News for 'Union Commerce'

SKM to hold 15 more farmers' conclave ahead of Feb 26 Delhi march

SKM to hold 15 more farmers' conclave ahead of Feb 26 Delhi march

Rediff.com24 Dec 2023

According to the Morcha, the demands which Delhi Chalo has been called include: MSP should be guaranteed as per C2+50 percent formula and, as promised, a law should be made to guarantee it; all the farmers should be made debt free, and all agricultural loan must be waived.

Posco seeks extension of in-principle nod for its SEZ

Posco seeks extension of in-principle nod for its SEZ

Rediff.com20 Oct 2012

The multi-product SEZ will bring in more than Rs 2.11 lakh crore of net foreign exchange in 30 years.

Meet The Ladies At Budget Session

Meet The Ladies At Budget Session

Rediff.com2 Feb 2023

Glimpses of lady MPs as the nation's lady finance minister presents the Budget for the next financial year on Wednesday, February 1, 2023.

In a new practice, Sengol procession escorts President to Parliament

In a new practice, Sengol procession escorts President to Parliament

Rediff.com31 Jan 2024

President Murmu reached the new Parliament building in a six-horse buggy accompanied by the Presidential Bodyguards riding horses.

E-com start-up Dukaan lays off 90% staff for AI bot

E-com start-up Dukaan lays off 90% staff for AI bot

Rediff.com11 Jul 2023

E-commerce startup Dukaan has replaced 90 per cent of its customer support team with an artificial intelligence (AI) chatbot, founder and CEO Suumit Shah informed on Tuesday. Attributing the decision to prioritising profitability, he said customer support costs reduced by 85 per cent while resolution time went down from over two hours to three minutes. "We had to lay off 90 per cent of our support team because of this AI chatbot. Tough? Yes. Necessary? Absolutely," Shah tweeted.

Lithium reserves found in Jammu and Kashmir put on bidding block

Lithium reserves found in Jammu and Kashmir put on bidding block

Rediff.com3 May 2023

The central government is expected to complete the auction of the 5.9-million tonne (mt) lithium reserves discovered in the Reasi district of the northern Union Territory (UT) of Jammu & Kashmir (J&K) by the end of this calendar year, Union Mines Secretary Vivek Bharadwaj said on the sidelines of the launch of the Federation of Indian Chambers of Commerce and Industry (Ficci) report on 'New-Age Energy Minerals' on Tuesday. "Auction will be over by the end of this year," said Bharadwaj, adding, "We have already recommended a transaction advisor to the J&K government for the auction of lithium reserves." However, the exact timeline for an auction will be decided by J&K authorities, Union mines minister Pralhad Joshi said in Parliament last month.

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

Govt keen on Indo-Pak tea trade

Govt keen on Indo-Pak tea trade

Rediff.com27 Sep 2003

Union commerce ministry will make efforts to remove hurdles at the Indo-Pakistan border in the way of tea trade, a top government official said in Coonoor on Saturday.

Delivery man falls from 3rd floor while fleeing dog; owner booked

Delivery man falls from 3rd floor while fleeing dog; owner booked

Rediff.com22 May 2023

The incident took place in an apartment at Manikonda on Sunday when the delivery executive, aged 30, went there to deliver a mattress and the dog started barking at the customer's door, which was reportedly partly open, they said.

Trade through Nathu La to begin on June 30

Trade through Nathu La to begin on June 30

Rediff.com13 Jun 2006

The long awaited-resumption of border trade between India and China through the Nathu La pass in Sikkim has been finally set for June 30.

BIS mandatory for 135 items

BIS mandatory for 135 items

Rediff.com6 Feb 2003

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Wipro has big plans for Kolkata

Wipro has big plans for Kolkata

Rediff.com11 Jan 2005

IT major Wipro has proposed to establish a software economic zone in Kolkata, according to a top government official.

Quality Control Orders: What does this mean for domestic industry?

Quality Control Orders: What does this mean for domestic industry?

Rediff.com25 Apr 2024

From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.

'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.

SAARC nations moot trade forum like European Union

SAARC nations moot trade forum like European Union

Rediff.com27 Nov 2014

In a phased and planned manner the countries will go for Free Trade Areas, a Customs Union, a Common Market, and a Common Economic and Monetary Union.

India to advocate for food security, WTO reforms at upcoming Geneva meeting

India to advocate for food security, WTO reforms at upcoming Geneva meeting

Rediff.com19 Oct 2023

Commerce secretary Sunil Barthwal is set to attend a two-day meeting from October 23 at the World Trade Organization (WTO) headquarters in Geneva, that would focus on finding solutions and giving the 'necessary political push' for at least some crucial global trade issues. Next week's meeting comes ahead of the WTO's 13th ministerial conference (MC13), scheduled in Abu Dhabi in February 2024. It will see participation of senior government officials from all WTO member nations.

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

Exports dip 10.3% in May; trade deficit at 5-month high

Exports dip 10.3% in May; trade deficit at 5-month high

Rediff.com15 Jun 2023

Exports declined for the fourth-consecutive month by 10.3 per cent year-on-year to $34.98 billion in May, while the trade deficit widened to a five-month high of $22.12 billion. According to the data released by the commerce ministry on Thursday, key export sectors recording negative growth include petroleum products, gems and jewellery, engineering goods, ready-made garments of all textiles and chemicals. Imports also declined 6.6 per cent, six-month in a row, to $57.1 billion against $61.13 billion in the same month last year, the data showed.

India less affected by recession: Sharma

India less affected by recession: Sharma

Rediff.com19 Jun 2009

Union Commerce and Industry Minister Anand Sharma said that India has been less affected by the current global economic crisis due to the economy's strong fundamentals.

India may address South Korea's concerns on Posco

India may address South Korea's concerns on Posco

Rediff.com28 Oct 2010

Billed as India's biggest foreign direct investment, the Posco project has been delayed by more than five years.

ASEAN FTA:  Good or bad for Indian farmers?

ASEAN FTA: Good or bad for Indian farmers?

Rediff.com26 Aug 2009

This accord marks the success of India's Look East Policy and is the first with a trading bloc.

ASEAN FTA:  Good or bad for Indian farmers?

ASEAN FTA: Good or bad for Indian farmers?

Rediff.com26 Aug 2009

This accord marks the success of India's Look East Policy and is the first with a trading bloc.

How Foreign Trade Policy will help boost exports

How Foreign Trade Policy will help boost exports

Rediff.com26 Aug 2009

The policy aims at developing export potential, improving export performance, boosting foreign trade and earning valuable foreign exchange.

Centre to recruit private sector experts in key posts across 12 ministries

Centre to recruit private sector experts in key posts across 12 ministries

Rediff.com16 May 2023

The department of personnel and training has asked the Union Public Service Commission to recruit such specialists through "lateral entry" mode in 12 government departments/ministries, he said.

India may move WTO to protest drug seizures

India may move WTO to protest drug seizures

Rediff.com4 Aug 2009

The government is planning to approach the dispute settlement body of the World Trade Organization against frequent seizure of Indian medicines at various European ports.

Govt considering Ikea plan for 100% FDI in retail

Govt considering Ikea plan for 100% FDI in retail

Rediff.com28 Oct 2010

The $31-billion company, which sources around 30 per cent of its global consumption from India, had also criticised the Indian government for not opening foreign direct investment in single brand retailing.

'Protectionism would deepen recession'

'Protectionism would deepen recession'

Rediff.com19 Jun 2009

Union Commerce and Industry Minister Anand Sharma has warned countries trying to introduce protectionist measures that this would not only be counter-productive, but also deepen the recession and delay recovery.

G K Pillai takes over as Union Home Secretary

G K Pillai takes over as Union Home Secretary

Rediff.com30 Jun 2009

Former commerce secretary Gopal Krishna Pillai on Tuesday took over as the new Union Home Secretary after the superannuation of Madhukar Gupta.

Karnataka bandh: 44 flights cancelled; train, bus services hit

Karnataka bandh: 44 flights cancelled; train, bus services hit

Rediff.com29 Sep 2023

As many as 44 flights to and from the Kempegowda International Airport in Bengaluru were cancelled owing to the Karnataka bandh over the Cauvery water sharing issue with Tamil Nadu, airport authorities said.

Wayanad May Not Be A Breeze For Rahul

Wayanad May Not Be A Breeze For Rahul

Rediff.com16 Apr 2024

Wayanad will continue to support Rahul but not to the same extent as in 2019, when his margin of victory had been enormous. Articulate, to the point and speaking in fluent Malayalam, CPI's Annie Raja, had the people who gathered to see her, listening in rapt attention, notes Shyam G Menon.

Export preparedness: Tamil Nadu takes top spot, Gujarat slips to 4th

Export preparedness: Tamil Nadu takes top spot, Gujarat slips to 4th

Rediff.com18 Jul 2023

After topping it for two consecutive years, Gujarat slipped three places on the NITI Aayog's Export Preparedness Index (EPI) for 2022, as Tamil Nadu emerged as the most export-ready state, the central think tank said in its report released on Monday. In a continuing trend, coastal states were found to have the most robust export infrastructure, which officials attributed to the integration of maritime trade into the core of their economies. Maharashtra and Karnataka retained their positions -- second and third, respectively; Haryana was ranked first among landlocked states and fifth overall.

October trade deficit widens to $9.7 billion

October trade deficit widens to $9.7 billion

Rediff.com16 Nov 2010

The country's trade deficit widened yet again, to $9.7 billion (Rs 43,500 crore) in October, compared to $9.12 billion in the earlier month. Also, after a span of three to four years, merchandise exports have surpassed the growth rate of imports in the same month.

Infy bags e-biz govt contract

Infy bags e-biz govt contract

Rediff.com22 Jul 2009

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.

SEZ: Goa govt unhappy over BoA stand

SEZ: Goa govt unhappy over BoA stand

Rediff.com4 Jun 2009

The Board of approval had given more time for Raheja's to develop their project in the state. The project is one amongst the three SEZs recommended to be denotified by the state government. Goa's Rajya Sabha member Shantaram Naik said he would meet new Union Commerce ministry Anand Sharma and brief him on the issue.

Mango ban: India threatens to drag European Union to WTO

Mango ban: India threatens to drag European Union to WTO

Rediff.com2 May 2014

Talking tough, India on Friday threatened to drag the European Union to the World Trade Organization if the 28-nation bloc did not lift its ban on the import of Indian mangoes and vegetables.

Maran's condition suffers setback

Maran's condition suffers setback

Rediff.com22 Jan 2003

The condition of Union Commerce Minister Murasoli Maran, undergoing treatment in a hospital in the United States, has suffered a "set back".