Commerce and Industry Ministry

New trade pact between India and Australia soon, duty-free access to traders: Piyush Goyal

Under the pact, Australia is offering zero-duty access to India for about 96.4 percent of exports (by value) from day one. This covers many products that currently attract 4-5 percent customs duty in Australia.

Jul 13, 2022, 13:03 PM IST

Govt toughens norms for e-commerce firms, bars exclusive deals

The revised 'policy on foreign direct investment in online retail' would be effective from February 2019.

Dec 26, 2018, 22:34 PM IST

Commerce ministry to set up regulatory review committee under DIPP

The ministry has also decided to take regular feedback from the industry on implementation of measures on ease of doing business.;/;

Sep 26, 2017, 18:17 PM IST

PM Modi holds FDI policy's review meet

Commerce and Industry Minister Nirmala Sitharaman, among others, attended the meeting which was held at the Prime Minister`s residence.
 

Jul 14, 2017, 23:35 PM IST

India's trade deficit narrows to $13 billion in June

Economists in a Reuters poll had predicted that trade deficit would decline to $12.5 billion in June compared with a provisional $13.84 billion in the previous month.

Jul 14, 2017, 18:19 PM IST

DIPP to hold meeting next week on new FDI approval system

This is the first meeting on FDI approvals related issues after abolition of the Foreign Investment Promotion Board (FIPB), a ministry official said.

 

Jul 07, 2017, 15:56 PM IST

Govt working on new industrial policy for North East: Nirmala

The Commerce and Industry Ministry is working on a new policy for the industrial development of the North East states, Union Minister Nirmala Sitharaman said on Saturday.

May 20, 2017, 18:10 PM IST

FDI in services sector up 77.6% in 9 months of FY'17

Foreign investments in the services sector increased 77.6 percent to USD 7.55 billion in the first nine months of the current fiscal, helped by government steps to improve ease of doing business.

Mar 05, 2017, 13:51 PM IST

Gold imports drop over 38% in June to $1.2 billion

Gold imports plunged by 38.54 percent to USD 1.2 billion in June while inbound shipments of silver fell by more than a quarter in the month.

Jul 15, 2016, 20:04 PM IST

Exports snap 18-month downward spiral, rise 1.27% in June

Rising exports and decline in imports also brought down the trade deficit in June to USD 8.11 billion as against USD 10.82 billion in the year-ago month.

Jul 15, 2016, 19:56 PM IST

DIPP working on aligning FDI policy with NIC code

All the economic activities are classified as per the NIC Code.

Nov 10, 2015, 00:17 AM IST

CII inks MoU with Russian counterpart to boost eco ties

The chamber also said that during their interaction with Sitharaman, industry leaders raised the issue of possibility of Rupee-Rouble trade, financing for oil trade and barter trade in commodities.

Jun 19, 2015, 19:31 PM IST

Vodafone India's $1.5 bn investment biggest in Apr-Feb FY15

As per the data available with Commerce and Industry Ministry for April-February period, Vodafone India's USD 1.5 billion investment in May 2014 was the biggest by any multinational company.

Jun 15, 2015, 19:18 PM IST

'No Board of Trade meeting before FTP'

"There will be no such meeting this time. All the work is over for the FTP. The ministry has consulted all the stakeholders for the policy," a senior official told PTI.

Mar 29, 2015, 11:12 AM IST

FDI in November dips 6% to $1.53 bn

Foreign direct investment (FDI) into India declined by over 6 percent year-on-year in November 2014 to USD 1.53 billion.

Jan 18, 2015, 11:34 AM IST

IPR policy: Think tank to hold meetings on Feb 5

A think tank on intellectual property rights (IPR), constituted by the Commerce and Industry Ministry, would hold meetings with stakeholders on February 5 on its first draft report.

Jan 13, 2015, 19:19 PM IST

Next edition of consolidated FDI policy to come out on Mar 31

The Commerce and Industry Ministry plans to release the next edition of its consolidated FDI policy document on March 31, incorporating all the changes made over the past year.

Jan 02, 2015, 16:01 PM IST

FDI equity inflows rise 24% in Jan-Sep period

The Ministry also said total FDI into India, since April 2000 and September 2014, including equity inflows, reinvested earnings and other capital, stood at USD 345.29 billion.

Jan 01, 2015, 18:10 PM IST

Cipla-Novartis patent row: DIPP looking into merit of case

The Commerce and Industry Ministry is looking into the merit of Cipla's demand for revocation of patents of Swiss drug major Novartis for respiratory drug Indacaterol citing the need for public health access.

Nov 02, 2014, 11:51 AM IST

Foreign trade policy 2014-19 very soon: Kher

The Commerce and Industry Ministry is expected to announce "soon" the new five-year foreign trade policy (2014-19) as it seeks to boost manufacturing and exports, among other things.

Aug 12, 2014, 14:29 PM IST