News for 'commerce department'

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.

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.

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.

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.

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.

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 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.

'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.

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

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.

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.

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.

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.

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.

'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.

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.

China rules out India's NSG entry without specific plan

China rules out India's NSG entry without specific plan

Rediff.com21 Jun 2019

China, while blocking India's entry into the NSG previously, has called for a two-step plan that stipulates the need for the NSG members to arrive at a set of principles for the entry non-NPT states and then move forward discussions of specific cases.

American firms eye Indian nuclear pie

American firms eye Indian nuclear pie

Rediff.com25 Nov 2008

With billions of dollars in military technology agreements likely to be made with the United States-India nuclear deal going through, there's an excited buzz among American companies.

What I learned from failure: Lessons from a co-founder

What I learned from failure: Lessons from a co-founder

Rediff.com6 Aug 2018

It's important to learn from failure, and just show up the next day, and the next, till you've got it right, says Radhika Ghai, co-founder, ShopClues

India, UK to increase bilateral trade

India, UK to increase bilateral trade

Rediff.com18 Jun 2004

India and Britain have decided to give a fresh impetus to increase bilateral trade which crossed over 5 billion pounds last year.

Indian cement cos to be tech-savvy soon

Indian cement cos to be tech-savvy soon

Rediff.com28 Nov 2007

The Indian government has asked the cement industry to concentrate on modernisation and upgradation of technology, optimisation of operations and increased application of automation and information technology.

Rohit Nandan to continue as Air India CMD for one month

Rohit Nandan to continue as Air India CMD for one month

Rediff.com21 Aug 2015

Rohit Nandan will continue to work as Chairman and Managing Director (CMD) of national carrier Air India for one month or till Ashwani Lohani takes over from him.

After US giants, SMEs make pitch in India

After US giants, SMEs make pitch in India

Rediff.com11 Nov 2009

The US department of commerce's first Aerospace Supplier Development Trade Mission to India is currently on a five-day trip to the country. The mission has 11 aerospace companies, many of which are suppliers to Tier-I and Tier-II aerospace companies in US and different parts of the world.

After Trump snub, US increases defence ties with India

After Trump snub, US increases defence ties with India

Rediff.com7 Jun 2019

'The US and India continue to use their deepening relationship to build new partnerships within and beyond the Indo-Pacific.'

Menon to brief NSG troika ahead of Vienna meet

Menon to brief NSG troika ahead of Vienna meet

Rediff.com20 Aug 2008

On the eve of the Nuclear Suppliers Group's extraordinary plenary meeting to decide on nuclear commerce with India, Foreign Secretary Shiv Shankar Menon will brief the current chair Germany and two other key members of the 45-nation NSG.

Tata to hike wages despite meltdown

Tata to hike wages despite meltdown

Rediff.com19 May 2009

Speaking on the sidelines of an HR conference organised by the Indian Chamber of Commerce, S Tambe, vice president, human resources & corporate administration, TML said, "There are companies that haven't given a raise this year but we are definitely looking at giving increments this year."

Startups get tax breather upto Rs 10 cr investment

Startups get tax breather upto Rs 10 cr investment

Rediff.com12 Apr 2018

Giving major relief to budding entrepreneurs, the government on Thursday allowed startups to avail tax concession only if total investment including funding from angel investors does not exceed Rs 10 crore.

Govt creates 'Japan Plus' to fast track Japanese investments

Govt creates 'Japan Plus' to fast track Japanese investments

Rediff.com10 Oct 2014

The commitment by Japan to invest $35 billion or 3.5 trillion YEN is for infrastructure sector over five years.