News for 'commerce department'

Unlock 5: Central govt allows multiplexes to open

Unlock 5: Central govt allows multiplexes to open

Rediff.com30 Sep 2020

State and UT governments have been given the flexibility to take a decision on re-opening of schools and coaching institutions after October 15 in a graded manner.

DoT calls advisory group meet on net neutrality on April 27

DoT calls advisory group meet on net neutrality on April 27

Rediff.com23 Apr 2015

MAG was constituted by Department of Electronics and IT in February 2014.

India feels the heat in WTO solar dispute with US

India feels the heat in WTO solar dispute with US

Rediff.com8 Jul 2015

The WTO dispute panel had its last hearing in early May.

National IPR Policy to be delayed further

National IPR Policy to be delayed further

Rediff.com28 May 2015

The draft is now with ministries.

Govt may cut excise duty on petrol, diesel soon

Govt may cut excise duty on petrol, diesel soon

Rediff.com10 May 2018

India is the second largest buyer of Iranian crude, after China.

Ex-Doordarshan anchor on track to join Obama admn

Ex-Doordarshan anchor on track to join Obama admn

Rediff.com6 Feb 2010

The senate banking committee and commerce committee approved Kumar's nomination, which was buoyed by a rousing introduction of Kumar by Senator Robert Menendez of New Jersey, where Kumar has resided since 1993, and it's now the full senate that has got to vote on his nomination, and sources said he could be in place in his job at commerce by late this month or early March.

FDI rules fail to dampen online discount spirit

FDI rules fail to dampen online discount spirit

Rediff.com2 Apr 2016

Prominent e-commerce marketplace players include Amazon.in, Flipkart, Snapdeal, Paytm, Shopclues and Jabong

Don't want to talk to Xi right now: Trump

Don't want to talk to Xi right now: Trump

Rediff.com16 May 2020

White House Press Secretary Kayleigh McEnany told reporters that US President Trump is frustrated with China.

TMC MP Saugata Roy resigns as Mamata's adviser

TMC MP Saugata Roy resigns as Mamata's adviser

Rediff.com7 Mar 2013

Trinamool Congress Member of Parliament Saugata Roy has resigned as adviser to the West Bengal government's Commerce, Industries and IT Ministry over alleged differences with Chief Minister Mamata Banerjee.

Trump signs executive orders banning TikTok, Wechat

Trump signs executive orders banning TikTok, Wechat

Rediff.com7 Aug 2020

Trump said the spread in the United States of mobile applications developed and owned by the companies in China continues to threaten the national security, foreign policy, and economy of the country.

Why inflation pain could get worse

Why inflation pain could get worse

Rediff.com14 Jun 2021

As India looks to mend its Covid-battered economy, one thing that will grab the attention of all concerned is the path that both wholesale and retail inflation will follow. Even the Reserve Bank of India in its latest policy statement said, "Going forward, the inflation trajectory is likely to be shaped by uncertainties impinging on the upside and the downside.

Anand Sharma or Kamal Nath? United Nations not sure!

Anand Sharma or Kamal Nath? United Nations not sure!

Rediff.com11 Jul 2013

The United Nations Media Department on Thursday made a faux pas when it identified Commerce and Industry Minister Anand Sharma as his Cabinet colleague Kamal Nath.

Govt officials are grumbling over foreign travel memo

Govt officials are grumbling over foreign travel memo

Rediff.com17 Aug 2016

Many argue there's a mismatch between Prime Minister Narendra Modi's focus on international exposure and his government's diktat to officials on limiting travel.

DIPP bats for FDI curbs in pharma

DIPP bats for FDI curbs in pharma

Rediff.com9 Feb 2011

The commerce ministry has sought a review of foreign direct investment policy in the pharmaceutical sector, in the light of recent takeovers of domestic companies by multinationals.

Nokia union seeks Centre's help to save roughly 6,000 jobs

Nokia union seeks Centre's help to save roughly 6,000 jobs

Rediff.com21 Oct 2014

Union Commerce Minister Nirmala Sitharaman said she will pursue the matter with the finance ministry

Obama's Visit: What India Inc expects

Obama's Visit: What India Inc expects

Rediff.com4 Nov 2010

'You have to explain to them about Indian investments in the US creating jobs this reverse outsourcing'

Aditya Birla group to take over Reebok's India operations

Aditya Birla group to take over Reebok's India operations

Rediff.com14 Dec 2021

In a major expansion into sportswear and lifestyle wear segment, the Kumar Mangalam Birla-led Aditya Birla Fashion & Retail has signed a long-term licensing agreement with Authentic Brand Group of New York, which has the marketing and branding rights of Reebok, to run the operations of the global sportswear, athletic and lifestyle major in the country and ASEAN markets. The new agreement between the largest domestic multi-brand fashion retailer and Authentic Brand is an extension of their existing relationship as ABFRL already markets and sells some ABG brands like Forever 21. The agreement follows the global transfer of ownership of the Reebok brand from Adidas to ABG, which is expected to close in the first quarter of 2022.

'Business in India? Risks, uncertainties are substantial'

'Business in India? Risks, uncertainties are substantial'

Rediff.com13 May 2016

The company has pointed at the possibility of fines and financial penalties.

Edtech: What Parents Need To Know

Edtech: What Parents Need To Know

Rediff.com15 Jan 2022

'Why is the government asking parents to be careful rather than coming up with strict rules and regulations for the companies?'

A Last Christmas for Santha Bakery

A Last Christmas for Santha Bakery

Rediff.com27 Oct 2022

December 2022 could be the last Christmas for Santha Bakery, a business drawing its lineage from the first Christmas cake baked in Kerala.

Nepal testing Maggi noodles imported from India: officials

Nepal testing Maggi noodles imported from India: officials

Rediff.com4 Jun 2015

Nepal is testing Nestle's Maggi noodles imported from India for lead content and may impose a ban on the popular instant snack if the level of toxic chemical is found to be above permissible limit, officials said.

Amazon's $500m retail food project to be cleared soon

Amazon's $500m retail food project to be cleared soon

Rediff.com13 Jun 2017

With the abolition of the Foreign Investment Promotion Board (FIPB), Amazon's proposal will now be vetted by the Department of Industrial Policy and Promotion (DIPP) under the commerce ministry.

Govt considers de-notification rules for SEZs

Govt considers de-notification rules for SEZs

Rediff.com9 Jun 2009

However, the ministry of law opined that though there is no specific provision in the SEZ Act and Rules, the power to notify includes power to de-notify also, sources said. Industry experts said that the SEZs which are finding it difficult to continue should be allowed to quit.

Retail's technology therapy to counter 'Amazon Effect'

Retail's technology therapy to counter 'Amazon Effect'

Rediff.com4 Jun 2018

With expectations of customers changing and demand for seamless, uninterrupted shopping increasing, tech companies are now using this fear of becoming irrelevant as a sales pitch to sell their products to traditional retailers.

Maha govt will try not to implement farm bills: NCP, Cong

Maha govt will try not to implement farm bills: NCP, Cong

Rediff.com25 Sep 2020

Deputy Chief Minister and NCP leader Ajit Pawar said farmers as well as the NCP and other parties are opposed to the new bills. "Farmers think that the laws are not beneficial for them. There was no hurry (to pass them)," he said.

US economy grew at 3.5% in Q3

US economy grew at 3.5% in Q3

Rediff.com26 Oct 2018

Real consumer spending grew four per cent at an annual rate in the third quarter, substantially up from the 2.6 per cent pace during the preceding four quarters

Data on India's burgeoning farm exports is not correct

Data on India's burgeoning farm exports is not correct

Rediff.com17 Nov 2020

A closer look at the data reveals that a lot of the items are not part of this calculation. The notable ones include buffalo meat, marine exports, raw cotton, and plantation crops such as tea, coffee, rubber, etc.

US visa fees: India keen to consult WTO

US visa fees: India keen to consult WTO

Rediff.com9 May 2012

India proposes to take the US to WTO against the latter's visa fee hike, which discriminates Indian software companies from American firms.

65,500 jobs lost between Aug-Oct: Min

65,500 jobs lost between Aug-Oct: Min

Rediff.com15 Dec 2008

A sample study conducted for the period August-October 2008 by department of commerce for 121 export related companies also revealed loss in export orders to the tune of Rs 1792 crore (Rs 17.92 billion), he said during Question Hour in Lok Sabha.

Meet Adityanath's deputies

Meet Adityanath's deputies

Rediff.com18 Mar 2017

Like Modi, Keshav Prasad Maurya worked at tea stalls. Dinesh Sharma, on the other hand, is a professor at Lucknow university.

Amit Shah to head ministerial panel on Air India sale

Amit Shah to head ministerial panel on Air India sale

Rediff.com18 Jul 2019

While Road Transport Minister Nitin Gadkari has been dropped, the panel now has four ministers - Shah, Finance Minister Nirmala Sitharaman, Commerce and Railway Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri.

Indian fashion chains bet big amid online retail growth

Indian fashion chains bet big amid online retail growth

Rediff.com24 Feb 2017

Shoppers Stop is looking to open four new stores this year and plans to invest Rs 120 crore.

India gets $19.78 bn FDI from nations Modi visited

India gets $19.78 bn FDI from nations Modi visited

Rediff.com5 Aug 2015

Total outflow and inflow of foreign investment in general for 2014-15 fiscal was $6.42 bn and $75.71 bn, respectively

Day 23: Protesting farmers install more tents as temp drops to 3C

Day 23: Protesting farmers install more tents as temp drops to 3C

Rediff.com18 Dec 2020

Farmers' protest against the three farm laws passed by the Centre has entered its 23rd day on Friday. "We are preparing ourselves for a longer stay as our fight against black laws will continue. It's getting colder, so we're putting more tents," said a protester.

Exports may dip 5.8%, imports by 11.3% in H2 of 2020-21: Survey

Exports may dip 5.8%, imports by 11.3% in H2 of 2020-21: Survey

Rediff.com29 Jan 2021

The country's exports are expected to contract by 5.8 per cent and imports by 11.3 per cent during the second half of the current financial year, though implementation of several measures by the government would help support exports going forward, according to the Economic Survey 2021. With gradual recovery of economic activities, the survey said that imports and exports have picked up. During the first half of 2020-21 (April-September), exports dipped by 21.31 per cent to $125.25 billion while imports declined by 40 per cent to $148.69 billion.

Taxation issues in the $16 bn Walmart-Flipkart deal under lens

Taxation issues in the $16 bn Walmart-Flipkart deal under lens

Rediff.com4 Dec 2018

As many as 44 shareholders of Flipkart sold their holdings to Walmart. The income tax law requires the buyer to withhold tax while making payment to the sellers, in case they are not exempted from levy of capital gains tax.

IIT placements: Rs 1 crore-plus annual packages for grads

IIT placements: Rs 1 crore-plus annual packages for grads

Rediff.com1 Dec 2017

IT, e-commerce firms to raise the bar in recruitment, packages.

GDP is expected to pick up in Q3, says CEA Subramanian

GDP is expected to pick up in Q3, says CEA Subramanian

Rediff.com29 Nov 2019

Department of Economic Affairs secretary Atanu Chakraborty said that equity capital flows have been positive this year.

Shops selling essentials to remain open 24x7 in Maha, Delhi, Goa

Shops selling essentials to remain open 24x7 in Maha, Delhi, Goa

Rediff.com27 Mar 2020

The decision was taken to prevent crowding at shops and marketplaces amid the lockdown to contain the coronaviruspandemic, a statement from Thackeray's office said.

2018's top 20 engineering colleges in India

2018's top 20 engineering colleges in India

Rediff.com4 Jun 2018

India Today's annual list ranks the top 100 colleges in the country.