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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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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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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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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.
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India's Seafood Exports Rise 4.3% To USD 8 Billion In 2022-23
India's seafood exports rose by 4.31 per cent to USD 8.09 billion in 2022-23 on account of a jump in the shipments of frozen shrimp, the commerce ministry said today.
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Science, Arts Popular Streams In Last 10 Years, Commerce Stagnated: Centre
Science and Arts have been the most popular streams among students over the last 10 years while commerce has stagnated with only 14 per cent students opting for it, according to a study conducted by the Ministry of Education.
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India Post to Soon Onboard ONDC Platform, Signs MoU With CAIT
India Post on Tuesday inked a pact with the Confederation of All India Traders (CAIT) and Tripta Technologies for providing logistics support to small traders, and outlined plans to onboard the ONDC platform as a logistics service provider. India Post will also soon onboard itself on the Open Network for Digital Commerce (ONDC) platform, being deve...
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India Said to Plan Appeal Against WTO Panel Ruling Against ICT Import Duties in Dispute With Japan, EU
India will appeal against a World Trade Organization's (WTO) panel ruling that the country's import dues on certain information and technology products are inconsistent with the global trade norms, commerce ministry sources told PTI. The WTO panel's ruling followed a dispute filed by the EU, Japan and Taiwan against duties on ICT products.
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India, Italy Hold Talks On Indo-EU Free Trade Agreement
India and Italy have discussed progress of talks on the proposed free trade agreement between New Delhi and the European Union (EU) and hope for its early conclusion, the commerce ministry said today.
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India, US Decide To Launch Strategic Trade Dialogue
In a significant move, India and the US on Thursday decided to launch a strategic trade dialogue to address export controls, explore ways of enhancing high technology commerce, and facilitate technology transfers.
-
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.
-
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
-
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.
-
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.
-
India's Seafood Exports Rise 4.3% To USD 8 Billion In 2022-23
India's seafood exports rose by 4.31 per cent to USD 8.09 billion in 2022-23 on account of a jump in the shipments of frozen shrimp, the commerce ministry said today.
-
Science, Arts Popular Streams In Last 10 Years, Commerce Stagnated: Centre
Science and Arts have been the most popular streams among students over the last 10 years while commerce has stagnated with only 14 per cent students opting for it, according to a study conducted by the Ministry of Education.
-
India Post to Soon Onboard ONDC Platform, Signs MoU With CAIT
India Post on Tuesday inked a pact with the Confederation of All India Traders (CAIT) and Tripta Technologies for providing logistics support to small traders, and outlined plans to onboard the ONDC platform as a logistics service provider. India Post will also soon onboard itself on the Open Network for Digital Commerce (ONDC) platform, being deve...
-
India Said to Plan Appeal Against WTO Panel Ruling Against ICT Import Duties in Dispute With Japan, EU
India will appeal against a World Trade Organization's (WTO) panel ruling that the country's import dues on certain information and technology products are inconsistent with the global trade norms, commerce ministry sources told PTI. The WTO panel's ruling followed a dispute filed by the EU, Japan and Taiwan against duties on ICT products.
-
India, Italy Hold Talks On Indo-EU Free Trade Agreement
India and Italy have discussed progress of talks on the proposed free trade agreement between New Delhi and the European Union (EU) and hope for its early conclusion, the commerce ministry said today.
-
India, US Decide To Launch Strategic Trade Dialogue
In a significant move, India and the US on Thursday decided to launch a strategic trade dialogue to address export controls, explore ways of enhancing high technology commerce, and facilitate technology transfers.
