News for 'Ministry of Commerce'

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.

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.

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.

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.

Global crisis: 200 SEZ developers seek more time

Global crisis: 200 SEZ developers seek more time

Rediff.com3 Jan 2011

Reflecting lack of enthusiasm about the SEZs, 20 more promoters have sought additional time from the government for implementing their projects, taking the number of developers seeking extension to over 200.

Doing business in India gets a bit easier

Doing business in India gets a bit easier

Rediff.com16 Feb 2015

An online system generates import-export code.

We have simplified FDI rules to make India biz friendly, says FM

We have simplified FDI rules to make India biz friendly, says FM

Rediff.com16 Jul 2015

India is now a biz friendly nations, say Arun Jaitley.

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.

Sharma to make case for DEPB extension

Sharma to make case for DEPB extension

Rediff.com24 May 2011

Commerce and Industry Minister Anand Sharma will be meeting Finance Minister Pranab Mukherjee to make a case for the extension of one of the most popular incentives to exporters, the Duty Entitlement Passbook Scheme (DEPB), which is slated for expiry on June 30. DEPB is a duty reimbursement scheme, launched 14 years earlier.

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

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.

DGFT denies blanket ban on food imports from Japan

DGFT denies blanket ban on food imports from Japan

Rediff.com8 Apr 2011

The Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry denied having imposed any blanket ban on the import of food products from Japan even as it has imposed some strict measures.

FinMin against relaxing 30% domestic sourcing norms for Apple

FinMin against relaxing 30% domestic sourcing norms for Apple

Rediff.com25 May 2016

Single-brand retailers are also allowed to take e-commerce route for such trading.

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.'

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.

Sops to SEZs will continue: Sharma

Sops to SEZs will continue: Sharma

Rediff.com4 Dec 2009

Batting for the worried SEZ developers who fear withdrawal of incentives in the new direct tax code, Commerce and Industry Minister Anand Sharma on Friday said his ministry would ensure that the sops continue.

Rupee hits 2-week low at 67.02 on devaluation reports

Rupee hits 2-week low at 67.02 on devaluation reports

Rediff.com15 Sep 2016

This is its lowest level since August 30

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.

Minister pitches for exporters' tax breaks

Minister pitches for exporters' tax breaks

Rediff.com5 Jun 2009

In its recommendations to the finance ministry, the commerce ministry has made a strong case for helping exports, particularly in the labour-intensive sectors like leather, textile and handicrafts.

Minister voices concern on US immigration bill

Minister voices concern on US immigration bill

Rediff.com29 Oct 2013

According to government statistics, Indian IT firms support 280,000 jobs in the US and have contributed about $15 billion to the US Treasury in the past five years.

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.

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Rediff.com3 Sep 2017

In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.

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.

Govt must decide on DEPB's future

Govt must decide on DEPB's future

Rediff.com21 Feb 2011

Government should make it clear as to whether the Duty Entitlement Passbook scheme will continue beyond June.

Arun Jaitley: The minister who loved a good meal and good gossip

Arun Jaitley: The minister who loved a good meal and good gossip

Rediff.com25 Aug 2019

In the Modi government, he was the mentor -- he groomed half a dozen of those who became ministers. Some remembered, others did not -- Jaitley seemed to care little. Aditi Phadnis reports.

Gold imports dip 7% in Apr-Nov to $20.57 bn

Gold imports dip 7% in Apr-Nov to $20.57 bn

Rediff.com2 Jan 2020

The decline in gold imports has helped in narrowing the country's trade deficit to $106.84 billion during the eight-month period under review as against $133.74 billion in the year-ago months.

Govt may impose anti-dumping duty on Chinese calculators

Govt may impose anti-dumping duty on Chinese calculators

Rediff.com3 May 2015

Calculators have been exported to India from China below the normal value

Hydroxychloroquine exports only to foreign govts, not pvt cos

Hydroxychloroquine exports only to foreign govts, not pvt cos

Rediff.com10 Apr 2020

India will export anti-malarial drug hydroxychloroquine, high in demand globally, only to foreign governments and not to private companies, as the product is under prohibited or banned category of exports, sources said. Although exports of this medicine is completely banned, India has decided to export this anti-malarial drug in sync with its global commitment to deal with the coronavirus pandemic.

Lessons from China to boost India's telecom sector

Lessons from China to boost India's telecom sector

Rediff.com5 Aug 2014

The bulk of this money will, however, be spent on buying imported equipment, mainly from Europe and China.

'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?'

Major tax cut for UP's 'mom and pop' stores

Major tax cut for UP's 'mom and pop' stores

Rediff.com17 Jul 2019

The purpose, behind slashing property tax on small commercial establishments by 70%, was to allow growth of small shops in residential areas, so that people do not have to travel long distances for their daily needs.

Andhra tops 'ease of doing business' ranking of states

Andhra tops 'ease of doing business' ranking of states

Rediff.com5 Sep 2020

Registering a jump of 10 places in the rankings, Uttar Pradesh occupied the second position in 2019 as against 12th in 2018.

Coronavirus impact: Tourist inflow to India drops by 30%

Coronavirus impact: Tourist inflow to India drops by 30%

Rediff.com12 Mar 2020

India has announced suspension of all tourist visas till April 15 in a bid to contain the spread of the virus.

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.

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.

'Economy is touching pre-Covid levels'

'Economy is touching pre-Covid levels'

Rediff.com11 Nov 2020

'It is entering growth territory on a month-on-month basis.'

Eight infrastructure sectors record 4.7% growth in April

Eight infrastructure sectors record 4.7% growth in April

Rediff.com31 May 2018

Coal, natural gas, refinery products and cement grew by 16 per cent, 7 .4 per cent, 2.7 per cent, and 16 .6 per cent in April this year, respectively.

Farmer agitation 'infiltrated by Leftists, Maoists': Goyal

Farmer agitation 'infiltrated by Leftists, Maoists': Goyal

Rediff.com12 Dec 2020

"We now realise that the so-called farmer agitation hardly remains a farmers' agitation. It has almost got infiltrated by Leftist and Maoist elements, a flavour of which we saw over the last two days when there were extraneous demands to release people who have been put behind bars for anti-national (and) who have been put behind bars for illegal activities," Goyal, the Minister for Railways, Commerce and Industry and Food and Consumers Affairs, said at FICCI's annual meeting.

Exports up 10.29% in Aug; trade deficit widens to $11.64 bn

Exports up 10.29% in Aug; trade deficit widens to $11.64 bn

Rediff.com15 Sep 2017

Cumulative exports during April-August of 2017-18 rose by 8.57 per cent to $118.57 billion