Ministry of Commerce and Industry: News
29 Sep 2024
Piyush GoyalPLI scheme to boost employment by 40%, says Piyush Goyal
India's Commerce and Industry Minister, Piyush Goyal, is optimistic about the job market, predicting a whopping 40% boost in job creation thanks to investments from the Production Linked Incentive (PLI) scheme.
14 Sep 2024
BangladeshHow Bangladesh unrest is disrupting Indian pharma, medical tourism
The ongoing political unrest in Bangladesh is causing significant disruptions for Indian pharmaceutical exporters and medical tourism companies.
31 Jul 2024
MeitYLaptop prices may increase as Modi government reviews import rules
India's laptop import policy is currently under review by the Ministry of Commerce and the Ministry of Electronics and Information Technology (MeitY).
25 Apr 2024
Hindustan Unilever LimitedAmid regulatory changes, HUL withdraws 'health' label from Horlicks
In response to recent regulatory changes in the health drinks category, Hindustan Unilever (HUL) has rebranded its "health food drinks" category as "functional nutritional drinks" (FND).
Remove Bournvita from 'healthy drinks' section: Government to e-commerce websites
The Ministry of Commerce and Industry has issued a directive to e-commerce platforms, instructing them to reclassify beverages like Bournvita.
18 Mar 2024
Indian GovernmentIndian government close to finalizing deep tech start-up policy
The Indian government is establishing a dedicated policy to foster the growth of deep technology start-ups, as per Rajesh Kumar Singh, Secretary of the Ministry of Commerce and Industry.
15 Feb 2024
BusinessIndia's trade deficit widens to $17.5 billion in January
India's trade deficit has grown to $17.49 billion in January 2024, a slight increase from $17.03 billion in January 2023, as reported by Commerce Secretary Sunil Barthwal.
29 Dec 2023
IndiaIndia's core sector growth slows to 7.8% in November
India's eight core industries experienced a growth of 7.8% in November 2023, marking the lowest increase in half a year, according to data from the Ministry of Commerce and Industry.
14 Nov 2023
InflationWholesale inflation stays negative for 7th consecutive month in October
India's wholesale inflation persisted in the deflationary territory for the seventh consecutive month in October, registering at -0.52%, as reported by the Ministry of Commerce on November 14.
15 Oct 2023
IndiaRice smuggling along Indo-Nepal border increases after export ban: Report
Rice smuggling has significantly surged along the India-Nepal border since India's ban on the export of non-basmati white rice in July, PTI reported.
03 Aug 2023
TechnologyIndia restricts import of laptops, computers to boost local manufacturing
India's Ministry of Commerce and Industry has imposed an immediate import restriction on laptops, tablets, and servers to boost local manufacturing.
23 May 2023
World Health OrganizationWhy cough syrup exporters will have to undertake product testing
The Directorate General of Foreign Trade (DGFT) of the Ministry of Commerce and Industry (MCI) has made it mandatory for exporters of cough syrups to get their products tested at government laboratories before they are shipped.
29 Mar 2023
Union Health Ministry384 essential medicines to cost more from April; See list
In the midst of rising inflation in India, medicine prices are expected to increase by 12% beginning April 1.
15 Mar 2023
IndiaIndia's exports and imports contract by 8% in February
India's trade deficit, the difference between exports and imports, declined narrowly to $17.43 billion in February from $18.75 billion in the same month last year.
17 May 2022
IndiaCentre eases ban on wheat export: Here are more details
Just days after banning the export of wheat, the Centre on Tuesday announced relaxations its order restricting wheat export issued on Friday.
21 Jan 2021
FlipkartIndia's planned foreign investment policy changes could hurt Amazon
Sources informed Reuters of Indian government's plans to change foreign investment policies that could impact the e-commerce giants like Amazon and Walmart.
23 Dec 2020
PETAQuikr has ended animal sales and pet trading: PETA India
Animal rights body PETA India on Wednesday claimed that e-retailer Quikr has ended "animal sale" on its portal and taken down "pet trading" advertisements after the NGO appealed to it and also mounted pressure.
30 Sep 2020
Ministry Of Home AffairsUnlock 5.0: Cinema halls to reopen from October-15, and more
The Ministry of Home Affairs on Wednesday issued fresh guidelines for reopening of more activities as India emerges from the coronavirus lockdown.
05 Sep 2020
Madhya PradeshEase of doing business: Andhra Pradesh tops states' rankings
The Centre on Saturday released the rankings of states and union territories in terms of Ease of Doing Business (EoDB).
03 Sep 2020
IndiaChina strongly opposes India's app ban; asks to 'correct mistake'
After India banned several Chinese mobile applications, China has said that it strongly opposed the move. China's Commerce Ministry on Thursday urged India to "correct its mistakes."
18 Apr 2020
IndiaTargeting China, India revises FDI Policy to curb 'opportunistic acquisitions'
The Center on Saturday revised the Foreign Direct Investment (FDI) Policy to prevent "opportunistic acquisitions" of vulnerable, coronavirus pandemic-hit Indian companies.
29 Sep 2019
IndiaGovernment bans onion export with immediate effect as prices soar
The Centre on Sunday banned the export of onions with "immediate effect" in a bid to keep the rising price of the vegetable under check.
15 Sep 2019
FlipkartTraders' body seeks blanket ban on Amazon, Flipkart festive sales
Recently, the Confederation of All India Traders (CAIT) urged the government to ban festive season sales conducted by e-commerce companies like Amazon and Flipkart.
14 Sep 2019
IndiaNirmala Sitharaman announces special funding window for unfinished housing projects
Amid the concerning situation of the country's economy, Finance Minister Nirmala Sitharaman announced a slew of measures on Saturday aimed at boosting growth.
16 Aug 2018
Independence DayRupee continues to fall, hits new-low of 70.32 against USD
The Rupee today slumped 43 paise against the US Dollar to trade at a lifetime low of 70.32 on strong demand for the US currency.
13 Aug 2018
IndiaUnder NDA, imported apples, TVs and smartphones are getting costlier
The NDA government's import policy has undergone a marked change: customs duties have been hiked across categories, affecting more than 400 items.
30 May 2018
NITI AayogNITI Aayog's portal to give start-ups access to public data
Government think-tank NITI Aayog has plans to launch a new online portal through which public data will be made available to private entities, including start-ups, announced NITI Aayog's CEO Amitabh Kant at an artificial intelligence (AI) start-up conclave.
19 Feb 2018
Saudi ArabiaSaudi women can start their businesses without a male guardian
2017 was the year of women empowerment in Saudi Arabia. Taking it further, the government has now announced that women can start their own businesses without a male guardian's/husband's permission.
15 Nov 2017
Saudi ArabiaSaudi Arabia finally approves Yoga as a sports activity
2017 has been the year of momentous changes in Saudi Arabia. These changes range from allowing women to drive to permitting its female citizens to watch sport events in stadiums.
03 Sep 2016
Nirmala Sitharaman200 e-commerce companies suspected fake, under DIPP scanner
Around 200 e-commerce companies have come under the scanner of the Department of Industrial Policy and Promotion (DIPP), many of whom are suspected to be fake.
