Tag: Ministry of Commerce and Industry

India registers highest FDI of USD 81.97 Billion in current financial year

Further to enhance India’s manufacturing capabilities and exports, Government has earmarked an outlay of INR 1.97 lakh crore

February 11, 2022

DPIIT to organise startup India Innovation Week

The programme is expected to bring together top policymakers, industry, academia, investors, startups, and all ecosystem enablers from across the globe.

January 8, 2022

India’s February WPI inflation jumps to 27-month high at 4.17% on costlier food, fuel

The WPI inflation rose for the second consecutive month in February to 4.17 per cent from a rise of 2.03 per cent in January.

March 15, 2021

India’s January WPI inflation rise to 2.03%

Food inflation in January stood at (-) 2.8 percent, against (-) 1.11 percent in the previous month.

February 15, 2021

India’s WPI inflation jumps to 1.55% in November

Food inflation in November stood at 3.94 per cent, against 6.37 per cent in the previous month.

December 14, 2020

COVID-19: Output of India’s eight core industries contracts 23.4 pc in May

During April-May 2020-21, the sector's output dipped by 30 per cent as compared to 4.5 per cent in the same period previous year.

June 30, 2020

Piyush Goyal launches Global Innovation Index in New Delhi

According to the ministry, this is for the first time that the GII is being launched in an emerging economy.

July 24, 2019

Cheaper fuel cost eases India’s June WPI to 2.02%

WPI data furnished by the Ministry of Commerce and Industry showed a decelerating trend as inflation had risen.

July 15, 2019

India’s April-October trade deficit with China at $36.73 bn

India’s trade deficit with China stood at $36.73 billion for the period of April-October period, parliament was informed on Monday. Imports from China stood at $43.46 billion, while exports stood at $6.73 billion during the period under review, Minister of State for Commerce & Industry C.R. Choudhary told the Lok Sabha in a written reply. In …

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December 19, 2017

India’s WPI inflation at 3.93% in November

India’s annual rate of inflation based on wholesale prices stood at 3.93 per cent for the month of November, official data showed here on Thursday. According to data from the Ministry of Commerce and Industry, the wholesale price index (WPI), with the revised base year of 2011-12, stood at 3.93 per cent (provisional) for the month …

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December 14, 2017

India’s April exports up by 20 per cent

India's exports revival continued for the eighth successive month, recording 19.77 per cent growth during April 2017, official data showed on Monday. According to data released by the Ministry of Commerce and Industry, exports grew by 19.77 per cent to $24.63 billion from $20.56 billion worth of merchandise shipped out during April 2016. "In continuation …

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May 15, 2017

India-Chile to implement expanded PTA from May 16

India and Chile will implement a bilateral expanded PTA Preferential Trade Agreement from May 16, it was announced on Sunday. According to the Ministry of Commerce and Industry, India and Chile had earlier signed the "original PTA" on March 8, 2006 which came into force with effect from August 2007.  "The original PTA had a …

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May 14, 2017

India’s February exports growth up by over 17%

India's exports revived for the sixth straight month, as the country's merchandise shipments overseas reported a double-digit growth during February, official data showed on Wednesday. According to data released by the Ministry of Commerce and Industry, the exports grew by 17.48 per cent to $24.49 billion from $20.84 billion worth of merchandise shipped out during …

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March 16, 2017