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Commerce and Industry Ministry

COMMERCE AND INDUSTRY MINISTRY NEWS

Commerce and Industry Ministry: On track to attract $100-bn FDI this fiscal

September 25, 2022 1:10 am

Issuing a statement on the completion of eight years of the Make in India initiative, the ministry said the foreign direct investment (FDI) inflows almost doubled since FY15.

Commerce ministry completes winding up exercise of Tariff Commission in two months

June 07, 2022 10:28 pm

On March 30, the cabinet had approved the proposal of the ministry to wind up the commission. It had directed the ministry to complete the winding up process by June 30.

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

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