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COMMERCE DEPARTMENT
SK Hynix's New York chip plans hit snag over US restrictions on China, sources saySK Hynix is seeking US export licenses to equip its Dalian plant, arguing that increased production there would help fund its planned US ex...- SK Hynix's New York chip plans hit snag over US restrictions on China, sources saySK Hynix is awaiting approval from US officials for equipment necessary for expanding production in China. The company aims to increase its...
- Adam Robinson, who was among 9 dead in Florida plane crash, was heading to Bahamas for his birthday celebration with his family before tragedy struck; all about the tech entrepreneurA tragic plane crash in Florida claimed the lives of nine people, including entrepreneur Adam Robinson and his family, who were heading to ...
- Karnataka invites Japanese firms to scale manufacturing, tech alliancesKarnataka seeks collaboration with Japanese companies for manufacturing and innovation in various high-tech sectors. The state presents ded...
- Jammu Airport initiates consultations for commencement of international flightsJammu Airport has commenced discussions with various stakeholders to assess the feasibility of international flights. A planning meeting in...
- GST reforms: Easier registration for small e-commerce sellers, faster refunds to take effect Nov 1Simplified GST registration processes will benefit small sellers using e-commerce platforms without physical presence in multiple states. T...
- CDSL Q2 results: Net profit jumps 24% YoY to Rs 173 crore, revenue up 24%CDSL reported a 24% year-on-year rise in Q2 net profit to Rs 173 crore, while revenue grew 23.7% to Rs 395 crore. EBITDA margin expanded to...
- Commerce ministry sets up committee for better utilisation of RELIEF initiative for exportersThe commerce ministry has established a six-member committee to enhance the RELIEF initiative for exporters. This initiative aims to mitiga...
- Open digital infra has critical role to play in accelerating digitalisation of retail sector: DPIIT SecretaryONDC (Open Network for Digital Commerce) DigiDukaan addresses procurement by digitising kiranas as buyers. Through a single digital interfa...
- US inflation heats up in September; consumer spending risesIn September, the US experienced a notable rise in inflation, driven by surging gasoline prices and other consumer goods. The Personal Cons...
- US economy grows faster than expected at 3.4% in Q3 on consumer spending, AI boomThe US economy grew at a faster-than-expected 3.4% annualised rate in the third quarter, driven by resilient consumer spending and AI-relat...
- Anthropic tells California governor courts should be able to block risky AI modelsAnthropic itself has faced government restrictions on its AI systems. The Trump administration in June ordered Anthropic to immediately res...
- US goods trade deficit unexpectedly widens in SeptemberThe goods trade shortfall increased 2.1%, or $2.8 billion to $134.9 billion last month, the Commerce Department's Census Bureau said on Wed...
- Babus who call late meetings, delay files face scrutiny as cabinet secretary lists 12 types of secretariesCabinet Secretary T V Somanathan highlighted issues with bureaucratic efficiency at a recent performance review meeting. He presented a lis...
- What happened to the FEC website? Hackers disrupt campaign finance filings before US midtermsOn October 26, just ahead of the US midterm elections, the Federal Election Commission encountered a significant outage in its electronic f...
- DPIIT advances trust-based governance to ease business regulations across IndiaThe government has cut 47,957 compliance requirements across Central ministries and states to ease business operations, including 22,290 di...
- Exporters get six more months of risk cover amid West Asia turmoilThe Centre has extended the RELIEF initiative to March 31, 2027, to assist exporters. This scheme provides risk coverage to exporters facin...
- China urges United States to halt proposed expansion of outbound investment curbsChina's commerce ministry has called on the United States to stop expanding investment restrictions related to sensitive technologies. Thes...
- Govt, export promotion body discuss ways to take engineering exports to $250 bn by 2030Their target is to achieve $250 billion by 2030, reflecting a commitment to enhance competitiveness on a global scale. The engineering sect...
- Trump declares wind turbine imports as threat to national security; India among top suppliersUS President Donald Trump recently declared that imports of wind turbines pose a threat to national security. The declaration followed a Co...
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