News for 'commerce department'

Commerce Ministry seeks approval for railway FDI proposal

Commerce Ministry seeks approval for railway FDI proposal

Rediff.com13 Mar 2014

The Cabinet can take a decision on the matter only after the Election Commission's approval.

Modi's 5-year vision: What's it all about

Modi's 5-year vision: What's it all about

Rediff.com13 Jan 2020

Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.

Amazon sets the pace for e-commerce in India

Amazon sets the pace for e-commerce in India

Rediff.com27 May 2016

Flipkart and Snapdeal take a cue from Amazon even as they differ on who is ahead in the race

Biden imposes new sanctions on Russia for annexing Ukrainian regions

Biden imposes new sanctions on Russia for annexing Ukrainian regions

Rediff.com1 Oct 2022

Meanwhile, US President Joe Biden condemned Russia's annexation of Ukrainian territory on Friday.

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

Pharma export body suspends Marion Biotech for no reply on syrup deaths

Pharma export body suspends Marion Biotech for no reply on syrup deaths

Rediff.com30 Dec 2022

The drug maker will lose some incentives if its membership is suspended, sources in Pharmexcil said.

Foxconn unit in talks for $200 million components plant in Tamil Nadu

Foxconn unit in talks for $200 million components plant in Tamil Nadu

Rediff.com28 Jul 2023

Taiwan-based Hon Hai Technology Group, the subsidiary of Foxconn Industrial Internet (Fii), is in talks with the Tamil Nadu government to invest around $200 million to set up an electronic components unit in the state. According to a Reuters report, FII, which makes communication, mobile network and cloud computing equipment, has shared the plan with the Tamil Nadu state officials. Business Standard had reported last week that Fii's chief executive officer (CEO) Brand Cheng met Tamil Nadu Chief Minister M K Stalin and Minister for Industries, Investment Promotion and Commerce TRB Rajaa.

Swiggy, Zomato and others get 15 days to submit complaint redressal plan

Swiggy, Zomato and others get 15 days to submit complaint redressal plan

Rediff.com13 Jun 2022

The government on Monday asked online food business operators like Swiggy and Zomato to submit a proposal within 15 days on improving their consumer grievance redressal mechanism amid rising complaints from customers. The department of consumer affairs directed e-commerce FBOs "to transparently show consumers the breakup of all charges included in the order amount such as delivery charges, packaging charges, taxes, surge pricing etc." According to an official statement, "The Department of Consumer Affairs has directed major e-commerce Food Business Operators (FBOs) to furnish the current framework as well as a proposal on improving the consumer grievance redressal mechanism within 15 days."

Commerce ministry weeds out 24,338 files during June-July

Commerce ministry weeds out 24,338 files during June-July

Rediff.com24 Aug 2014

The ministry, according to sources, held three special drives during June-July for weeding out and indexing of old files and records

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.

Corporate spying: CBI arrests commerce ministry employee

Corporate spying: CBI arrests commerce ministry employee

Rediff.com16 Mar 2015

CBI has also summoned a senior official of Reliance Industries Limited and a noted chartered accountant.

Telangana: A hotspot for e-commerce, retail and aviation companies

Telangana: A hotspot for e-commerce, retail and aviation companies

Rediff.com9 Oct 2015

Riding on e-commerce wave is the youngest state, which faces competition from neighbours.

India's deep discounts on Russian crude will stay

India's deep discounts on Russian crude will stay

Rediff.com6 Dec 2022

Even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5, India has been assured it will continue to receive the existing deep discounts on Russian oil, for the time being, informed officials. "We have been assured by our Russian partners of uninterrupted crude supplies at the existing rates for the time being. "There were a lot of reports of changes in (India's) buying patterns after the global price cap took hold.

Average tomato prices in Delhi drop to Rs 150 per kg

Average tomato prices in Delhi drop to Rs 150 per kg

Rediff.com17 Jul 2023

Tomato prices in the retail markets of the national capital declined to an average Rs 150 per kg on Monday from Rs 178 per kg on Sunday, according to the government data. However, e-commerce players such as Amazon, Big Basket and Otipy are selling tomatoes at Rs 170-190 per kg in Delhi-NCR. Blinkit is selling at Rs 138 per kg. The Centre is selling tomatoes at a subsidised rate of Rs 80 per kg in Delhi-NCR and some other cities through the National Cooperative Consumers' Federation of India (NCCF) and the National Agricultural Cooperative Marketing Federation of India (NAFED).

US team to visit India: shrimp probe

US team to visit India: shrimp probe

Rediff.com22 Jun 2004

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.

Centre seeks info from embassy on Iran's bar on rice, tea imports

Centre seeks info from embassy on Iran's bar on rice, tea imports

Rediff.com8 Dec 2022

The department of commerce has urged the agriculture ministry as well as the diplomatic mission in Tehran to apprise it of details as to why Iranian buyers have stopped import of rice and tea from India, a senior government official said. Exporters said that exports of items such as high quality tea and rice have stopped since last week. As of now, there has been no confirmation from the authorities and the response from the embassy in Tehran is also taking time, they said.

After US ban Israel distances itself from Pegasus-maker NSO

After US ban Israel distances itself from Pegasus-maker NSO

Rediff.com8 Nov 2021

"NSO is a private company, it is not a governmental project and therefore even if it is designated, it has nothing to do with the policies of the Israeli government," Israel's Foreign Minister, Yair Lapid, said at a joint press conference with Prime Minister Naftali Bennett and Finance Minister Avigdor Lieberman at the Prime Minister's Office on Saturday evening.

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

Jaitley meets US commerce secretary, bats for H-1B

Jaitley meets US commerce secretary, bats for H-1B

Rediff.com21 Apr 2017

Taking up the case of Indian IT companies and professionals, Jaitley told Ross about the contribution of highly-skilled Indians in the economic development of the United States and India and stressed that they should continue to do so, which is in the best interest of the two countries, officials said.

Russia offers oil at even cheaper rates to India

Russia offers oil at even cheaper rates to India

Rediff.com12 Sep 2022

"In principle, the ask in return is that India should not support the G7 (Group of Seven) proposal. "A decision on this issue will be taken later following talks with all the partners," an official with the Ministry of External Affairs (MEA) said.These "substantial discounts" will be steeper than those offered by Iraq in the past two months, officials said.

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.'

$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.

Commerce minister: 'There is no panic'

Commerce minister: 'There is no panic'

Rediff.com20 Nov 2016

'People are willing to face temporary inconvenience as they are determined to support PM Modi's crackdown on black money,' Commerce Minister Nirmala Sitharaman tells Archis Mohan.

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.

No consensus on plastic recycling units in SEZs

No consensus on plastic recycling units in SEZs

Rediff.com12 Oct 2010

The government has failed to reach a consensus on the issue of setting up plastic reprocessing units in special economic zones and is likely to defer its decision once again in the meeting of the Board of Approval on October 21.

SEZs tax issue hangs fire

SEZs tax issue hangs fire

Rediff.com16 Oct 2003

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Rediff.com25 Sep 2022

Kumar, a 1992-batch Indian Administrative Service officer of Tamil Nadu cadre, is currently an additional secretary in the ministry of electronics and Information Technology.

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.

Mamata removes Partha Chatterjee from cabinet, all TMC posts

Mamata removes Partha Chatterjee from cabinet, all TMC posts

Rediff.com28 Jul 2022

The ED had arrested Chatterjee, who is also the Trinamool Congress secretary-general, on July 23 in connection with its investigation into alleged irregularities in the recruitment drives by the School Service Commission.

'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.

FTA not at the cost of domestic manufacturing: Govt

FTA not at the cost of domestic manufacturing: Govt

Rediff.com27 Oct 2011

"It will be ensured that such agreements (free trade agreements) do not have a detrimental effect on domestic manufacturing in India," according to the National Manufacturing Policy (NMP), cleared by the Union Cabinet on October 25.

Budget may be a dry affair for exporters

Budget may be a dry affair for exporters

Rediff.com13 Mar 2012

Officials have stated the finance ministry is also contemplating doing away with some of the key export promotion schemes, to check revenue leakage -- such as the advance licence scheme and export promotion capital goods scheme.

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.

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.

Nath seeks view on FDI in retail

Nath seeks view on FDI in retail

Rediff.com9 Feb 2005

India, US to reduce trade barriers

India, US to reduce trade barriers

Rediff.com20 Nov 2004

India and the US have discussed "practical steps" to reduce the barriers to bilateral high technology trade while enhancing security of such trade.