News for 'US commerce department'

ASK MAYANK: Can my son do his MBA without giving CAT?

ASK MAYANK: Can my son do his MBA without giving CAT?

Rediff.com5 May 2023

You can apply for online MBAs that won't require CAT scores, suggests rediffGURU Mayank Kumar.

Ram Vilas Paswan's Final Throw Of Dice

Ram Vilas Paswan's Final Throw Of Dice

Rediff.com29 Mar 2024

Ram Vilas Paswan was no fool. He knew very well about the ownership tussle going on beneath this veneer of congeniality. At all costs, he wanted to keep the lid on the family drama. He did not want it to come in the way of his son's coronation.

Microsoft gives ONDC its first Big Tech push

Microsoft gives ONDC its first Big Tech push

Rediff.com10 Aug 2022

Microsoft has become the first global Big Tech company to join the Open Network for Digital Commerce (ONDC), an Indian government initiative for developing a first-of-its-kind open network for digital commerce. The world's second-largest technology firm intends to introduce social e-commerce via its app in the Indian market later this year. ONDC is expected to open to the public in Bengaluru over the next fortnight as it enters into the next phase of the pilot for further fine-tuning before rollouts in other cities, according to a source in the know.

Govt tightens noose around e-tailers, 9 depts to monitor biz

Govt tightens noose around e-tailers, 9 depts to monitor biz

Rediff.com30 Jan 2015

Each dept could handle a designated area.

SEZs may get more service tax respite

SEZs may get more service tax respite

Rediff.com26 Oct 2007

Analysts point out that exporters outside SEZs enjoy Cenvat credit against service tax paid on a host of services subscribed to while engaging in export-related activities. In addition, the department of revenue recently permitted service tax exemption on seven services used by exporters.

LIC IPO: Govt to review & simplify FDI policy

LIC IPO: Govt to review & simplify FDI policy

Rediff.com7 Jan 2022

The government is working towards further review and simplification of the foreign direct investment (FDI) policy to facilitate the proposed initial public offering (IPO) of the Life Insurance Corporation (LIC), Department for Promotion of Industry and Internal Trade (DPIIT) secretary Anurag Jain said on Thursday. The final decision will be taken by the Cabinet. The industry department is working together with the finance ministry's department of financial services (DFS) and department of investment and public asset management (DIPAM) towards a successful listing of the life insurer on the domestic bourses, which is expected to be the largest in India.

Can India Create Multi Language AI Like Chat GPT?

Can India Create Multi Language AI Like Chat GPT?

Rediff.com8 Jan 2024

Creating an LLM trained on Indian languages is not easy. Experts say each language in India has a nuance of its own, so creating a ChatGPT-like product is an ambitious challenge.

Amazon fined for selling sub-standard pressure cookers

Amazon fined for selling sub-standard pressure cookers

Rediff.com4 Aug 2022

The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 1 lakh on e-commerce major Amazon for selling pressure cookers that did not meet quality standards. The CCPA also directed Amazon to notify the consumers of all these 2,265 pressure cookers sold through its platform, recall the products and reimburse the prices to buyers, the Department of Consumer Affairs said in a statement.

US accuses Indian companies of dumping resin

US accuses Indian companies of dumping resin

Rediff.com27 Oct 2004

The United States has accused several Indian companies, including industrial giant Reliance Industries, of "dumping" bottle-grade polyethylene terephthalate resin, used to manufacture bottles, sheet and strapping for the packaging industry, in Americ

$800/tonne minimum export price imposed on onion

$800/tonne minimum export price imposed on onion

Rediff.com28 Oct 2023

The government on Saturday imposed a minimum export price (MEP) of $800 per tonne on onion exports till December 31 this year with a view to increase availability of the vegetable in the domestic market and contain prices. The decision will come into effect from October 29. Besides, the government has also announced the procurement of additional 2 lakh tonnes of onion for the buffer, over and above the 5 lakh tonnes already procured.

US blacklists Huawei, places it on entity list

US blacklists Huawei, places it on entity list

Rediff.com16 May 2019

The Department of Commerce alleged that Huawei was engaged in activities that are contrary to US national security or foreign policy interest.

What Pranab Mukherjee thought about Rahul Gandhi

What Pranab Mukherjee thought about Rahul Gandhi

Rediff.com7 Dec 2023

'If Rahul couldn't persuade his colleagues without resorting to theatrics, then maybe politics wasn't his calling

Get well soon, Uncle Sam!

Get well soon, Uncle Sam!

Rediff.com2 Feb 2008

There is one malady for which Dr Bernanke may also have no prescrip

Marine exports to get a prop

Marine exports to get a prop

Rediff.com4 Apr 2005

Foreign liquor may soon be cheaper

Foreign liquor may soon be cheaper

Rediff.com17 Jan 2006

US industries want change in India's drug policy

US industries want change in India's drug policy

Rediff.com21 Apr 2003

India's drug policy of stringent price control regime is a major concern for United States industries because it creates obstacles to maintaining viable businesses in the country, according to a report by the United States Trade Representative.

Gaping holes in trade data

Gaping holes in trade data

Rediff.com25 Aug 2005

Himanta inducts 2 cabinet ministers, rejigs several seniors' portfolios

Himanta inducts 2 cabinet ministers, rejigs several seniors' portfolios

Rediff.com9 Jun 2022

The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.

Commerce minister plans to push the idea of co-working spaces

Commerce minister plans to push the idea of co-working spaces

Rediff.com20 Jun 2017

To tap into the growing demand for offices, several global and Indian co-working entities are creating stock in the top cities.

Govt draws plan to open audit sector

Govt draws plan to open audit sector

Rediff.com30 May 2005

Govt may curtail steel, ore exports

Govt may curtail steel, ore exports

Rediff.com26 Feb 2004

Gujarat, Karnataka are best states for start-ups

Gujarat, Karnataka are best states for start-ups

Rediff.com4 Jul 2022

Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.

'Absolutely believe it was a success': US on G20 Summit in Delhi

'Absolutely believe it was a success': US on G20 Summit in Delhi

Rediff.com12 Sep 2023

The US hails the landmark 'India-Middle East-Europe Economic Corridor' which will usher in a new era of connectivity from Europe to Asia and will stimulate economic growth across the two continents.

US slaps tax on Indian shrimps

US slaps tax on Indian shrimps

Rediff.com30 Jul 2004

United States has imposed taxes ranging between 3.56 and 27.49 per cent on shrimp imports from India in the second phase of a probe into the petition alleging "dumping" at low prices.

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

India-US trade zooms in 2002

India-US trade zooms in 2002

Rediff.com5 Mar 2003

Exports from India to the United States has risen by 21.4 per cent in 2002 to $11.82 billion, the highest in past decade, the US Commerce department said.

After revoking MFN status, India mulls suspending trade with Pak

After revoking MFN status, India mulls suspending trade with Pak

Rediff.com16 Feb 2019

While India does not figure in the top 10 export destinations for Pakistani goods, it serves as a crucial channel for select goods such as leather hides and cheaper variants of fertilisers that are generally procured by importers at short notice.

Economy shows stress marks

Economy shows stress marks

Rediff.com13 Jan 2005

Draft ecommerce policy to ensure goods sold online meet standards

Draft ecommerce policy to ensure goods sold online meet standards

Rediff.com15 Mar 2021

Conformity assessment procedures will be put in place to verify that goods and services sold on e-commerce platforms meet required standards and technical regulations, according to the draft e-commerce policy. The policy, which is under discussion, also stated that actions and things which cannot be done by the online platform entities "can also not be done" by any of its associates and related parties. Government may, from time to time, notify parties which fall in the definition of associates and related parties, it said.

'Many Indian unicorns have set up businesses in Dubai'

'Many Indian unicorns have set up businesses in Dubai'

Rediff.com16 Sep 2023

'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'

Truckers' stir turns violent in Rajasthan; fuel rush across many states

Truckers' stir turns violent in Rajasthan; fuel rush across many states

Rediff.com2 Jan 2024

Petrol pumps in many cities witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers against a provision in the new penal law on hit-and-run accident cases involving motorists.

Can BJP Wrest Mahakoshal From Congress?

Can BJP Wrest Mahakoshal From Congress?

Rediff.com16 Nov 2023

Modi and Chouhan have visited Mahakoshal multiple times and reached out to tribals to shore up support for the BJP.

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.

Deadline for public comments on draft e-com rules extended till July 21

Deadline for public comments on draft e-com rules extended till July 21

Rediff.com5 Jul 2021

The government on Monday extended till July 21 the deadline for public comments on proposed amendments to the Consumer Protection (e-commerce) Rules, 2020. Earlier, the last date for public comments on the draft e-commerce rules was July 6. "It has now been decided to extend the timeline for receipt of comments/ suggestions on the draft e-commerce rules. "Views/ comments/ suggestions on the proposed amendments may be sent by July 21, 2021," a government notice said.

US had $1.7 billion trade deficit with India in March

US had $1.7 billion trade deficit with India in March

Rediff.com9 May 2016

Balance with the United Kingdom shifted from a deficit of $0.5 billion to a surplus of $0.5 billion in March

IT + cheap labour = Indian solution

IT + cheap labour = Indian solution

Rediff.com4 Feb 2005

This combination of IT and low Indian logistical costs enables stores in the chain to minimise loss of business through 'stock out'.

Soaring veggie prices stoke inflation fears

Soaring veggie prices stoke inflation fears

Rediff.com12 Jul 2023

Unprecedented rains and floods in the northern region in the past few days have not only caused extensive damage to lives and property but have also impacted business and commercial establishments. Vegetable prices have gone through the roof in the national capital and many other parts of the country since rains started pouring earlier this month. Traders say vegetable prices would come down only after roads open and skies clear, even as water in the fields will take time to recede.

India likely to get a booster on crude oil and trade fronts

India likely to get a booster on crude oil and trade fronts

Rediff.com15 Jul 2015

With Iran reaching an agreement on its nuclear programme, India is expected to be one of the major gainers.

Udaan lays off about 180 employees in a move to drive cost-efficiency

Udaan lays off about 180 employees in a move to drive cost-efficiency

Rediff.com29 Jun 2022

Udaan - India's largest business-to-business (B2B) e-commerce company - has laid off about 180 employees, or 4-5 per cent of its workforce of 4,000, in a move to drive cost efficiency, revealed sources. They said the layoffs have happened across various department functions. The layoffs have happened at a time when the Bengaluru-based firm is trying to turn into a publicly listed entity in 18-24 months.