News for 'commerce-and-industry-ministry'

Core sector growth slows to 1.1% in July

Core sector growth slows to 1.1% in July

Rediff.com31 Aug 2015

Growth in output of coal, cement and electricity slowed to 0.3%.

Start-ups wants contentious angel tax proposal scrapped

Start-ups wants contentious angel tax proposal scrapped

Rediff.com13 Feb 2019

Various start-ups have raised concerns on notices sent to them under the Section 56 of Income Tax Act to pay taxes on angel funds received by them.

E-commerce: 25% cap on sales to end monopoly of few vendors

E-commerce: 25% cap on sales to end monopoly of few vendors

Rediff.com3 Apr 2016

After 100% FDI, DIPP has put a condition an e-commerce entity will not be permitted more than 25% of sales through its marketplace from one vendor or their group companies

Trade deficit at 29-month high

Trade deficit at 29-month high

Rediff.com16 May 2017

Exports rise for 8th month, albeit at lower pace

FDI in automobile sector drops 85% in April-May this year

FDI in automobile sector drops 85% in April-May this year

Rediff.com18 Aug 2014

The other sectors where inflows have declined include pharmaceuticals ( $680 million).

Flipkart 'beaten' by govt e-commerce platform

Flipkart 'beaten' by govt e-commerce platform

Rediff.com5 Aug 2019

Three years and Rs 28,710 crore worth of transactions later, it has more than double the number of sellers than Flipkart.

Core sector growth jumps to 4-month high of 6.3% in Oct

Core sector growth jumps to 4-month high of 6.3% in Oct

Rediff.com1 Dec 2014

The Reserve Bank of India is expected to hold interest rate at 8 per cent in its fifth bi-monthly monetary policy review on Tuesday.

PM Modi arrives in Delhi following 3-nation tour

PM Modi arrives in Delhi following 3-nation tour

Rediff.com28 Jun 2017

Modi, upon arrival, was received by External Affairs Minister Sushma Swaraj.

Trade regulator gets complaint against Flipkart, other e-retailers

Trade regulator gets complaint against Flipkart, other e-retailers

Rediff.com5 Nov 2014

The complaint has been received against these online trading entities weeks after an uproar over Flipkart's massive discount sale which had raised concerns of anti-competitive practices.

Gold, silver imports dip 40% to $33.46 billion in 2013-14

Gold, silver imports dip 40% to $33.46 billion in 2013-14

Rediff.com11 Apr 2014

The Commerce and Industry Ministry is pitching for easing of the gold import restrictions to boost gems and jewellery exports

Infra sector growth slows down to 3% in June

Infra sector growth slows down to 3% in June

Rediff.com31 Jul 2015

The growth rate was much higher a year ago at 8.7%.

Govt hikes import tariff value on gold, silver

Govt hikes import tariff value on gold, silver

Rediff.com16 Apr 2014

The government on Wednesday hiked the import tariff value on gold and silver to $431 per 10 grams and $646 per kg, respectively, taking firm global cues.

CII asks Delhi, Rajasthan to reconsider decision on retail FDI

CII asks Delhi, Rajasthan to reconsider decision on retail FDI

Rediff.com4 Feb 2014

Industry body CII has asked the governments of Delhi and Rajasthan to reconsider their decisions to scrap the FDI policy for multi-brand retail as such investments would help create millions of jobs and benefit consumers.

Commerce Ministry taking legal view on Delhi's U-turn on FDI

Commerce Ministry taking legal view on Delhi's U-turn on FDI

Rediff.com15 Jan 2014

In a major policy reversal, the AAP government wrote to the Centre to withdraw approval given by previous Congress government for FDI in multi-brand retailing in Delhi, saying the entry of global chains such as Walmart and Tesco in India would result in large-scale job losses.

FDI in pharma doubled during April-August

FDI in pharma doubled during April-August

Rediff.com18 Nov 2013

FDI in drugs and pharmaceuticals was $487 million during April-August 2012, according to the latest data of the Department of Industrial Policy and Promotion.

Many complaints on Flipkart discount sale: Minister

Many complaints on Flipkart discount sale: Minister

Rediff.com8 Oct 2014

Such campaigns would badly affect players in the traditional retail market.

Govt initiates exercise to raise FDI in defence sector to 100%

Govt initiates exercise to raise FDI in defence sector to 100%

Rediff.com30 May 2014

India is one of the largest defence importers.

Shift to commerce ministry from railways no demotion: Prabhu

Shift to commerce ministry from railways no demotion: Prabhu

Rediff.com3 Sep 2017

Prabhu was moved out of the important railway ministry and was handed over the commerce and industry portfolio in the Cabinet recast.

What drove July core sector growth

What drove July core sector growth

Rediff.com1 Sep 2017

Growth was primarily pushed by a jump in steel and electricity generation, apart from a sustained rise in natural gas output.

National e-com policy to be announced within 12 months: Govt

National e-com policy to be announced within 12 months: Govt

Rediff.com26 Jun 2019

The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.

Eyeing big-billions in 2015, govt rolls out FDI red carpet

Eyeing big-billions in 2015, govt rolls out FDI red carpet

Rediff.com28 Dec 2014

Global sentiment has turned very positive for India

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.

Govt cuts import tariff value on gold, silver

Govt cuts import tariff value on gold, silver

Rediff.com30 Sep 2014

The government on Tuesday cut the import tariff value on gold and silver to $396 per 10 gram and $575 per kg, taking into account weak global trends.

Budget may roll out more sops for start-ups

Budget may roll out more sops for start-ups

Rediff.com24 Jan 2016

Commerce ministry suggests easy conditions for availing capital gains tax exemptions

Nike to open fully-owned stores in India

Nike to open fully-owned stores in India

Rediff.com2 Sep 2014

Nike has been present in India since 1996.

Modi's meeting with FM, FinMin officials postponed

Modi's meeting with FM, FinMin officials postponed

Rediff.com19 Sep 2017

Two years ago, India was touted as a rare bright spot in a gloomy global economy with GDP growth outpacing a slowing China.

Ministries get 60 days to decide on FDI plans

Ministries get 60 days to decide on FDI plans

Rediff.com7 Jun 2017

A panel led by the secretaries of the DEA and the DIPP would conduct a quarterly review on the pending proposals.

Around 55% land bank of SEZs in Tamil Nadu lying vacant

Around 55% land bank of SEZs in Tamil Nadu lying vacant

Rediff.com10 Dec 2014

Around 55 per cent of land in the 36 operational special economic zones (SEZs) in Tamil Nadu is lying vacant owing to various reasons, including the recent economic slowdown.

Govt may soon permit FDI in high speed trains, other projects

Govt may soon permit FDI in high speed trains, other projects

Rediff.com1 Jan 2014

The government is likely to allow FDI in high speed trains and other projects.

Exports rise for 5th month, but imports at 2 year high

Exports rise for 5th month, but imports at 2 year high

Rediff.com16 Feb 2017

Imports rise at highest pace in more than 2 years as crude oil price spikes.

What India Inc wants from Suresh Prabhu

What India Inc wants from Suresh Prabhu

Rediff.com27 Sep 2017

Relax fiscal consolidation, boost public capex and reduce cost of finance, industry tells Centre

Govt may simplify taxes for manufacturing sector

Govt may simplify taxes for manufacturing sector

Rediff.com3 Jun 2014

Finance Minister Arun Jaitley is expected to present the Budget for 2014-15 in July.

Jewellers' stocks rise amid buzz of Sonia letter on norms

Jewellers' stocks rise amid buzz of Sonia letter on norms

Rediff.com24 Jan 2014

The 80:20 rule mandates importers to channel at least 20% of the import quantity for jewellery exports.

Government plans to allow FDI in e-commerce before April

Government plans to allow FDI in e-commerce before April

Rediff.com31 Dec 2013

Floats discussion paper for stakeholders' feedback with a deadline of January 28.

GDP growth slows to 7.1% in Q2; still faster than China

GDP growth slows to 7.1% in Q2; still faster than China

Rediff.com30 Nov 2018

The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago

Big leap for India in ease of doing business; rank improves to 77

Big leap for India in ease of doing business; rank improves to 77

Rediff.com31 Oct 2018

India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.

The intriguing tale of India's trade with North Korea

The intriguing tale of India's trade with North Korea

Rediff.com16 Jun 2018

India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.

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.

FDI policy in pharma set for major overhaul

FDI policy in pharma set for major overhaul

Rediff.com16 Aug 2013

After a high-level meeting held on Friday chaired by Prime Minister Manmohan Singh, it has been decided that the Commerce and Industry would soon start a consultation process to address 'dangers inherent' in the current model of FDI in brownfield pharma units.

Govt may tweak retail FDI norms to help foreign chains

Govt may tweak retail FDI norms to help foreign chains

Rediff.com2 Jul 2013

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.