Commerce Ministry

Saturday, Apr 20, 2024 | Last Update : 04:01 AM IST

India drops anti-dumping probe against chemical from Saudi Arabia

Reliance Industries Ltd in its letter dated February 21 has requested to terminate the investigation against Saudi Arabia

07 Apr 2020 2:07 PM

So far, 27 rounds of talks at the chief negotiators level have been conducted.

FinMin asks commerce ministry to assess revenue impact of proposed RCEP

India is looking for a balanced trade agreement, as it would cover 40 per cent of the global gross domestic product.

08 Aug 2019 3:03 PM

Over 40 per cent of India's services exports comes from IT and enable services, she said. (Representational Image)

India's digital economy seen at USD 1 trillion by 2025: Official

By 2025, India is poised to reach USD five trillion economy over all.

31 May 2019 5:47 PM

The proposal is part of a 100-day action plan prepared by the ministry for the new government, which will take office on May 30.

100-day agenda: Commerce ministry proposes to create separate dept for logistics

At present, a logistics division is functioning under the department of commerce and headed by a special secretary-level officer.

28 May 2019 2:39 PM

In 2018-19, Government e-Marketplace (GeM) touched Rs 17,325 crore mark in terms of value of transactions as compared to Rs 5,885 crore. (Representational Image)

Govt eyeing Rs 50,000-cr of public procurement through GeM in FY'20

Public procurement of the Central and State governments runs into over Rs 2 lakh crore annually.

15 Apr 2019 1:33 PM

DGTR said the domestic industry has contended that China is providing countervailable subsidies to the producers and exporters of these tyres. (Representational image)

Commerce ministry for imposition of countervailing duty on Chinese pneumatic tyres

The move will be aimed at guarding domestic players from imports that are subsidised by China.

28 Mar 2019 3:28 PM

India is seeking greater market access for various agricultural products, animal feeds, oil seeds, milk and milk products, pharmaceuticals in light of the potential of these products/services in the Chinese market. (Representational Image)

Commerce min calls meeting of stakeholders on increasing exports to China on Apr 5

Trade deficit with China increased to USD 63.12 billion in 2017-18 from USD 51.11 billion in 2016-17.

27 Mar 2019 6:30 PM

Commerce ministry will engage with the industry to understand the constraints they face both domestic and international and try to address them.

India to seek better deal for exporters under FTAs: Commerce Secy

Govt is in the process of further streamlining procedures for exporters to avail benefits offered under trading opening pacts.

15 Mar 2019 12:02 PM

Commerce and Industry Minister Suresh Prabhu attended the 7th RCEP Inter-Sessional Ministerial Meeting held at Siem Reap in Cambodia. (Photo: File)

7th RCEP inter-sessional ministerial meet calls for meaningful outcome

The mega trade deal is being negotiated by 16 countries.

03 Mar 2019 10:22 AM

Commere and Industry Minister Suresh Prabhu.

India, Latin American nations have huge potential to boost trade ties: prabhu

The LAC region comprises 43 countries and the major economic and trading partners of India.

28 Feb 2019 2:04 PM

India may impose anti-dumping duty on a certain type of sheet used in solar cell

The commerce ministry's dumping investigation arm DGTR has recommended the duty in the range of USD 537 to USD 1,559 per tonne.

27 Feb 2019 2:17 PM

The official added that India and the US are having two track discussions -- to increase trade in short and medium term, and identify long term trade potentials. (Photo: File)

India, US expected to soon finalise a trade package to boost bilateral commerce

ndia's exports to the US in 2017-18 stood at USD 47.9 billion, while imports were USD 26.7 billion.

23 Feb 2019 4:35 PM

Prabhu inaugurated skilling Common Facility Centre (CFC) in Udupi, and laid the foundation stone for a CFC in Coimbatore. He also inaugurated two spices parks in Kota and Raebareli. (Photo: File)

Prabhu inaugurates projects worth Rs 1,000 crore

The projects in seven states and two Union Territories were inaugurated through video conferencing here, the commerce ministry said.

22 Feb 2019 5:19 PM

The minister said by 2030, the country is expected to become the third largest economy in the world with a huge middle class. (Photo: File)

ComMin sets USD 50 billion bilateral trade target with Russia by '25

USD 50 billion target set for bilateral trade between India and Russia over the next seven years: CR Chaudhary.

21 Feb 2019 5:29 PM

He said that opportunities are endless for both the countries to collaborate and work together in new regions like Africa. (Photo: File)

India, Saudi need to explore opportunities in new products, biz: Prabhu

Ways to increase trade and investments were discussed during a meeting between Prabhu and the Saudi delegation led by Kamel Al-Munajjed.

21 Feb 2019 2:16 PM

The pillars will assess efforts of states/UTs across institutional support, simplifying regulations, easing public procurement, incubation, seed funding, venture funding and awareness and outreach related activities. (Photo: PTI)

DPIIT begins work on ranking states/UTs on startup initiatives

The exercise aims to evaluate measures taken by states/UTs to boot startup ecosystem.

20 Feb 2019 2:35 PM

He was speaking at a FICCI programme on logistics. (photo: File)

DGFT provided resources to revamp IT infrastructure: Prabhu

Prabhu said an efficient and cost-effective logistics framework would provide huge business opportunities.

20 Feb 2019 1:29 PM

The online course is being funded by the Directorate General of Foreign Trade (DGFT) under the ‘Niryat Bandhu’ scheme in collaboration with the Indian Institute of Foreign Trade (IIFT), the ministry stated. (Photo: PTI)

Suresh Prabhu launches online course, mobile app to aid exporters

The scheme will help the businessmen to discover trade exports through training, counseling available on the DGFT office network pan India.

19 Feb 2019 11:31 AM

Every data will undergo validity checks based on globally accepted GS1 standards prior to being published for access by buyers. (Photo: Twitter)

GS1 India inks pact with GeM

Government-e-Marketplace (GeM) will access product data from GS1 India's DataKart.

16 Feb 2019 6:50 PM

India imported goods worth USD 488.5 million in 2017-18. (Photo: File)

Commerce ministry to notify WTO regarding revoking MFN status to Pakistan

The decision would enable India to increase custom duties on goods imported from Pakistan.

15 Feb 2019 5:05 PM

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Shobhaa De

commerce ministry