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Prime Minister Narendra Modi to review FDI policy tomorrow

Prime Minister Narendra Modi to review FDI policy tomorrow

Prime Minister Narendra Modi will review the foreign direct investment (FDI) policy on Friday with a view to removing bottlenecks to overseas inflows, sources said.

 

Govt seeks suggestions to formulate new industrial policy

The government has sought suggestions from stakeholders to formulate a new industrial policy to promote manufacturing and job creation in the country.

Mauritius dislodges Singapore to emerge as top source of FDI in 2016-17

Mauritius dislodges Singapore to emerge as top source of FDI in 2016-17

Island nation Mauritius elbowed out Singapore to emerge as the top source of foreign direct investment (FDI) into India in 2016-17.

Govt working on new industrial policy for North East: Nirmala

Govt working on new industrial policy for North East: Nirmala

The Commerce and Industry Ministry is working on a new policy for the industrial development of the North East states, Union Minister Nirmala Sitharaman said on Saturday.

FDI in services sector up 77.6% in 9 months of FY'17

FDI in services sector up 77.6% in 9 months of FY'17

Foreign investments in the services sector increased 77.6 percent to USD 7.55 billion in the first nine months of the current fiscal, helped by government steps to improve ease of doing business.

Amazon seeks govt permission to set up food e-retail venture in India; spend $500 million

Amazon seeks govt permission to set up food e-retail venture in India; spend $500 million

Amazon has filed its application with the Department of Industrial Policy and Promotion.

Govt not in favour of concessions to Apple for setting up manufacturing unit in India: Sources

Govt not in favour of concessions to Apple for setting up manufacturing unit in India: Sources

In what could be a major blow to Apple Inc in its plan to set up a manufacturing unit in India, the Commerce Ministry is reportedly not in favour of concessions to the US tech giant for the same.

IMG to discuss Apple's demand to set up manufacturing unit in India

IMG to discuss Apple's demand to set up manufacturing unit in India

A group of senior officials from ministries, including commerce and finance, will early next month deliberate on the incentives sought by US-based iPhone maker Apple to set up a manufacturing unit in the country.

Adequate quantity of salt in every state, says Finance Minister Arun Jaitley

Adequate quantity of salt in every state, says Finance Minister Arun Jaitley

Finance Minister Arun Jaitley today dismissed canard about shortage of salt in the country as "concocted rumours" and stressed adequate quantity is available in every state.

Apple seeks incentives to set up manufacturing unit in India

Apple seeks incentives to set up manufacturing unit in India

US-based iPhone maker Apple has sought incentives from the government to set up a manufacturing unit in the country.

Ease of Doing Business: India's rank will seriously improve in World Bank's report, says DIPP

Ease of Doing Business: India's rank will seriously improve in World Bank's report, says DIPP

India's rank will "seriously improve" in the World Bank's 'Doing Business' report next year on the back of reforms like GST and Insolvency & Bankruptcy Code, Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek said Friday.

Ease of Doing Business: Andhra, Telangana dethrone Gujarat from top spot

Ease of Doing Business: Andhra, Telangana dethrone Gujarat from top spot

The states of Andhra Pradesh and Telangana are the best states to do business in India after having jointly dislodged Gujarat from the top spot, according to a report by the World Bank and DIPP.

Big boost to India: 16 states score over 80% in World Bank `Ease of Doing Business` ranking

Big boost to India: 16 states score over 80% in World Bank `Ease of Doing Business` ranking

The `Make of India` programme of the government has spurred strong competition among Indian states in improving the ease of doing business in order to attract investments and drive the economies of their regions.

 Copyright.In a fraudulent website: DIPP

Copyright.In a fraudulent website: DIPP

The Commerce Ministry on Thursday cautioned that the website www.Copyright.In does not represent the copyright registration office of India.

Ads for discounts by e-commerce players no violation of policy

Amid controversy over advertisements for discounts by online retailers like Amzaon and Flipkart, an official said these business propositions are to attract buyers and are not in violation of e-commerce guidelines.

Ease of doing biz: DIPP to release states' ranking in September

Ease of doing biz: DIPP to release states' ranking in September

For this year's ease of doing business ranking, the Department of Industrial Policy and Promotion (DIPP) will consider reforms uploaded by states till August 30.

Govt to invest Rs 200 crore on scaling up existing incubators

Government will identify 10 incubators out of existing 200 such centres and invest Rs 200 crore on scaling up their capacity, Niti Aayog CEO Amitabh Kant on Saturday said.

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.

Ease of biz ranking: World Bank officials to meet DIPP

Ease of biz ranking: World Bank officials to meet DIPP

A World Bank team will meet DIPP officials next week to discuss steps taken by India to improve its ease of doing business ranking.

571 startups queue up for tax benefits

571 startups queue up for tax benefits

As many as 571 budding entrepreneurs have filed applications as on June 24 with the Department of Industrial Policy and Promotion (DIPP) for recognition as innovative startups to avail tax breaks and other benefits.