News for 'commerce department'

Microsoft keen to get bigger pie in payments bank segment

Microsoft keen to get bigger pie in payments bank segment

Rediff.com2 May 2016

Last year, the software giant launched a cloud adoption programme for SMBs.

Investors not keen on SEZs; 57 to surrender zones

Investors not keen on SEZs; 57 to surrender zones

Rediff.com10 Feb 2015

The board would take a decision on these applications on February 20.

India to soon finalise Doha round work programme

India to soon finalise Doha round work programme

Rediff.com9 Apr 2015

The Doha negotiations has been virtually stalled since July 2008.

Ringing Bells to face action if fails to deliver Rs 251 phone

Ringing Bells to face action if fails to deliver Rs 251 phone

Rediff.com23 Feb 2016

Ringing Bells has said the manufacturing cost of the phone is about Rs 2,500.

National summit on financial services at GIFT City

National summit on financial services at GIFT City

Rediff.com19 Feb 2014

Gujarat Chief Minister Narendra Modi was the Chief Guest at the event.

PNB sitting on CVC plea for nod to prosecute 9 staffers

PNB sitting on CVC plea for nod to prosecute 9 staffers

Rediff.com20 Feb 2018

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.

CAG reveals irregular tax exemptions to cricket associations

CAG reveals irregular tax exemptions to cricket associations

Rediff.com13 Dec 2013

The Income-tax Department has allowed irregular exemptions on TV rights from BCCI to four cricket associations resulting in non-levy of tax to the tune of Rs 37.23 crore, the Comptroller and Auditor General (CAG) said on Friday.

'Small traders lost Rs 4-5 lakh crores in lockdown'

'Small traders lost Rs 4-5 lakh crores in lockdown'

Rediff.com7 Oct 2020

'You have come out with a package for the kisan.' 'You have a package for industry.' 'But has anyone addressed the issues concerning small traders?'

Delhi University's admissions to Master's courses

Delhi University's admissions to Master's courses

Rediff.com9 Oct 2009

University of Delhi's Department of Commerce invites applications for admission to two full-time two-year professional programmes.

Celebrities can face 5-year jail, fine for misleading ads

Celebrities can face 5-year jail, fine for misleading ads

Rediff.com29 Aug 2016

The ministry has proposed similar penalty and jail term for adulteration, besides license suspension and cancellation

Industries in rural areas allowed to operate from April 20

Industries in rural areas allowed to operate from April 20

Rediff.com15 Apr 2020

Fresh guidelines issued by the Union home ministry on Wednesday permit industries operating in rural areas to run from April 30 with strict social distancing norms.

Govt mulls 100 per cent FDI in defence

Govt mulls 100 per cent FDI in defence

Rediff.com29 Apr 2010

The government is considering a proposal to allow 100 per cent foreign direct investment into the country's defence sector, despite stiff opposition from the defence ministry that has raised security concerns.

Govt to release 6 discussion papers on FDI in May

Govt to release 6 discussion papers on FDI in May

Rediff.com26 Apr 2010

One of the papers could be on liberalising the foreign direct investment regime in the retail sector.

Manufacturing arrives, 9% growth soon: Govt

Manufacturing arrives, 9% growth soon: Govt

Rediff.com1 Dec 2009

The economy clocked a robust 7.9 per cent growth in the second quarter, catapulted by a stimulus packages-powered strong industrial growth. And, manufacturing grew by 9.2 per cent against 5.1 per cent in the year-ago quarter.

Javadekar's hard work pays off, elevated to Cabinet rank

Javadekar's hard work pays off, elevated to Cabinet rank

Rediff.com5 Jul 2016

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.

PE funding likely to shrink if founders have the last word

PE funding likely to shrink if founders have the last word

Rediff.com1 Aug 2018

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.

Shrimp exporters hopeful on US anti-dumping review

Shrimp exporters hopeful on US anti-dumping review

Rediff.com11 Feb 2010

This review will examine the details of import of shrimp to the US between February 1, 2009 and January 31, 2010.

Education fair in Delhi

Education fair in Delhi

Rediff.com18 May 2009

The Ministry of HRD, government of India, Department of Science & Technology, government of India and The Associated Chambers of Commerce and Industry of India present the Fifth Education Fair: International Exhibition and Seminar.

Patent office to hire 500 this year

Patent office to hire 500 this year

Rediff.com26 Apr 2010

Sources said the people would be hired at different levels, including application examiners.

Govt gets its act together as Korean investments threatened

Govt gets its act together as Korean investments threatened

Rediff.com4 Apr 2014

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.

'Rupee below 62 against dollar for long is a cause for concern'

'Rupee below 62 against dollar for long is a cause for concern'

Rediff.com16 Dec 2014

Forex dealers said besides continued demand for the American currency from importers, increased capital outflows by foreign funds kept pressure on the rupee.

Sops for drug exporters avoiding Europe

Sops for drug exporters avoiding Europe

Rediff.com25 Nov 2009

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.

Govt to promote India as investment destination for startups

Govt to promote India as investment destination for startups

Rediff.com15 Mar 2016

The campaign will be launched in global as well as domestic markets across the media.

India: No access to 11 of 16 US dual tech regimes

India: No access to 11 of 16 US dual tech regimes

Rediff.com23 Nov 2009

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.

Govt clears Wipro proposal to set up SEZ in Andhra

Govt clears Wipro proposal to set up SEZ in Andhra

Rediff.com30 Sep 2014

The decision regarding this was taken by the Board of Approval in its meeting on September 18.

Retail sector may see 100% FDI

Retail sector may see 100% FDI

Rediff.com17 May 2005

Inter-ministerial talks on new FTP soon

Inter-ministerial talks on new FTP soon

Rediff.com27 May 2009

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.

US economy nearly stalls in Q1 as energy prices bite

US economy nearly stalls in Q1 as energy prices bite

Rediff.com29 Apr 2015

U.S. economic growth braked more sharply than expected in the first quarter.

Corporate espionage: More officials may be involved in leaks, say CBI sources

Corporate espionage: More officials may be involved in leaks, say CBI sources

Rediff.com13 Mar 2015

Probe reveals "first and second" level of decision making in ministries of finance and commerce was "compromised".

Why boycott calls against China, India's largest trade partner, will fail

Why boycott calls against China, India's largest trade partner, will fail

Rediff.com19 Oct 2016

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.

No. of Indians visiting US will grow by 42% in 2015

No. of Indians visiting US will grow by 42% in 2015

Rediff.com2 Jun 2015

China with 163% projected growth is expected to lead globally.

Sibal launches mobile phones made by domestic players

Sibal launches mobile phones made by domestic players

Rediff.com5 Dec 2013

Handset firms Karbonn and Lava International launched their smartphones, while Maxx Mobiles introduced its feature phone targetted at the rural market.

Flipkart sale under ED lens

Flipkart sale under ED lens

Rediff.com15 Oct 2014

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.

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.

Govt not to reduce FDI cap in existing pharma companies

Govt not to reduce FDI cap in existing pharma companies

Rediff.com29 Nov 2013

Currently, 100 per cent FDI is permitted in brownfield pharma firms through clearance from the Foreign Investment Promotion Board.

Now, DEA questions Press Notes 2 & 4

Now, DEA questions Press Notes 2 & 4

Rediff.com17 Jun 2009

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.

US Senate panel confirms Ken Juster as envoy to India

US Senate panel confirms Ken Juster as envoy to India

Rediff.com27 Oct 2017

Juster played a key role in the landmark Indo-US civil nuclear deal.

Govt to sell-off 10% stake in MMTC

Govt to sell-off 10% stake in MMTC

Rediff.com30 Sep 2009

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.

'Make in India will have to be worked on'

'Make in India will have to be worked on'

Rediff.com17 May 2017

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.