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COMMERCE MINISTRY
Rising ODI outflows signal growing global capabilities of Indian companies: GovtIndian enterprises are stepping up their overseas investments, eyeing strategic assets and emerging markets. Foreign direct investment infl...
India extends anti-dumping duty on select chemicals, metal goods; imposes on oneIndia has extended anti-dumping duties on four products, including chemicals and steel goods. New duties were imposed on metallurgical coke...
No guidelines to regulate online astrology platforms: Consumer affairs department to CICThe CIC directed the department to provide details of any investigation, disclose complaint figures and transfer parts of the RTI applicati...
Tea Board launches NCVET-approved tea tasting courses to build skilled workforceThe Tea Board of India has unveiled innovative skill development courses in tea tasting, authorized by NCVET. Designed to nurture a skilled...
Government plans to ease forex rule for SEZ services exports to domestic tariff areasThe current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised i...
China draws 'red lines' around its economic model ahead of EU, US trade talksChina defends its economic policy favoring advanced industries over domestic consumption. This stance signals increasing confidence ahead o...
Handloom Hackathon 2.0 concludes at IIT Delhi, showcasing technology-led innovations for India's handloom sectorThe second edition of Handloom Hackathon 2. "Weaving Innovations" concluded successfully at the Foundation for Innovation and Technology Tr...
Handicraft, ODOP items to get major exports boost from FDI in inventory-based e-comm: OfficialNew FDI rules permit inventory-based e-commerce solely for export purposes. This change will significantly boost shipments of Indian handic...
China's Commerce Ministry denies US accusation of forced labour in XinjiangChina's Commerce Ministry said US sanctions lacked factual basis and might disrupt global supply chains, calling US actions economic coerci...
India needs enabling ecosystem for green trade, says Commerce SecretaryIndia's Commerce Secretary highlighted sustainability regulations in global trade. He stressed creating an ecosystem for industry to adopt ...
India climbs 25 places to 57th in global rankings on back of structural, pro-competitive reformsIndia's position in structural and global rankings has improved from 82nd to 57th as per a statement by the Ministry of Commerce & Industry.
India 25 notches up on global competitiveness indexIndia advanced 25 places to rank 57th globally in a competitiveness index. This improvement reflects sustained efforts in reducing market d...
Comprehensive work plan in India-EU FTA to address carbon tax concerns: officialThe India-EU free trade agreement includes a work plan for carbon border adjustment mechanism concerns. This plan aims to assist small and ...
India-EU FTA includes dedicated framework to address CBAM concerns, says commerce officialIn the India-European Union free trade agreement, a proactive framework for a carbon border adjustment mechanism is established, aimed at p...
China warns of retaliation over US curbs on robots, invertersChina vows strong retaliation if the United States proceeds with its import ban. The commerce ministry urged the US to withdraw these discr...
China says it will defend its research institutions, after US sanctions listChina's commerce ministry will take necessary measures to protect its research institutions. The ministry firmly opposes the United States'...
China accuses US of 'AI hegemonism', threatens countermeasures over potential probesThe ministry said Washington was threatening Chinese companies with punishment based on allegations they used "distillation" to copy advanc...
Steps likely to safeguard FCV tobacco farmersThe government is currently investigating ways to protect the interests of FCV tobacco farmers. On July 25, a ministry team traveled to And...
Govt examining measures to safeguard FCV tobacco farmers of AP: GovtThe government is actively examining measures to safeguard FCV tobacco farmers' interests. A ministry team visited Andhra Pradesh to review...
China blacklists 14 European firms in retaliation for EU's Russia sanctionsChina has added fourteen European organizations to its export control list. This action is a direct response to the European Union's sancti...