The government has decided to set up a joint venture company with industry body Ficci for encouraging investment in the country."The Invest India company, a joint venture between the department of industrial policy and promotion and Ficci, would be funded by the government and managed by the chamber," commerce and industry Minister Kamal Nath said
Departments of electronics, excise, I-T launch probe into Rs 251 smartphones
E-commerce model appears to be the best bet available to US retail giants at this point to tap the Indian market.
She said Finance Minister Arun Jaitley is working "hard" on the Bankruptcy Code
Businesses that are engaged in both taxable and non-GST supply have re-structured themselves into separate entities to avoid elaborate compliance, says Sudipto Dey.
Coming out strongly in defence of foreign direct investment in retail, the ministry of commerce and industry has told the Prime Minister's Office that there is no empirical evidence to suggest that organised retail would adversely impact small retail
According to Sanjeev Chopra, secretary of the horticulture and food processing department of West Bengal, steps were being taken so that exporters from the state could sell overseas at least 1 per cent of the total state produce through the AEZs.
In a move that is being seen as a snub to Walmart, Commerce and Industry Minister Anand Sharma on Thursday cancelled a meeting with US retail giant's Asia head Scott Price.
Exports are slowing and economic growth in major markets for Indian goods has taken a hit.
Megatech Engineering & Services Pvt. Ltd. and three of its senior officials -- Ajay Ahuja, Ravi Shettigar and T K Mohan -- have been placed in the Denied Persons List of the Bureau of Industry and Security of the Department of Commerce and formally notified in the Federal Register.
India's share in the world market for basmati rice is about 53 per cent, said the government on Friday.
Government gives 60 institutes freedom to fix courses, collaborate with foreign peers.
Services attracted the most FDI during the first eleven months period of 2015-16.
The Department of Industrial Policy and Promotion has been working on the draft for the last several months. The areas coming up for review may include sports goods and airport ground handling services, besides gas and petroleum.
After India filed its complaint at the WTO in 2012, the dispute settlement panel of the body in July this year had ruled in India's favour against the USA's imposition of higher duties on New Delhi's steel imports.
"What is required is to convince the NSG of the non-proliferation benefits of the deal," Stratford, director at the Office of Nuclear Energy Affairs in the US State Department, said.
The purpose of the delegation is to concretise relationships between the private sector in India and US universities, in hopes of a mutually beneficial partnership.
The government is considering to tweak FDI policy in retail sector so as to allow global chains like Walmart, Carrefour and Tesco to open multi-brand stores in non-hilly cities with population less than one million.
On October 23, the top court said people in the country can only burst firecrackers from 8 pm to 10 pm on Diwali and other festivals. It also allowed the manufacture and sale of just "green crackers" which have low emission of light, sound and harmful chemicals. The apex court carved out an exception for Christmas and the New Year's Eve, saying crackers on these days could be burst between 11.55 pm and 12.30 am since the celebrations start at midnight.
Though it has been a year since Nathula in East Sikkim was reopened after over four decades for border trade with China, trading activities are yet to pick up through the route.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
India's shrimp exporters heaved a sigh of relief last week following the decision of World Trade Organisation's anti-dumping panel to set July 24 as the deadline for the final hearing on the issue.
The Department of Business Economics, University of Delhi, invites applications for admission to its Masters Programme in Business Economics.
In August, RBI allowed 11 business houses to start a payments bank.
The student front of the Rashtriya Swayamsevak Sangh has blotted its CV by allegedly instigating and engaging in violence on marquee campuses like JNU and Hyderabad Central University
If the provisional figures released by the department of commerce are any indication, India is unlikely to meet the export target of $125 billion in the 2006-2007 fiscal.
The prime minister is likely to talk about its possible extension.
India has emerged as the second largest manufacturer of cement in the world, according to a latest report released by the Ministry of Commerce and Industry.
The roadshow will bridge any existing gaps and assist Indian companies seeking to invest in Dubai.
The Department of Industrial Policy and Promotion in the commerce ministry has asked state governments and central ministries to re-examine and streamline existing procedures, so as to provide a hassle-free environment for business.
Aziz Haniffa reports from Washignton, DC, on Foreign Secretary Sujatha Singh's three-day visit to the US capital.
Tata Motors has more than doubled its investment plans for the small car project in Singur in West Bengal.
In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.
Amazon India is waiting for clarifications from the government on several aspects of the latest FDI guidelines to be able to carry on with business in the country. Sources said, no new investment is likely till at least the second half of 2019.
One indictment accuses Huawei of trying to steal trade secrets from T-Mobile, and of promising bonuses to employees who collected confidential information on competitors. A second indictment claims the company worked to skirt US sanctions on Iran.
The delivery of Freedom251 smartphones is expected to start in April after which the company will start the second round of bookings.
With a view to boost the vibrant pharma industry in the state, Andhra Pradesh government plans to set up mini-pharma cities
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