News for 'Ministry of Commerce'

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.

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.

Clarification sought on profits from SEZ units

Clarification sought on profits from SEZ units

Rediff.com20 Feb 2008

Commerce Ministry has sought clarification from Finance Ministry over calculation of profits from SEZ units.

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.'

India, Germany to set up hotline for biz visa

India, Germany to set up hotline for biz visa

Rediff.com8 Oct 2010

In a move aimed at enhancing the bilateral economic ties, India and Germany will set up a hotline facility for speedy resolution of business visa related issues.

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.

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.

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.

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.

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

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.

Allow foreign brokers in comexes: DIPP

Allow foreign brokers in comexes: DIPP

Rediff.com17 Feb 2010

DIPP's proposal is believed to have the support of the ministry of consumer affairs, food and public distribution and was originally mooted by the Forward Markets Commission.

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.

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.

'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?'

TMC MP Saugata Roy resigns as Mamata's adviser

TMC MP Saugata Roy resigns as Mamata's adviser

Rediff.com7 Mar 2013

Trinamool Congress Member of Parliament Saugata Roy has resigned as adviser to the West Bengal government's Commerce, Industries and IT Ministry over alleged differences with Chief Minister Mamata Banerjee.

L&T approaches govt to surrender SEZ

L&T approaches govt to surrender SEZ

Rediff.com7 Mar 2013

Four developers, including L&T Chennai Projects and Welspun Anjar, have approached the Commerce Ministry to surrender their IT and textile zones respectively.

Govt may soon ban FDI in cigarette manufacturing

Govt may soon ban FDI in cigarette manufacturing

Rediff.com22 Mar 2010

Currently, 100 per cent FDI in is permitted if the companies manufacture cigars or cigarettes or allied products.

DEPB rate hike to be reviewed

DEPB rate hike to be reviewed

Rediff.com28 Aug 2007

The finance ministry had strongly opposed the hike announced by the commerce ministry.

Goyal focuses on exports, industry growth

Goyal focuses on exports, industry growth

Rediff.com8 Jun 2019

Work on a dozen decisions to start by next week.

GDP is expected to pick up in Q3, says CEA Subramanian

GDP is expected to pick up in Q3, says CEA Subramanian

Rediff.com29 Nov 2019

Department of Economic Affairs secretary Atanu Chakraborty said that equity capital flows have been positive this year.

'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.'

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