Page 29 - Commerce Ministry

Centre looks to nudge more MSMEs into manufacturing to reduce imports

Sources across ministries confirmed that Narendra Modi's call to "go vocal for local" will be achieved through a host of measures, running into the dozens, and will focus on long-term goals.

Market Ahead, May 13: Top Factors That Could Guide Markets Today

Today, a total of 10 companies, including Maruti Suzuki India, MPhasis, and ABB are scheduled to announce their results

Govt mulls tax holiday for companies making new investments in India

The finance ministry is considering a commerce ministry proposal on this, according to a Bloomberg report

Coronavirus: Exporters seek duty reduction, logistics support from Centre

Meanwhile, Irdai was asked to review existing insurance products to ensure risk cover against loss because of abnormal delay in delivery of shipments

Govt to meet exporters on Mar 3 to discuss opportunities amid coronavirus

The meeting will be chaired by Commerce and Industry Minister Piyush Goyal

Govt considers making registration compulsory for paper importers

The Directorate General of Foreign Trade, under the Commerce Ministry, is looking at the matter

Commerce ministry preparing district export plan to boost shipments

Budgetary support will be provided to make outreach at the district level and prepare this plan, the ministry said

Facility centres for jewellery sector to help workers improve quality: Govt

Gems and jewellery exports account for more than $40 billion (about Rs 2.84 trillion) annually, employing more than 5 million people across the country

Budget 2020: Govt looks to increase turnover of GeM portal to Rs 3 trillion

The minister also proposed to provide about Rs 27,300 crore for development and promotion of industry and commerce for 2020-21

Duty incentives for apparel export withdrawn as tax rebate scheme launched

The directorate has also laid out a detailed procedure for availing benefits under the RoSCTL scheme

Airtel says working with DGFT to get name removed from 'Denied Entry List'

Bharti Airtel said it has not applied for any such license since April 2018 as there was no operational need for the same

Hanging up on mobile phone exports, India likely to miss 'hub' tag

Manufacturers decline export orders because of subsidy reduction from 4 to 2 per cent

Pushing exports may've caught PM's attention

In his I-Day speech, the Prime Minister suggested that farmers should be exporters and that each of our districts must become an export hub for its specialty

Commerce min seeks views of other departments on national logistics policy

he government wants to formulate the policy as the sector's growth is critical to boost exports and economic growth

Possession, sale of imported fireworks illegal: Commerce Ministery

Commerce and industry ministry said information about possession or sale of illegal fireworks may be reported to the nearest police station for suitable action

Govt may allow services units in SEZs to accept payments in rupee: Report

The proposal is aimed at promoting the growth of IT units in special economic zones (SEZs)

Steps taken to protect domestic industry from unfair trade practices: Govt

There has also been a reduction in the number of actual days taken to initiate investigations

File application for dumping probe, commerce ministry tells cashew industry

Cashew Export Promotion Council of India was asked to file an anti-dumping investigation request with the DGTR

Odd decisions and the consequences

What caused the ministry to deny the drawback at AIR for deemed export in 2013? And, what has now happened in 2019 to restore the benefit with retrospective effect? The reasons are far from obvious

Edible oils deficiency

Farmers need stable policy environment for investment