News for 'commerce-ministry'

Exports up 3.93% in May; trade deficit at 6-month high

Exports up 3.93% in May; trade deficit at 6-month high

Rediff.com14 Jun 2019

Sectors, which, recorded healthy export growth included electronics, engineering, chemicals, pharma and tea.

India's exports may fall short by $30-32 bn in 2014-15

India's exports may fall short by $30-32 bn in 2014-15

Rediff.com12 Apr 2015

Lakhs of jobs are at stake.

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.

'Swadeshi' goods: Paramilitary canteens put procurement on hold '

'Swadeshi' goods: Paramilitary canteens put procurement on hold '

Rediff.com20 May 2020

The Union home ministry on May 13 had declared that these canteens will only sell indigenous or "swadeshi" products from June 1 in a bid to give fillip to domestic industries.

Govt keen on Indo-Pak tea trade

Govt keen on Indo-Pak tea trade

Rediff.com27 Sep 2003

Union commerce ministry will make efforts to remove hurdles at the Indo-Pakistan border in the way of tea trade, a top government official said in Coonoor on Saturday.

FTAs: who did the homework?

FTAs: who did the homework?

Rediff.com10 Aug 2004

Exports, imports fall, but trade turns surplus after 18 years

Exports, imports fall, but trade turns surplus after 18 years

Rediff.com15 Jul 2020

Import segments which recorded negative growth include gold, silver, transport equipment, coal, fertiliser, machinery and machine tools. However, exports of oil seeds, coffee, rice, tobacco, spices, pharma, and chemicals reported positive growth in June.

India's tea export and the Iran connection

India's tea export and the Iran connection

Rediff.com10 Jul 2018

Iran is India's largest importer of tea in value terms while in terms of volume, it is the second largest after Russia

Nirmala Sitharaman says discussing Apple's request for FDI rules waiver

Nirmala Sitharaman says discussing Apple's request for FDI rules waiver

Rediff.com30 May 2016

The minister, however, said she was not in favour of relaxing rules for Apple to sell refurbished second-hand phones in India

All mobiles, TVs sold in India have a China connection

All mobiles, TVs sold in India have a China connection

Rediff.com3 Jul 2020

It was expected that supplies from China will be back to normal by end-June as their factories are now operating at nearly 90 per cent of normal capacity. But the recent issue with shipments has placed an obstacle that manufacturers can't bypass.

Exim policy to focus on CIS

Exim policy to focus on CIS

Rediff.com6 Feb 2003

As part of efforts to boost exports to the Commonwealth of Independent States, the government is likely to unveil a Focus-CIS programme in the forthcoming Exim Policy.\n\n\n\n

Data goof-up: Iron ore exports shown 157% higher

Data goof-up: Iron ore exports shown 157% higher

Rediff.com3 Jun 2013

Figures compiled by the Directorate General of Commercial Intelligence & Statistics, under the commerce ministry, showed India's iron ore exports jumped a whopping 157 per cent to 121 million tonnes in 2012-13, compared with 47 million tonnes a year ago.

L&T approaches govt to surrender SEZ

L&T approaches govt to surrender SEZ

Rediff.com7 Mar 2013

Four developers, including L&T Chennai Projects and Welspun Anjar, have approached the Commerce Ministry to surrender their IT and textile zones respectively.

Ministry may change policy on SEZs

Ministry may change policy on SEZs

Rediff.com22 Apr 2003

BSE: Top gainers and losers

BSE: Top gainers and losers

Rediff.com9 Oct 2013

The 30-share Sensex rose 265.65 points to end at 20,249.26 and the 50-share Nifty gained 79.05 points at 6,007.45 levels.

Investors cheer Sep trade data, Sensex regains 20k

Investors cheer Sep trade data, Sensex regains 20k

Rediff.com9 Oct 2013

The broader markets ended higher with mid-caps and small-caps adding 0.5-0.8 per cent on the BSE.

SC decision on Novartis historic: Anand Sharma

SC decision on Novartis "historic": Anand Sharma

Rediff.com1 Apr 2013

Says Indian Patent Law conforms fully with global obligations under the WTO IPR pact-TRIPS.

Govt allows gold exports from SEZs after value addition

Govt allows gold exports from SEZs after value addition

Rediff.com17 Jun 2013

Concerned over decline in gold exports from SEZs following ban on its trading, the government has allowed units in these zones to export gold items after a minimum value addition of 3 per cent.

Export drops to $23 billion in Oct; trade deficit balloons

Export drops to $23 billion in Oct; trade deficit balloons

Rediff.com14 Nov 2017

Cumulative exports during April-October 2017-18 increased by 9.62 per cent to $170.28 billion, while imports grew by 22.21 per cent to $256.43 billion, leaving a trade deficit of $86.14 billion.

Mandatory rules that e-retailers will have to follow from this week

Mandatory rules that e-retailers will have to follow from this week

Rediff.com20 Jul 2020

Among other things, the e-commerce players will have to display the total 'price' of goods and services offered for sale, mention the 'expiry date' of goods and the 'country of origin' of goods and services.

Pak commerce minister to travel to India later this month

Pak commerce minister to travel to India later this month

Rediff.com6 Feb 2013

Weeks after calling off a scheduled visit to India amidst mounting tensions over ceasefire violations along the Line of Control, Pakistan's Commerce Minister Makhdoom Amin Fahim will travel to New Delhi later this month for bilateral talks.

The second virus threatening India's economic growth

The second virus threatening India's economic growth

Rediff.com9 Mar 2020

Developing more sources of supplies to guard against disruptions may emerge as the next big trend. But that may not necessarily mean flow of more investments into India, unless investors are assured, besides important economic factors and impartiality of institutions, that social disharmony will not cause unexpected disruptions.

Decision on rail fare hike, FDI soon

Decision on rail fare hike, FDI soon

Rediff.com19 Jun 2014

The Railway Budget is likely to be presented in the second week of July.

Minimum land need for SEZ to be lowered

Minimum land need for SEZ to be lowered

Rediff.com18 Oct 2012

Lower minimum area of land required for multi-product SEZs to 250 hectares from 1,000.

No hurdles for Tata-Air Asia JV: Ajit Singh

No hurdles for Tata-Air Asia JV: Ajit Singh

Rediff.com7 Mar 2013

The aviation minister, Ajit Singh, on Tata-Air Asia joint venture

Govt hints at sops to achieve $320 bn export target

Govt hints at sops to achieve $320 bn export target

Rediff.com21 Nov 2012

Trade deficit with China has risen to $40 billion, a cause for worry.

Govt bans gold trading activities in SEZs

Govt bans gold trading activities in SEZs

Rediff.com1 May 2013

SEZs are allowed duty-free imports as opposed to a maximum of 6 per cent charged on imports by other entities.

Posco seeks extension of in-principle nod for its SEZ

Posco seeks extension of in-principle nod for its SEZ

Rediff.com20 Oct 2012

The multi-product SEZ will bring in more than Rs 2.11 lakh crore of net foreign exchange in 30 years.

Suspension of trade relations will hurt Pakistan more than India

Suspension of trade relations will hurt Pakistan more than India

Rediff.com7 Aug 2019

India's export basket for Pakistan has a limited portfolio as Pakistan has not given 'most favoured nation' status to New Delhi and such goods have ready market in South Asia and the Middle East.

'1,000 companies want to shift from China to India'

'1,000 companies want to shift from China to India'

Rediff.com22 Jun 2020

'China can't stop any company from relocating to India.'

Govt bans oil trade with ISIS-linked organisations

Govt bans oil trade with ISIS-linked organisations

Rediff.com30 Jun 2015

Iraq has urged the international community to help prevent ISIS from gleaning profits from oil smuggling

Exports plunged by 34.57% in March, 4.78% in FY20

Exports plunged by 34.57% in March, 4.78% in FY20

Rediff.com15 Apr 2020

Imports too contracted by 28.72 per cent to $31.16 billion. Dip in exports and imports narrowed the trade deficit -- the difference between imports and exports -- in March to $9.76 billion, the lowest in the last 13 months.

Exports to grow 20% this fiscal: Commerce Secretary

Exports to grow 20% this fiscal: Commerce Secretary

Rediff.com20 Jul 2012

Despite the slowdown in world economies, the government expects exports to increase 20 percent in the current fiscal, a senior commerce ministry official said here on Friday.

E-com policy, data localisation figure in Indo-US trade talks

E-com policy, data localisation figure in Indo-US trade talks

Rediff.com6 May 2019

However, the countries did not take up the issue of proposed withdrawal of export incentives by the US to Indian exporters under Generalized System of Preference.

India to take up import restrictions with Argentina

India to take up import restrictions with Argentina

Rediff.com9 Mar 2012

India will take up with Argentina the import restrictions imposed by it, as they have implications on the country's shipments to the Latin American nation, a top Commerce Ministry official said.

Govt bans onion export, imposes stock limit

Govt bans onion export, imposes stock limit

Rediff.com29 Sep 2019

The move comes amid sharp increase in retail prices of onion since August despite the government's several measures to boost the supply and contain prise rise.

India and Pakistan should stand by each other: Gilani

India and Pakistan should stand by each other: Gilani

Rediff.com15 Nov 2011

Pakistan desires the "negotiated settlement" of all issues with India, Prime Minister Yousuf Raza Gilani on Tuesday said adding both countries should stand by each other and share happiness and grief.

Exports up 17.57% in June; trade deficit widens to 43-month high

Exports up 17.57% in June; trade deficit widens to 43-month high

Rediff.com13 Jul 2018

Exports of petroleum products, chemicals, pharmaceuticals, gems and jewellery, and engineering goods registered a positive growth.

Pakistan grants MFN status to India

Pakistan grants MFN status to India

Rediff.com2 Nov 2011

The MFN status, which means that Pakistan will give trade treatment to India at par with its other partners, is likely to boost bilateral economic ties.