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Thursday, January 20, 2022

Commerce and Industry Ministry

COMMERCE AND INDUSTRY MINISTRY NEWS

In nine months, exports top full FY21 figure; imports rise nearly 70% over a year ago

January 04, 2022 12:37 am

The nation’s imports too hit an all-time high of $59.3 billion, rising 38 per cent on-year amid an increase in import of petroleum products, electronic goods and machinery. The trade deficit also rose sharply to $22 billion in December 2021, up 40 per cent from December 2020.

Eight core industries' output up by 0.1% in January

February 26, 2021 7:21 pm

The core sectors had expanded by 2.2 per cent in January 2020, according to the provisional data released by the Commerce and Industry Ministry on Friday.

Govt tightens selling norms for e-commerce firms

December 28, 2018 1:50 pm

As per the FDI policy on e-commerce sector, while 100% FDI under automatic route is permitted in marketplace model of e-commerce, FDI is not permitted in inventory based model of e-commerce.

Headline inflation pinches, but with a lag

September 17, 2014 1:14 am

Final inflation estimates have been updated till the month of June 2014, data for which was released by the government on Monday alongside the provisional data for August.

Cabinet rejects industry dept proposal on FDI in pharma

November 30, 2013 2:25 am

The finance ministry had argued that such a move would discourage potential investors.

DIPP to soon start talks in FDI in e-commerce,retail

September 30, 2013 4:05 am

The commerce and industry ministry will initiate formal consultations with all stake holders soon for allowing FDI in e-commerce activities.

Core sector shows meagre growth at 2.3% in May

July 02, 2013 2:39 am

The eight key infrastructure industries grow by just 2.3 per cent in May,data from the commerce and industry ministry,

Govt to launch co-financing scheme for exports to Africa

March 25, 2013 12:39 am

The commerce and industry ministry is working on a mechanism that will make Indian exports to Africa as competitive as those from China

15-yr-old trucks likely to be phased out

August 31, 2012 4:35 pm

Praful Patel asks industry to join hands with govt in the initiative by providing part funding.

India may bend FEMA to allow FDI from Pakistan

February 17, 2012 12:32 am

* Commerce ministry asks FinMin to consider proposal

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