Minister says 61 companies had set up component plants in 14 states and UTs. They are expected to invest about Rs 6,632 crore and create 46,368 direct job opportunities
E-marketplaces have claimed that since inventory is not controlled by them, they should not be liable for any dispute with sellers
Says no clarity on ONDC network's liability in case a consumer is delivered substandard products; local businesses will also find it hard to compete with e-commerce giants
Professional degrees not covered, India to negotiate for inclusion
AfCFTA brings together the 55 countries of the African Union and eight regional economic communities to create a single market for the continent
In a Q&A, Wamkele Mene, who represents a free trade area in Africa, dwells on the investment opportunities in pharma, auto and agro processing that the continent has to offer
The new policy is much-awaited, following the extension of the existing policy for more than two years
Karnataka attracted the most FDI in this space, followed by Telangana and Haryana. Flows into Karnataka were up more than 250% YoY
The trade between India and African countries has been balanced with exports of trade and services of about $40 billion and imports of $49 billion, Goyal said
Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee
The Board, chaired by commerce and industry minister Piyush Goyal, advises the government on policy measures to improve the country's foreign trade
Imports jumped 57.55 per cent to a record $66.31 billion
It is not clear if the changes will be part of the existing FTP or the new policy that the DGFT hopes to unveil in Sept
The six sectors driving export growth will be chemicals, auto, electronics, pharmaceuticals, textiles and industrial machinery
Exporters said the move was a step towards acceptance of rupee as an international currency.
Preparing protocols for private users' access is crucial, as there is a need to keep in mind the data and national security concerns
Total number of approved startups at 73,205; Maharashtra's share is 18%
Keen to set its own economic course after Brexit, the UK was eager to quickly finalise a trade deal with India
Goyal has already been tasked with other pressing duties such as Leader of Rajya Sabha, which was given to him after his appointment as Sherpa
"For some reasons...the three corridors coming from the south have not been dealt with in an elaborate fashion," Sitharaman said