News for 'Ministry of Commerce'

Aarogya Setu tops charts with 75 million downloads

Aarogya Setu tops charts with 75 million downloads

Rediff.com25 Apr 2020

The exponential number of downloads can be attributed to a call by Prime Minister Narendra Modi, asking people to have the app on their mobiles, combined with the government's push for downloading of the app through other channels, reports Neha Alawadhi.

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.

CBDT probes 50 IRS officers for suggesting to tax super-rich

CBDT probes 50 IRS officers for suggesting to tax super-rich

Rediff.com26 Apr 2020

In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.

'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."

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

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.

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.

Budget may open window for big-ticket foreign investments

Budget may open window for big-ticket foreign investments

Rediff.com26 Jan 2021

The Centre plans to create a special window for strategically important investors such as sovereign wealth funds and pension funds that wish to invest over Rs 3,000 crore through a single transaction.

SC gets 9 new judges, including 3 women

SC gets 9 new judges, including 3 women

Rediff.com26 Aug 2021

The new judges of the top court include Justice B V Nagarathna, who will be in line to be the first woman Chief Justice of India (CJI) in September 2027, Justice Bela M Trivedi, Justice Hima Kohli, Justice C T Ravikumar, Justice M M Sundresh, and senior advocate and former Additional Solicitor General P S Narasimha.

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.

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.

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.

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.

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.

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.

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.

China protests US ban on TikTok, WeChat; warns counter measures

China protests US ban on TikTok, WeChat; warns counter measures

Rediff.com19 Sep 2020

The US on Friday issued orders to ban popular Chinese social media apps TikTok and WeChat from Sunday to safeguard national security, weeks after India banned them, saying they were prejudicial to sovereignty, integrity and security of the country.

Exports rise 5.37% in Jan; trade deficit narrows to $14.75 bn

Exports rise 5.37% in Jan; trade deficit narrows to $14.75 bn

Rediff.com2 Feb 2021

The country's exports grew 5.37 per cent year-on-year to $27.24 billion in January 2021, mainly driven by healthy growth in pharma and engineering sectors, according to provisional data of the commerce ministry. Trade deficit during the month narrowed to $14.75 billion from $15.3 billion in January 2020. It was $15.44 billion in December 2020. Imports in January 2021 rose 2 per cent to $42 billion.

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.

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.

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.

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.

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.

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.

Tatas top bidder for Air India, but no govt nod yet

Tatas top bidder for Air India, but no govt nod yet

Rediff.com1 Oct 2021

Tata Sons has emerged as the top bidder for the takeover of debt-laden State-run airline Air India but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah, sources said.

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.

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.

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