News for 'industry-minister'

India to host G20 summit in 2023; Goyal appointed Sherpa

India to host G20 summit in 2023; Goyal appointed Sherpa

Rediff.com7 Sep 2021

Making the announcement, the Ministry of External Affairs said on Tuesday that India will hold the G20 presidency from December 1, 2022, and will convene the G20 leaders' summit in 2023 for the first time.

BJP declares ceasefire with Nitish, says alliance will complete 5-yr term

BJP declares ceasefire with Nitish, says alliance will complete 5-yr term

Rediff.com11 Feb 2022

State minister Syed Shahnawaz Hussain, a national spokesman of the party, made the averment in Patna at a press conference he addressed jointly with Sanjay Jaiswal, the Bihar BJP president.

Tesla, made in Maharashtra? State makes a strong pitch

Tesla, made in Maharashtra? State makes a strong pitch

Rediff.com23 Oct 2020

Maharashtra is looking for potential investment from the US electric car major Tesla in the state and has held discussions with the company, weeks after Tesla revealed its plans to enter the Indian market.

Punjab poll: Channi to contest from Chamkaur Sahib, Sidhu from Amritsar East

Punjab poll: Channi to contest from Chamkaur Sahib, Sidhu from Amritsar East

Rediff.com15 Jan 2022

Controversial Punjabi singer Sidhu Mussewala, who joined the Congress sometime ago will contest from Mansa and actor Sonu Sood's sister Malvika Sood from Moga.

Bihar BJP launches fresh attack on Nitish over central aid

Bihar BJP launches fresh attack on Nitish over central aid

Rediff.com7 Feb 2022

The Nitish Kumar government in Bihar came under fresh attack on Monday from state Bharatiya Janata Party president Sanjay Jaiswal whose party seems annoyed with junior ally Janata Dal-United's shrill demands for special assistance from the Centre.

Help us return from Ukraine, Indian students appeal to govt

Help us return from Ukraine, Indian students appeal to govt

Rediff.com24 Feb 2022

Several videos emerged on social media in which teary-eyed students urged the Indian authorities to make arrangements for their return.

SAD part of NDA, Harsimrat's resignation 'political': Punjab BJP chief

SAD part of NDA, Harsimrat's resignation 'political': Punjab BJP chief

Rediff.com18 Sep 2020

"Akali Dal is a part of the NDA but it is a separate political outfit. They have taken this decision because of some political reasons. We have an alliance (SAD-BJP) but both are different political outfits. They (SAD) have taken a political decision," said Sharma.

'Jagadish Shettar best option to replace Yediyurappa'

'Jagadish Shettar best option to replace Yediyurappa'

Rediff.com27 Jul 2021

The Lingayat community will be appeased if the next chief minister is also a Lingayat.

Champion athlete Hima Das appointed Assam DSP

Champion athlete Hima Das appointed Assam DSP

Rediff.com11 Feb 2021

She became the first Indian woman and the first ever Indian athlete to win a gold medal in any format of a global track event when she stood atop the podium at the IAAF World U20 Championships, clocking a time of 51.46 seconds.

PM reviews vaccination drive; insists on reducing wastage

PM reviews vaccination drive; insists on reducing wastage

Rediff.com4 Jun 2021

The government is helping vaccine manufacturers get more production units, financing and supply of raw materials, the Prime Minister's Officer said on Friday after Prime Minister Narendra Modi reviewed the progress of the country's COVID-19 vaccination drive.

Clarifications on FDI in e-com soon: Goyal

Clarifications on FDI in e-com soon: Goyal

Rediff.com2 Jul 2021

Amid domestic traders continuously complaining alleged violations of FDI norms by foreign online players, Commerce and Industry Minister Piyush Goyal on Friday said the ministry will "very shortly" come out with certain clarifications on the e-commerce sector. Goyal said the ministry is not changing any policy on e-commerce for foreign direct investment as the policy is crystal clear. "We will also come out with the e-commerce policy and whatever clarifications... Certain instances have come to our notice where the policy is not being followed in letter and spirit, we will obviously be clarifying that very shortly," he told reporters in New Delhi.

K'taka CM-BSY meet amid discontent among ministers

K'taka CM-BSY meet amid discontent among ministers

Rediff.com14 Aug 2021

Tourism Minister Anand Singh and Municipal Administration and Small Scale Industries' Minister N Nagaraj (MTB) have openly expressed displeasure over their portfolio, and have sought "weighty" ones.

FDIs rise to $12.1 bn in May: Piyush Goyal

FDIs rise to $12.1 bn in May: Piyush Goyal

Rediff.com23 Aug 2021

Foreign direct investments into the country is on the rise, jumping to $12.1 billion in May this year, Commerce and Industry Minister Piyush Goyal said on Monday. He also said the government is working on a mission mode to achieve exports target of $400 billion in 2021-22. "India has received the highest ever FDI inflow in 2020-21. "It surged by 10 per cent to $81.72 billion and FDI during May 2021 is $12.1 billion, i.e. 203 per cent higher than May 2020," he said while addressing a meeting of different industry associations on promoting exports.

Existing foreign trade policy to be extended till March '22: Goyal

Existing foreign trade policy to be extended till March '22: Goyal

Rediff.com27 Sep 2021

Commerce and Industry Minister Piyush Goyal on Monday said the existing foreign trade policy (FTP) will be extended for six months till March 31 next year. The government had earlier extended the FTP 2015-20 until September 30 this year due to the Covid-19 crisis. The FTP provides guidelines for enhancing exports to push economic growth and create jobs.

Microsoft plans to set up Rs 15,000-crore data centre in Telangana

Microsoft plans to set up Rs 15,000-crore data centre in Telangana

Rediff.com28 Jul 2021

US tech giant Microsoft is in the final stages of talks with the Telangana government to set up a data centre with a total investment of Rs 15,000 crore. According to sources in the state government, the company has zeroed in on a land parcel near Hyderabad for the facility. "In the information technology (IT) space, Telangana is already seeing some major investments. "Microsoft is establishing its data centre here, and it may come out with a public announcement soon," said a source.

FADA seeks govt support over compensation for Ford dealers

FADA seeks govt support over compensation for Ford dealers

Rediff.com23 Sep 2021

Automobile dealers' body FADA has urged the government to formulate a task force to monitor the compensation structure being worked out by Ford India for its dealer partners across the country. In a letter to Heavy Industries Minister Mahendra Nath Pandey, FADA president Vinkesh Gulati also requested the government to instruct Ford India to keep the industry body in the loop regarding the compensation structure for the dealerships. "We humbly request your Ministry's intervention... Create a task force which takes day-to-day updates from Ford India to monitor the compensation plan for automobile dealers and dealership employees," Gulati said in the letter.

Centre waives off customs duty on oxygen, vaccines

Centre waives off customs duty on oxygen, vaccines

Rediff.com24 Apr 2021

This will boost availability of these items as well as make them cheaper, it said, adding that Modi also directed the revenue department to ensure seamless and quick custom clearance of such equipment.

Gehlot allocates portfolios, retains home, finance

Gehlot allocates portfolios, retains home, finance

Rediff.com22 Nov 2021

The 15 ministers were sworn in on Sunday for the expanded Gehlot cabinet, fulfilling a key demand of former deputy chief minister Sachin Pilot whose rebellion last year shook the state's Congress government.

Is Mukesh Sahni preparing to topple Nitish Kumar?

Is Mukesh Sahni preparing to topple Nitish Kumar?

Rediff.com5 Feb 2022

'At the moment, we are supporting the Nitish Kumar-led government.' 'When the time comes for this government to fall, it will.'

Govt waives import duty on Remdesivir

Govt waives import duty on Remdesivir

Rediff.com20 Apr 2021

This import duty exemption would remain in force till October 31 this year.

Kerala Minister dismisses Kitex's allegations

Kerala Minister dismisses Kitex's allegations

Rediff.com14 Jul 2021

Dismissing as baseless Kitex group chairman Sabu Jacob's allegation that the atmosphere in Kerala is not industry-friendly, state Industries Minister P Rajeev on Wednesday said his government stands for "responsible investment" and the southern state would be made a destination of such investments in few years. In an exclusive interview to PTI, Rajeev said the focus of the government is to attract green industries and IT-based industries in Kerala as land scarcity and environmental issues associated with it have been a problem in the state. "We are always taking a stand in favour of investment, in favour of industries. But our need is that--investment should be responsible. We stand for responsible investment," said Rajeev, who represents Kalamassery-an industrial hub in Kerala--in the state Assembly. Elaborating on responsible investment, the minister said it is a strategy and practice to incorporate environmental, social and governance (ESG) factors in investment decisions.

Hounded out of Kerala, says industrialist as Telangana welcomes him

Hounded out of Kerala, says industrialist as Telangana welcomes him

Rediff.com9 Jul 2021

Ahead of talks with the Telangana government over his investment plans, chairman of the Kitex group Sabu Jacob, who has backed out from a Rs 3,500 crore project in Kerala, on Friday said he was not leaving his home state on his own, but was being "hounded out".

AINRC blames ally BJP for delay in Puducherry Cabinet formation

AINRC blames ally BJP for delay in Puducherry Cabinet formation

Rediff.com17 Jun 2021

Sources in the AINRC told PTI that the BJP insisted on the induction of its representative as deputy chief minister and also wanted two more posts of ministers.

Govt to release Rs 56,027 cr to exporters against pending tax refunds

Govt to release Rs 56,027 cr to exporters against pending tax refunds

Rediff.com9 Sep 2021

Giving a relief to exporters community, the government on Thursday said it will release Rs 56,027 crore to exporters against pending tax refunds under different incentive schemes for outbound shipments. The amount will be disbursed to more than 45,000 exporters. Briefing the media about the decision, Commerce and Industry Minister Piyush Goyal said that the Rs 56,027 crore, which is being released under various export promotion schemes, is over and above duty remission of Rs 12,454 crore for the Remission of Duties and Taxes on Export Products (RoDTEP) Scheme and Rs 6,946 crore for Rebate of State and Central Levies and Taxes (RoSCTL) Scheme already announced.

India's imports from China dip 27.63% during Apr-Aug

India's imports from China dip 27.63% during Apr-Aug

Rediff.com21 Sep 2020

Goyal said, there is no proposal under consideration on withdrawal of MFN status to China.

Prez accepts Harsimrat Kaur Badal's resignation

Prez accepts Harsimrat Kaur Badal's resignation

Rediff.com18 Sep 2020

'The President of India, as advised by the prime minister, has accepted the resignation of Harsimrat Kaur Badal from the Union Council of Ministers, with immediate effect,' the Rashtrapati Bhavan said in a statement.

Russia reaches out to Kerala for Sputnik V plant

Russia reaches out to Kerala for Sputnik V plant

Rediff.com29 Jul 2021

The government may look at areas around Thonnakkal, in Thiruvananthapuram district, for the facility. If successful, this would be one of the few sites of Sputnik V owned by Russian firms outside that country. Shine Jacob and Sohini Das report.

Audio clip hinting at Yediyurappa's removal goes viral

Audio clip hinting at Yediyurappa's removal goes viral

Rediff.com19 Jul 2021

Karnataka Bharatiya Janata Party president Nalin Kumar Kateel has dismissed as fake an audio clip that hints at possible leadership change in the state, and said it was not his voice.

Exports jump 58.23% to $34 bn in March

Exports jump 58.23% to $34 bn in March

Rediff.com1 Apr 2021

The country's exports jumped by 58.23 per cent to $34 billion in March as key sectors such as engineering, gems and jewellery and pharmaceuticals recorded healthy growth rate during the month, according to the Commerce Ministry's provisional data. Exports during April-March 2020-21, however, dipped by 7.4 per cent to $290.18 billion compared to $313.36 billion in 2019-20, the data showed. Imports during 2020-21 contracted by 18 per cent to $388.92 billion compared to $474.71 billion during 2019-20. In March 2020, the exports stood at $21.49 billion, which was a decline of about 34 per cent over March 2019 due to global slowdown induced by the Covid-19 crisis.

Exports grow 47% to $32.46 bn in June; trade deficit at $9.4 bn

Exports grow 47% to $32.46 bn in June; trade deficit at $9.4 bn

Rediff.com2 Jul 2021

The country's exports rose by 47.34 per cent to $32.46 billion in June on account of healthy growth in sectors such as engineering, gems and jewellery and petroleum products, even as trade deficit aggregated at $9.4 billion during the month, according to the data released by the commerce ministry on Friday. Exports in June last year stood at $22 billion and $25 billion in June 2019. In May 2021, the outward shipment was worth $32.27 billion, while in April this year, it was $31 billion. Imports in June 2021 grew by 96.33 per cent to $41.86 billion, from $21.32 billion in June last year. In June 2019, imports stood at $41 billion.

Expelled by Nitish, former Bihar minister joins RJD

Expelled by Nitish, former Bihar minister joins RJD

Rediff.com17 Aug 2020

Rajak said almost all ministers in the Bihar Cabinet are unhappy with Chief Minister Nitish Kumar and things will become clear in the coming days.

Uddhav dials PM over oxygen issue, told he's campaigning in Bengal

Uddhav dials PM over oxygen issue, told he's campaigning in Bengal

Rediff.com17 Apr 2021

Maharashtra Chief Minister Uddhav Thackeray on Saturday said he had tried to contact Prime Minister Narendra Modi on phone regarding the oxygen supply for the state but the PM was not available since he was busy campaigning for the West Bengal elections.

Exports snap six-month losing streak, rise 5.27% in Sep

Exports snap six-month losing streak, rise 5.27% in Sep

Rediff.com1 Oct 2020

After contracting for six months in a row, the country's exports grew by 5.27 per cent to $27.4 billion in September, Commerce and Industry Minister Piyush Goyal said on Thursday.

Amazon accused of violating FEMA norms

Amazon accused of violating FEMA norms

Rediff.com4 Nov 2020

Traders' body CAIT on Wednesday accused e-commerce major Amazon of indulging in serious contraventions of FDI policy and Foreign Exchange Management Act. The body also blamed the online firm for not seeking the government's approval for conducting multi-brand retail activities in India.

FICCI suggests graded approach to unlock economy

FICCI suggests graded approach to unlock economy

Rediff.com2 Jun 2021

With the number of coronavirus infections declining in the country, industry chamber FICCI has suggested the government to follow a graded approach in unlocking economic activities. The chamber has suggested opening up of economic activities depending upon the positivity rate of COVID-19 cases in that region or district. It has divided regions at four levels - minimal risk, low risk, medium risk and high risk. It has asked for opening e-commerce supplies for both essential and non-essential activities in all districts irrespective of the positivity rate, besides home delivery of alcoholic beverages, logistics, warehousing and all cargo movement.

Gujarat provides best ecosystem for start-ups

Gujarat provides best ecosystem for start-ups

Rediff.com11 Sep 2020

Commerce and Industry Minister Piyush Goyal urged start-ups to focus on three Ps - product, process, people - for building Aatmnirbhar Bharat.

Kerala CM's daughter ties knot with CPI-M youth wing leader

Kerala CM's daughter ties knot with CPI-M youth wing leader

Rediff.com15 Jun 2020

The marriage was held at Cliff House, the official residence of the chief minister, with less than 50 people, comprising close relatives and friends, participating in the function.

Oxygen crisis deepens in Karnataka, 7 more die

Oxygen crisis deepens in Karnataka, 7 more die

Rediff.com5 May 2021

Oxygen crisis deepened in certain parts of Karnataka on Tuesday, with the deaths of seven COVID patients in Kalaburagi and Belagavi allegedly due to oxygen shortage.

Traders' body seeks to ban Amazon's e-com biz in India

Traders' body seeks to ban Amazon's e-com biz in India

Rediff.com18 Feb 2021

Traders' body CAIT on Thursday urged the government to impose a ban on Amazon's e-commerce portal and its operations in India, accusing the global e-tailing giant of indulging in predatory pricing, deep discounting and inventory control. Addressing a press conference, CAIT secretary-general Praveen Khandelwal demanded an "immediate ban on Amazon's portal and its operations in India" and an investigation against the company in a time-bound manner. He also urged the government to probe the business practices of Amazon and Flipkart. However, responding to the allegations, both Amazon and Flipkart said they remain compliant with Indian laws.

The Jazz-Loving Politician With No Enemies

The Jazz-Loving Politician With No Enemies

Rediff.com7 May 2021

Ajit Singh represented a bridge between a constituency that represented a more traditional era in politics and a modern, forward-looking, India, remembers Aditi Phadnis.