News for 'commerce department'

Will BJP benefit from Trinamool leader's arrest for Sandeshkhali?

Will BJP benefit from Trinamool leader's arrest for Sandeshkhali?

Rediff.com14 Mar 2024

Whether the age-old cry of kendrer banchana will be able to drown out pangs of Sandeshkhali, the EVM will tell.

US census bureau to report same-sex couples

US census bureau to report same-sex couples

Rediff.com4 Aug 2009

In a major policy reversal the US Commerce Department has officially announced that the US Census Bureau would report married same-sex couples in the 2010 census.

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.

40-year-old fintech gurus need 60-year-olds to handhold them

40-year-old fintech gurus need 60-year-olds to handhold them

Rediff.com19 Mar 2024

The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.

'Is it usual for a store to be empty at 6 pm?'

'Is it usual for a store to be empty at 6 pm?'

Rediff.com2 Jan 2024

'Due to rural stress, volumes continue to remain an issue for the industry, and we are yet to see any revival in demand.'

'We are not worried what Modiji says about Muslims'

'We are not worried what Modiji says about Muslims'

Rediff.com18 May 2024

While political experts claim that the Modi Magic is missing in the 2024 general election, the common people in the street -- at least those in the crowd on Thursday -- vow that they will vote for Modi and the candidate who contests the election doesn't matter much.

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).

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.

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.

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.

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.

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

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.

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.

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.

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

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.

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.

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.

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

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.

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

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.

$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 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.

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

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.

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.

Economy shows stress marks

Economy shows stress marks

Rediff.com13 Jan 2005

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.

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.

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.

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.

'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 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