News for 'State for Commerce and Industry'

Don't use onion: B'desh PM told her cook post export ban

Don't use onion: B'desh PM told her cook post export ban

Rediff.com4 Oct 2019

The Bangladeshi prime minister said that India's sudden decision to stop onion exports has led to a bit of difficulty for her countrymen.

'The Modi government has given farmers freedom'

'The Modi government has given farmers freedom'

Rediff.com22 Sep 2020

'The farm bills will not bring in corporate zamindari'

How India can change its 'job taker' tag in the US

How India can change its 'job taker' tag in the US

Rediff.com11 Jan 2011

India's top IT companies need to open new facilities in the United States to create more employment opportunities for locals and to change the perception that they were job-takers, a leading US business forum representative has said.

India created 300,000 jobs in US

India created 300,000 jobs in US

Rediff.com19 Jun 2009

"Indian foreign direct investment in the US is more than America's FDI in India."

Soldiers' rights more important than those of terrorists: MoS

Soldiers' rights more important than those of terrorists: MoS

Rediff.com23 Aug 2019

Singh said the nation and the society as a whole are gradually getting conditioned to look at things in the eye instead of getting confused by duplicities.

Lockdown 3.0: What's open and what's closed

Lockdown 3.0: What's open and what's closed

Rediff.com1 May 2020

The Centre has announced an extension for two more weeks in the nationwide lockdown. However, several relaxations will be allowed as per zones.

Raheja Corp to sensitise people on SEZ merits

Raheja Corp to sensitise people on SEZ merits

Rediff.com21 Aug 2008

Raheja's IT SEZ planned at Verna industrial estate had faced stern opposition from the locals and the state government even after it was notified by the Union commerce ministry's board of approval. The state government has written to the Union commerce ministry seeking to denotify Raheja's SEZ along with two others.

Future Retail gets relief from Delhi HC in RIL case

Future Retail gets relief from Delhi HC in RIL case

Rediff.com8 Feb 2021

Future Retail Ltd (FRL) on Monday said the Delhi high court has ruled that statutory authorities cannot be restrained from acting in accordance with law and stayed a previous order on status quo of its Rs 24,713 crore deal with Reliance. Updating stock exchanges about the court ruling, FRL said a Division Bench comprising Chief Justice D N Patel and Justice Jyoti Singh has stayed the operation and effect of order passed by single Judge J R Midha on February 2. "...inter alia, for the prima facie reason that the company is not a party to the Shareholders Agreement dated August 22, 2019 executed between Amazon, Future Coupons Private Limited and the Promoters of FRL, under which arbitration was initiated by Amazon in Singapore," FRL said.

Tying the Indo-US trade knot

Tying the Indo-US trade knot

Rediff.com25 Nov 2010

A trade agreement between the two nations would have to factor in US' concerns about IPRs and India's anxiety about market access.

Don't gag large projects, environ minister told

Don't gag large projects, environ minister told

Rediff.com23 Aug 2011

Union Commerce and Industry Minister Anand Sharma has protested, on behalf of the corporate sector, against the Union environment and forests ministry's 'unreasonable environment regulations' being clamped on the industrial projects.

India targets $50 billion FDI from 2012

India targets $50 billion FDI from 2012

Rediff.com19 Nov 2009

India's commerce and industry minister Anand Sharma said that from 2012 the country would be able to attract 50 billion dollars annually.

Did Modi Inspire This Grammy Win?

Did Modi Inspire This Grammy Win?

Rediff.com28 Apr 2022

'Now, no one can stop me from making music till the day I die.'

#Notebandi: GDP may sink to 5%, warns Montek

#Notebandi: GDP may sink to 5%, warns Montek

Rediff.com6 Jan 2017

He said that land, a state subject, was a big destination of black money while reform in political funding was also important

PM Modi to address nation on Tuesday, last day of 3-week lockdown

PM Modi to address nation on Tuesday, last day of 3-week lockdown

Rediff.com13 Apr 2020

The prime minister is likely to talk about its possible extension.

Economist Rajiv Kumar named as new VC of NITI Aayog

Economist Rajiv Kumar named as new VC of NITI Aayog

Rediff.com6 Aug 2017

The government also appointed Dr Vinod Paul, a pediatrician at the AIIMS, as a member of the NITI Aayog

Who is benefitting from India's Free Trade Agreements?

Who is benefitting from India's Free Trade Agreements?

Rediff.com30 Sep 2019

Among the current FTAs with significant trade deficits for India, five are with countries from the 10-nation Asean bloc. Exports to the 10 economies stood at $ 37.4 billion in 2018-19, up by 9% year on year. On the other hand, imports were higher at $ 59.31 billion, up by 25% from the previous year's $ 47.13 billion.

As govt gives WEF a miss, corporate honchos will represent India

As govt gives WEF a miss, corporate honchos will represent India

Rediff.com22 Jan 2019

The WEF meeting is crucial because of its theme encompassing globalisation at the time of rising nationalism and trade war, and the fourth industrial revolution due to rapid strides being made in robotics and artificial intelligence.

Defence and foreign policy, not trade, on agenda for 2+2 dialogue

Defence and foreign policy, not trade, on agenda for 2+2 dialogue

Rediff.com5 Sep 2018

The issues around trade gaps, especially around steel and aluminium tariffs imposed by the US, will be addressed separately.

India within striking distance of attaining positive growth: RBI

India within striking distance of attaining positive growth: RBI

Rediff.com21 Jan 2021

India's GDP is within the striking distance of attaining positive growth, the Reserve Bank said observing that the letter "V" in the V-shaped recovery stands for vaccine. The Indian government launched the world's biggest vaccination drive on January 16 to protect people from COVID-19. "What will 2021 look like? The shape of the recovery will be V-shaped after all and the 'V' stands for vaccine," said an article on the 'state of economy' in the RBI's January Bulletin. India has launched the biggest vaccination drive in the world, backed by its comparative advantage of having the largest vaccine manufacturing capacity in the world and a rich experience of mass inoculation drives against polio and measles.

Modi may expand ministry

Modi may expand ministry

Rediff.com4 Nov 2019

The reshuffle could take place before the start of the winter session of Parliament.

Govt rules out fresh PSB merger proposal

Govt rules out fresh PSB merger proposal

Rediff.com3 Aug 2021

Experts attribute the lower target to increased allocation under the credit guarantee scheme for small businesses. Out of the Rs 3.21 trillion worth loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) in the last financial year, Rs 3.12 trillion were disbursed to entrepreneurs, according to official data.

Ratan Tata honoured for 'epitomising unity, peace'

Ratan Tata honoured for 'epitomising unity, peace'

Rediff.com22 Dec 2020

Veteran industrialist Ratan Tata was conferred the title of "Global Visionary of Sustainable Business and Peace" by the Federation of Indo-Israel Chambers of Commerce (FIICC) for epitomising "unity, peace and sustainability". "Ratan Tata's support toward Israel has been unstinted. His commitment to put India on the global map with dignity and respect has been noted by each and everyone. "A man respected by the business communities of all the three countries - India, Israel and UAE - he epitomises unity, peace and sustainability," the president of the bilateral chamber, Gul Kripalani, said.

US imposes sweeping new sanctions on Iran

US imposes sweeping new sanctions on Iran

Rediff.com22 Sep 2020

'Today, I am taking new actions to restrict Iran's nuclear, ballistic missile, and conventional weapons pursuits. My Administration will never allow Iran to have a nuclear weapon, nor will we allow Iran to endanger the rest of the world with a fresh supply of ballistic missiles and conventional arms,' Trump said in a statement.

Amazon's new Hyderabad campus is its largest in the world

Amazon's new Hyderabad campus is its largest in the world

Rediff.com22 Aug 2019

Amazon's single largest building is also the single largest building in Hyderabad city. Spread over 9.5 acres, this multi-storied building comprises of 290 conference rooms, casual and collaborative work spaces that will house 15,000 employees, along with private areas, interfaith prayer rooms, mothers room, quiet rooms, showers, unisex rest rooms and a huge cafeteria besides a helipad on the building roof.

Who will be Mukesh Ambani's successor at Reliance?

Who will be Mukesh Ambani's successor at Reliance?

Rediff.com28 Dec 2021

Richest Indian Mukesh Ambani on Tuesday mentioned about leadership transition at his energy-to-retail conglomerate, saying he wants the process to be accelerated with seniors, including him, yielding to the younger generation. Ambani, 64, who has previously not spoken about succession plans at the country's most valuable company, said Reliance is "now in the process of effecting a momentous leadership transition." Ambani has three children -- twins Akash and Isha, and Anant.

Piyush Goyal's agenda at Japan G20 meet

Piyush Goyal's agenda at Japan G20 meet

Rediff.com6 Jun 2019

The meet will see Goyal batting for structural reforms at the WTO, where India has repeatedly called for reforms, especially in the dispute resolution mechanism that has effectively been held hostage by the US.

Around 55% land bank of SEZs in Tamil Nadu lying vacant

Around 55% land bank of SEZs in Tamil Nadu lying vacant

Rediff.com10 Dec 2014

Around 55 per cent of land in the 36 operational special economic zones (SEZs) in Tamil Nadu is lying vacant owing to various reasons, including the recent economic slowdown.

Modi's message in portfolios for new ministers

Modi's message in portfolios for new ministers

Rediff.com1 Jun 2019

He dropped those perceived to be non-performers or whose integrity came into question, and also where it was felt they needed to learn a lesson or two in humility.

FDI inflows in manufacturing rose by 45% between Oct-Feb

FDI inflows in manufacturing rose by 45% between Oct-Feb

Rediff.com29 Apr 2015

FDI inflows in the manufacturing sector rose by almost 45 per cent between October last year and this February.

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.

WBPCC chief criticises Amit Mitra's remarks against Tata

WBPCC chief criticises Amit Mitra's remarks against Tata

Rediff.com9 Aug 2014

West Bengal Pradesh Congress Committee President Adhir Ranjan Chowdhury on Saturday criticised the statements of West Bengal ministers against Ratan Tata, and said Tata's views and opinions about the development of the state would always be welcomed by the people of Bengal.

307 SEZ developers get more time to execute projects

307 SEZ developers get more time to execute projects

Rediff.com26 Nov 2012

Developers have sought extension due to reasons such as adverse business climate, slowdown, and delay in approval and environmental clearances.

Key Bush administration official to visit India

Key Bush administration official to visit India

Rediff.com9 Feb 2007

During his two-day visit, Gutierrez will meet his counterpart Commerce and Industry Minister Kamal Nath, senior Indian officials and business leaders.

India woos S'pore for Delhi-Mumbai corridor

India woos S'pore for Delhi-Mumbai corridor

Rediff.com12 May 2010

The project is aimed at developing an industrial zone spanning six Indian states.

Why exports keep missing ministry target

Why exports keep missing ministry target

Rediff.com24 Apr 2019

A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.

RCEP can be particularly beneficial for India, says report

RCEP can be particularly beneficial for India, says report

Rediff.com31 Oct 2019

The report by the High Level Advisory Group said India stands to benefit even more when the US and China are locked in a global trade war.

India-China trade to touch USD 100 bn in 4 yrs: Assocham

India-China trade to touch USD 100 bn in 4 yrs: Assocham

Rediff.com7 Nov 2011

As per the Associated Chambers of Commerce and Industry of India, the two Asian giants can emerge as world's largest trading partners by 2030.

'Serious Oxygen crisis' in Delhi hospitals; have stock for 8-12 hrs

'Serious Oxygen crisis' in Delhi hospitals; have stock for 8-12 hrs

Rediff.com20 Apr 2021

Chief Minister Arvind Kejriwal urged the Centre to provide medical oxygen to Delhi.

Govt gets its act together as Korean investments threatened

Govt gets its act together as Korean investments threatened

Rediff.com4 Apr 2014

The government is believed to be working on a strategy to resolve the matter related to Wednesday's Supreme Court order asking Samsung Electronics Chairman Lee Kun-hee to appear within six weeks before the Ghaziabad trial court in a pending payment case.

Punjab lockdown extended till May 17, with certain relaxations

Punjab lockdown extended till May 17, with certain relaxations

Rediff.com29 Apr 2020

Based on the report of the expert committee set up to formulate the state's lockdown exit strategy and the inputs received from various sections of the society, the chief minister said it was necessary to continue with the lockdown restrictions for some more time.