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"Mixed Bag, Not Setback": Centre Analysing Impact Of Trump Tariffs
The commerce ministry is analysing the impact of 26 per cent reciprocal tariffs or import duties imposed by the US on India, a senior government official said on Thursday.
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Goli Soda Rebranded, Bubbling To Success In US, UK Gulf Countries: Centre
India's traditional beverage Goli Soda, rebranded as Goli Pop Soda, is registering strong consumer response in the global market, including the US, UK, Europe and the Gulf, according to the Ministry of Commerce & Industry.
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Centre Forms Panel For Consistent Data Publication Amid Gold Import Data Error
The government on Thursday formed a committee, comprising officials from commerce and finance ministries, to create a robust mechanism for publishing consistent and accurate data following errors in gold import figures.
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Government To Spend Rs 15.27 Lakh Crore For Major Sectors: Union Budget
The government has allocated Rs 15.27 lakh crore for 10 major sectors, ranging from defence and rural development to social welfare and commerce, Finance Ministry data said Tuesday afternoon.
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India's 8 Core Industries Post 6.3% Growth In May
The eight core industries that include sectors such as coal, cement, steel and electricity posted a 6.3 per cent growth in May this year compared to the same month of the previous year, according to data released by the Commerce and Industry Ministry
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India Registers Record $778 Billion Export In 2023-24: Report
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
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India, Ghana Agree To Operationalise UPI Link Within 6 Months
India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment and Settlement Systems within six months in order to enable instant fund transfers for users in both countries, the Commerce Ministry said.
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China Offering Rs 1.15 Lakh To Drivers Who Trade Old Car For New Model
Drivers in China who trade in an old car for a newer model are eligible for a subsidy of up to 10,000 yuan ($1,380 or Rs 1,15,096), the commerce ministry has announced.
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Remove Bournvita From 'Health Drinks' Category: Centre's Big Order
The Ministry of Commerce and Industry has issued an advisory to the e-commerce companies, directing them to remove all drinks and beverages including Bournvita from the category of 'health drinks', on their portal and platforms.
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Institutions Asked To Promote Local Products And Preserve Country's Heritage
The Ministry of Commerce is organising events as part of the 'People's Choice Campaign' from November 3, 2023 onwards to support local products.
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CCI Said to Have Appointed Former WhatsApp Executive, Government Officials as New Members
India's antitrust body has appointed three new members to oversee cases, including a former government official from the commerce ministry and a former interim compliance officer of WhatsApp, sources with direct knowledge of the matter said.
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India, UK To Continue Negotiations On Foreign Trade Till End Of August
Indian and UK officials will continue their negotiations till the month-end to iron out differences on the proposed free trade agreement (FTA), the commerce ministry said on Sunday.
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China Hopes To Resolve Economic, Trade Issues With US
China is looking forward to in-depth discussions with the United States on resolving economic and trade issues when its commerce secretary, Gina Raimondo, visits next week, China's commerce ministry spokesperson said on Thursday.
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India's Imports From Russia Doubled To $20.45 Billion During April-July
India's imports from Russia doubled to USD 20.45 billion during the April-July period of this fiscal due to increasing inbound shipments of crude oil and fertiliser from that country, according to the commerce ministry data.
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India's Overall Exports Fall 13% To $60.09 Billion As Global Economy Slows
India's overall exports, both merchandise and services combined, in June 2023 are estimated to be USD 60.09 billion, registering a decline of around 13 per cent from June 2022, official commerce ministry data revealed on Friday.
-
"Mixed Bag, Not Setback": Centre Analysing Impact Of Trump Tariffs
The commerce ministry is analysing the impact of 26 per cent reciprocal tariffs or import duties imposed by the US on India, a senior government official said on Thursday.
-
Goli Soda Rebranded, Bubbling To Success In US, UK Gulf Countries: Centre
India's traditional beverage Goli Soda, rebranded as Goli Pop Soda, is registering strong consumer response in the global market, including the US, UK, Europe and the Gulf, according to the Ministry of Commerce & Industry.
-
Centre Forms Panel For Consistent Data Publication Amid Gold Import Data Error
The government on Thursday formed a committee, comprising officials from commerce and finance ministries, to create a robust mechanism for publishing consistent and accurate data following errors in gold import figures.
-
Government To Spend Rs 15.27 Lakh Crore For Major Sectors: Union Budget
The government has allocated Rs 15.27 lakh crore for 10 major sectors, ranging from defence and rural development to social welfare and commerce, Finance Ministry data said Tuesday afternoon.
-
India's 8 Core Industries Post 6.3% Growth In May
The eight core industries that include sectors such as coal, cement, steel and electricity posted a 6.3 per cent growth in May this year compared to the same month of the previous year, according to data released by the Commerce and Industry Ministry
-
India Registers Record $778 Billion Export In 2023-24: Report
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
-
India, Ghana Agree To Operationalise UPI Link Within 6 Months
India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment and Settlement Systems within six months in order to enable instant fund transfers for users in both countries, the Commerce Ministry said.
-
China Offering Rs 1.15 Lakh To Drivers Who Trade Old Car For New Model
Drivers in China who trade in an old car for a newer model are eligible for a subsidy of up to 10,000 yuan ($1,380 or Rs 1,15,096), the commerce ministry has announced.
-
Remove Bournvita From 'Health Drinks' Category: Centre's Big Order
The Ministry of Commerce and Industry has issued an advisory to the e-commerce companies, directing them to remove all drinks and beverages including Bournvita from the category of 'health drinks', on their portal and platforms.
-
Institutions Asked To Promote Local Products And Preserve Country's Heritage
The Ministry of Commerce is organising events as part of the 'People's Choice Campaign' from November 3, 2023 onwards to support local products.
-
CCI Said to Have Appointed Former WhatsApp Executive, Government Officials as New Members
India's antitrust body has appointed three new members to oversee cases, including a former government official from the commerce ministry and a former interim compliance officer of WhatsApp, sources with direct knowledge of the matter said.
-
India, UK To Continue Negotiations On Foreign Trade Till End Of August
Indian and UK officials will continue their negotiations till the month-end to iron out differences on the proposed free trade agreement (FTA), the commerce ministry said on Sunday.
-
China Hopes To Resolve Economic, Trade Issues With US
China is looking forward to in-depth discussions with the United States on resolving economic and trade issues when its commerce secretary, Gina Raimondo, visits next week, China's commerce ministry spokesperson said on Thursday.
-
India's Imports From Russia Doubled To $20.45 Billion During April-July
India's imports from Russia doubled to USD 20.45 billion during the April-July period of this fiscal due to increasing inbound shipments of crude oil and fertiliser from that country, according to the commerce ministry data.
-
India's Overall Exports Fall 13% To $60.09 Billion As Global Economy Slows
India's overall exports, both merchandise and services combined, in June 2023 are estimated to be USD 60.09 billion, registering a decline of around 13 per cent from June 2022, official commerce ministry data revealed on Friday.
