News for 'commerce-ministry'

RBI officials quizzed over 20:80 gold import scheme

RBI officials quizzed over 20:80 gold import scheme

Rediff.com5 Apr 2018

The four officials were asked questions related to the UPA government's '20:80' gold import scheme, which was cleared by Chidambaram on May 13, 2014, barely three days before the counting of votes of the general election

Rise and fall in Indo-US trade over the years

Rise and fall in Indo-US trade over the years

Rediff.com29 Sep 2014

Trade has grown steadily since 2004, before flattening out in the past couple of years.

Making way for Indian professionals in France

Making way for Indian professionals in France

Rediff.com14 Nov 2017

Indian talent may soon be allowed to work in France without a degree from a French institute.

PMO steps in to speed up GST refunds for exporters

PMO steps in to speed up GST refunds for exporters

Rediff.com9 Mar 2018

The GST Council on Saturday is expected to extend the date for IGST exemption and cess on imports

SEZs: Govt eases outsourcing norms for mfg units

SEZs: Govt eases outsourcing norms for mfg units

Rediff.com31 Oct 2013

The request for relaxation came from large manufacturing units which have stated that the move would help facilitate manufacturing processes and augment exports.

Sensex sinks 287 points; ends flat for the week

Sensex sinks 287 points; ends flat for the week

Rediff.com16 Feb 2018

The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.

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

India, US to hold talks on hike in working visa fee

India, US to hold talks on hike in working visa fee

Rediff.com10 May 2016

India has stated that the move would impact Indian IT professionals.

Commerce Min seeks liberalised packing credit scheme from RBI

Commerce Min seeks liberalised packing credit scheme from RBI

Rediff.com9 Jul 2013

India's trade deficit widened to $20.1 billion in May because of high gold imports while exports declined by over a per cent, raising concerns about economic recovery.

India may scrap SEZ policy

India may scrap SEZ policy

Rediff.com24 Jun 2013

Existing units stay operational; those approved may not be notified, land could be used for other purposes

Wholesale inflation at 30-month high in January

Wholesale inflation at 30-month high in January

Rediff.com14 Feb 2017

Wholesale inflation shot up to a 30-month high of 5.25 per cent in January as rising global crude oil prices spiked domestic fuel cost, even as food prices moderated.

India may take WTO action against EU over drug clinical trials

India may take WTO action against EU over drug clinical trials

Rediff.com15 Apr 2015

GVK Biosciences is the latest Indian firm to come under international scrutiny over quality issues.

Petrol, diesel price rise pushes wholsesale inflation to 3.4%

Petrol, diesel price rise pushes wholsesale inflation to 3.4%

Rediff.com16 Jan 2017

Hardening prices of manufactured items during the month may refrain the Reserve Bank of India from cutting rates in its policy review on February 8.

Indo, Pak auto parts makers join hands to boost trade

Indo, Pak auto parts makers join hands to boost trade

Rediff.com27 Aug 2014

With the Indo-Pak dialogue in tatters and the respective armies exchanging fire across the Line of Control, an unexpected opportunity has presented itself for boosting trade between the two countries.

Anand Sharma cancels meeting with Walmart chief

Anand Sharma cancels meeting with Walmart chief

Rediff.com31 Oct 2013

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.

Centre scraps FIPB to 'further liberalise' FDI regime

Centre scraps FIPB to 'further liberalise' FDI regime

Rediff.com24 May 2017

The approvals would be handled independently by administrative ministries of different sectors.

Why RSS affiliate is against Walmart-Flipkart deal

Why RSS affiliate is against Walmart-Flipkart deal

Rediff.com11 May 2018

'If you allow Walmart to operate in India, our manufacturing will finish completely.' 'What will happen to Narendra D Modi's dream then? There will be no Make in India.'

Rupee up 140 paise at 63.84 Vs dollar

Rupee up 140 paise at 63.84 Vs dollar

Rediff.com10 Sep 2013

The rupee resumed higher at 64.40 a dollar from Friday's close of 65.24 and touched a low of 64.54 at the interbank foreign exchange market.

Exports fall for 15th straight month; trade deficit narrows

Exports fall for 15th straight month; trade deficit narrows

Rediff.com15 Mar 2016

India's merchandise exports in February shrank for the 15th straight month on continued weak demand from Europe, the South Asian nation's biggest market.

WTO: India hopes for a possible outcome at Bali meet

WTO: India hopes for a possible outcome at Bali meet

Rediff.com29 Jul 2013

Under the TFA, a proposal of developed countries, WTO members are negotiating ways to facilitate trade, simplify and harmonise customs rules and reduce transactions cost. Although India is willing to negotiate on TFA, it has raised few concerns over the proposed agreement.

Antony opposes proposal for hiking FDI in defence to 49 pc

Antony opposes proposal for hiking FDI in defence to 49 pc

Rediff.com3 Jul 2013

Defence Minister A K Antony has shot down Commerce Ministry's proposal to raise Foreign Direct Investment in defence from 26 per cent to 49 per cent, saying it will be a "retrograde" step and "stymie" the growth of the domestic industry while increasing dependence on foreign manufacturers.

Sensex ends 130 points lower, Nifty below 9,150; IT stocks drag

Sensex ends 130 points lower, Nifty below 9,150; IT stocks drag

Rediff.com20 Mar 2017

BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%

Govt cancels SEZs of Hindalco, Essar, Adani

Govt cancels SEZs of Hindalco, Essar, Adani

Rediff.com29 Sep 2014

The decision was taken in the meeting of the Board of Approval headed by Commerce Secretary Rajeev Kher on September 18.

India hopes of a solution to WTO food security issue by 2017

India hopes of a solution to WTO food security issue by 2017

Rediff.com5 Sep 2015

Earlier this year, the US accused India and China of exceeding the WTO limits on farm subsidies, saying these caused trade distortion.

'Diamond trade continues to be money-laundering conduit'

'Diamond trade continues to be money-laundering conduit'

Rediff.com23 Feb 2018

The spotlight is back on the hawala trade in diamonds.

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's National Security is being transformed

India's National Security is being transformed

Rediff.com22 Oct 2018

Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.

Why Sivakasi will be less colourful this Diwali

Why Sivakasi will be less colourful this Diwali

Rediff.com27 Oct 2015

The town produces 85 per cent of the country's fireworks.

India's October gold imports seen picking up sharply

India's October gold imports seen picking up sharply

Rediff.com2 Oct 2013

Imports of gold virtually stopped since July 22 after confusion on the new import rules.

'Govt must incentivise IT services sector to boost exports'

'Govt must incentivise IT services sector to boost exports'

Rediff.com9 Sep 2013

India's IT services sector witnessed 4.2 per cent growth in 2012-13.

Mango ban: India threatens to drag European Union to WTO

Mango ban: India threatens to drag European Union to WTO

Rediff.com2 May 2014

Talking tough, India on Friday threatened to drag the European Union to the World Trade Organization if the 28-nation bloc did not lift its ban on the import of Indian mangoes and vegetables.

After four months, Modi clears OSDs for Heptullah, Naidu

After four months, Modi clears OSDs for Heptullah, Naidu

Rediff.com10 Oct 2014

After keeping the appointments of some of the senior level officers on special duty/private secretary on hold for months, Prime Minister Narendra Modi finally cleared some of them.

Two Indian companies and 10,000 kg gold!

Two Indian companies and 10,000 kg gold!

Rediff.com11 Aug 2017

Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.

Wholesale inflation hits 2-year high of 3.74% in August

Wholesale inflation hits 2-year high of 3.74% in August

Rediff.com14 Sep 2016

WPI inflation, which was in the negative zone from November 2014 to March 2016, has been on an upward trend for the seventh straight month

Many reasons why a rate cut may not be feasible

Many reasons why a rate cut may not be feasible

Rediff.com31 Aug 2016

The public sector banks are not in a position to cut rates because of their weak balance sheets and massive portfolios of non-performing assets, says Devangshu Datta.

Lacklustre demand cuts gold premiums by half in a fortnight

Lacklustre demand cuts gold premiums by half in a fortnight

Rediff.com10 Nov 2013

The commerce ministry has called a meeting on Monday to discuss tighter norms amid reports of increased round-tripping of gold

Cut in gold import duty unlikely before Budget

Cut in gold import duty unlikely before Budget

Rediff.com4 Dec 2014

Any revision in gold import duty is unlikely to take place before the Budget, says finance ministry official.

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.

GST impact: Gold import surge from South Korea alarms govt

GST impact: Gold import surge from South Korea alarms govt

Rediff.com9 Aug 2017

Steps such as safeguard duty in the works to plug the route

Indo-Pak trade talks to be hit again

Indo-Pak trade talks to be hit again

Rediff.com8 Aug 2013

The MFN (Most Favoured Nation, meaning non-discriminatory treatment for each other) issue is of prime importance to India, as it wants to have greater access in the Pakistani markets.