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Mar 03, 2021 04:13 PM IST Piyush Goyal also said the investments in the Sagarmala project will boost the country's maritime infrastructure, expand freight corridors, make freight more cost-effective and bring down the current logistics cost, which is estimated to be about 13-14 percent.
Feb 26, 2021 05:38 PM IST The core sectors had expanded by 2.2 percent in January 2020, according to the provisional data released by the Commerce and Industry Ministry on Friday.
Feb 26, 2021 04:16 PM IST Piyush Goyal added that the Indian education system has to attain that level wherein students from even the developed nations would come for higher studies, even in institutes other than IITs and IIMs.
Feb 12, 2021 03:43 PM IST In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Hardeep Singh Puri said the equalisation levy collection stood at Rs 338.6 crore in 2016-17, Rs 589.4 crore in 2017-18 and Rs 938.9 crore in 2018-19.
Feb 12, 2021 01:48 PM IST The exports include grant of the vaccine doses to friendly countries and commercial shipments.
Dec 23, 2020 03:22 PM IST Startups from Asian countries, domestic players and global entrepreneurs would participate in the virtual summit, the official in the Department for Promotion of Industry and Internal Trade (DPIIT) said.
Dec 15, 2020 02:42 PM IST For certain sectors such as telecom, media, pharmaceuticals and insurance, government approval is required for foreign investors. There are nine sectors where FDI is prohibited and that are lottery business, gambling and betting, chit funds, Nidhi company, real estate business, and manufacturing of cigars, cheroots, cigarillos and cigarettes using tobacco.
Nov 27, 2020 02:01 PM IST According to sources who attended the meeting said that the minister was "very keen" to boost ethanol production at a faster pace in the country.
Nov 03, 2020 06:20 PM IST During April-October 2020, exports declined 19.05 percent to $150.07 billion, while imports fell 36.28 percent over the same period last year to $182.29 billion.
Oct 29, 2020 05:51 PM IST The decline in output during the month under review was lowest since March.
Oct 20, 2020 09:58 PM IST The ministry said that the total FDI, which includes reinvested earnings, grew by 13 percent to $35.73 billion.
Sep 30, 2020 07:51 PM IST Piyush Goyal said the government has opened up defence manufacturing for the domestic industry in a much bigger way and coal mining for commercial engagement.
Sep 30, 2020 05:46 PM IST The steep contraction is mainly due to decline in the production of steel, refinery products and cement. Apart from coal and fertiliser, all other sectors recorded negative growth in August 2020.
Sep 26, 2020 04:56 PM IST The two sides will draw up a biennial work plan to implement the MoU which will include detailed planning for carrying out cooperation activities, including scope of action, the Commerce and Industry Ministry said in a statement.
Jul 27, 2020 09:32 PM IST Six states have already given their consent to create a land bank, and potential investors would be able to locate and identify land from their distant offices for industries, without frequently visiting the offices of land owning agencies.
Jul 14, 2020 01:15 PM IST Inflation in food articles during June stood at 2.04 percent, as against 1.13 percent in May. In fuel and power basket, deflation stood at 13.60 percent in June, against 19.83 percent in the previous month.
Jun 23, 2020 07:17 PM IST A Make in India filter has also been enabled on the portal. With this, buyers can choose to buy only those products that meet the minimum 50 percent local content criteria
Jun 11, 2020 08:38 PM IST The minister added that the country's non-oil exports, excluding POL (petroleum oil and lubricant) exports, were down only 30 percent. He said these figures provide confidence that the country is poised for a turnaround.
May 07, 2020 03:00 PM IST "If such payments are made, the business of the traders will fall like anything and in absence of any inflow of money, such payments will be disastrous for the retail trade of the country and in turn will badly affect the economy," CAIT Secretary General Praveen Khandelwal said in the letter to Goyal.
Apr 29, 2020 08:00 PM IST In the post-COVID era, he said, there is going to be perceptible change in the global supply-chains, and Indian industrialists and exporters should be looking to capture significant share in the world trade.
Apr 25, 2019 05:35 PM IST The vision document aims at facilitating setting up of 50,000 new start-ups in the country by 2024, and creating 20 lakh direct and indirect employment opportunities.
Jan 16, 2019 09:34 PM IST According to its report, agriculture and manufacturing sectors can contribute USD 1 trillion each, while the contribution from the services sector has been pegged at USD 3 trillion.
Dec 06, 2018 11:47 AM IST "The event will showcase the Indian startup opportunity for funds from around the world. The summit aims to attract more global capital into the country," it said.
May 20, 2018 10:22 AM IST "The sector needs to be promoted as it holds huge potential. We have big brands in the leather and footwear sector. The government will provide financial support to carry out brand promotion activities in the international markets," the ministry official said.
Mar 23, 2018 07:50 PM IST Commerce and Industry and Civil Aviation Minister Suresh Prabhu chaired the roundtable meeting here.
