India, EU for expediting ongoing talks for trade agreement The issue came up for discussion during a meeting between Commerce and Industry Minister Piyush Goyal and Executive Vice-President of… Updated: May 16, 2023 16:15 IST
GeM: Amazon of public procurement surpasses 1 crore transactions Ease of doing business for MSMEs: As of Tuesday, the total number of transactions or orders processed on GeM stood… May 9, 2023 14:04 IST
Commerce ministry recommends anti-dumping duty on optical fibre imported from China, Korea, Indonesia The Directorate General of Trade Remedies (DGTR) has recommended the duty after conducting an investigation on the dumped imports of… Updated: May 9, 2023 14:12 IST
US becoming India’s biggest trading partner is testament to strong bilateral ties: Congressman Raja Krishnamoorthi According to the provisional data of India’s Commerce Ministry, the bilateral trade between India and the US has increased by… Updated: April 19, 2023 13:55 IST
DGTR reviews need to continue anti-dumping duty on imported Chinese flax yarn Grasim Industries Ltd and Sintex Industries have filed an application before the Directorate General of Trade Remedies (DGTR) for initiation… Updated: April 7, 2023 14:42 IST
Union Budget 2023: Commerce Ministry seeks cut in gold import duty to push jewellery exports In July this year, the centre hiked gold import duty to 15 per cent from 10.75 per cent to check… Updated: December 30, 2022 14:34 IST
Commerce ministry may engage with Niti Aayog to rework draft bills on tea, coffee, 3 others Earlier this year, the ministry proposed the repeal and updation of decades-old laws on these sectors and to introduce new… December 18, 2022 14:18 IST
Finance ministry, commerce ministry seized of issue of duty structure: Niti Aayog Vice Chairperson Finance minister Nirmala Sitharaman will announce the tax proposals in the Union Budget 2023-24 which is scheduled to be presented… Updated: December 9, 2022 18:40 IST
Working on law to promote ease of doing biz; may bring bill in winter session: Piyush Goyal The minister urged the industry to “quickly” give feedback on reducing compliances and decriminalising unnecessary sections. September 30, 2022 15:52 IST
DPIIT working on law to decriminalise different provisions related to minor offences Citing some examples, the official said at present there are jail terms for small offences like not doing whitewash in… September 18, 2022 15:30 IST
Trade deficit eases a tad in August from July peak Still high for comfort; exports drop marginally. September 4, 2022 06:15 IST
Commerce department rejig to make it future-ready: Piyush Goyal This is part of the broader efforts to make the ministry “future ready” and put in place an ecosystem to… August 24, 2022 07:47 IST
Commerce ministry to push for direct tax sops under DESH Bill In the past, the revenue department often flagged losses of potential revenue due to support being extended to SEZs. Updated: August 10, 2022 13:21 IST
Exports rise to $37.94 bn in June; trade deficit at record $25.63 billion According to the preliminary data released by the commerce ministry on Monday, exports hit $37.94 billion in June, a record… July 5, 2022 08:22 IST
Commerce ministry to conduct outreach programmes to promote UAE, Australia trade pacts “The main objective of these programmes is to inform Indian exporters about the export opportunities which these trade agreements will… April 21, 2022 14:51 IST
India’s sugar exports rise to $4.6 billion in 2021-22 India exported sugar to 121 countries across the globe, the commerce ministry said. April 18, 2022 21:00 IST
Commerce ministry relooking at processes to rejig way of working, says Piyush Goyal The government is planning to revamp the commerce department which will have a more coherent trade promotion strategy with clear… Updated: March 29, 2022 21:30 IST
Govt deliberating on e-commerce policy draft: CAIT A delegation of the Confederation of All India Traders (CAIT) met the minister and presented a white paper on e-commerce.… March 21, 2022 18:47 IST
Commerce ministry to start online module for filing registration for interest equalisation scheme The interest rates under the scheme have been revised downwards to 2 per cent and 3 per cent for specified… March 15, 2022 21:20 IST
Commerce Ministry extends deadline for exporters to submit applications for pending dues Exporters can claim pending refunds under the Merchandise Exports from India Scheme (MEIS), RoSCTL (Rebate of State and Central Levies… March 9, 2022 13:10 IST
India, US in dialogue to boost economic ties Commerce and Industry Minister Piyush Goyal said that both countries are working on many things to further boost economic ties. February 20, 2022 23:07 IST
Commerce Ministry proposes anti-dumping duty on a chemical from four nations The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers… December 24, 2021 16:23 IST
