News for 'Ministry of Commerce'

10% duty on gold jewellery import from Thailand soon

10% duty on gold jewellery import from Thailand soon

Rediff.com28 Jan 2013

Move after spurt in shipments from the south-east Asian country Thai govt response awaited.

Pfizer in final stages of vaccine deal with India: CEO

Pfizer in final stages of vaccine deal with India: CEO

Rediff.com22 Jun 2021

United States Pharma giant Pfizer is in the final stages of an agreement with India to supply anti-COVID-19 vaccines, Chief Executive Officer Dr Albert Bourla said on Tuesday, observing that the domestically manufactured vaccines would be the backbone of vaccinating the Indian people.

What happens if India bans Chinese smartphones

What happens if India bans Chinese smartphones

Rediff.com21 Oct 2020

Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.

Celebrities can face 5-year jail, fine for misleading ads

Celebrities can face 5-year jail, fine for misleading ads

Rediff.com29 Aug 2016

The ministry has proposed similar penalty and jail term for adulteration, besides license suspension and cancellation

On Rihanna's tweet Tendulkar says, Indians should decide for India

On Rihanna's tweet Tendulkar says, Indians should decide for India

Rediff.com4 Feb 2021

Earlier in the day, former India spinner Pragyan Ojha said the country knows how important farmers are and an outsider's opinion is not needed on an internal matter.

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.

Govt says no compensation to kin of farmers died during protest

Govt says no compensation to kin of farmers died during protest

Rediff.com2 Feb 2021

Agriculture Minister Narendra Singh Tomar on Monday replied in the negative when asked in the Lok Sabha if the government proposes to give compensation to the families of farmers who have died during the ongoing agitation against new farm laws.

FDI rises 15% during Apr-Sep to $26 bn

FDI rises 15% during Apr-Sep to $26 bn

Rediff.com1 Jan 2020

Singapore continued to be the largest source of FDI in India followed by Mauritius, the US, the Netherlands and Japan.

Govt writes to farmers, inviting them for new round of talks

Govt writes to farmers, inviting them for new round of talks

Rediff.com21 Dec 2020

In a letter to 40 union leaders, Union Agriculture Ministry Joint Secretary Vivek Aggarwal said the Centre is making all efforts with "an open heart" to find an appropriate solution to resolve all the concerns raised by farmers.

Sensex closes at new high; Infosys rallies 3%

Sensex closes at new high; Infosys rallies 3%

Rediff.com4 Nov 2019

The broader NSE Nifty too advanced 50.70 points, or 0.43 per cent, to close at 11,941.30.

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.

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

Chinese dragon spooks markets, Sensex crashes 839 pts

Chinese dragon spooks markets, Sensex crashes 839 pts

Rediff.com31 Aug 2020

After rallying 543 points in the morning session and touching the 40,000-mark, the BSE Sensex surrendered all gains to close at 38,628.29, showing a loss of 839.02 points or 2.13 per cent. Similarly, the NSE Nifty tanked 260.10 points or 2.23 per cent to end at 11,387.50.

FDI during Apr-Dec 2018-19 falls 7% to $33.49 bn

FDI during Apr-Dec 2018-19 falls 7% to $33.49 bn

Rediff.com20 Feb 2019

The key sectors that received the maximum foreign investment during the nine months of the fiscal include services, computer software and hardware, telecommunications, chemicals, and the automobile industry.

India's ban on apps not beneficial to anyone: China

India's ban on apps not beneficial to anyone: China

Rediff.com3 Sep 2020

India on Wednesday banned 118 more mobile apps with Chinese links, including the popular game PUBG, citing data privacy concerns and a threat to national security, taking the total count of Chinese-linked mobile apps banned by New Delhi to 224.

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.

Japan PM may cancel India trip amid protests in Assam

Japan PM may cancel India trip amid protests in Assam

Rediff.com13 Dec 2019

Shinzo Abe is planning to come to Guwahati for annual summit talks with his Modi from December 15-17.

FM to meet all bank heads on Monday to discuss NBFC crisis

FM to meet all bank heads on Monday to discuss NBFC crisis

Rediff.com3 Aug 2019

Credit to priority sectors as well as small and medium industries will be discussed to find ways to accelerate economic growth.

'You cannot kill trade'

'You cannot kill trade'

Rediff.com7 Oct 2020

'When you oppose a policy, you are labelled anti-government.' 'The problem is, the policymakers have never done any business in their lives.'

UPI breached 2 billion transactions 3 months in a row

UPI breached 2 billion transactions 3 months in a row

Rediff.com12 Jan 2021

Surge in UPI transactions is because of an increased consumer interest in making bill payments and recharging mobile phones online, and purchase of non-essential goods on e-commerce platforms.

'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."

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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).

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.

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.

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.

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.