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E-commerce rules do not allow foreign investment in multi-brand retail: DIPP

These clarifications have come against the backdrop of new provisions announced by the DIPP related to FDI in e-commerce sector last month.

Jan 03, 2019, 17:39 PM IST

'India more attractive to do biz than WB ranking suggests'

Prime Minister Narendra Modi has now set the target of India's ranking in ease of doing business in the top 50. This he said is achievable, but one should not underestimate the difficulties.

Nov 07, 2017, 23:18 PM IST

Govt to implement 200 reforms to push India into top 50 in WB ranking: DIPP

The Secretary also said the World Bank report has acknowledged that GST (Goods and Services Tax) is a substantial reform and "hopefully it will have a positive impact on the country's ranking next year".

Nov 01, 2017, 17:04 PM IST

Govt considering exemptions sought by Apple: DIPP Secretary

The ministry had constituted a task force chaired by V Kamakoti of IIT Madras to explore possibilities to leverage Artificial Intelligence (AI) for development across various fields.

Oct 05, 2017, 12:52 PM IST

CAIT demands action against e-comm sites "flouting FDI policy"

The Confederation of All India Traders (CAIT) also sent a communication to Department of Industrial Promotion and Planning (DIPP) Secretary Ramesh Abhishek saying "if no action is taken by the government, the trade body may opt for approaching court of law for obtaining justice."

Oct 02, 2017, 18:55 PM IST

67 startups receive tax benefits so far, says minister

The Department of Industrial Policy and Promotion (DIPP), under the ministry, considered 671 startups for income tax exemption and of this 67 received the benefit.

Sep 12, 2017, 13:59 PM IST

DIPP releases next edition of consolidated FDI policy

The consolidated policy is a compilation of the various decisions taken by the government in the past one year.

Aug 28, 2017, 14:05 PM IST

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.


Jul 13, 2017, 16:39 PM IST

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.

Jul 04, 2017, 17:46 PM IST

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.

May 28, 2017, 12:03 PM IST

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.

May 20, 2017, 18:10 PM IST

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.

Mar 05, 2017, 13:51 PM IST

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.

Feb 03, 2017, 15:36 PM IST

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.

Jan 03, 2017, 17:00 PM IST

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.

Dec 29, 2016, 12:47 PM IST

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.

Nov 12, 2016, 19:23 PM IST

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.

Nov 06, 2016, 11:06 AM IST

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.

Nov 04, 2016, 17:14 PM IST

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.

Oct 31, 2016, 18:20 PM IST

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.

Oct 24, 2016, 18:15 PM IST