The Bangladeshi government on Sunday launched a special sales drive of essentials at subsidised rates across the South Asian country to help millions of low-income families cope with soaring prices.
September 11, 2022“Wherever possible, the Indian Standards are harmonized with international standards for ensuring that quality of services matches global expectations,” the Ministry said.
December 23, 2021India's exports grew by 67.39 per cent to USD 32.21 billion in May, driven by healthy growth in sectors such as engineering, and petroleum products.
June 9, 2021Oil imports grew by 1.22 per cent to USD 10.17 billion in March. During 2020-21, oil imports dipped by 37 per cent to USD 82.25 billion.
April 2, 2021In addition, it has also recommended to the Finance Ministry that purchase of cigarette cartons at duty-free shops should be banned.
January 19, 2020To protect domestic players from cheap imports, India has imposed anti-dumping duty on as many as 99 Chinese products as on January 28 this year, Parliament was informed Monday.
February 4, 2019China's Commerce Ministry said ahead of the meeting that it would last only two days.
January 9, 2019The Union Cabinet is expected to consider this week the proposed agriculture export policy, which aims at doubling outbound shipments of farm products and increasing their share in the world market.
November 25, 2018A major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for May to 4.43 percent, to nearly double over the 2.26 percent registered in May last year and higher than the 3.18 percent recorded in April, 2018, Commerce Ministry data showed on Thursday. Earlier this week, Central Statistics …
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June 14, 2018In a digital initiative to promote ease of exports, particularly for Indian agricultural products, the Commerce Ministry on Tuesday launched three portals – for Safe Food Export Traceability, Single Laboratory for Accreditation and Approvals, and the third for Monitoring Export Alerts from importing regulators. While the Safe Food Export portal offers comprehensive linkages to primary …
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April 3, 2018India’s trade deficit in February at $12 billion narrowed from an over a four-year high of the previous month at $16.3 billion, as exports picked up while imports moderated, official data showed on Thursday. According to figures released by the Commerce Ministry, the trade deficit in February, however, was 36.36 per cent higher than in …
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March 15, 2018Union Consumer Affairs Minister Ram Vilas Paswan on Wednesday said public sector body MMTC will import 2,000 tonnes of onion in order to check rising prices in the local market. He also said National Agricultural Cooperative Marketing Federation of India was procuring 10,000 tonnes while Small Farmers Agriculture-business Consortium (SFAC) was asked to buy about …
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November 23, 2017A massive jump in food prices pushed up India’s wholesale price-indexed (WPI) inflation in August at 3.24 per cent to nearly double that of July, official data showed on Thursday. According to data released by the Commerce Ministry, the annual rate of WPI inflation in July was at 1.88 per cent, while it was at …
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September 14, 2017The commerce ministry is negotiating as many as 21 trade agreements, including with Israel and Mauritius, Parliament was informed on Monday. Commerce and Industry Minister Nirmala Sitharaman also said the negotiations for a free trade agreement are a continuous process and it is difficult to set a timeline for their conclusion. She said that before …
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July 31, 2017A team of officers, led by the commerce secretary, is holding detailed consultations with states to clear the bottlenecks that are hampering exports, an official has said. “So far, we have done this exercise with 14 states. It is an ongoing exercise to involve states in promoting the country's exports,” the commerce ministry official said. …
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July 25, 2017The commerce ministry is likely to cancel approvals of as many as 62 special economic zones including Cochin Port Trust as the developers have not shown interest in moving forward with the projects. The Board of Approval (BoA), headed by commerce secretary Rita Teaotia, would consider cancellation of these proposals at its meeting on 3 …
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June 26, 2017Union Commerce and Industry Ministry is trying to coincide the mid-term review of the Foreign Trade Policy (2015-20) to coincide with the roll-out of the Goods and Services Tax (GST) and it is aligning the existing schemes in the policy with the upcoming indirect tax regime, officials said here on Wednesday. "We are trying Foreign …
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June 21, 2017