backlash in China after comments on Tibet, Xi.

India's exports may touch $360 bn this fiscal

India's exports may touch $360 bn this fiscal

Rediff.com6 Jun 2014

India's exports are expected to touch $360 billion in the current fiscal from $312.35 billion in 2013-14, Federation of Indian Export Organisations (FIEO) said.

INS Vikrant : 12 years late, 13 times the cost

INS Vikrant : 12 years late, 13 times the cost

Rediff.com21 Aug 2021

The MiG29K and MiG29KUB, the aircraft carrier's primary fighters, spent more time in the hangar than in the air, with fleet serviceability remaining below 50 per cent, reports Ajai Shukla.

Pak's U-turn on MFN: Status NOT granted to India, says Gilani

Pak's U-turn on MFN: Status NOT granted to India, says Gilani

Rediff.com5 Nov 2011

Prime Minister Yousuf Raza Gilani has made it clear that Pakistan has not granted the Most Favoured Nation status to India, saying the commerce ministry has only been tasked to move forward on the issue in bilateral negotiations.

Bar-coding technology to monitor medicines

Bar-coding technology to monitor medicines

Rediff.com1 Jun 2011

If such bar-coding covers government procurement, pinpointing the culprits will become easier.

Industries in rural areas allowed to operate from April 20

Industries in rural areas allowed to operate from April 20

Rediff.com15 Apr 2020

Fresh guidelines issued by the Union home ministry on Wednesday permit industries operating in rural areas to run from April 30 with strict social distancing norms.

Govt now allows doorstep delivery of drugs

Govt now allows doorstep delivery of drugs

Rediff.com27 Mar 2020

Medicines that fall under Schedule H category (class of prescription drugs) would be provided against a valid prescription that can be submitted either physically or over e-mail. Narcotics, psychotropics and controlled substances, though, cannot be delivered.

Board of Trade may meet on Oct 11 to review exports

Board of Trade may meet on Oct 11 to review exports

Rediff.com5 Oct 2011

A meeting of the Board of Trade, an advisory body to the Commerce Ministry, is likely to be held on October 11, a ministry official said.

Next time invite FM: Cong mocks PM's budget meet

Next time invite FM: Cong mocks PM's budget meet

Rediff.com9 Jan 2020

Later, Sitharaman's office clarified that the FM had already met the industrialists, experts, and economists during the pre-budget consultations.

Sitharaman has some good news for 'honest taxpayers'

Sitharaman has some good news for 'honest taxpayers'

Rediff.com7 Jan 2020

In a bid to curb harassment of taxpayers, Sitharaman said, a faceless e-assessment scheme was launched in October to eliminate interface between an assessing officer and a taxpayer.

'Small traders lost Rs 4-5 lakh crores in lockdown'

'Small traders lost Rs 4-5 lakh crores in lockdown'

Rediff.com7 Oct 2020

'You have come out with a package for the kisan.' 'You have a package for industry.' 'But has anyone addressed the issues concerning small traders?'

Interest subsidy for exporters may be extended

Interest subsidy for exporters may be extended

Rediff.com27 Jan 2010

Although India's exports have started growing again after several months of decline, commerce ministry sources told Business Standard that the extension is being considered to sustain growth and stabilise it at 15 to 20 per cent.

Sourcing norm won't apply to Tesla, says government

Sourcing norm won't apply to Tesla, says government

Rediff.com23 May 2017

It is only for retail trading of goods that sourcing conditions are mandated. Such norms are not applicable to manufacturers as goods are produced in India, the government said.

Why India will find it difficult to become a $1-trn digital economy

Why India will find it difficult to become a $1-trn digital economy

Rediff.com9 Mar 2018

The government needs to make the right policies and further execute them properly if it wants to move towards this goal