Commerce and Industry Minister

Policy soon to promote agri exports, says Suresh Prabhu

Policy soon to promote agri exports, says Suresh Prabhu

Prabhu, who took charge as Commerce and Industry Minister on Monday, said that his ministry will work on developing global supply chain for the agriculture sector.

Sep 05, 2017, 16:04 PM IST
Nirmala Sitharaman to hold meeting with industry on US visa issue soon

Nirmala Sitharaman to hold meeting with industry on US visa issue soon

Amid concerns being raised by India Inc on the US visa regime, the Commerce and Industry Ministry on Monday said it will soon hold a meeting with industry including Nasscom to discuss the issue.

 

 

Feb 06, 2017, 18:14 PM IST
Commerce and Industry Minister signals start-ups may get tax benefits in budget

Commerce and Industry Minister signals start-ups may get tax benefits in budget

Commerce and Industry Minister Nirmala Sitharaman today indicated that start-ups may get additional tax benefits in the forthcoming budget, to be unveiled on February 1.

Jan 16, 2017, 15:50 PM IST
Commerce Minister to discuss impact of demonetisation with exporters

Commerce Minister to discuss impact of demonetisation with exporters

Commerce and Industry Minister Nirmala Sitharaman has called a meeting of export promotion councils and other sector representatives tomorrow to discuss the impact of demonetisation.

Nov 20, 2016, 16:16 PM IST

Banks not fully understanding problems of SMEs: Commerce and Industry Minister

Union Minister Nirmala Sitharaman today said banks are not fully understanding the problems faced by small and medium enterprises, whose performance has been hit by the high interest rate regime.

Aug 28, 2016, 16:49 PM IST
2% rate cut by RBI is necessary to boost SMEs, create jobs: Commerce and Industry Minister

2% rate cut by RBI is necessary to boost SMEs, create jobs: Commerce and Industry Minister

Union Minister Nirmala Sitharaman today defended her demand for 2 percent cut in interest rates by RBI, saying it is essential to boost SMEs and create jobs, amid criticism that such a move would drastically affect fixed deposits.

Aug 27, 2016, 17:19 PM IST
Start-ups now need only a DIPP certificate for IPR benefits

Start-ups now need only a DIPP certificate for IPR benefits

To improve ease of doing business, Commerce and Industry Minister Nirmala Sitharaman on Saturday said a start-up would now need only a certificate of recognition from the government to avail IPR-related benefits.

Jul 23, 2016, 17:37 PM IST
'Hyundai should not hesitate to set up 3rd plant in India'

'Hyundai should not hesitate to set up 3rd plant in India'

 Government today exhorted the country's second largest car maker, Hyundai Motor India, to set up its third manufacturing plant here without hesitation as steps are being taken by the Centre to improve business environment and push manufacturing.

Jun 17, 2016, 16:29 PM IST
Tax holiday for start-ups should be raised to 7 years, says Commerce Minister

Tax holiday for start-ups should be raised to 7 years, says Commerce Minister

To boost start-ups and create a favourable ecosystem for their stability in the country, the Ministry of Commerce and Industry has approached the Ministry of Finance with an industry proposal to increase the income tax exemption period for the start-ups from the current three years to seven years.

May 30, 2016, 12:39 PM IST

Discussing Apple's request for FDI rules waiver: Sitharaman

The minister, however, said she was not in favour of relaxing rules for Apple to sell refurbished second-hand phones in India.

May 30, 2016, 11:58 AM IST

South Asia needs to work together to push services trade: Commerce Secretary

South Asian countries need to work together with a "strong business agenda" in services trade as the SAARC region has a huge potential, Commerce Secretary Rita Teaotia said on Saturday.

Apr 23, 2016, 18:22 PM IST
PM Narendra Modi to unveil 'Start-up India' today: what to expect

PM Narendra Modi to unveil 'Start-up India' today: what to expect

PM Narendra Modi's 'Start-up India' has generated immense anticipation in the skilled youth of the country. Have you wondered what it could be announcing today?

Jan 16, 2016, 06:08 AM IST
Incentives given to exporters to help boost shipments: Commerce Minister

Incentives given to exporters to help boost shipments: Commerce Minister

A host of incentives including extension of 3 percent interest subsidy will help in boosting exports, which are in negative zone since December last year, Commerce and Industry Minister Nirmala Sitharaman said.

Nov 22, 2015, 17:39 PM IST
Government to come out with definition of ecommerce: Commerce Minister

Government to come out with definition of ecommerce: Commerce Minister

Commerce and Industry Ministry is working on the definition of 'e-commerce' in the country and clarify issues like taxation and foreign investment.

Nov 15, 2015, 13:01 PM IST

Ranking states on ease of doing biz: DIPP gets 25 responses

The DIPP has received response from 25 states and union territories including Uttar Pradesh, Madhya Pradesh, Tamil Nadu, Odisha, Maharashtra, Karnataka, and Rajasthan.

Jul 31, 2015, 16:30 PM IST

Dip in exports: Govt sets up council for trade promotion

The Union Commerce and Industry Minister will be the chairperson of 'Council for Trade Development and Promotion', while trade/commerce ministers in states and Union Territories will be the members.

Jul 19, 2015, 11:15 AM IST

Centre, states discuss FDI multibrand retail, e-commerce

Several issues pertaining to foreign direct investment (FDI) in multi-brand retail and emerging e-commerce business in the country were discussed during a meeting chaired by Commerce and Industry Minister Nirmala Sitharaman here.

Jul 15, 2015, 21:40 PM IST

RCEP meet today, India wants parallel talks on goods, services

The country wants liberalisation in the services sector under the Regional Comprehensive Economic Partnership (RCEP) as the segment contributes about 60 per cent to the economy.

Jul 13, 2015, 08:31 AM IST

RCEP meet on Monday, India wants parallel talks on goods,services

The country wants liberalisation in the services sector under the Regional Comprehensive Economic Partnership (RCEP) as the segment contributes about 60 per cent to the economy.

Jul 12, 2015, 14:41 PM IST