Page 23 - Commerce Ministry

Gati Shakti master plan may help cut logistics cost to 8% of GDP

Railways looking at Rs 50K cr of investments under the project

Trying to include education as key sector of cooperation in FTA talk: Goyal

India is trying to include education as a key sector of cooperation in free trade agreements that the country is negotiating with its trading partners, Commerce and Industry Minister Piyush Goyal said

Govt notifies processes for granting RoDTEP duty credits

An exporter must make a claim for RoDTEP in the shipping bill or bill of export by making the prescribed declaration

Proposed e-commerce policy to be balanced, with robust framework: Goyal

Union minister Piyush Goyal on Sunday assured that every stakeholder's interest will be taken into consideration while framing e-commerce policy which would be robust and in interest of every Indian

Amazon clarifies to govt on reported legal fee of Rs 8,546cr during 2018-20

Amazon has clarified to the government on its reported legal fee, saying the expense includes professional fee as well, according to sources

Govt's current foreign trade policy likely to continue till March 31

For this fiscal year, the main target is to accelerate exports and reach the $400-bn aim

Ease of doing business helped create more startups: Piyush Goyal

Simplification, facilitation and ease of doing business has helped India create more startups, Commerce and Industry Minister Piyush Goyal said on Sunday. For promoting startups, the government is creating future global leaders and wants to become the innovation hub of the world, he said during an interaction with the industry representatives in Bengaluru. "India has been able to create the third largest startup ecosystem in the world since its launch.This has been possible by the government's focus on reforms like simplification, facilitation and ease of doing business," he said. He called upon the industries to be self-sufficient in the area of semiconductors. Goyal also suggested the participants to formulate a draft road map for the development of startups.

Businesses should give useful inputs for FTA negotiations

FTAs have to be signed keeping two things in mind - mutually reciprocal terms and focusing on products and services with maximum export potential

Exports rise 46% to $33.28 bn in August; trade deficit widens to $13.8 bn

India's exports rose by 45.76 per cent to $33.28 billion in August, as against $22.83 billion in the same month last year, according to commerce ministry data released on Tuesday.

Q2 manufacturing outlook seen improving, cost of biz a worry: Ficci Survey

Percentage of respondents reporting higher production in the second quarter of 2021-22 (July-September) was much above the 50% mark, at about 61%

Comm Min recommends anti-dumping duty on certain aluminium items from China

The commerce ministry's investigation arm DGTR has recommended the imposition of anti-dumping duty on certain aluminium products from China to guard domestic manufacturers from cheap imports.

India to host G-20 summit in 2023; Goyal appointed sherpa for grouping

Commerce and Industry Minister Piyush Goyal has been appointed as India's Sherpa for the G20, an influential grouping that brings together the world's major economies.

Commerce min notifies procedure for imports under India-Mauritius FTA

Commerce ministry notified tariff rate quota for certain items including pineapples, tunas, beer made from malt, rum and procedure for imports of those goods under India-Mauritius free trade agreement

Commerce Min recommends anti-dumping duty on Vitamin C from China for 5 yrs

The domestic industry has been impacted due to the dumped imports, DGTR has said in a notification.

India's exports to ASEAN seen at $46 billion in FY22: Minister

India is likely to record exports worth $46 billion to the ASEAN region, Minister of State of Commerce and Industry Anupriya Patel said on Tuesday

Foreign direct investments rise to $12.1 billion in May: Piyush Goyal

Foreign direct investments into the country is on the rise, jumping to USD 12.1 billion in May this year, Commerce and Industry Minister Piyush Goyal said on Monday.

80% fee cut for recognised institutes applying for patents: Piyush Goyal

Total fee - filing, publication, and renewal - for an institute, which is around Rs 4.24 lakh now, will be reduced to Rs 84,900

Govt may set up independent regulatory authority for e-commerce sector

Commerce minister Piyush Goyal on Friday chaired a meeting to review the ONDC initiative, along with members of its advisory committee

FTAs will be finalised after discussions with industry: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Thursday assured the industry that the government will protect its interests in free trade agreements (FTAs)

India will fast track trade deals with six nations: Commerce Secretary

The earliest one may be inked with the UAE