The Department of Pharmaceuticals has submitted a freight subsidy scheme for exporters to the Commerce Ministry so that they could take alternate routes and avoid transit through Europe, which is a shorter route with better connectivity.
Lifting of restrictions on these dual use technologies is one of the major areas of focus of Prime Minister Manmohan Singh when he meets US President Barack Obama at the White House on Tuesday.
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.
Rashtriya Janata Dal's Manoj Jha saw the move as an attempt to have a 'committed bureaucracy'.
It has been a turnaround for Javadekar, who was earlier stripped of the charge of two key departments of Information and Broadcasting and Parliamentary Affairs as a minister of state.
The CVC is awaiting sanction to prosecute nine employees of PNB and 2 other banks who were booked by the CBI for their alleged involvement in corruption.
While the directorate general of foreign trade has completed consultations with the industry and exporters, it will start interacting with the different ministries like agriculture, finance, micro, small and medium Enterprises, steel and environment. Revenue department in the finance ministry holds the key for extending benefits to exporters who are facing the brunt of recession in several major economies.
U.S. economic growth braked more sharply than expected in the first quarter.
Forex dealers said besides continued demand for the American currency from importers, increased capital outflows by foreign funds kept pressure on the rupee.
The decision regarding this was taken by the Board of Approval in its meeting on September 18.
He alleged that the people of Madhya Pradesh were 'befooled' by the saffron party as there was no council of ministers or a health or home minister in place in the state amid the crisis due to the coronavirus outbreak.
'Don't panic. Believe in yourself.' 'This is a preventable illness. Only you can prevent it.'
Financial details of the project, awarded by the department of industrial policy and promotion, were not disclosed. The eBiz Project announced on Tuesday is among the 27 central, state and integrated mission mode projects under the National e-Governance Plan of the Department of Information Technology. Under it, Infosys will also do training, workshops, promotion and awareness campaigns.
The campaign will be launched in global as well as domestic markets across the media.
For the second time since Press Note 2 and 4 were issued in February 2009, the Department of Economic Affairs in the finance ministry has raised questions on their implementation, this time over an application before the Foreign Investment Promotion Board.
Probe reveals "first and second" level of decision making in ministries of finance and commerce was "compromised".
Among food articles, vegetable prices surged by 69.69 per cent mainly on account of onion, which witnessed 455.83 per cent jump in prices, followed by potato at 44.97 per cent.
Handset firms Karbonn and Lava International launched their smartphones, while Maxx Mobiles introduced its feature phone targetted at the rural market.
'We need to confront such people else they will be encouraged to harass more women in the future,' notes HR guru Mayank Rautela.
According to sources, the directorate has sent a letter to Flipkart on the basis of complaints received after the Big Billion Day sale on October 6.
China with 163% projected growth is expected to lead globally.
The commerce ministry has consented to 10 per cent disinvestment in MMTC that can fetch the government Rs 17,000 crore (Rs 170 billion)at present valuation.
India and Britain have decided to give a fresh impetus to increase bilateral trade which crossed over 5 billion pounds last year.
Currently, 100 per cent FDI is permitted in brownfield pharma firms through clearance from the Foreign Investment Promotion Board.
Most of the unicorns or billion-dollar valuation firms including Flipkart, Paytm and Ola have had the maximum stakes owned by foreign funds. The founders of all these firms have either single digit stakes in their companies or in low double digits.
With billions of dollars in military technology agreements likely to be made with the United States-India nuclear deal going through, there's an excited buzz among American companies.
'I have many times bought meals for the accused, and the police pay for it.'
Apart from cotton, copper, petroleum and industrial machinery, India does not export much to China. This means that India buys six times the merchandise it sells to China, points out Abhishek Waghmare.
The Indian government has asked the cement industry to concentrate on modernisation and upgradation of technology, optimisation of operations and increased application of automation and information technology.
The US department of commerce's first Aerospace Supplier Development Trade Mission to India is currently on a five-day trip to the country. The mission has 11 aerospace companies, many of which are suppliers to Tier-I and Tier-II aerospace companies in US and different parts of the world.
On the eve of the Nuclear Suppliers Group's extraordinary plenary meeting to decide on nuclear commerce with India, Foreign Secretary Shiv Shankar Menon will brief the current chair Germany and two other key members of the 45-nation NSG.
'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.'
Speaking on the sidelines of an HR conference organised by the Indian Chamber of Commerce, S Tambe, vice president, human resources & corporate administration, TML said, "There are companies that haven't given a raise this year but we are definitely looking at giving increments this year."
In the run up to three years of the National Democratic Alliance government, Minister of State for Commerce and Industry (Independent Charge) Nirmala Sitharaman says it is time to consolidate some of the major initiatives as well as take new steps.
For the first time, the government is considering the merits of a tariff policy to contain prices that could include allowing external agencies to import commodities and cultivating some essential crops overseas. An inter-departmental team from the ministries of finance, food and consumer affairs and commerce has been asked to work out a strategy to this effect.The finance ministry's department of economic affairs has submitted its views and a final paper is under preparation
The zones will be required to register themselves with www.sezindia.nic.in. Currently, developers have to send SEZ-related applications to the Department of Commerce, after which the inter-ministerial Board of Approval (BoA), headed by Commerce Secretary Gopal K Pillai, takes a call on them.
The government is simplifying the procedure for filing tax deducted at source returns to assist taxpayers and mop up higher revenues.\n\n\n\n
The commitment by Japan to invest $35 billion or 3.5 trillion YEN is for infrastructure sector over five years.
