Traders can quickly get export, import number to start biz
Seeking to streamline the procedure, the Commerce Ministry has put in place an online system for instant generation of import-export code on submission of documents.
Feb 16, 2015, 16:09 PM IST
Budget: Commerce Minister wants Rs 100 cr Project Development Fund
The Commerce Ministry has sought setting up of a Project Development Fund with an initial corpus of Rs 100 crore to boost project exports from the country.
Feb 16, 2015, 16:07 PM IST
Commerce Ministry seeks withdrawal of MAT, DDT on SEZ in Budget
The Commerce Ministry has sought a re-look at the taxation regime for the special economic zones (SEZs) in the forthcoming Budget to boost exports and investments.
Feb 13, 2015, 15:24 PM IST
ComMin, DIPP not for multiple depts regulating e-commerce
The Commerce and Industry Ministry has turned down a proposal of the Consumer Affairs Ministry to bring e-commerce sector under the purview of nine different departments saying it would create problems for the investors.
Feb 12, 2015, 14:49 PM IST
ComMin for action plan to improve productivity
The Commerce and Industry Ministry has suggested that government departments, including public sector units, formulate action plan to improve productivity in line with the 'Zero Defect Zero Effect' call given by the Prime Minister.
Feb 08, 2015, 13:01 PM IST
Ease of doing biz: Exporters can use credit cards to pay fee
To further improve the ease of doing business in India, the Commerce Ministry is taking steps that include allowing exporters and importers to make the payment of fee through debit or credit cards.
Feb 03, 2015, 13:37 PM IST
Commerce Ministry calls meeting with jewellers on gold import issues
The Commerce Ministry has called a meeting of gems and jewellery exporters Wednesday to discuss issues regarding gold imports for the sector.
Jan 06, 2015, 20:24 PM IST
'Change perspective on protection to make India manufacturing hub'
Commerce Secretary Rajeev Kher said that Indian industry must enhance competitiveness and align themselves with the modern elements of international trade by promoting and integrating with the global value chains.
Dec 20, 2014, 18:53 PM IST
FTAs not hurting domestic manufacturing: Commerce Ministry
Brushing aside concerns of Indian industry over free trade agreements (FTAs), senior commerce ministry officials Monday said it has not led to any spurt in imports or export of raw materials.
Oct 20, 2014, 18:43 PM IST
Exports of 8 in 13 key agriculture products enter negative zone
Exports of several agriculture products including rice, spices and tobacco have registered negative growth in August mainly due to decline in prices in the global commodity market.
Oct 05, 2014, 12:15 PM IST
14 SEZ developers seek more time to implement projects
The inter-ministerial Board of Approval (BoA) chaired by Commerce Secretary Rajeev Kher will consider these requests at its meeting on September 18.
Sep 14, 2014, 13:46 PM IST
Protection of auto industry cannot be forever: Commerce Secy
In a veiled warning to the domestic auto sector, the Commerce Ministry today said it cannot continue providing protection to the industry while duty barriers are coming down all over the world.
Sep 12, 2014, 19:28 PM IST
Manufacturing units in SEZs may get tax sops
Export promotion body for special economic zones has asked the Finance Ministry to roll back or reduce the minimum alternate tax (MAT) and dividend distribution tax (DDT) on SEZs.
Sep 07, 2014, 15:33 PM IST
India talking to WTO members on food subsidy issue: Govt
India is talking to "good number" of countries to garner support on its stand on the food security issue at the World Trade Organisation with a view to carry forward the talks for freer trade.
Sep 03, 2014, 15:31 PM IST
'Need to strengthen e-commerce platform to reduce transaction costs'
The Commerce Ministry on Wednesday sought specific suggestions from the industry to strengthen e-commerce platform for enhancing trade and reducing transaction cost.
Aug 27, 2014, 14:44 PM IST
Centre asks states to appoint commissioners to boost exports
Seeking to involve state governments in boosting country's exports, the Centre has asked them to appoint export commissioners to step up efforts to boost shipments.
Aug 26, 2014, 16:22 PM IST
Govt cancels 27 SEZs; gives time to 18 to execute projects
The government has cancelled its approvals to 27 special economic zones, including Emaar MGF Land Ltd and SAIL Salem SEZ, while giving more time to 18 others to execute their projects.
Aug 14, 2014, 14:59 PM IST
Economic Survey 2013-14: Need clear signal to revive economic zones
The Economic Survey Wednesday pitched for giving a "clear signal" to the developers and units of Special Economic Zones as fresh investments have slowed down in SEZs in the recent years.
Jul 09, 2014, 16:19 PM IST
Finance and Commerce Ministries to soon join Twitter
The microblogging site is engaging with the government to help various ministries use the platform to connect with the masses.
Jul 06, 2014, 11:13 AM IST
Modi to meet officials tomorrow to sort out SEZ woes
Seeking to revive the beleaguered Special Economic Zones, Prime Minister Narendra Modi will hold a meeting of the officials of commerce and finance ministries on Saturday to sort out the taxation and other problems hampering the implementation of the scheme.
Jun 13, 2014, 15:20 PM IST
